PortSide Stories: Tema The Gateway of West Africa The Port of Tema lies on the Gulf of Guinea. It is Ghana’s largest container port. Every day, ships arrive from around …
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ClassNK has implemented a leadership reshuffle effective March 17, 2026. Key appointments Yoshifumi Miyatake has been appointed Senior Executive Vice President. Toshio Kurashiki becomes Executive Auditor. Leadership continuity Hayato Suga …
EDECS, a leading regional engineering and contracting group, and MEDLOG, a global logistics company part of the MSC Group, have launched a major dry port project in the 10th of …
Swire Shipping has announced a revision to its local charges in South Korea, with the updated fees set to take effect on April 20, 2026, following a review of service-related …
In response to the ongoing and volatile situation in the Middle East, the Cathay Group has announced the suspension of all regional operations. This decision affects both passenger and freighter …
UTC Overseas has opened a new office in Thailand, strengthening its presence in the Asia-Pacific region and advancing its global growth strategy. The new entity, UTC Overseas (Thailand) Co., Ltd., …
GetJet Group has secured $31 million in financing from volofin Capital Management to support its Growth Strategy 2026. Fleet expansion plans The funding will enable the acquisition of up to …
SANY Heavy Industry posted strong financial results for 2025, with net profit rising 41.18% to $1.18 billion. Revenue increased 14.73% year-on-year to $12.49 billion, while operating cash flow reached $2.80 …
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In issue 759 of the Sunday Spotlight, Sea‑Intelligence analysed the 2025‑Q4 financial and operational performance of the major global container shipping lines. The reporting shipping lines recorded a combined EBIT …
The upward trajectory of bunker prices, driven by escalating tensions in the Middle East, reversed sharply on April 8 following reports of a two-week ceasefire. “The market has entered a …
Blue Water Shipping has announced the establishment of a dedicated reefer department in Chile, marking a strategic expansion aimed at strengthening support for temperature-controlled and dry cargo operations in a …
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CK Hutchison’s Panama-based subsidiary, Panama Ports Company (PPC), is preparing to initiate arbitration proceedings against Maersk over the takeover of two strategic ports near the Panama Canal, according to a …
The 80,000 dwt multi-purpose grain carrier “Guo Yun Hai” has been delivered. China Classification Society (CCS) surveyed the vessel. Dalian COSCO Shipping Heavy Industry built the ship for COSCO Shipping …
The Suez Canal Authority (SCA) has suspended the 15% discount on transit fees previously granted to large containerships. The suspension took effect on Tuesday, according to a circular published on …
Descartes Systems Group reported that U.S. container imports rose 12.4% month-on-month in March 2026, reaching 2.35 million TEUs. The increase marks a seasonal rebound from February levels. Volumes remained near …
BALBOA CORP has officially launched from stealth, introducing Panama’s first locally issued stablecoin aimed at improving payment efficiency in global trade, shipping, and trade finance. The company’s infrastructure focuses on …
The Ocean Alliance has introduced a new direct container service connecting Asia with Jacksonville Port Authority. The weekly Chesapeake Bay Express (CBX) service is operated by CMA CGM, COSCO Shipping, …
Hanseatic Global Terminals has acquired full ownership of Florida International Terminal, LLC (FIT), following a capital structure adjustment with Agunsa USA, an affiliate of Grupo Empresas Navieras. The transaction makes …
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The ONEX Group has officially marked a new era for the Greek maritime industry with a symbolic keel-laying ceremony at Elefsis Shipyards. This milestone activates a state-of-the-art production line dedicated …
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U.S. President Donald Trump has successfully pivoted from the brink of total war to a strategic diplomatic opening, securing a two-week ceasefire with Iran tied to the reopening of the …
Ocean Network Express has announced the commencement details and terminal information for its enhanced East Coast South America (SX2) service, following a previous update issued in February. The revised SX2 …
We are approaching six weeks since Iran closed the Strait of Hormuz, and only a few vessels per day are being allowed through. Ships that are transiting are doing so …
U.S. President Donald Trump has announced a two-week ceasefire agreement with Iran, linking the deal to the immediate and secure reopening of the Strait of Hormuz. The announcement came shortly …
CMA CGM has announced new pricing adjustments affecting trade lanes from China to West Africa and from Canada to Europe and North Africa. These updates come as part of the …
Maersk has announced a Peak Season Surcharge (PSS) for shipments from the US Gulf to the West Coast of South America, effective from 6 May 2026 until further notice. The …
Indian Register of Shipping (IRS) has announced new leadership appointments effective April 1, 2026, to strengthen operations and support growth. Key appointments Saikat Roychowdhury becomes Chief Operating Officer. He will …
Drewry’s Intra-Asia Container Index (IACI) rose 28% in the first week of April, reaching $865 per 40ft container. The index has now increased for three consecutive weeks and stands 29% …
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The following Q1 2026 Container Market Analysis report, was conducted by Dr. Michael Tsatsaronis, Assistant Professor at the Department of Port Management and Shipping, National and Kapodistrian University of Athens, …
Bureau Veritas has signed an agreement to acquire Lotusworks, strengthening its position in data centers and entering the semiconductor sector. The deal creates a new growth platform worth around €300 …
Maersk has announced an increase in its Emergency Contingency Surcharge (ECS) for shipments from the Indian Subcontinent to North Europe and the Mediterranean, covering the E3W and E4W trade lanes. …
In container terminals, a single re-handle is often dismissed as a minor operational adjustment – an unavoidable part of daily operations. Yet across an entire terminal, these “small” moves accumulate …
KEZAD Group has announced five new industrial and logistics projects across its KEZAD Al Ain and KEZAD Al Ma’mourah zones in Abu Dhabi, attracting a combined investment of AED 147 …
DP World has strengthened its partnership with Japanese homebuilder Ichijo Komuten by activating a direct shipping connection between Sendai, Japan and the Philippines through CMA CGM’s JP8 service. The weekly …
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KfW IPEX-Bank has extended a USD 80 million revolving sustainability-linked loan facility to Singapore-based container feeder operator X-Press Feeders, supporting the company’s decarbonisation strategy. The financing will be used to …
HMM CEO Won Hyok Choi visited TTI Algeciras, marking the first visit by the shipping line’s top leadership since CMA Terminals joined the terminal’s shareholding structure. HMM holds a majority …
The modern car buyer is increasingly faced with a choice that goes beyond price and features: should a vehicle prioritise agility or presence? The comparison between the Hyundai i20 and …
COSCO Shipping Lines on 5 April launched the first dedicated service for shipping containerised bitumen between China and Thailand. The bitumen, loaded in 20 tank containers and placed on the …
LX Pantos has partnered with SK Innovation E&S to install solar power systems across its logistics centers in South Korea. The agreement covers three sites, including the MegaWise Cheongna Center …
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A container vessel operating at Khor Fakkan Port in the United Arab Emirates has reported an incident involving multiple projectile splashes in close proximity while conducting loading operations. According to …
South Korea is preparing to deploy five Korean-flagged vessels to Saudi Arabia’s Red Sea port of Yanbu as part of efforts to secure alternative oil supply routes and reduce reliance …
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