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How the Houthis fired liner earnings to extraordinary highs
No shipping sector has profited more this year from the ongoing Red Sea crisis than…
Global trade set to hit record $33trn this year
Global trade is on track to hit a record $33trn in 2024, according to the…
Wind Tunnel Tests Mark Next Milestone Toward Wind-Powered Vehicle Carrier
Wind tnnel testing is underway with a 1.2 ton model of the future wind-powered vehicle…
ONE buys stake in Indonesian box terminal
Photo credit: Ocean Network Express (ONE) Singapore’s container liner giant Ocean Network Express (ONE) expands…
EU ports handled 3.4 billion tonnes of freight in 2023
In 2023, the EU sea ports handled around 3.4 billion tonnes of freight (total gross weight). The volume of…
Maersk orders 20 dual-fuel ships at South Korean and Chinese yards
Photo credit: Maersk Danish giant A.P. Moller – Maersk (Maersk) has inked orders with three…
Hapag-Lloyd fixes methanol supplies out of China
German liner Hapag-Lloyd has reached an agreement with Beijing-headquartered Goldwind for the delivery of 250,000…
MSC completes Hamburg port investment
Mediterranean Shipping Co (MSC), the world’s largest container line, has completed its buy-in into the…
PSA and Evergreen form Singapore box terminal joint venture
Singapore’s PSA International and Taiwanese liner Evergreen have established a new joint venture terminal in…
21 Air makes debut cargo flight for Amazon
Retailer is transferring Boeing 767 freighters from Atlas Air as part of carrier remix MIAMI…