Container demand growth is losing momentum, but carriers are expected to bring in $200 billion in profits for 2022, forecasts Drewry. In its latest Container Forecaster report, Drewry anticipates that ocean carriers will ride a third year of 15 pe...
CMA CGM and TotalEnergies have launched its inaugural ship-to-containership Liquefied Natural Gas (LNG) bunkering operation in the Port of Marseille Fos, Southern France. CMA CGM BALI, a 15,000 TEU LNG-powered containership is deployed on the MEX ...
Igor Babushkin, Governor of the Astrakhan region in Russia has revealed plans to build a new container terminal at the Port of Olya. The plans were announced by Babushkin in a meeting on 17 January 2022 with Russian President Vladimir Putin. “T...
Global Ports Investments (Global Ports) has released its operational results for Q4 and fiscal year 2021, showing the Russian marine container market reaching record volumes. Market growth continued in Q4 2021, increasing 4.4% year-on-year. Contai...
Peru’s Single Window for Foreign Trade (VUCE) generated more than 148 million soles ($38 million) in savings for exporters, importers and foreign trade operators, its foreign trade ministry has reported. The nation’s news agency said that savings ...
An Ocean Network Express (ONE) vessel which suffered a damage or loss of over 100 containers will head to the Port of Charleston. The 13,900 TEU MV MADRID BRIDGE, which suffered a container collapse on 7 January, is expected to berth at the Hugh K...
DP World-owned Unifeeder has deployed a carbon neutral towage service on London’s River Thames. To develop the EcoTow service, towage operator Svitzer converted its whole fleet of 10 towage tugs from marine fuel to sustainable Hydrogenated Vegetab...
DP World has announced that 11 sustainable straddle carriers will go into service at the Port of Southampton with immediate effect. This latest addition to the port’s equipment portfolio will complete a £40 million ($54.67 million) investment in t...
X-Press Feeders has launched its weekly Germany-Sweden X-press (GSX) service. The GSX service is run with one 509 TEU vessel in the following rotation: Bremerhaven (Germany) – Hamburg (Germany) – Södertälje (Sweden) – Åhus (Sweden) – Bremerhaven. ...
