US-based Guidry Group has signed a long-term strategic agreement with Archirodon for the design and construction of the Susah Secure Port Project in Libya. The agreement sets the main terms of cooperation in the $1.5 billion project and is set to ...
Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November 2021, consolidating recent gains to leave container shipping costs up 121.2% year-on-year. The latest developments, revealed in the Xeneta Shipping In...
The Sea Port of Saint-Petersburg JSC (SP SPb) has completed upgrades to its port infrastructure in a bid to modernise port operations. As part of its plan for 2021, the port has upgraded its storage facilities, railway infrastructures, power engin...
Ford UK has recently conducted research at London Gateway looking into how autonomous delivery can impact operations and workflow at ports. The trial is also set to demonstrate how freeports can become centres for innovation and collaboration. ...
PSA Mumbai has welcomed a new service operated by Samudera Shipping Line Ltd. after the M.V Sinar Sorong did its maiden call to the terminal on 29 November 2021. The Nhava Sheva Singapore Express (NSX) service aims to offer a direct and faster tra...
Hutchison Ports Port of Felixstowe has passed the 100 million TEU mark since it handled its first container in the 1960s. The 100th million TEU was loaded at Berth 8, the port’s newest facility and one of four berths at the UK’s largest container ...
PSA Corporation Ltd (PSA) and Ocean Network Express Pte. Ltd (ONE) have launched barge sailing from PSA Singapore to PSA Jurong Island Terminal on 24 November 2021. This barge service will be used to transport empty containers to PSA Jurong Island...
President Biden has insisted that the US is in “strong shape” entering the holiday season after claiming measures to ease congestion along the West Coast are proving successful. Several measures and initiatives have been implemented to help solve ...
Container lines saw significant increases in revenue in the third quarter leading to an operating profit of almost $80 billion for the year so far. Latest data from Sea-Intelligence noted that the shipping industry’s Q32021 financial performance m...
