News Flash

Visayas Container Terminal ushers in new era of efficiency

VCT’s mobile harbor cranes are now operational. At the ribbon cutting ceremony are (from left): Atty. Jay Daniel Santiago, Philippine...
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Shore power for sea-going vessels at APMT MVII from 2028: CO2 reduction of almost 7,000 tonnes annually

APM Terminals Maasvlakte II (APMT MVII) will equip its terminal with shore power from 2028. This is a significant step...
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UPS Bolsters Healthcare Logistics Capabilities with Cold-Chain Acquisitions

Once completed, the acquisition will enhance UPS’s end-to-end capabilities throughout Europe for UPS Healthcare customers who increasingly require temperature-sensitive and...
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Arkestro Earns Two Prestigious 2024 Future of Sourcing Awards

Arkestro's Predictive Procurement Orchestration (PPO) platform has earned two prestigious awards at the 2024 Future of Sourcing Awards by the...
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DHL Express introduces a new Label-Free Service for shipment returns

Online consumers have experienced the hassles with traditional returns – they either need to search for a printer to print...
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Maersk names latest vessel of its dual-fuel methanol fleet “Alexandra Mærsk” in Felixstowe

A.P. Moller - Maersk has celebrated the naming of its latest dual-fuel methanol container vessel “Alexandra Maersk”. UK’s Maritime Minister...
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EEX to launch new futures for dry and LNG freight markets

The European Energy Exchange (EEX) will introduce a new suite of freight futures and options contracts for the dry and...
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LOGISTICS GIANT DP WORLD TO BOOST UK TRADE WITH £1BN EXPANSION OF LONDON GATEWAY

Global logistics giant DP World has today announced a £1bn expansion of London Gateway to make it Britain’s largest container...
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Wärtsilä strengthens manufacturing partnership with RCT Power

Technology group Wärtsilä and global energy solutions provider RCT Power publicly announce their long-term partnership for the manufacturing of Wärtsilä's...
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Fincantieri releases new human rights policy

Fincantieri has released an updated version of its Human Rights Policy to enhance its commitment to protecting human rights and...
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Trade Conditions Deteriorate For Fourth Straight Month In September

The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade deteriorated again at...
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Asian spot LNG slips on tepid demand, ample supply

Asian spot liquefied natural gas (LNG) slightly slipped this week as demand remains tepid amid ample supplies. The average LNG...
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Wan Hai Lines Implements Biofuel Usage, Making a Significant Step Towards Carbon Reduction Goals

Wan Hai Lines is committed to environmental protection, has been upgrading vessel equipment in recent years to minimize the impact...
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India: Centre considers seed funding to establish a shipping insurance entity

With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying...
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Yemen’s Houthis to play bigger role in Middle East conflict?

In a recent speech, the leader of the Houthi rebel group in Yemen proudly announced his group’s tally over the...
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Italy’s Fratelli Cosulich diversifying bunker barge fleet amid multi-fuel future

Genoa-based Fratelli Cosulich is diversifying its bunker barge fleet to include methanol- and biofuel-ready vessels, and plans to expand its...
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Head of international shipping regulator says industry must do more to cut carbon pollution

For years, the international shipping industry has been criticized for making little progress in reducing the carbon-belching pollution released from...
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A close eye on Iranian oil flows to China amid heightened geopolitical risks

China’s seaborne crude imports fell from August’s year-to-date high to 9.7 mbd in September, as refiners turned to onshore crude...
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US expands sanctions to Iran’s ‘ghost fleet’ of oil tankers

The United States expanded sanctions against Iran’s petroleum and petrochemical sectors on Friday in response to an Iranian missile attack...
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Asia-US container rates fall further; trend expected to continue post-ILA strike

Rates for shipping containers from east Asia and China to the US continued to fall after a lengthy strike was...
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