
COSCO cashes $13.6 billion profit for 2022
COSCO Shipping Holdings has achieved more than $13 billion in profit in the first three quarters of 2022. Net profit, as reported by the Chinese shipping giant, came in at CNY97.2 billion ($13.6…
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COSCO Shipping Holdings has achieved more than $13 billion in profit in the first three quarters of 2022. Net profit, as reported by the Chinese shipping giant, came in at CNY97.2 billion ($13.6…

French LNG containment specialist GTT has signed a Technical Assistance and License Agreement with China Merchants Heavy Industries-Jiangsu (CMHI-Jiangsu), a subsidiary of China Merchants Industry…

Vostochnaya Stevedoring Company (VSC) has received ten Kalmar terminal tractors and ten Seacom semitrailers. The equipment was moved from the Group’s North West terminal to enhance VSC operational…

The Port of Los Angeles has witnessed an increase in emissions from port-related sources in 2021, according to its latest Inventory of Air Emissions. The port authority explained that 2021 results…

Nippon Yusen Kabushiki Kaisha (NYK) and NYK Bulk & Projects Carriers Ltd., an NYK Group company, will integrate Veson IMOS Platform (IMOS) into their core system and deploy it as a platform for their…

The European Commission (EC) is mulling a review to the Consortia Block Exemption Regulation (CBER) regulating vessel sharing, a move that has prompted furious reactions across carriers and shippers…

Maersk Performance Team has deployed its first Class 8 battery-electric trucks from Volvo Trucks North America in Southern California. The Volvo VNR Electric trucks are designed to handle local and…

Global schedule reliability continues its upward trend, according to the latest analysis from Sea-Intelligence. In its latest Global Liner Performance (GLP), Sea-Intelligence recorded the largest…

Mediterranean Shipping Company (MSC) has added Port Everglades to its Zephyr service. Port Everglades is now connected to the Far East with a direct ocean shipping service for the first time since…

The International Association of Ports & Harbors (IAPH) has published its summary report “Closing the Gaps – key actions in digitalisation, decarbonisation and resilience the maritime sector”. IAPH…