Maersk cuts thousands of jobs amid ‘subdued demand’
A.P. Moller – Maersk (Maersk) has enforced strict cost-cutting measures this year, reducing its workforce from 110,000 in early 2023 to about 103,500 to counter challenging market conditions. The…
Terminals, carriers, rates, regulations and the supply-chain stories that affect your day at the port.
A.P. Moller – Maersk (Maersk) has enforced strict cost-cutting measures this year, reducing its workforce from 110,000 in early 2023 to about 103,500 to counter challenging market conditions. The…

TMEIC Corporation Americas, a subsidiary of Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC), has announced the inauguration of its new offices of TMEIC Port Technologies, S.L.U…

The International Transport Intermediaries Club (ITIC), a maritime insurer, has warned ship management to be careful of the dangers and expenses associated with allegations of breach of contract. The…

PSA Singapore (PSA) and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MoU) to jointly develop sustainable solutions to cut carbon emissions and optimise maritime…

Fundación Valenciaport has begun to work on the METEOR project, an initiative that seeks to increase the safety of maritime transport, specifically of goods transported by container. METEOR, which…

Contecon Manzanillo S.A. (CMSA), a business subsidiary of International Container Terminal Services Inc. (ICTSI), is now part of Mediterranean Shipping Company’s (MSC) Santana service. MSC has picked…

Port Houston has seen a considerable rise in loaded exports via its Bayport and Barbours Cut Container Terminals. Port Houston’s loaded exports handled in September were reportedly the most in the…

Digital maritime platform RightShip has announced a new partnership with Porto de Santos to implement RightShip’s risk management solution for ports and terminals. This agreement will position Porto…

SEAFAR, a remote-control tech and service provider for unmanned and reduced crew shipping, is incorporating neXat, a satellite communication services platform, into its remote ship navigation solution…

Digital maritime platform RightShip has announced a new partnership with Porto de Santos to implement RightShip’s risk management solution for ports and terminals. This agreement will position Porto…