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DSME wins $260 million order for 3 VLCCs from ADNOC

Abu Dhabi National Oil Company (ADNOC) has placed an order for three very large crude carriers (VLCCs) with South Korean shipbuilder Daewoo Shipbuilding & Marine E...

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EU Commission: No more tax exemptions for Italian ports

The European Commission has requested from Italy to abolish the corporate tax exemptions granted to its ports, in order to align its tax regime with EU State aid rules. As explaine...

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Flexport appoints Florian Braun head of ocean for EMEA

Florian Braun joins from DB Schenker where he was responsible for the company’s digital ocean strategy. He replaces Martin Holst-Mikkelsen, who becomes Flexport’s head of ocean for Asia. US fre...

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1,816 containers confirmed lost in ONE Apus incident

Contents of the estimated 64 DG containers among them revealed, with 54 containing fireworks, eight holding batteries, and two containing liquid ethanol. The owner and ship manager of the One Netwo...

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Cargo owners bearing the costs of current container congestion

While shippers blame the ‘unwarranted power to the big three shipping alliances’, Drewry highlights multiple factors, including tight capacity management by carriers, unexpected demand, cost manag...

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Container logistics AI solution raises almost US$1 million in funding

eYARD, an Artificial Intelligence (AI) solution for container terminal operators, has raised €800,000 (US$970,000) in a new round of financing, which has been led by Madrid-based Mundi Ventures VC, ...

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Seafrigo consolidates its presence in Le Havre

The Seafrigo group is strengthening its presence in the Port of Le Havre area by setting up a facility located at the Seafrigo Logistics Park. The logistics facility near Le Havre’s Red Bridge w...

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Wan Hai adjusts S. American service as exotic fruits fuel reefer demand

Tapping into the South American fruit harvest season, Wan Hai Lines has adjusted its Asia-South America (ASA) service to include a call at Peru’s Paitas port. The Taiwanese liner operator, known ...

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