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UK export orders plummet

Quarterly International Trade Outlook by DHL and BCC highlights a sharp drop in sales and orders among British manufacturing firms in Q3, compared with the previous quarter and 2018, as Brexit uncerta...

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Reducing Ship Speeds Has Multiple Benefits, New Study Shows

Slower ship speeds would massively reduce the damage shipping is causing to human health, nature and the climate, a new report published by Seas at Risk and Transport & Environment...

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EIB Provides USD 155 Mn for Port of Piraeus Expansion

The European Investment Bank (EIB) has formally agreed to provide EUR 140 million (USD 154.5 million) to support expansion and upgrade of the Port of Piraeus.
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MPC Capital Takes Stake in Tanker Specialist Albis

Hamburg-based asset and investment manager MPC Capital has acquired a strategic stake of 50 percent in compatriot tanker chartering company Albis Shipping & Transport. ...

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Euronav Signs LSFO Deal with Malaysian Port of Linggi

Belgian tanker operator Euronav has signed a service agreement under which Malaysia’s Linggi Port will become its low-sulphur marine fuel supply base.

TORM to Equip Ten More Ships with Scrubbers

Danish tanker shipping company TORM would fit ten more vessels with scrubbers, bringing the total number of planned scrubber installations to 44.
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Four Japanese Companies Partner Up on FPSO Charter Project

Mitsui & Co., Mitsui O.S.K. Lines (MOL), and Marubeni Corporation are to invest in a long-term charter business currently promoted by Modec for the purpose of providing a floating ...

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Liège bucks air cargo trend with record month

Airport’s October record reflects combination of higher load factors, extra scheduled and charter flights, and ‘some first glimpses of an emerging peak’, following year-to-date growth of 3%. ...

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Alibaba invests further US$3.3bn in Cainiao logistics arm

Chinese e-commerce giant announces new RMB23.3bn investment in Cainiao Smart Logistics Network, increasing its equity stake in the company from 51% to around 63% as the firm’s global expansion conti...

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Just three days until Global Freight Awards 2019

Clock is ticking as freight sector’s premier event in London approaches, this year hosted by multi-award-winning comedian and actor Tom Allen – as well as the afternoon’s Ending Misdeclared Carg...

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