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Cosco Shipping Q3 profit down

COSCO Shipping International’s third-quarter net profit fell 91 per cent year on year to S$2.12 million as the corresponding quarter a year ago was boosted by a profit from...

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ICTSI Looking to Invest in Two Philippine Ports

International Container Terminal Services, Inc. (ICTSI) has submitted a proposal to the Philippine Ports Authority (PPA) to develop two ports in Iloilo, an investment estimated to cos...

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Atlantska Plovidba Buys Second-Hand Panamax

Croatian shipping company Atlantska Plovidba has acquired the 2008-built Panamax bulker M/B Pelagos for USD 11.95 million.
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HHLA Aims to Be Gateway to the Future

German terminal operator Hamburger Hafen und Logistik AG (HHLA) aims to be a gateway to the future, enabling containerships, trains but also data flow through the company’s terminals...

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QTerminals Marks New Container, Cargo Handling Milestones

Terminal operating company QTerminals has reached major milestones by handling two million TEU and five million tonnes of general cargo by the end of October 2018, three times more co...

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US shippers step up imports from China ahead of trade tariff hikes

Lines benefitting from buoyant Transpacific freight rates. US container imports remain at unseasonably high levels ahead of tariff hikes in January 2019  keeping freight rates buoyant and causing ...

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Brexit uncertainty limits DFDS’ freight growth

Volumes in Q3 were ‘below expectations’ as UK activity slowed and Europe-Turkey trading was impacted by depreciation of Turkish Lira. Increasing uncertainty related to Brexit has restri...

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Geodis launches digital freight marketplace

‘Upply’ platform has been set up as a neutral supply chain service provider, open to the market in general, including competitors. Geodis has announced the launch of its multimodal digi...

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