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Weak demand forces box carriers to lower rates

The normal general rate increases one would expect at the front end of the month had been replaced with rate decreases. Container shipping lines have moved to slash spot rates to compensate...

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US importers set for ‘dramatic impact’ from new China tariffs

New analysis from freight forwarder Flexport indicates that businesses which ‘survived’ the duty increases in 2018 have not escaped the worst of the dispute. As trade tensions continue ...

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ONE releases 2019 Sustainability Report

Ocean Network Express (“ONE”) announced the release of ‘ONE Sustainability Report 2019’. This is ONE’s second annual sustainability report, and the first, im...

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Piraeus Port unveils half-year financial results

The BoD of PPA S.A. approved the financial statements for the first semester of 2019. The basic figures are the following:

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Air Canada Cargo foray into drone delivery yields first customer

Carrier and partner Drone Delivery Canada sign commercial agreement with Canadian manufacturing company. Air Canada Cargo's foray into drone delivery has yielded its first customer. Leia mais »

16 English ports granted £10 million to prepare for Brexit

Funding is part of £30 million government scheme to bolster country's maritime gateways and ensure they continue to operate efficiently after UK leaves the EU. 16 ports across England will...

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Transpacific ocean rates remain ‘at mercy of trade tariff war’

But post-Golden Week increases and strong, late peak could shore up prices, says leading digital rates specialist. Transpacific ocean rates remain at the mercy of the trade tariff war betwe...

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Rosneft Starts Low-Sulphur Fuel Bunkering in Russia’s Far East

RN-Bunker LLC, a subsidiary of Russia’s petroleum company Rosneft, has launched bunkering operations with RMLS 40 in the country’s Far East.
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HMM, DSME Team Up on Smart Ship Development

South Korea’s container shipping major Hyundai Merchant Marine and Daewoo Shipbuilding and Marine Engineering have joined forces on the research, development and innovation in the fi...

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