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Last HERO begins journey to Europe

Norwegian shipping and logistic company Wallenius Wilhelmsen has revealed that the fourth HERO vessel started its journey towards Europe. The vessel named Nabucco is expected to reach Belgian port ...

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UK road freight prices rise more than one third in a year

New index indicates transport pricing is stabilising after record increases, but ‘will remain high for some time’ amid ‘unprecedented demand for freight transport drivers and fleet capacity’. ...

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Pressure on supply chains pushes up air cargo rates again in October

But demand shows no ‘end of year sprint’ yet, says industry analyst CLIVE Data Services. Shippers fearing a lack of peak season inventory saw air cargo rates soar again in October, despite no clea...

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Ports – the place where it all starts for offshore energy

Marcel Pater, Commercial Manager at North Sea Port, explains the role of ports for the development of offshore energy and the importance of appropriate infrastructure for successful energy transition ...

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DP World to invest up to $7.5 billion in Indonesian port facilities

Dubai-based port operator DP World has signed a strategic alliance agreement with the Indonesia Investment Authority (INA) to enhance Indonesia’s maritime and port sector within the global manufactu...

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LNG carriers drive Panama Canal’s growth in FY21

The Panama Canal closed its fiscal year 2021 with a record-breaking annual tonnage of 516.7 million Panama Canal tons (PC/UMS), coming in 8.7% higher compared to the 2020 fiscal year and 10% above ton...

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MOL inks transition loan for France’s 1st LNG bunker vessel

Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a transition-linked loan to finance “one of the world’s largest” liquefied natural gas (LNG) bunkering vessels and the ...

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Ocean carriers remain in pole position in rates negotiations

Market remains very challenging for shippers despite some signs of easing of growth – and even some falls – in ocean freight rates. Ocean carriers remain in pole position in negotiations for l...

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Pharma.Aero establishes advisory board

Board members appointed to help the non-profit organisation’s work to drive improvements in the Life Science and MedTech air cargo supply chain. Pharma.Aero, the non-profit organisation promoting...

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Amazon’s bottom line hit by surge in operating costs

E-commerce mastodon braced for 'several billion dollars' of additional expenses in Q4 including those related to freight and shipping. Amazon is bracing itself for “several billion dollars” of ...

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