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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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FIATA critical of detention and demurrage process

Global federation says the freight forwarding industry usually has data on containers available well in advance of vessel arrival and would be prepared to share this data with container terminals to h...

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COSCO Shipping Ports’ Volumes Rise, Profit Down

Hong Kong-based ports operator COSCO Shipping Ports reported a growth in its total throughput for the quarter ended September 30, 2019, supported by shipping alliances. Leia mais »

Fincantieri Refutes Rumors Linked to Chantiers Deal

Italian shipbuilder Fincantieri has denied reports that EU antitrust authorities would commence a further in-depth analysis of the proposed acquisition of French rival Chantiers de l...

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Spot rates for ex-China containers rise on many routes

Outbound container movement from China remained on a recovery track in the week of Oct. 14, having been massive since the National Day holiday. Freight rates increased on man...

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New sugar terminal opened at Port of Gdansk

KSC S.A. invested over PLN 100 mio. to develop the Sugar Terminal, the silo and quay infrastructure. This move will help the Company reach new markets in Asia and Africa....

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