Bermuda-registered, Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has terminated its relationship with Capesize Chartering Ltd. (CCL), a joint venture to coordinate the Cape...
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CK Hutchison buys Swire’s 50 pct stake in Hongkong United Dockyards
Hong Kong-based conglomerate CK Hutchison Group has entered into a binding agreement with holding company Swire Pacific Limited to acquire 50% interest in Hongkong United Dockyards Limited (HUD) from ...
Leia mais »NYK-chartered ship splits in two after grounding off Japan
After running aground off Hachinohe Port, Japan, on 11 August 2021, the Panama-flagged bulk carrier split in two today. The ship in question is the 2008-built Crimson Polaris, a wood chip carrier c...
Leia mais »Amazon to develop new US e-commerce air hub at Newark Airport
E-commerce giant expected to transform two existing structures into a new state-of-the-art air cargo campus with a targeted investment of $125m for renovation. The Port Authority of New York and Ne...
Leia mais »Air freight rates on rise again after early-summer cooling
Feared 'freight cliff' from a goods-to-services rotation is 'nowhere in sight,' according to leading analyst.
Cargo-partner group expands Australian network
The acquisition of ACF is another step in cargo-partner’s plan to grown its e-commerce logistics business. Austrian-based cargo-partner group has expanded its network in Australia with the acquis...
Leia mais »Port of Tianjin to build world’s first zero-emission terminal
U.S. company files suit against global liners over alleged exploitation
U.S.-based furniture company MCS Industries has lodged a complaint with the Federal Maritime Commission (FMC) against global container lines for violating their contractual obligations. The company...
Leia mais »Maersk ups 2021 profit expectations, reports Q2 record results
Danish shipping and logistics giant A.P. Moller – Maersk has upgraded its 2021 full-year guidance reporting strong performance in Q2 2021. The company reported continues to report strong quarterl...
Leia mais »Bloom Energy wins AiP for engineless, fuel cell-powered ship design
U.S.-based manufacturer of solid oxide fuel cells Bloom Energy has secured approval in principle (AiP) from the classification society DNV for engineless, fuel cell-powered LNG carrier design. The...
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