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USPA Takes Next Step in Azov Sea Ports Development Plan
The Ukrainian Sea Ports Authority has taken the next step in its development plans for the ports of Mariupol and Berdiansk in the…
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Moody’s Reaffirms Panama Canal’s A2 Long-Term Rating
The Panama Canal Authority’s (ACP) A2 long-term rating has been reaffirmed with a stable outlook, according to ratings agency Moody’s. zoomImage…
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DSME Tied to Another LNG Carrier Order
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has reportedly secured another contract to construct a liquefied natural gas (LNG) carrier.…
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Greek Port to Open the Region’s First Shore Power Facility
Greece is scheduled to inaugurate the first shore-to-ship electrical supply connection in Eastern Mediterranean on December 20, 2018. The inauguration…
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Air freight growth of 3.7% forecast for 2019
Average global yield increase set to drop to around 2% next year, well below the ‘exceptional’ 10% average price increase…
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Volga-Dnepr becomes strategic partner of Cainiao
Alibaba logistics subsidiary signs MoU with Russian group to ‘beef up’ the air freight capability of its ‘global smart logistics…
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Welsh logistics boost as Severn bridge tolls axed from today
Removal of fees follows years of pressure from FTA and is expected to deliver £1bn of economic benefit over the…
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East-West ocean freight contract rates down 7% in Q4
Moderate fall in Asia-Europe prices drove this decline, Drewry notes, while some secondary and north-south routes face double-digit increases when…
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XPO dismisses ‘inaccurate’ and ‘misleading’ report on group’s financial performance
Transportation and logistics group’s share price has been under pressure this week following an earnings warning on Tuesday. XPO Logistics…
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ECSA supports the updated ship recycling list
On 30th November 2018, the European Commission adopted a new Decision amending Implementing Decision (EU) 2016/2323 to update the European…
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