Water Levels on the Rhine Continue to Fall, Freight Costs Surge
Water levels on the River Rhine in Germany continue to drop under the current heatwave, leaving cargo vessels unable to sail fully laden and driving up freight costs.
26 Dockworkers Arrested in Panama on Drug Charges After Two-Year Investigation
26 Dockworkers Arrested in Panama on Drug Charges After Two-Year Investigation
Maersk Unveils Its First "Made in India" Container
Global shipping giant AP Moller–Maersk recently held a ceremony at the Maersk-CONCOR inland container depot in Dadri, Uttar Pradesh, to formally unveil its first Indian-manufactured EXIM container.
MSC to Acquire 49% Stake in Major Indian Port
Mediterranean Shipping Company, the world's largest container shipping line, is further deepening its bet on India's rapidly growing container market.
$400 Million! CMA CGM to Develop New Terminal
On June 29, Asyad Group signed a framework agreement with the CMA CGM Group to jointly develop, manage, and operate a new multipurpose logistics terminal in Sohar valued at $400 million.
America's Newest Terminal Suspended After Just Five Years of Operation
The Hugh K. Leatherman Terminal—the first newly built large container terminal in the United States in nearly 15 years, costing close to US$1 billion—is being suspended after barely five years in service.
AD Ports Group Acquires Absolute Controlling Stake in GFS
AD Ports Group has recently announced the acquisition of an additional 30% equity stake in Global Feeder Shipping for approximately US$300 million, raising its shareholding in this strategic asset from 51% to 81% .
Beibu Gulf Port Group Establishes Two New Companies
Beibu Gulf Port Group Establishes Two New Companies
"Qingdao Port-Rizhao Port-Central Asia" Cross-Border Logistics Corridor Opens
Through the continuous optimisation of the sea-rail intermodal system, the cross-border transport capacity of the Central Asia freight train service has been effectively enhanced.
Cold Chain Logistics Heats Up
Cold Chain Logistics Heats Up