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Shipping Aug, 07, 2024 0

Effects of AFRMM on the Brazilian naval industry development

Like many other vital sectors, the shipbuilding industry depends on ongoing initiatives to ensure continuous development. These initiatives include new investments, technological advancements, and fleet modernization, which are crucial for…
Shipping Aug, 07, 2024 0

Wilson Sons named one of the most innovative companies in Brazil, according to a PwC survey

Wilson Sons, a leader in port and maritime logistics in Brazil, was recognized, for the second year running, as one of Brazil’s most innovative companies. According to the Valor Inovação…
Shipping Aug, 02, 2024 0

Maersk announces preliminary Q2 revenue of US$12.8 billion

Based on preliminary figures, AP Moller – Maersk reports an unaudited revenue of US$12.8 billion, underlying EBITDA of US$2.1 billion and underlying EBIT of US$756 million (reported EBIT of US$963…
Shipping Aug, 02, 2024 0

Panama Canal Announces New Long-Term Slot Allocation Method for Neopanamax Vessels

The Panama Canal announced today, through an Advisory to Shipping, the introduction of a Long-Term Slot Allocation (LoTSA) Method for Neopanamax vessels, as part of the Transit Booking System, to increase…
Other Logistics Aug, 01, 2024 0

Tietê-Paraná waterway sees 5.8% surge in cargo transport amid infrastructure upgrades

A half-yearly report developed by the Waterway Department of the Secretariat of Environment, Infrastructure, and Logistics (DH-Semil) indicated an increase in the volume of cargo transported on the Tietê-Paraná Waterway…
Shipping Jul, 31, 2024 0

Hapag-Lloyd appoints former MSC Executive as CFO of its Terminal and Infrastructure division

Camillo Fontana will become Chief Financial Officer (CFO) of Hanseatic Global Terminals (HGT) effective 1 August 2024. Hapag-Lloyd’s Terminal and Infrastructure division Hanseatic Global Terminals involves stakes in 20 container…
Other Logistics Jul, 31, 2024 0

Minister signs cooperation agreement for concessions on Tocantins and Tapajós rivers

The Minister of Ports and Airports, Silvio Costa Filho, signed a Technical Cooperation Agreement (ACT) on Tuesday (30), allowing concession studies for the waterways of the Tocantins and Tapajós rivers.…
Ports and Terminals Jul, 30, 2024 0

366-meter supership docks in Suape for the first time

The Port of Suape has set another historic record with the arrival of the MSC Orion, a New Panamax container ship measuring 366 meters long, 51 meters wide, and 16…
Shipping Jul, 26, 2024 0

CMA CGM experiences 50% profit drop in Q2 2024

French shipping company CMA CGM Group reported a massive loss of over 50% in its second-quarter profits. The box carrier achieved a net income of US$661 million in 2024 Q2,…
Shipping Jul, 26, 2024 0

Hapag-Lloyd Announces General Rate Increase Effective September 1

Effective September 1, 2024, a General Rate Increase (GRI) will be implemented for cargo transported in Dry and Reefer containers from Latin America East Coast ports to North America, Central…