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Shipping Mar, 31, 2023 0

Forwarders raked in record revenues in 2022 despite H2 demand collapse

A challenging demand environment in the latter months of 2022 did little to dent the fortunes of the world’s largest global third-party logistics providers (3PLs), which increased their combined revenue…
Shipping Mar, 31, 2023 0

Cosco reports $19 billion profit for 2022, but outlook darkens

Cosco Shipping Holdings on Friday (March 31) reported a record annual result for 2022, posting net profit of $19 billion as declining volumes across its trade lanes was offset by…
Antaq
Shipping Mar, 29, 2023 0

Brazil’s Antaq awaits decision on court-order debt in grant contracts for the infrastructure sector

The director of Brazil’s national waterway agency Antaq, Eduardo Nery, said on Tuesday, March 28, that it matters little to them whether the government will accept to receive court-order debt…
Other Logistics Mar, 28, 2023 0

Normalization of supply chain conditions to continue in Q2 2023

Normalization of supply chain conditions to continue in Q2 2023 according to S&P Global Market Intelligence analysis. Chris Rog-ers, Head of Supply Chain Research at S&P Global Market Intelligence said,…
X-press Kohima
Economy Mar, 27, 2023 0

Liner profits smash all records

The earnings before interest and taxes (EBIT) liner shipping has made in the past three years are more than the combined profits of the previous 63-year history of container shipping,…
Shipping Mar, 27, 2023 0

CMA CGM dominating the container charter scene this year

While Mediterranean Shipping Co (MSC) continues to dominate the container sale and purchase scene, it is Marseille’s CMA CGM which is topping the liner chartering tables this year. More than…
Ports and Terminals Mar, 22, 2023 0

Dozens injured after ship topples over in Scotland

A large ship toppled over in a port in Edinburgh, Scotland, this Wednesday (22). According to the Scottish emergency service, dozens of people were injured in the incident. Authorities had…
Shipping Mar, 21, 2023 0

Brazil’s HSBA receives brand new pusher tugs

Hidrovias do Brasil (HBSA) recently received new pusher tugs, two state-of-the-art vessels that will bring more efficiency and safety to the company’s operations. The vessels, called HB Dourada and HB…
Shipping Mar, 21, 2023 0

Maersk launches API-integrated reefer solution with shareable datalog

Moving perishable goods around the world is a challenging task, especially when it comes to cargo like fruits, meat and medicine that are sensitive to fluctuating conditions in transit. To…
Shipping Mar, 20, 2023 0

Hapag-Lloyd increases freight rates from Asia to Latin America

Hapag-Lloyd announced a new General Rate Increase (GRI) from Asia to the West Coast of Latin America, Mexico, Caribbean and Central America. The German carrier said that for cargo transported…