Monthly Archives

Due to the coronavirus outbreak the Intermodal Asia conference in Shanghai will now take place in July.  Informa Markets, the organisers of Intermodal Asia, together with key sponsors CIMC and the China Container Industry Association (CCIA), have announced the event will now be held at the SWECC in Shanghai on 14 – 16 July.   […]

Port operator announces its intention to delist on the basis that its “strategy is not fully appreciated by the equity markets.” Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer of DP World.   DP World’s parent company Port and Free Zone World has made an offer to acquire the 19.55% of DP World’s […]

Dubai-based port and terminal operator DP World has agreed to acquire a majority stake of 51 percent in TIS Container Terminal in the Port of Yuzhny, Ukraine. By becoming part of DP World’s global network of ports, TIS Container Terminal is expected to strengthen its position in Ukraine — the country in which the container […]

Shipping giants Maersk and Mediterranean Shipping Company (MSC), which together form the 2M Alliance, have found a new South Korean partner on the Transpacific trade as their cooperation with Hyundai Merchant Marine (HMM) expires.  As informed, the 2M carriers entered into a new cooperation agreement with SM Line, beginning on April 1, 2020. According to MSC, […]

Asian shipping giants COSCO Shipping Lines, Orient Overseas Container Line (OOCL), Ocean Network Express (ONE) and Yang Ming are to launch a new weekly Transatlantic service, the new East Mediterranean – America service (EMA). As informed, the first voyage is scheduled for April 2020, subject to FMC filing. To be jointly operated by the four […]

Danish container shipping giant Maersk Line is partnering with Portrix Logistic Software GmbH (PLS), part of Hamburg-based IT solutions provider Portrix Group, to integrate spot pricing into PLS’ Global Price Management (GPM) software solution. GPM, launched by PLS in 2010, is used by the freight forwarding industry, with twelve of the top twenty global freight […]

The Port of Cape Town has loaded a container ship with more reefer boxes than the ship has reefer plugs. Last week Transnet SOC Ltd, the parent company of Transnet Port Terminals, tweeted that the Cape Town Container Terminal had broken an all time record by loading “1665 refrigerated containers of South African fruit destined […]

The Nigerian Ports Authority has introduced emergency measures to tackle mounting congestion at the ports of Apapa and Tin Can Island in the Nigerian economic capital Lagos The Nigerian Ports Authority (NPA) has introduced emergency measures to tackle mounting congestion at the ports of Apapa and Tin Can Island in the Nigerian economic capital Lagos. […]