Asyaport becomes first Turkish port to offer shore power to boxships
Asyaport is the first port in Türkiye to offer shore power to container vessels, which is an important milestone for decarbonizing maritime logistics in the country. Türkiye’s largest container terminal Asyaport is advancing its commitment to decarbonizing supply chains with its latest installation of Onshore Power Supply (OPS). This new system will provide electricity to berthed […]
Iberian ports gain momentum, while Low Countries face challenges amid Red Sea disruptions
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Vanderlande acquires Siemens Logistics
Dutch logistics equipment company Vanderlande has signed an agreement to acquire Siemens Logistics from German technology company Siemens. Vanderlande’s acquisition of Siemens Logistics, which provides baggage and cargo handling as well as digital solutions for the airport operation of the future, is anticipated to strengthen its position within the wider logistics market. “The proposed transaction […]
LATAM and Delta expand partnership on pharma transport
LATAM Cargo and Delta Cargo are ramping up their partnership on pharma transport with the addition of new stations to the network. The two companies are working together to integrate their pharma networks as part of a wider joining venture between the carriers and have recently added more pharma stations to the partnership. LATAM has […]
Teekay Corp’s tankers unit to take over management business
Teekay Corp is transferring its Australian management operations and all other management services companies to its tankers business. The transaction, likely to close by the end of this year, will see Teekay tankers take over shipmanagement companies in Australia for $65m in cash and the remaining management units at their net working capital value. Teekay […]
LNG spot rates nosedive below breakeven
The LNG shipping markets have gone eerily quiet with many now ships operating at below breakeven levels on the spot trades with time charter prices also seriously eroding. Describing the sector as “under significant pressure”, analysts at Jefferies note two-stroke LNG carrier spot rates are assessed at $31,000 a day, while TFDE LNG carrier rates […]
Sri Lanka vows to reopen X-Press Pearl investigations
Sri Lanka will reopen investigations into the X-Press Pearl disaster and seek multi-billion dollar pay-outs from insurers as clean-up operations from the accident continue three-and-a-half years after the event that led to the island’s worst environmental catastrophe. The Singapore-flagged 2,700 teu containership suffered a fire in May 2021, spilling tonnes of hazardous substances such as […]
Maritime CEO Forum Monaco: How global dry bulk trading patterns are evolving
As is traditional at all Maritime CEO Forums the real fireworks in terms of debate from last week’s gathering at the Monaco Yacht Club were left for the graveyard shift at the end of proceedings, namely the dry bulk session moderated with great energy as ever by Tim Huxley, the CEO of Mandarin Shipping who […]
Electric vehicles to take centre stage at Geneva Dry 2025
EVs and the supercharging of dry bulk forms one of the new exciting sessions at next year’s Geneva Dry with organisers today able to highlight some of the high-level speakers who will take to the stage to discuss how electric vehicles are changing seaborne trading patterns dramatically. Among confirmed speakers for this new session at […]
Aidrivers and Rocsys forge partnership to advance port decarbonization efforts
Transportation service provider Aidrivers unveils a strategic partnership with Rocsys, an automated charging solution provider for electric vehicles. This partnership combines Rocsys’ cutting-edge robotic charging technology with Aidrivers’ autonomous digital platforms, ensuring compatibility and streamlined, fully autonomous charging operations for electric terminal tractors (TTs). This initiative bolsters the transition to sustainable, emission-free port operations, enhancing […]