Logistical consequences of strikes in American ports: Expert commentary
The strike, which began on 1 October, affected 36 American ports on the East Coast and in the Gulf of Mexico, stretching from Maine to Texas. This protest will undoubtedly impact global supply chains. These terminals play a significant role in international trade, serving as key hubs for the transportation of goods to and from […]
Maersk nears ‘Equal At Sea’ 2027 Goal in India
A.P. Moller-Maersk has announced a major milestone in its ‘Equal At Sea’ initiative in India. In 2024, women now make up 45% of the Nautical and Engineering cadets onboarded, bringing the company closer to its goal of equal gender representation among cadet intakes by 2027. Launched in 2022, the ‘Equal At Sea’ initiative is now […]
Kales expands in Turkey with acquisition of ACT
GSSA Kales Group has acquired Turkey-based ACT Global as part of efforts to expand its presence in the country. Kales said that the acquisition of ACT comes as demand out of the country is on the rise and added that the move will also support a wider global expansion. The company provides cargo solutions to […]
DHL Express links Hong Kong and Jakarta
DHL Express is introducing new freighter flights between Hong Kong and Jakarta to cater for growing demand. The service will be operated by a 20-tonne capacity Boeing 737-800 freighter four times a week. The direct flight will also help speed up the delivery of goods. The service will transport shipments – such as e-commerce – […]
Wilhelmsen Ship Management announces CEO transition
Wilhelmsen Ship Management has announced the retirement of Carl Schou, who steps down after 19 years with the company, including 16 years as CEO. Throughout his leadership, Schou successfully guided the company through industry challenges, driving a culture of safety, innovation, and growth. Effective 1 January 2025, Haakon Lenz, the current Chief Operating Officer, will […]
Transhipment flow at India’s Vizhinjam Port rockets ahead of official terminal opening
The Adani Group seems poised to replay its tested business magic at Vizhinjam Port, a project designed to realise India’s long-time container hub activity ambitions. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have an account? Register Jenny Daniel Global Correspondent […]
DP World expands Marine Services fleet with two new boxships
DP World has expanded its Marine Services fleet with the addition of two newly built vessels, Navios Utmost and Navios Unite. These vessels were officially named during a ceremony at the Changhong shipyard in Zhoushan, China. “Investing in these state-of-the-art vessels underlines DP World’s unwavering commitment to driving sustainability and operational efficiency across the global […]
Deutsche Bahn approves sale of DB Schenker to DSV
Deutsche Bahn has approved the sale of its freight forwarding business DB Schenker to transport and logistics group and fellow forwarder DSV. Denmark-based DSV confirmed last month that it had agreed to buy Germany headquartered DB Schenker from state-owned railway firm Deutsch Bahn for €14.3bn, but the transaction process hasn’t since been made easy with […]
Red Sea crisis could lead to overcapacity in Egyptian ports
With many container terminals opening in Egypt in recent years, there could be overcapacity if the Red Sea crisis continues and mainline operators shy away from the Suez Canal, according to Alphaliner’s report. In 2023, Egyptian container ports processed around 8.37 million TEUs, of which 88% passed through Alexandria, El Dekheila, Damietta and Port Said. […]
Biden tells USMX to settle US East Coast dispute
President Biden has urged port employers on the US East Coast to offer dockers a fair wage as the country braces for a damaging strike, while the union and employers trade accusations of failing to negotiate. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? […]