Lagos gets another port
Nigerian maritime and logistics company Nigerdock has completed an agreement with the Nigerian Ports Authority (NPA) for the commencement of operations of Snake Island Port, an 85-hectare, multipurpose port facility comprising three terminals located within the Snake Island Integrated Free Zone. The concession is for a period of 45 years with an optional extension. Nigerdock’s […]
Enron ‘comeback’ stirs industry interest
The Houston oil community reacted with shock yesterday when backers of a new Enron launched a website and splashed their return across social media. The relaunch of the infamous company which went bankrupt in December 2001 did have a catch attached to it. Eagle-eyed readers of the ‘Terms of Use and Conditions of Sale’ part […]
Ukraine focuses on container shipments as potential war negotiations could boost trade growth
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Castor takes a loss on boxship sale
Cyprus-based shipowner Castor Maritime will sell one of its three containerships, taking a loss of about $3.3m. The Petros Panagiotidis-led company has struck a $16.5m deal with an unaffiliated third party for the 2005-built 2,700 teu Ariana A. The company picked up the German-built boxship, estimated by VesselsValue at $17.25m, in a family-related deal from […]
Economou outfit returns to container market, with reported ZIM charter
George Economou’s TMS Dry is reportedly behind orders for four 7,900 TEU ships at HJ Shipbuilding & Construction, and the vessels are said to be for long-term charter to ZIM Line. The newbuilding order, announced by the shipbuilder on 25 November, marks the Greek shipping magnate’s return to the container sector, after TMS Dry sold […]
Shipping demonstrates resilience amidst Red Sea crisis, yet challenges loom ahead
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What Is the Role of Sustainability in Modern Shipping Models?
The shipping industry plays a key role in global trade. With increasing focus on sustainability, companies are now prioritizing eco-friendly models to meet demands for greener practices. How do green technologies reshape logistics? Can innovative solutions reduce environmental impact while staying efficient? These questions push the sector toward more responsible operations. This article explores modern […]
Kitting Process: How to Efficiently Improve Order Accuracy
The kitting process in warehouse operations offers a transformative approach to improving order accuracy and streamlining the fulfillment cycle. By pre-assembling individual items into ready-to-ship kits before orders are placed, businesses can significantly enhance the efficiency of their supply chain. The kitting process not only simplifies the picking and packing stages but also reduces the […]
Japan-US container exports rise in October
Japan’s container exports to the United States reached 58,333 TEUs in October, marking a 7.1% year-on-year increase, according to Descartes Datamyne. Monthly exports remained above 50,000 TEUs from January through August, dipped below this threshold in September, and rebounded in October. Direct shipments from Japan to the US surged by 19.7% to 43,375 TEUs, while […]
Crane Worldwide Logistics expands warehouse capacity in UK
Crane Worldwide Logistics UK has announced an expansion of its warehouse capacity in the Midlands, driven by strategic growth in contract logistics services. The company has secured an additional facility to accommodate increasing demand. Located in Wellesbourne near Birmingham Airport, the company’s multi-user facility provides pick, pack, and ship services. The warehouse also offers a […]