Eastern Mediterranean ports proceed with significant investments
In 2024, the Eastern Mediterranean region, a crucial hub for maritime trade, has witnessed significant investment and expansion across its major ports. 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 If you liked this post, please consider donating5€10€20€50€ The […]
CCM rolls out 12,000th refurbished chassis to South Atlantic Chassis Pool
Consolidated Chassis Management (CCM) announced the early delivery of its 12,000th refurbished chassis to the South Atlantic Chassis Pool (SACP). This event marks a significant step in the initial phase of chassis modernization in the region, with plans to completely upgrade the nearly 45,000-unit fleet by the end of 2027. Paul Nazzaro, CEO of CCM, […]
Carrix adopts Nokia’s private wireless solution across US box terminals
Carrix, an independent marine terminal and rail yard operator, is partnering with Nokia to introduce Nokia DAC, a private wireless solution, into its operations at several marine terminals in the United States, including in Jacksonville, Florida; Long Beach, California; Oakland, California; and Seattle, Washington. Founded in 1949, Carrix operates more than 250 terminal facilities and […]
AD Ports set to receive advanced cranes for new Safaga terminal in Egypt
AD Ports Group is ready to receive three new state-of-the-art Panamax cranes from Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC). These cranes are earmarked for the Group’s new multipurpose cargo terminal in Safaga, Egypt, anticipated to commence operations in the second half of 2026. AD Ports Group is allocating AE$193 million (US$52 million) to acquire […]
Monthly Stock Performance Highlights
Monthly stock performance in the maritime industry has shown significant fluctuations over the past month, reflecting the shifting dynamics of global trade, freight demand, and investor sentiment. Market volatility continues to influence stock performance, with some companies benefiting from rising freight rates, while others face external challenges like supply chain disruptions and economic uncertainties. Strong […]
Sedna buys workflow automation platform Flytta
UK-based technology firm Sedna has acquired Flytta, an AI-powered workflow automation platform for global trade and supply chains for an undisclosed sum. Flytta originated as an in-house solution at Casper Shipping, designed to streamline internal operations before being further refined and commercialised by Seer. Flytta’s Customs Import and Export Automation workflow is now part of […]
Maersk christens dual-fuel methanol ship, announces India investment plans
Danish ocean carrier Maersk named its newest dual-fuel methanol container vessel in Mumbai, India on 28 February. The vessel, named Albert Maersk, is the eleventh ship in Maersk’s fleet capable of operating on methanol. Albert Maersk is part of a series of 18 large dual-fuel methanol vessels scheduled for delivery in 2024 and 2025. Built […]
DP World’s Modal Shift Programme moves 100,000 containers
DP World has recorded the 100,000th container moved by rail from its Southampton logistics hub as part of its carbon emission reducing Modal Shift Programme trial. “The share of rail freight for onward journeys by containers arriving by sea at DP World Southampton has risen from 21% at the start of the programme to more […]
Port of Oakland presents 5-year strategic plan
Port of Oakland leaders presented their strategic objectives for the upcoming five years. The annual ‘State of the Port’ event, sponsored by the Pacific Merchant Shipping Association and Women in Logistics, which was fully booked and also streamed live, took place at Scott’s Pavilion in Oakland’s Jack London Square on 26 February. Port of Oakland […]
Port of Liverpool unveils new deep water bulk berth
The Port of Liverpool has inaugurated a new deep water bulk berth, marking a significant enhancement to its cargo handling capabilities. This is the first deep water bulk berth to open at the UK port in four decades, located within Peel Ports Group’s Alexandra Complex. The development, which represents a £2 million (US$2.5 million) investment […]