CLdN launches new weekly service between Belgium and Irish ports
CLdN has announced the launch of a new weekly container service connecting Zeebrugge with the Irish ports of Cork and Dublin. The new service is set to commence on May 10. The company will deploy an 800 TEU lift-on/lift-off (LoLo) vessel, the JSP Rover, to operate between its Albert II terminal in Zeebrugge and the […]
AI Capital Funds Is the New Owner of TweetEraser
As of April 9, 2025 AI Capital Funds owns TweetEraser. The technology-first private equity firm acquired the site as part of its expansion into privacy software. Tweet Eraser is a popular web-based platform used for deleting posts from X (previously known as Twitter). Keep reading to learn more about AI Capital Funds, TweetEraser, and what […]
Recession looms as tariffs turn trade upside down
Tariffs are driving global markets into recession, succumbing to the inevitable supply and demand imbalance as carrier capacity rises and demand diminishes. Shipping lines are struggling to maintain a balanced trade, having already withdrawn some 434,000 TEUs of Pacific capacity in week 16, with more cuts to come on 1 May, according to Hong Kong […]
Hapag-Lloyd to pay €8.20 dividend per share
Hapag-Lloyd’s shareholders approved the payment of a dividend of €8.2 per share in the Annual General Meeting. “Despite the challenging market environment, we can look back on a very successful 2024,” stated Rolf Habben Jansen, CEO of Hapag-Lloyd. He continued: “Thanks to the strong demand for container transports and higher spot freight rates, we achieved […]
PD Ports planning development of $260m UK offshore wind hub
PD Ports has revealed plans to build one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway – an investment worth around £200m ($267m). The project will unlock just shy of 730,000 sq m of development potential for a range of offshore manufacturers, assembly, marshalling, and supply chain support […]
SC Ports sees container volume growth for second consecutive month
South Carolina Ports (SC Ports) handled 240,857 TEUs in March, representing an 11% growth over the same month last year. This is the second consecutive month of stronger container volumes, according to the SC Ports announcement. Rail-served Inland Ports in Greer and Dillon also performed well last month. Inland Port Greer handled 19,291 rail moves, […]
Port of Klaipeda sets new container throughput record in Q1
Lithuania’s Port of Klaipeda delivered a record-breaking performance in the first quarter of 2025, with its container sector leading the surge. Container throughput reached 2.2 million TEUs during the first three months of the year—a 33% increase compared to the same period in 2024. This marks the highest quarterly container handling volume in the port’s […]
HPC delivers pre-feasibility study for new bulk cargo terminal in Cabo Verde
HPC Hamburg Port Consulting (HPC) has successfully delivered a pre-feasibility study for the development of a bulk cargo terminal at Porto Fundo in Santa Cruz, Cabo Verde. Commissioned by Spanish infrastructure company COPISA, the study provides a foundation for assessing the viability of a new terminal on the island of Santiago and sets the course […]
JAXPORT welcomes Crowley’s first Avance Class LNG-powered vessel
The Jacksonville Port Authority (JAXPORT) celebrated the arrival of Quetzal—Crowley’s newest LNG-powered container ship—on its maiden voyage. With a capacity of up to 1,400 TEUs, Quetzal offers greater cargo space than the vessels previously used by Crowley in its Central American and Caribbean trade routes with the United States. Powered by lower-emission LNG, the vessel […]
CMA CGM applies new PSS from North Europe & Med to LATAM & Caribbean
French shipping company CMA CGM has announced the implementation of new Peak Season Surcharges (PSS) on cargo shipments from North Europe and the Mediterranean to destinations across Latin America and the Caribbean. Effective from 1 June, the Marseille-based carrier will apply a PSS of USD/EUR 150 per TEU on all types of cargo transported from […]