War stunts container throughput in Russian ports
18/05/2022
Global sanctions on Russia have cumbered the nation’s container flow as major shipping lines have withdrawn from the country. According to
Global Trade News
Volatile market doubles HMM profits
13/05/2022
Hyundai Merchant Marine (HMM) has recorded its best-ever quarterly profits in Q1 2022 owing to higher freight rates. The company has
India to fund Cochin Port transshipment hub amid Sri Lanka crisis
10/05/2022
The Indian Ministry of Ports, Shipping and Waterways (MoPSW) has agreed to fund a Rs 300 crore ($38.8 million) programme to
Cambodia begins construction of $1.5 billion seaport
06/05/2022
The Cambodian Ministry of Public Works and Transport has held a ground-breaking ceremony to mark the start of construction at the
DP World bolsters Europe-Asia connection with new multimodal terminal
06/05/2022
DP World has announced the construction of a new multimodal terminal connecting Romania’s industrial heartland to European and Asian trade hubs.
Maersk finds possible buyers for stake in Global Ports Investment
04/05/2022
A.P. Moller – Maersk (Maersk) is reportedly in talks with potential buyers for its stake in terminal operator Global Ports Investment.
Pacific Northwest to boost container links with MARAD Marine Highway funding
26/04/2022
Supply chains in the Alaska, Hawaii and Washington regions will receive a funding boost to container services following new funding announced
China Merchants Port increases stake in Shanghai International Port Group
21/04/2022
China Merchants Port has acquired an increased stake in Shanghai port operator – Shanghai International Port Group (SIPG). The company has
Russia-Ukraine war: global trade falls by nearly 3 per cent
07/04/2022
World trade in March is expected to decline by nearly 3 per cent as a result of the war in Ukraine.
Wuhan terminal launches foreign trade service
07/04/2022
COSCO Shipping Ports Wuhan Terminal has marked the launch of foreign trade service business at the port on China’s inland river.
Ashdod Port to complete works of over one-billion-shekel Platform 21
05/04/2022
Ashdod Port has announced that the second section of its operational project to upgrade Platform 21 is almost complete. The project
UAE, Kuwait strike deal on new virtual trade corridor
28/03/2022
AD Ports Group has announced the signing of a Memorandum of Understanding (MoU) with the Kuwait General Administration of Customs to