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
Sign up to the Port Tech Daily News for free to keep up to date with the latest industry news
News
AD Ports sees fall in cargo volumes
13/05/2022
AD Ports Group has witnessed a revenue growth of 15 per cent year-on-year to AED 1,047 million ($285 million) in Q1
Hyster-Yale announces sales and service territory change in southern US market
13/05/2022
Material handling dealer Black Equipment has been appointed as the single authorised dealer for both Hyster-Yale Group brands in the Tennesse
CMA CGM joins Jupiter 1000 to accelerate net-zero target
13/05/2022
The CMA CGM Group has joined the partners of the Jupiter 1000 industrial demonstrator project piloted by GRTgaz to provide solutions
Dredging of Escravos channel to revive Nigerian ports
13/05/2022
The Nigerian Ports Authority (NPA) has started dredging of the Escravos channel to host bigger vessels. The Federal Government has awarded
ICTSI marks 10 years of investment at Manila terminal
13/05/2022
International Container Terminal Services, Inc. (ICTSI) has invested more than PhP900 million ($17 million) in information technology (IT) for its flagship
Yang Ming profits from higher freight rates
12/05/2022
Yang Ming Marine Transport Corporation (Yang Ming) has reported strong financial results for the first quarter of 2022, posting revenues of
HHLA builds rail share with stable 2022 financial outlook
12/05/2022
Hamburger Hafen und Logistik AG (HHLA) has recorded a strong performance in the first three months of the year, noting the
Hapag-Lloyd anticipates another strong second quarter in financial outlook
12/05/2022
Hapag-Lloyd has concluded the first quarter of 2022 with an EBITDA of $5.3 billion – and the outlook for the rest
MACN launches platform to fight maritime corruption
12/05/2022
The Maritime Anti-Corruption Network (MACN) has launched The Global Port Integrity Platform (GPIP) to support the maritime industry in assessing port
Shanghai container volumes climb amid COVID-19 crisis
11/05/2022
The Port of Shanghai has seen year-on-year increase in container throughput up to 15.35 million TEU during the first four months
U.S. Department of Defense finds new AI solution to secure ports
11/05/2022
The U.S. Department of Defense (DoD) will deploy OStream’s Percept – a software and data transport system – to optimise and