News Archive

  • FSF Global Safety Report Highlights Runway Safety, Turbulence Risks
    Every logistics service business owner we are working with wants to increase sales and eventually become better than their competitors and generally stipulate yearly growth at a pace recommended by management theories, which is...
    Published on: 2023-03-26
  • Armada of big ships readies to hit the market as demand falters
    In 2023, the world’s top eleven ocean carriers, which include nine members from three global alliances as well as ZIM and Wan Hai Lines, are set to add a whopping 89 large mainline container...
    Published on: 2023-03-23
  • Latest airport data reveals the industry’s financial recovery trends
    Airports Council International (ACI) World has today published its 2023 edition of the Airport Economics Report and Key Performance Indicators (KPIs), presenting a comprehensive view of the airport industry’s financial performance for the 2021 year. The annual Airport...
    Published on: 2023-03-23
  • LTG : More X-ray machines at the borders as smuggling investigation continues
    LTG Infra and the Lithuanian Customs Office step up their attempts to control and restrict smuggling and sanction circumvention attempts via rail. In this context, they aim to deploy two x-ray machines at the...
    Published on: 2023-03-21
  • UBS assumes leading Greek ship finance position with Credit Suisse takeover
    UBS has taken on a very significant shipping portfolio following yesterday’s emergency takeover of compatriot bank Credit Suisse. UBS came to the rescue of troubled Credit Suisse yesterday in a $3.15bn government-backed deal to...
    Published on: 2023-03-20
  • As U.S. Imports Slow, Ports Eye Shipping Turnaround Later This Year
    The leader of the busiest U.S. seaport on Friday said February’s cargo volume hit the lowest level since the start of the pandemic as inflation and economic upheaval hurt demand, and signaled that activity...
    Published on: 2023-03-20
  • Cold chain logistics: Why it’s crucial
    Cold chain logistics is vital in ensuring your medicines, dairy products and other temperature-sensitive goods arrive on shelves fresh and safe to consume. So how does the cold chain work? Get the complete lowdown...
    Published on: 2023-03-19
  • Korea Development Bank is selling HMM
    The Korea Development Bank (KDB) has begun the process of selling “management rights” in Korean ocean carrier HMM seven years after the state-run bank took over the carrier from Hyundai Group following a liquidity...
    Published on: 2023-03-18
  • FSF Global Safety Report Highlights Runway Safety, Turbulence Risks
    Turbulence, runway excursions and ground damage were the most common accident types among airliners operating globally in passenger and cargo service in 2022, according to Flight Safety Foundation’s 2022 Safety Report. The report, released today,...
    Published on: 2023-03-16
  • Seafarers as collateral strike damage
    Steven Jones, the founder of the Seafarers Happiness Index, on how the wave of industrial action at quaysides around the world is keeping seafarers at sea.Well done everyone, we survived covid. We faced down...
    Published on: 2023-03-15
  • No more transit of sanctioned goods in Turkey, for now
    Turkish customs authorities are reported to have put a sudden stop to the transit transport of sanctioned goods to Russia and Belarus. Cargo that is sanctioned by the EU can no longer be shipped...
    Published on: 2023-03-13
  • Close Call in Panama Canal Locks Raises Safety Concerns
    OOCL Utah‘s near-collision on Sunday with a Panama Canal lock gate suggests a tragic and costly accident is waiting to happen, say experts. Video footage shows a fore-positioned ‘alpha’ tug almost crushed between the Hong Kong-flagged...
    Published on: 2023-03-12
  • The Apollo Cold Chain Alliance is welcoming a new member in Istanbul, Turkey
    We are excited to announce that the Apollo Cold Chain Alliance is adding a new strategic partnership in the following location: Istanbul, Turkey Consult our online member directory for more details about this company....
    Published on: 2023-03-10
  • CMA CGM Sees Container Shipping Slowdown Continuing in 2023
     CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the current year, the French transport and shipping group said on Friday, citing inflationary pressures weighing on consumption. The company based in Marseille...
    Published on: 2023-03-06
  • Container lines’ schedule reliability dips slightly at start of 2023
    Sea-Intelligence reported that while schedule reliability continued to increase for much of 2022, in January 2023 there has been a month-to-month decline of 3.8%, reaching to 52.6%.Despite this decrease, schedule reliability in January 2023...
    Published on: 2023-03-06
  • Never let a good crisis go to waste
    The year for many logistics service providers begins with considerable uncertainties as volumes, freight prices, and margins are going down, and fear of recession is ever-increasing. History shows us that changes for someone can...
    Published on: 2023-03-03
  • New Report Reveals Ocean Shipping Emissions of Top U.S. Importers
    The top U.S. importers emitted 3.5 million metric tons of greenhouse gases from shipping during the height of the pandemic-driven imports surge in 2021, according to new research released today by the Ship It Zero campaign....
    Published on: 2023-03-02
  • Methanol boxship orders growing more rapidly than all other fuel types
    The container segment is leading shipping to green new pastures, taking a massive lead when it comes to investing in methanol propulsion. According to Alphaliner, methanol boxship orders have grown more rapidly than LNG...
    Published on: 2023-03-01
  • New capacity enters ‘thriving’ Russian container sector
    While much has been written about how oil, gas, coal and grain trades have changed in the year since Russia invaded Ukraine, there has been little spotlight on the container sector. Within weeks of the...
    Published on: 2023-03-01
  • Saudi Arabia Develops a Global Integrated Logistics Park
    Saudi Arabia aims to develop a global integrated logistics park in the al-Khumrah region, west of the Kingdom. The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce signed an agreement to set up...
    Published on: 2023-02-28