Capitalising on the combination of the Port of Felixstowe’s global connections and strategic road and rail links to the rest of the UK, Freeport East has a number of new developments planned for 2025. The Port of Felixstowe recently received...
Port of Tanjung Pelepas (PTP), a joint venture between MMC Group and APM Terminals (APMT), has signed an agreement with Shanghai Zhenhua Heavy Industry Co., Ltd (ZPMC) for the purchase of 58 eco-efficient electrified rubber-tyred gantry (e-RTG) cranes. The new...
DP World has registered an 8% increase in container handling for 2024 to achieve record volumes of 88.3m teu despite macroeconomic headwinds and concerns over the outlook for global trade. The global logistics business, which now has the capacity to...
AD Ports Group has signed a shareholders’ agreement with the CMA CGM Group, through its subsidiary CMA Terminals, to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville. The terminal will handle containers, general,...
AP Moller-Maersk has reported a 65% increase in operating profit to US$6.5bn as the company has seen growth across all segments to record the third-best financial year in its history. Results were driven by higher container demand and elevated freight...
DP World Southampton has welcomed its first ship arrival under the Gemini Cooperation, with the MV Leonidio calling at the terminal as part of its first rotation on the Gemini Transatlantic AL1/AL3 service. The AL1/AT3 service will call at the...
International Container Terminal Services Inc.’s (ICTSI)’s flagship Manila International Container Terminal (MICT) has made significant investments into expanding capacity and improving terminal efficiency to help support growing trade volumes. Included within this, MICT is constructing Berth 8 designed for ultra-large...
Ocean Network Express (ONE) and LX Pantos have launched a new joint venture (JV), Boxlinks LLC, which aims to provide end-to-end efficient domestic intermodal and transportation services in the US. The JV will utilise both companies’ partnerships and major rail...
Hapag-Lloyd has concluded green financing worth around US$4bn for 24 large container ships ordered in October 2024 with a combined capacity of 312,000 teu. The financing consists of four components with around US$900m of the purchase financed using the company’s own...
MSC has launched iReefer, a remote tracking and monitoring solution for reefer containers which aims to improve decision-making processes and manage supply chain more efficiently. Available 24/7 on the myMSC eBusiness platform or via an application programming interface (API), iReefer...
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