SHIPPING
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GAC expands operations in East Malaysia; cites growth opportunities in the country
August 23, 2023 - GAC Malaysia is expanding its operations in East Malaysia with the opening of a new office in Kota Kinabalu, boosting...
Port of Los Angeles cargo volume slips again in July
August 23, 2023 - Cargo throughput at the Port of Los Angeles (Port of LA) dropped again in July after recording its "best mont...
Port of Hamburg notes increased trade with the Americas and Asia
August 23, 2023 - The Port of Hamburg reported a decline in cargo volume in the first half of the year due to global economic...
Sea-Intel: Carrier EBIT down 90% to US$3.2B in Q2 2023
August 23, 2023 - After two very profitable years for the shipping lines, the market is shifting into "post-pand...
S&P Global: All regions show y/y decline in port call size
August 23, 2023 - All world regions showed a decline in average call size in the second quarter (Q2) of 2023 compared with the same...
MOL inks deal to develop safe solutions for industrial-scale shipping of CO2
August 23, 2023 Mitsui O.S.K. Lines, Ltd. (MOL) said it signed a deal with Australian and Japanese partners to execute an R&a...
OOCL: Container shipping market far from disaster territory
August 22, 2023 Orient Overseas Container Line (OOCL) said that while challenges remain for the container shipping industry, the market...
202308211400 NYK has acquired a 25% stake in a car terminal located in Indonesia
August 21, 2023 NYK, a Japanese shipping company, has purchased a 25% stake in an automotive terminal located in Subang Regency, West...
CMA CGM acquires two terminals at Port of New York/New Jersey
August 21, 2023 The Port Authority of New York and New Jersey announced that its Board of Commissioners voted to amend existing leases...
C.H. Robinson says ocean freight capacity poised for growth
August 21, 2023 C.H. Robinson said ocean freight capacity is forecasted for growth. The global logistics company noted that overall,...
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