Ioanna Kontos
Moody’s upgrades DP World’s ratings
Moody’s Ratings Agency has raised DP World’s ratings in a major statement of confidence in the port operator's business and future.
The upgrade comes on...
NYK Group Europe appoints new president and CEO
Svein Steimler, the current president and CEO of NYK Group Europe, will retire on 31 March 2023, and will afterward join the company as...
Historic methanol bunkering operation carried out in Sweden
The methanol-powered Ro-Ro and passenger vessel Stena Germanica became the first non-tanker vessel in the world to be bunkered with methanol ship to ship...
Hapag-Lloyd buys share in India’s terminal and inland transportation service provider
Hapag-Lloyd signed a binding agreement today (25 January) to acquire a 35% stake in J M Baxi Ports & Logistics Limited (JMBPL) from a...
CMA CGM introduces new rail service in Indonesia
French carrier CMA CGM has announced a new rail service solution for export cargo from Semarang and Surabaya in Indonesia to worldwide destinations via...
Microsoft and Overhaul partner on supply chain visibility projects
Overhaul, a software-based company launched in 2016 and headquartered in Austin, Texas, is a supply chain visibility provider and one of Microsoft's new partners...
Konecranes inks licensing agreement to expand its presence in India
Finland-based port equipment manufacturer Konecranes aims to strengthen its presence in the Indian market with a licensing deal with an Indian multinational corporation Larsen...
New study: 96% of companies move manufacturing closer to home amid supply chain disruptions
The newest Trade in Transition survey, commissioned by DP World and led by Economist Impact, recorded the opinions of industry executives who have to...
Nigerian president opens Lekki Port, largest port in the country
President of Nigeria Muhammadu Buhari officially inaugurated the Lekki Deep Sea Port in Itoke village, Ibeju-Lekki, Lagos, on 23 January, while observing the offloading...
Port of Gothenburg sees container growth
The Port of Gothenburg handled 885,000 TEUs in 2022, a 7% increase from the previous year with Maersk-owned operator, APM Terminals, handling the majority...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
Wan Hai Lines debuts new Vietnam–Thailand–India direct route
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
MSC and ZIM downsize joint Far East-US East Coast service network
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
