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SAAM unveils 2030 Sustainability Strategy

SAAM marked its 63rd anniversary by unveiling its comprehensive 2030 Sustainability Strategy, reinforcing its commitment to sustainable growth with a clear, actionable plan and...

SAAM records over US$420 million in revenue in 2024 so far

SAAM has achieved improved financial results in the first three quarters of the year, with revenue of US$427 million and EBITDA of US$137 million,...

SAAM achieves historic annual net income exceeding US$500 million

SAAM, a world-class towage provider, achieved its highest-ever net income of US$501 million in 2023, primarily attributed to the sale of its port and...

Chile makes history with first electric tug in Latin America

Empresa Nacional del Petróleo (ENAP), a company engaged in the exploration, production and marketing of hydrocarbon products and their derivatives and SAAM, through its...

Chilean box terminal enhances container capabilities with new equipment

Two ship-to-shore (STS) super post panamax (SPP) and two electric rubber tyred gantry (RTG) cranes arrived on board the Zhen Hua 24 after a...
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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...
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