VTG boosted first-half profit the group benefited from lower financing costs and synergies from the acquisition of a rival company.
Mediterranean Shipping Co. has introduced a new container service between India and Africa to “improve transit times and enhance delivery to those destinations.”
Samskip, the Icelandic shipping and logistics group, has bought Norway’s Euro Container Line.
Asia’s transshipment hubs are facing turbulent times.
Abu Dhabi’s Khalifa Port is accelerating its expansion of capacity.
The Korea Exchange has asked the country’s largest carrier for clarification on media reports that it has lost the support of South Korean banks.
A U.S. federal mandate requiring truck drivers to use electronic logging devices by the end of next year won’t necessarily be the harbinger of a long-anticipated “capacity crunch.”
An 11-year high tide combined with beach erosion to shut down South America’s busiest port and cast doubt on plans to dredge deeper so the port can handle larger ships.
The South Carolina Ports Authority has ordered 12 rubber-tire gantry cranes for use at Charleston’s Wando Welch terminal.
It took years longer than expected, but CMA CGM is on its way to transforming the container transshipment terminal in Kingston, Jamaica, into a regional powerhouse.