Three container ships sailed through the “new” Suez Canal over the weekend in the first trial run of a second shipping lane alongside the existing waterway ahead of the official opening next month.
21 May 2015
Logistics Plus, a global provider of transportation, logistics and supply chain solutions, has opened offices in Cairo and Alexandria, Egypt, and formed a Logistics Plus Eqypt operation that includes a warehouse in Badr City just outside of Cairo.
19 May 2015
Sluggish demand and unfavorable exchange rates are driving down U.S. containerized exports to Africa and having the reverse effect on American imports from the continent.
18 May 2015
Maersk Line has entered into a vessel sharing agreement with Mediterranean Shipping Co, its 2M alliance partner, and Japan’s Mitsui OSK Lines (MOL) on the Asia to East Coast of South America trade route.
15 May 2015
Agility Logistics’ net profit for the first quarter of 2015 rose 5 percent year-over-year, at $39.3 million, the company said Friday.
15 May 2015
The new energy independence of the U.S. has sent African imports of crude oil plummeting, according to PIERS, a sister product of JOC.com within IHS Maritime and Trade.
11 May 2015
Strong gains in chemical manufacturing make chemicals hauler Quality Distribution an attractive acquisition target for a private equity firm such as Apax Partners. Expect Apax to help fuel Quality's expansion through additional acquisitions.
27 Apr 2015
For a region dismissed not so long ago as a bit of a backwater, where inefficiency, corruption and chronic congestion were the norm, east Africa is beginning to show its mettle.
18 Apr 2015
There was an average of three major cargo thefts every day in Europe last year, driven in part by the growing p
17 Apr 2015
China’s grand dream of a maritime Silk Road for the 21st Century is paving the way for Chinese port operators to spread their way of conducting domestic business beyond Chinese borders.
10 Apr 2015
Merchant ship operators have joined with seafarers’ unions urging European Union member states to take immediate action to curb the growing humanitarian crisis in the Mediterranean, which they say is putting crews and schedule reliability at risk.