Shipping News
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North America Maritime Industry Leaders Discuss Technology Advances and Sustainability Strategies
(HOUSTON) ABS brought together maritime industry leaders to discuss the latest advances in sustainability and digital classification at the annual ABS North America Regional Committee Meeting. “As the industry embraces a new language of shipping, ABS is leading the way in technology, sustainability and digital innovation. In this era where…
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Mawani and Tabadul Sign an MoU to Develop a New Port Community System
The Saudi Ports Authority (Mawani) has signed a Memorandum of Understanding (MoU) with The Saudi Electronic Information Exchange Company (Tabadul) to new Port Community System to shape the future of trade, increase competitiveness, and achieve sustainable growth in the Saudi ports. The MoU aims to expand the portfolio of services…
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Global Grain Trade Forecast Lowered
The United States Department of Agriculture (USDA) has released their latest global grain export forecast for the upcoming 2022/23 season and has reduced its expectations. It is noteworthyWorld wheat flour trade in marketing year 2022-23 was revised downward by 500,000 tonnes (wheat equivalent) in the latest International Grains Council (IGC) quarterly forecast,…
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Patricia Perez Salazar, at the Regional Meeting “Logistics, a critical and strategic activity for business”
Patricia Perez Salazar, general director of the Central America Area at Maersk, participated in the first Regional Meeting organized by the Council of Global Companies and the Mexican Association of Secretaries of Economic Development, speaking at the Nearshoring and local supply chain dialogue table. The meeting and the dialogue table…
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Port of Cardiff celebrates new distribution centre lease with Owens Group
Port of Cardiff is Located on the north side of the Severn Estuary, connected to the rail network, and within easy reach of the M4 motorway, the Port of Cardiff has expertise in the handling of containers, steel, forest products, and dry and liquid bulks. ABP has invested significantly in…
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Drewry : Container freight rates from Asia are falling again
According to Drewry, their average price between Shanghai and Genoa is $ 5,216, down 19% from last week. The tariffs for the transport of containers by sea are slipping even lower. In the last week, compared to an average drop of -10% on the eight most traveled routes worldwide (to…
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ABS and DSME Team-Up on Decarbonization Strategy
ABS Global Sustainability and Simulation Capabilities Support DSME Decarbonization Ambitions (MILAN) ABS and Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) have formed a joint development project (JDP) to create a decarbonization strategy for DSME’s LNG carrier designs. Signed at Gastech, the project will see ABS and DSME investigate carbon…
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Port of Cork Company launches a new 13.5-hectare container terminal
Cork Chamber, the voice of business in Cork, said the launch of the Port of Cork Company’s new 13.5-hectare Cork Container Terminal in Ringaskiddy represents a big step forward for Cork and the Port of Cork, according to the Cork Chamber’s release. The new terminal has been opened at a…
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Maersk increases its warehousing capabilities in UK and Ireland
Liverpool/Dublin – As part of its integrator strategy, Maersk is consistently expanding its inventory of warehouses in the UK and Ireland. In addition to a 15-year lease for a newly built warehouse in Doncaster in the North of England, Maersk has signed a lease for two new distribution centres in the…
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MSC to Develop Air Cargo Solution in Response to Market Demand
MSC Mediterranean Shipping Company SA, a global leader in transportation and logistics, has started developing a new MSC Air Cargo solution in response to customer demand and as a complementary service to its container shipping solutions. MSC Air Cargo has been under development for several months and the new solution…
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