The vessels will be delivered during Q3-4 24 and, like recent Maersk feeder orders, they will feature a forward-mounted bridge, 1,300 teu of capacity and are geared to allow them to call at smaller, less-equipped ports. Set to replace three of NCL’s current fleet, the new feeders are benefiting fr...

According to local media, MSC-owned Terminal Investment Ltd (TIL) has signed an agreement with Ho Chi Minh City to build a $6bn port in Can Gio, a district on the city’s outskirts. The proposed facility would have a 7.2km wharf, annual capacity of 15m teu and be capable of handling 24,000 teu cont...

The latest setback came last weekend, when Gorillas closed its warehouses in Belgium and handed over part of its business to local player efarmz – this marked the latest step in the Berlin-based delivery company’s retrenchment. And, according to Spanish media, the company is planning to pull out...

The increase in the freight rate benchmarking firm’s XSI crowd-sourced index followed a 30% leap in May, meaning the index now stands 170% higher than a year ago. “After last month’s colossal rise, we see another hike of 10%, pushing cargo owners to the limits, while the carriers fill their po...

“The two key words for us are reliability and flexibility,” said Denis Choumert, chair of the European Shippers’ Council. “We need to switch to quicker and more efficient services and want permanent flexibility at the regulatory level,” he told delegates at Tiaca’s regional symposium in ...

It also claims biofuel needlessly increases costs for end users. The group’s surprise condemnation follows a T&E report this week, which appears to suggest a transition to biodiesel, among other next-generation fuels like e-methanol and e-ammonia, would be both affordable and sustainable, noti...

...

SGL management described the acquisition as a “game-changing step”, as it would “allow for further penetration in segments like technology and pharma and healthcare”, and comes on the back of its 2021 purchase of European freight forwarder Horizon International Cargo, a longstanding partner ...

In a punchy discussion paper published yesterday, the forwarder association outlined several key requirements to ensure a more level playing field in the market. It said: “Access to the global logistics chain is under threat today. Moves by the world’s largest shipping lines, which, as part of t...

Drewry’s WCI index was a sea of red this week; its composite index shed another 3% for a year-on-year decline of 16%. “Not only are rates continuing downwards, but they are also failing to exhibit the beginning of the seasonal uptick we see under normal circumstances,” said Lars Jensen, CEO of...