China State Shipbuilding Corporation Units to Merge
Two divisions of China’s largest shipbuilding conglomerate, China State Shipbuilding Corporation, are set to merge through a share swap deal.
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Port of Gothenburg Unveils New 144,000 Square Meter Terminal
The Port of Gothenburg has officially opened a new port terminal, "Arendal 2," covering an area of 144,000 square meters.
Fremantle Port: Tall Ship Damaged by Container Vessel
In an incident early this morning, Australia’s largest sail-training tall ship sustained severe damage after being hit by the Maersk Shekou.
Indian Government Reaches Wage Agreement with Dockworkers
The Indian government has successfully finalized a wage agreement with dockworkers, bringing an end to nearly three years of negotiations.
Explosion on Cargo Ship at Manila Results in Fatality, Injuries
A cargo ship flying the Philippine flag experienced an explosion while docked at Manila Port on August 27, as reported by local news outlets.
Panama Canal to Implement Long-Term Slot Allocation System
Panama Canal to introduce long-term slot allocation system aimed at enhancing transit certainty, flexibility, particularly for neopanamax locks.
Analysts Predict Decline in Asia-Europe Freight Rates by 2025
Analysts from Asia-based container consultancy forecast drop in Asia-Europe box freight rates, expecting prices to plummet by over 70% by June.
Ocean Network Express Expands Scandinavian Baltic Express Service
ONE has announced major upgrades to its Scandinavian Baltic Express (SBX) service to include the ports of Antwerp, Rotterdam, Rauma, and Gävle.
Swift Action Ends Canadian Rail Strike Within Hours
The Canadian rail strike concluded yesterday, just 18 hours after it began, as authorities acted swiftly to prevent a potential economic crisis.
Dutch Authorities Seize Over 700 kg of Cocaine at Rotterdam
In a string of drug busts over the past week, Dutch authorities have seized more than 700 kilograms of cocaine at the Port of Rotterdam.
Landlocked Malawi Secures Access to Mozambique Port
Malawi, a landlocked country, has successfully negotiated leased space at a port in Mozambique to build and operate a new terminal.
UK Firm Partners with DP World for DRC Deepwater Port
BII commits $35 million to DP World’s project at the Port of Banana, following collaborations between the two in Senegal, Egypt, and Somaliland.
Extinction Rebellion Blocks Port of Amsterdam
Extinction Rebellion block the entrance to the Port of Amsterdam in a protest that prevented a cruise ship and an oil tanker from docking
Canada Braces for Industrial Action at Freight Rail Companies
Canada is poised for industrial action at two leading freight rail companies starting Thursday, as employers and employees remain at an impasse.
Egyptian Bulk Carrier Detained at Paradip in Financial Dispute
An Egyptian-flagged bulk carrier, the Wadi Albostan, has been detained at Paradip Port in India following orders from the Orissa High Court.