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Following the election of Donald Trump as the next US president, there is heightened interest among shipping industry professionals regarding the economic policies his administration will pursue, part
11/08
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International Container Terminal Services, Inc. (ICTSI) announced its unaudited financial results for the first nine months of 2024, showing a 14% rise in revenue from port operations to US$2 billion,
11/06
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In a significant development for the Port Authority of Guam, the Board of Directors has passed Resolution No. 2024-16, approving a multi-phase bidding process to replace the Port’s outdated gant
11/05
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The Port of Virginia has received US$380 million from the U.S. Environmental Protection Agency (EPA) programme to proceed with its efforts to eliminate greenhouse gas emissions by 2040. The port
10/31
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Port Houston continues to break records, reaching over 3 million TEUs in a single year, faster than ever before. From January to September 2024, Port Houston handled 3,120,589 TEUs, marking a 10% incr
10/30
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Grace Ocean, the owner, and Synergy Marine, the operator of the container ship Dali, which destroyed the Francis Scott Key Bridge in Baltimore in April, have agreed to pay US$101,980,000 to resolve a
10/28
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COSCO-owned ocean carrier Orient Overseas Container Lines (OOCL) entered into charter agreements with Seaspan for six brand new 13,000 TEU container ships for a maximum aggregate amount of US$1.6 bill
10/25
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Israeli container carrier ZIM has updated its Peak Season Surcharge (PSS) from Far East to East Mediterranean, West Mediterranean, Black Sea, excluding Russian trades, and North Europe. &nb
10/23