Global container turnover declines 
The RWI/ISL Container Turnover Index, a collaborative effort by the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL), showed a slight drop in July, reaching a seasonally adjusted 121.9 points compared to the revised 123.3... more
ICTSI secures Metrobank loan
International Container Terminal Services, Inc. (ICTSI), a major global terminal operator, has obtained a USD 750 million loan from Metropolitan Bank & Trust (Metrobank), marking the largest credit facility secured by ICTSI and the largest bilateral facility extended by... more
Cargo growth in Gothenburg
Amid global and domestic economic slowdown, the Port of Gothenburg maintains solid cargo volumes, backed by Sweden's resilient export industry. Import dips, reflecting economic caution, are stabilising, with signs of autumn recovery. The port handled 446,000 teu in... more
What about this year's golden week?
With the golden week, China’s national holiday, just five weeks away, carriers are grappling with blank sailings amid a drop in demand. Unlike previous years, carriers have not announced significant capacity reductions for the Transpacific route during this period. Scheduled... more
Thai mangoes: better by sea 
Daikin Reefer collaborated with Thai mango shipper Swift and CMA CGM to conduct static and live trial shipments using Daikin's Active CA technology, converting shipments of Nam Doc Mai and Mahachanok mangoes from air to sea transportation. The trials successfully preserved... more
Boxes keep coming at Oakland
The Port of Oakland witnessed a significant increase in loaded container throughput in July 2023, reaching the highest level since October 2022. Full twenty-foot container equivalents grew by 16.8% compared to July 2022, with imports rising by 12.5% and exports by 23.1%.... more
Keep on rolling for rail and road
The Kezad Group is diversifying its portfolio. Khalifa Economic Zones Abu Dhabi (the Kezad Group) has operated the deepwater gateway Khalifa Port, located between Abu Dhabi and Dubai (UAE), since 2012. In July the subsidiary of the AD Ports Group, which specialises in integrated... more
Marcura Group buys ShipServ
The Marcura Group has signed a definitive agreement to acquire ShipServ, a maritime online procurement platform and marketplace. The strategic acquisition marks a milestone for both companies, which aim to combine their expertise and provide a broadened solutions portfolio for... more
A new tool for digital fleet monitoring
Kawasaki Kisen Kaisha ("K" Line) has partnered with Navtor to adopt its NavFleet as a fleet monitoring system platform. The MOU signed on 25 August 2023 outlines the development of a global fleet monitoring and support system using this tool. Navtor, which is based in... more
Jaxport receives funds for new cranes
Florida legislators have granted Jaxport USD 30 million for the purchase of two new container cranes at the Blount Island marine terminal. House speaker Paul Renner and senate president Kathleen Passidomo, along with the Duval legislative delegation, led the funding allocation... more