No limits for prices for newbuilds 
According to Clarksons’ statistics, prices in the shipbuilding sector continue to point upwards. From an absolute low in November 2020 price have now increased by around 25%. This is the highest price rise since 2005, the London-based company said. For higher ship prices, one... more
Global K9 and CSK9 to improve cargo security
Engineered canine screening and detection provider Global K9 Protection Group (GK9PG) has entered a strategic partnership with Anniston, Alabama-based 360 Security Partners, known in the industry as CSK9 (Cargo Screening K9) and VWK9, as part of ongoing plans to expand services... more
Promotions at Marshall Islands Registry
International Registries and its affiliates (IRI), which provide administrative and technical support to the Republic of the Marshall Islands (RMI) Maritime and Corporate Registries, have announced the following promotions: Simon Bonnett, who has served as senior vice... more
Top ten handle 25% of world record cargo volumes
Airports Council International (ACI) World has published the top ten busiest airports worldwide for 2021. Air cargo had its volumes increase by close to 15% year-over-year (+3.5% versus 2019), to an estimated record 124 million t in 2021. Volumes at the top ten airports,... more
More intermodal services in Montreal
The Montreal Port Authority (MPA) and Canadian National Railway (CN) are joining forces to integrate rail transport at the MPA's new container terminal in Contrecœur. In cooperation with a private partner, the parties will define the technical aspects of the project's intermodal... more
Californication of warehouse space
Los Angeles-based 3PL Weber Logistics has acquired the warehousing company Pacific Coast Warehouse Company (PCWC). The financial terms of the deal were not disclosed. The PCWC brand will vanish and the company will be fully integrated into Weber Logistics. All PCWC employees... more
Connecting the Med and Latin America
After having reshuffled its regional loops, Hapag-Lloyd is launching its new service for connecting the Mediterranean, Caribbean, Central America and the West Coast South America Express (MSW), starting in early May 2022. The main focus is on the direct connection between... more
Better coordination on war-affected trade routes
The International Road Transport Union (IRU) has welcomed European Union transport ministers’ commitment to better coordinate their response to the transport challenges posed by the war in Ukraine. This commitment comes after the European Commission proposed two mandates to... more
Container flows to Virginia keep coming
The US East Coast Port of Virginia handled more than 314,000 teu in March 2022, an increase of 13% or 35,000 teu compared to March 2020. Almost 47% of the boxes were loaded imports. March’s volumes were ahead of January and February 2022, which were at 262,000 and 297,000... more
Fiata: survey on carriers' conduct
With three shipping alliances dominating the shipping markets, Fiata, the International Federation of Freight Forwarders Associations, is calling on its members to provide feedback on market development and shipping line practices that are considered as being unfair. Fiata... more