Ports Industry News

Kawasaki Kisen Kaisha (K Line), together with ITOCHU Corporation, Nihon Shipyard, Mitsui E&S Machinery and NS United Kaiun Kaisha, has obtained an Approval in Principle (AiP) from Classification Society,....

French airline CMA CGM reported a 30 percent revenue increase to $19.9 billion for the third quarter ended September 30, 2022, driven by the group's maritime business.

CMA CGM carried....

Of the three trades from South East Asia to North Europe, the U.S. West Coast and the U.S. East Coast, the average spot rate to the U.S. West Coast....

Singapore-based Global Center for Maritime Decarbonisation (GCMD) and Norway-based maritime insurer Gard have signed an impact partnership agreement, committing to a five-year partnership to accelerate the decarbonisation of the....

After more than two years of rising rates and overstretched capacity, the rapidly cooling ocean freight market looks set to be "extremely challenging" in 2023, according to Oslo-based Xeneta.

“In-depth....

Essar Ports & Terminals Ltd (EPTL) and Essar Power Ltd (EPL) have completed the sale of captive ports and power assets in Hazira and Paradip to Arcelor Mittal Nippon....

The collapse in spot rates on fronthaul transactions has made headlines, but shippers on certain backhaul transactions have seen similarly large declines, with some transactions seeing spot rates fall....

Gadot Chemical Terminals Ltd. and Adani Ports and Special Economic Zone (APSEZ) have announced the formation of a joint venture in Israel.

"The company established a joint venture with Gadot....

AD Ports Group reported a 53 percent increase in revenue in the third quarter to AED 1.5 billion ($405 million), driven by strong growth in its maritime operations and....

The Ministry of Environment, Forests and Climate Change (MoEFCC) has approved the center's ambitious Rs 720 billion multi-development projects in Greater Nicobar Island, India's southernmost point and a strategically....