Tuesday, March 28, 2023

Press Release

Some of the world’s biggest shippers in the bulk sector have made a commitment to target moving 25% of their annual seaborne trade volume for at least one commodity using electronic bills of lading by the...
The paper bill of lading, one of the oldest documents in global trade dating back to the 17th century may be a thing of the past by the year 2030 if the members of the Digital...

Cédric Rosemont – Telematics and IoT strongman takes over as CEO of Traxens

Traxens, a leading smart-container service provider for the global supply chain industry, recently announced the appointment of Cédric Rosemont as CEO of Traxens. Cédric is...

DP World to develop and operate container terminal at Deendayal port – India

DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast...

Bolloré Africa Logistics is now officially part of the MSC Group

The Mediterranean Shipping Company (MSC) Group has now completed its acquisition of Bolloré Africa Logistics (BAL), through its wholly-owned subsidiary SAS Shipping Agencies Services...

The end of Container Dwell Fee at San Pedro Bay ports

The Container Dwell Fee announced by the San Pedro Bay ports of Long Beach and Los Angeles on the 25th of October 2021 will...

CMA CGM Group grows its revenue by 29.9% Y-o-Y reaching $19.91 Billion in Q3 of 2022

CMA CGM Group, founded by Mr.Jacques Saadé, is currently the 3rd largest container shipping line in the world, owning and operating over 600+ container...

Financial reward for investing in low emission fuels – decarbonising shipping

Ships using low/net zero emission fuels would be financially rewarded for the emissions they prevent. Measure aims to ensure at least 5% of...

Nı́colas Henrique Marques Esperança De Souza is Young Ship Agent/Broker 2022

FONASBA has announced Nı́colas Henrique Marques Esperança De Souza, of Wilhelmsen Port Services in Santos, Brazil as the winner of its Young Ship Agent...

Cold chain management solutions for pharma and biologicals now available – Tive

Cold chain is a highly sensitive area of supply chain, which in itself is a complex system, widely used in the pharmaceutical, biological, and...

Excessive Ocean Carrier Profits at Risk as Rapid Decline in Spot Rates Prompts Renegotiation of Contract Rates

Suffern, NY, September 14, 2022 – SHIFEX, the only forwarder-driven container spot freight rate index, recorded the lowest freight rate in 24 months between...

Meet the Sponsors of PharmaReg AfriSummit 2022

PharmaReg AfriSummit is an annual event that provides a platform for medical device and pharmaceutical regulatory experts and industry professionals in Africa to share...

Hapag Lloyd smiling all the way to the bank in the first half of 2022

Result significantly higher than prior-year period Transport volume at prior-year level Outlook upgraded based on current business performance Uncertainties remain due to the...

Evergreen gets double certified for its Greenhouse Gas emission inventory

In order to implement the company's environmental protection policy and carbon reduction goals, Evergreen Marine Corp. has completed a systematic inspection and calculation of...

Port of New York/New Jersey’s “container imbalance fee” could be counterproductive

On the 2nd of August 2022, the Port of New York and New Jersey announced the  implementation of a new quarterly container imbalance fee...

Continued decrease in Ocean freight spot rates seen as positive measure to curb inflation – SHIFEX by Shifl

Consumer sentiment towards retail has been consistently falling over the last few months on account of rising inflation, even as prices of everyday commodities...

PharmaReg AfriSummit: “For A Healthier Africa” is back

The Annual PharmaReg AfriSummit, an insightful summit with over 300 professionals as attendees, including regional governmental officials & medical experts, is back as a...

Just In Time arrival can reduce fuel consumption and emissions by 14%

Containerships can reduce fuel consumption and resulting carbon dioxide emissions by 14% on a per voyage basis using Just In Time arrival. This is what...

Marine Environment Protection Committee (MEPC) 78th session opens

The 78th session of the Marine Environment Protection Committee (MEPC) opened on the 6th June 2022 as a virtual session. As per an IMO press...

Maersk all clear to take to the skies with Senator International

Flush with a USD19.29 billion revenue (+55%), USD6.78 billion net income and a USD 6 billion free cash flow (+154%) in the first quarter...

Hapag Lloyd completes acquisition of Deutsche Afrika Linien (DAL)

- Deal completed after approval by worldwide antitrust authorities - Acquisition supports Hapag-Lloyd’s strategy to further grow in the South African market   Hapag-Lloyd today successfully closed...

Container spot rates to US tumble on the back of plummeting demand while transit times improve

The US GDP fell 1.4% in the first quarter of 2022, which has concerned economists and analysts alike. Ripples have been felt across the...

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