Tuesday, April 29, 2025
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Sea

A.P. Moller Capital bullish on Philippine logistics; acquires 40% of Ayala’s logistics subsidiary

  For the very first time, A.P. Moller Capital, through EMIF II Holding III B.V. is investing in the Philippine market as it entered into...

MCIA, Supercat, Mactan Wharf provide seamless air to sea connectivity

Logistics providers in Cebu have signed a memorandum of agreement (MOA) to provide seamless air to sea travel from Cebu to the Visayas islands. Mactan...

ICTSI’ Ecuador unit marks first direct service to Asia

Contecon Guayaquil S.A., International Container Terminal Services, Inc.’s (ICTSI) Ecuadorian business unit operating at the Port of Guayaquil, marked the first direct service to...

BlackRock-TiL to acquire major global port portfolio from CK Hutchison in $22.8-B deal

A consortium comprising BlackRock and Terminal Investment Limited (TiL) has reached an agreement in principle with CK Hutchison to acquire a significant portion of...

CMA CGM IRON, the group’s first dual-fuel methanol vessel, makes maiden call in Singapore

The CMA CGM Group has marked a significant milestone with the maiden call of its first dual-fuel methanol vessel, the CMA CGM IRON, at...

Shipping chamber bats for urgent progress in greenhouse gas negotiations

After a week of intense greenhouse gas (GHG) negotiations at the United Nations International Maritime Organization (IMO), the International Chamber of Shipping (ICS) stressed...

New fleet era requires over 800 new vessels by 2050 – analysts

The shipping industry will require the construction of over 800 new vessels by 2050 to meet the anticipated surge in hydrogen-based commodity and CO2...

Global shipping industry faces increased uncertainty

If you thought the global shipping and supply chains would stabilize after the disruptions caused by COVID-19 and the Suez Canal blockage, recent developments...

Drewry WCI composite index drops 6%, reflecting decline in freight rates across major trade routes

The Drewry World Container Index (WCI) saw a 6% decrease, falling to $2,629 per 40ft container on Thursday, Feb. 27, 2025, marking a significant...

ICTSI’s Argentina port upholds supply chain security, global trade standards

TecPlata, the business unit of Manila-based global port operator International Container Terminal Services, Inc.’s (ICTSI) in Argentina, has reinforced its adherence to the highest...

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