CACC Cargolinx Handles Four Oversized Cargo Units on Antonov An-124 at Cairo Airport
CACCCargolinx handles four oversized cargo units exceeding 48 tonnes combined aboard an AntonovAn124 at CairoAirport, highlighting specialised ground handling requirements…
From Shipbroker to DKK 98 Billion Group: USTC Marks 150 Years of Global Shipping Expansion
Denmark's USTC marks 150 years, having grown from local shipbroking into a DKK 98 billion global group spanning shipping, bunkering…
Valenciaport exports rise 5.68% in September as transshipment volumes remain under pressure
Valenciaport reports stronger September exports and imports as container traffic rises 5.48%. ChinaTrade expands, while declining Transshipment volumes continue weighing…
Mercuria Seeks to Invalidate Baltic VLCC Rates as London Trial Threatens Freight Derivatives
Mercuria challenges BalticExchange tanker benchmarks in London's High Court, raising questions over $1.41 million daily VLCC earnings and the validity…
Global Airfreight Rates Rise 26% as Jet Fuel Costs Double Ahead of Peak Season
Global Airfreight rates surge 26% as JetFuel prices jump 113%. WorldACD and TACIndex report strong Asia to US demand, while…
Iran Offers to Reopen Strait of Hormuz, but U.S. Naval Blockade Stalls Shipping Deal
Iran offers to reopen the StraitOfHormuz if Washington lifts its naval blockade, but conflicting reports cloud negotiations as tankers, oiltrade,…
Drewry Warns Container Shipping Faces Unavoidable Overcapacity as Suez Return Adds 1.6 Million TEU
Drewry warns ContainerShipping faces unavoidable overcapacity as new vessels and returning SuezCanal traffic release millions of TEU into global networks,…
Heavy Lift Vessel UHL Freedom Loses Propulsion in North Sea Storm, Three Crew Injured
Heavy lift vessel UHLFreedom suffers engine failure in the NorthSea during force 9 winds, injuring three crew members and triggering…
FORUM | Container Shipping Faces Overcapacity Risk as Top Carriers Build 10.89 Million TEU Fleet
Global ContainerShipping faces mounting capacity pressure as MSC and COSCO lead a 10.89 million TEU orderbook, raising concerns over future…
Mammoet, Port of Argentia plan floating dry dock to expand Canadian ship repair capacity
Mammoet partners with PortOfArgentia and ArgentiaCapital to advance a modular FloatingDryDock in Newfoundland and Labrador, targeting commercial shipping, naval maintenance…
