Your weekly Newsletter For Heavylift, Breakbulk & Project Cargo
Your Newsletter For Heavylift, Breakbulk & Project Cargo
Your Newsletter For Heavylift, Breakbulk & Project Cargo
LATEST NEWS
M3 International Logistics Corp. Sets Sail with Inaugural Voyage of M/V Link Sun
M3 International Logistics Corp. has marked a significant milestone with the launch of its maiden voyage, the M/V Link Sun, offering a range of services including RORO (Roll-on/Roll-off), breakbulk, and container shipping. This inaugural departure signals a new era in…
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Intermarine and JSA Expand into Chilean Metals and Energy Markets
Intermarine, a leading multipurpose vessel (MPV) operator, and its affiliated super-heavy carrier group, Jumbo-SAL-Alliance (JSA), are strategically targeting Chile's booming mining and wind energy sectors. The move comes as supply chains and freight rates normalize, creating promising opportunities within the…
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Germany Launches Massive Rail Network Upgrade: 40 Routes to be Revamped by 2030
Germany's railway infrastructure is about to undergo a massive transformation as Deutsche Bahn (DB) and the German Federal Ministry of Transport and Digital Infrastructure (BMDV) embark on an ambitious upgrade program set to run from 2025 until 2030. This extensive…
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INDUSTRIAL UPDATE
Skyhouse Opens Customs-Authorized Warehouse at Liège Airport
In an exciting development, SkyhouseSkyhouse has officially opened its customs-authorized warehouse at Liège Airport. This state-of-the-art facility marks a significant milestone for the company, enabling it to offer a host…
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MOL Takes the Helm as “Sector Champion” in First Movers Coalition, Advocating for Zero-Emission Fuels
Move towards sustainable shipping practices, Mitsui O.S.K. Lines, Ltd. (MOL) has been appointed as the "Sector Champion" for the shipping sector within the First Movers Coalition (FMC). The announcement came…
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US Ports Experience Over 20% Decline in Trans-Pacific Imports
During the first eight months of 2023, significant year-over-year drops in imports from Asia have been observed at the major ports located on both the East and West coasts of…
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Container Shipping Rates Plummet to New Lows: What’s Driving the Decline?
Container shipping rates have taken a nosedive, erasing the price hikes that container shipping companies managed to secure earlier in the summer. According to the British consultant Drewry, the average…
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IUMI’s Analysis Reveals Positive Trends in Marine Insurance, but Challenges Loom
The International Union of Marine Insurance (IUMI) delivered a promising outlook for marine underwriters at its annual conference. The global marine insurance market reported an impressive upswing in 2022, with…
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PORT UPDATE
ENVIRONMENTAL NEWS
WinGD and KSS Line Join Forces for Ammonia-Fuelled Gas Carriers
20 September 2023
In a significant stride towards sustainable maritime solutions, Swiss marine power company WinGD has inked a memorandum of understanding with KSS Line to delve into the potential of X-DF-A engines for upcoming newbuild ventures. The…
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MORE NEWS
Yellow Corp Receives Approval to Sell Vehicle Fleet Amid Bankruptcy
The freight shipping company that declared bankruptcy in August following a labor dispute, has been granted approval by the U.S. bankruptcy court to sell its extensive vehicle fleet by October. The company also plans to…
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Mammoet Sets New Milestone with 19,600-tonne PDQ Platform Installation in the Caspian Sea
Mammoet, a global leader in heavy lifting and transport solutions, has achieved a significant milestone by successfully completing the installation of a 19,600-tonne Production, Drilling, and Quarters (PDQ) platform in the Caspian Sea. This remarkable…
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African Nations Rally Behind Global Carbon Levy on Shipping
A coalition of 20 African nations has thrown their support behind the Nairobi Declaration, a significant move advocating for the implementation of a global carbon levy on shipping. The Nairobi Declaration was officially adopted during…
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Saudi Arabia Unveils Ambitious Master Plan to Transform into Global Logistics Hub
Crown Prince Mohammed bin Salman has launched an extensive master plan aimed at positioning Saudi Arabia as a pivotal global logistics hub. The plan, which forms a crucial part of the National Transport and Logistics…
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Maersk Supply Service’s Strategic Shift: Job Cuts as Offshore Wind and OSVs Take Center Stage
Maersk Supply Service, a prominent player in maritime services, is set to undergo a transformational shift that involves job cuts and a strategic focus on offshore wind and offshore support vessels (OSVs). The move is…
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Breakbulk.News is an independent global media channel that keeps you informed of the latest news, industry updates and analysis in the Breakbulk, Heavylift, Project Freight and Logistics industry. We are committed to opening up the industry by Bringing Breakbulk Together. Uncovering your news, industry updates and market analysis, piece by piece. Breakbulk.News is powered by Breakbulk News & Media B.V. and is based in The Netherlands.