ICTSI to invest R$948 million to expand Rio Brasil Terminal
ICTSI will invest R$948 million to expand and modernize its Rio Brasil Terminal at the Port of Rio de Janeiro. The project, running from 2025 to 2029, will incr...
Latest Shipping & Logistics News
10,614 articlesAD Ports Group intent to launch mandatory tender offer for Alexandria Container & Cargo Handling Company
AD Ports Group announced its intention to launch a cash Mandatory Tender Offer to acquire an additional stake in Alexandria Container & Cargo Handling Company, ...
Jacobs stepping down as XPO, GXO chair to focus on QXO
Brad Jacobs, who built freight transportation provider XPO which begat contract logistics provider GXO, is stepping down as chairman of the two companies.Jacobs...
Mosaic delivers Orderful’s strategy to remove EDI mapping
Electronic data interchange (EDI) platform Orderful announced Monday it has released its latest integration product, Mosaic, which leverages artificial intelli...
CMA CGM plans exchangeable bond backed by Air France-KLM stake
According to Reuters, French shipping group CMA CGM is planning to raise around €325 million ($378.3 million) through the issuance of a three-year exchange...
CNC’s CP2 and JP8 service upgrades strengthen Asia trade links
CNC has rolled out key upgrades to the CP2 and JP8 services, strengthening connections between the Philippines, China, and Japan. The changes improve schedule r...
PIL completes first intermodal shipment in Costa Rica
Pacific International Lines has completed its first intermodal shipment in Costa Rica, marking a new milestone for its Central America operations.The 40-foot co...
ICTSI pours $175m into Rio terminal expansion
Manila-based port operator International Container Terminal Services Inc (ICTSI) is pressing ahead with a major expansion at Brazil’s Rio Brasil Terminal, com...
Navios Partners rolls out new leadership structure
Navios Maritime Partners has announced a series of senior leadership changes as the New York-listed diversified owner reshapes its top management structure unde...
Benelux Overseas steps into ammonia with $240m VLAC order
Benelux Overseas is set to widen its footprint in gas shipping after brokers linked the Athens-based owner to a $240m order for two very large ammonia carriers ...
World’s largest battery-electric ship powers up
The largest battery-electric ship ever constructed was powered up yesterday and successfully completed its first e-motor trial in Hobart, Tasmania.The powering ...
Havila Shipping to appeal court ruling in bank dispute
After losing a case in the Oslo District Court, three different banks are demanding prepayment of their outstanding amounts under the restructuring agreement wi...