#Local Forwarding

Shipping line Zim bets big on spot market as losses mount

More bad news from Zim, the world’s 10th-largest container line operator and a major player in the Asia-U.S. East Coast trade: After slashing its full-year gui...

DP World to boost container-handling capacity by year-end as demand rises

Global ports operator DP World plans to add about three million Twenty-Foot Equivalent Units (TEUs) of container-handling capacity by the end of the year to help mee...

Evergreen buys into Rotterdam’s Euromax terminal

Taiwanese container giant Evergreen has bought a 20% stake in Rotterdam’s Euromax terminal for EUR72.5m ($109m), with analysts at Alphaliner suggesting Hutchis...

Fire on Containership Off Malaysia

Malaysian authorities were battling a fire on the M/V KMTC Shenzhen, a containership owned by Korea Marine Transport Co., off the coast of Port Klang, Malaysia. T...

Global Airline Cargo Demand Has Dropped 3.4% Compared To Last Year

According to the International Air Transport Association (IATA), global air cargo demand has slightly slumped by 3.4%. IATA blames this on the global inflation crisi...

Panama Canal Authority announces new booking condition

Consistent with this draught, during this period, 32 vessels per day will be transiting the Canal, down from an average of 36 in normal circumstances.  Neopanam...

Container ship scrapping set to ramp up next year

Ship broker Braemar confirmed today that 57 ships of 110,000 teu had been sent for demolition this year to date, compared to just four ships of 2,750 teu up to 14 Au...

Shifting trade dynamics: Is China losing advantage to ‘nearshoring’?

China, renowned as the world's manufacturing hub, has been a major exporter of various goods and services. However, recent export data from the world's secon...

DB Schenker uses dogs to sniff out prohibited air cargo shipments

DB Schenker in the UK is using free-running explosive detection dogs to find prohibited items in airfreight shipments. The dogs trained to screen cargo are from a...

New container shipping line established in Dubai

A new shipping company is starting operations and is going to enter Russia trade, according to DynaLiners report. CStar Line has been established in Dubai and will b...

MSC makes waves again with a fresh order for 10 LNG-powered newbuilds

The deal will see Zhoushan Changhong International Shipyard build ten LNG-powered behemoths each boasting a 10,300 TEU capacity, the shipyard said. These 10,000-T...

Sunken tugboat recovered from Suez Canal

The Suez Canal Authority has successfully recovered the sunken tugboat Fahd which sank following a collision with an LPG carrier. The tugboat sank in the Suez Can...

MSC, Döhle, Schoeller invest in compliance platform OceanScore

Other investors include Hamburg-based early stage venture capital investor, TecPier, and theDOCK, an Israeli venture capital firm. The participation of these top-...

Port of Savannah Container, RoRo Volumes Gain in July

The Port of Savannah saw a big jump in container volumes last month compared to June, but total throughput remained far below last year’s unusually busy July....

MSC joins SEA-LNG coalition

SC already has LNG-fuelled vessels with its first five newbuilding dual-fuel LNG-capable container vessels in operation, and two in the cruise sector, with MSC World...