Ahead of privatisation, Brazil’s Ministry of Infrastructure (MINfra) issued an ordinance approving a significant expansion of the port boundaries, nearly doubling the land area of the Port of Santos, Brazilian media reported.
CMA CGM has signed a preliminary agreement to acquire Colis Privé, consumer delivery company based in France.
Ocean Network Express (ONE) has boosted its profit forecast for the 2021 financial year by 31%.
Madrid Bridge, a 13,900 teu container ship which suffered a stack collapse in the Atlantic, is scheduled to leave Charleston on January 31.
Oil prices could spiral into three figures within this year, according to some analysts, with repercussions for bunker costs.
Panama’s new law on near shoring was signed in December by President Laurentino Cortizo.
The US Army Corps of Engineers’ (USACE) FY22 work plan for the Infrastructure Investments includes an award of $142.5m for the deepening and widening channel improvement programme of Houston ship channel.
MSC Group and Lufthansa have expressed an interest in acquiring a majority stake in Alitalia successor ITA Airways.
The Brazilian National Waterway Transportation Agency (Antaq) has approved the public consultation for the privatisation of the Port of Santos.
The energy transition for shipping is not just about the fuels themselves, and companies need to broaden their horizons to talk about the carbon footprint on a wider, according to Søren Høll CEO of KPI OceanConnect.