Container lines are diverting reefer shipments and some vessel calls at Shanghai as congestion worsens at the port due to the prolonged Covid lockdown in the city.
AP Moller-Maersk is launching a cargo airline as the top the container lines continue to expand their logistics and multimodal offerings.
Samsung Heavy Industries and Seaborg have announced a partnership to develop floating Compact Molten Salt Reactor (CMSR) nuclear power plants.
Ningbo-Zhoushan port posted a container volume of 3.18m teu in March, an increase of 4% year-on-year.
Cosco Shipping Lines has launched a Kuantan-Port Klang land-sea service linking the east and west coasts of Peninsula Malaysia.
PSA International announced it has completed the acquisition of integrated supply chain logistics outfit BDP International.
Singapore has started development of an API marketplace, OCEANS-X, to facilitate data exchange.
APM Terminals CEO Morten Engelstoft has chosen to retire and will be succeeded by the firm’s COO.
Shanghai has extended its lockdown and the world’s largest container port has taken using more river and sea transport to bring boxes to terminals.
