International Container Terminal Services Inc (ICTSI) handled consolidated volume of 12.75 million teu in 2023, 4% more compared to the 12.21 million teu handled in 2022.
Kotug International has concluded its acquisition of Kotug Seabulk Maritime (KSM), taking full ownership of the Caribbean marine towage business.
Container rate negotiations on the Transpacific are about to begin in earnest, but Xeneta believes shippers and carriers both have strong hands and that will make discussions long and complex.
Frontline recorded a profit of $656.4 million in 2023, a year marked by its purchase of much of the Euronav fleet after a tense stand-off.
Jumbo Shipping and SAL Heavy Lift are teaming up with US-based multipurpose and liner operator Intermarine to establish the new JSI Alliance.
The Liberian Registry, the world’s largest shipping registry in tonnage, has a team on focused energy transition and reaching net-zero GHG emissions.
DHT Holdings has ordered four VLCCs at Korean yards with surprisingly early delivery dates in 2026.