The early months of 2022 have shown no improvement to supply chain disruption, with Clarksons Research cross-segment Deep Sea Cargo Vessel Port Congestion Index up to 31.5% in the year so far, compared with an average 30.8% in 2021.
Ocean Network Express (ONE) is expanding its current refrigerated container fleet by adding another 6,500 new reefer units, including 500 units equipped with advanced Controlled Atmosphere (CA) technology.
PSA International announced an 18.2% increase in net profit for 2021, as volumes rose 5.6% on-year.
The oldest part of the Swire Group, Swire Shipping, is celebrating its 150th anniversary this year.
DP World (Shanghai), the new China headquarters of DP World, has been registered with Shanghai Lingang new area.
Bunkering company Monjasa is expanding its Asia presence with new office in Shanghai, opening this month.