APM Terminals in Salalah is preparing for the delivery of 12 RTGs as part of its US$ 300 million expansion project. source: https://www.worldcargonews.com/news/2024/09/12-zpmc-rtgs-bound-for-salalah-port/

A groundbreaking 27,500 TEU container ship design, setting a new world record in capacity, has been unveiled at SMM in Hamburg. A 27,500 TEU container ship design, a new world record, has been developed by China State Shipbuilding Corporation’s (CSSC) Shanghai Ship Research and Design Institute. This giant vessel, GREEN SEALION 27500, was unveiled on […]

Two workers died and at least four others were injured on Thursday morning after two mobile cranes collapsed in the northern port of Gijón, Asturias. The tragic incident occurred at the Molliner dock at approximately 11:00 am local during work to dismantle a level luffing crane operated by Ership Alvargonzález. According to Firefighting Division for […]

South Coast Logistics has secured planning permission for its groundbreaking Inland Port Terminal at Ballycoolin, Dublin. This state-of-the-art facility is the first of its kind in Ireland and will operate as an Upper Tier Seveso site, regulated by the Health & Safety Authority (HSA). The terminal will offer a comprehensive range of services, including storage […]

Since shipping companies rerouted around Africa, Suez Canal traffic has dropped 66%, causing port congestion and supply chain disruptions, Maersk reports. source: https://www.worldcargonews.com/news/2024/09/suez-canal-traffic-has-dropped-66-maersk-claims/  

A UCL Energy Institute study calls for stronger regulations linking shipping industry loans to carbon performance, as voluntary initiatives are insufficient. A recent study by the London-based UCL Energy Institute has uncovered a critical issue in green financing for the shipping industry. While banks offer cheaper loans to shipping companies with strong climate records, they […]

Watson Farley & Williams advised on a US$ 201.85 m sustainability-linked JOLCO transaction involving ONE and FPG for container leasing. source: https://www.worldcargonews.com/news/2024/09/one-inks-us201-85m-container-leasing-deal/

Port Otago’s 2023/24 financial report reveals a 30% increase in net profit, reaching NZ$ 30.4 million (US$ 19 million), driven by four core business units. source: https://www.worldcargonews.com/news/2024/09/port-otago-reports-substantial-profit/

Copenhagen-based chemical tanker owner Christiania Shipping is enlarging its fleet with the acquisition of Navquim Holding from France’s Sogestran Shipping. A share purchase agreement has been signed between the parties with an anticipated closing of the transaction within October 2024, subject to customary closing conditions, including regulatory approval. Navquim owns and operates 13 stainless steel […]