The UAE-based global port operator, DP World has made an offer to the African-focused logistics solutions provider, Imperial Logistics, to acquire all outstanding shares of the company for US$4.6 per share, which translates to a total of US$890 million. The potential acquisition will enhance DP World’s capabilities, particularly in Africa, building on its infrastructure of […]

Maersk has announced it will continue not to accept any Iranian-owned containers on its vessels, applying potential fines and penalties in such cases, in a decision which is effective from 2020. “Potential fines and penalties apply to all parties, including you, who facilitate the transit of Iranian-owned containers,” highlighted the Danish carrier, which noted that Iranian […]

The Port of Long Beach (POLB) has seen a growth of 20.3% in total container volumes of June, compared to the same month last year, handling 724,297TEU. In particular, imports increased by 18.8% to 357,101TEU, while exports saw a slight decrease of 0.5% to 116,947TEU. At the same time, empty containers totalled 250,249TEU, presenting a […]

“Dockers never stopped,” highlighted Terje Samuelsen, European Transport Workers’ Federation (ETF) Dockers Section Chair, and Berardina Tommasi, ETF Policy Officer for Dockers. The Covid-19 pandemic showed the vital importance of dockers to our society. Dockers have a key role in the supply chain – without port workers, the essential goods and medical supplies would have […]

2M Alliance of Maersk Line and Mediterranean Shipping Company (MSC) will implement a blank sailing in its AE55/Griffin service due to the current challenging market situation generating global port congestion and schedule delays across the supply chain. “These accumulated delays are currently causing gaps with the line-up and resulted in Asia departures been spread apart […]

Yang Ming is reportedly planning to join the current newbuilding “arms race”, as it seems to be involved in orders of new container ships, while the company’s last orders were back in 2018. The Taiwanese container line had not embarked, until now, on any newbuilding spree like almost all its peers, amid the unprecedented rise […]

The government of Bangladesh has formed a taskforce to take measures to immediately resolve the problems presently the shippers are facing in shipments of outbound containers from Chittagong. The taskforce was formed at a meeting held on 7 July among shipping ministry officials, shippers and other stakeholders including the Chittagong Port Authority (CPA). Representatives from […]

A fire broke out in a container within a boxship anchored in DP World’s Jebel Ali Port in Dubai yesterday, on 7 July, according to Dubai Media Office (DMO). A Dubai Civil Defense team went immediately on the fire field to put out the blaze and after 40 minutes fire was brought under control, with […]

Brunei’s main container terminal, Muara Port, has embarked on expansion works, which are expected to double the port’s annual handling capacity to 500,000TEU by 2023. The construction is expected to start in the second quarter of 2022 with completion targeted in the third quarter of 2023. “A masterplan for the port expansion is being finalised […]

Ever Given, which blocked the Suez Canal in late March, has begun its journey from the Suez Canal to the Port of Rotterdam after more than three months. Following a formal agreement between the owners and the insurers of the 20,388TEU vessel and the Suez Canal Authority, the ship has been allowed to leave the […]