Baltic index hits over 1-month high on stronger vessel rates
Dec 14 (Reuters) – The Baltic Exchange’s main sea freight index rose to its highest in more than a month on Monday, supported by higher...
Category : Freight
South Africa Logistics Market Outlook Report 2018-2023E
Dublin, Dec. 14, 2020 (GLOBE NEWSWIRE) — The “South Africa Logistics Market Outlook to 2023 – by Sea, Land, Air Freight Forwarding; International and Domestic...
Russia reveals plans for building a fleet of commercial autonomous vessels – ShipInsight
Russian developer of autonomous navigation system, Kronstadt Technologies, has signed two agreements with domestic owners, Morspetsservice and MT-Group, on equipping modern cargo-and-passenger ships with appropriate...
Scan Global is in talks with two acquisition targets
Scan Global Logistics could soon present one or more new acquisitions. In an interview with ShippingWatch, Allan Melgaard, chief executive of the Danish logistics company,...
Saudi Arabia Automotive & Spare Parts Logistics Market is expected to reach about USD 2,241 Million in terms of Revenue
Automation in Saudi Arabia Cover Page Automation in Saudi Arabia Infographic Government of Saudi Arabia is working on new multi-mode logistic stations, two new railway...
Stena Line doubles frequency and capacity on Rosslare – Cherbourg route
Stena Foreteller (Image Courtesy: Stena Line) Stena Line has announced that it will add an additional freight-only vessel to its Rosslare to Cherbourg route from...
International Freight Costs Soar as Container Shortage Takes Its Toll
Global shipping prices have been on the rise since the third quarter of this year, with the ongoing shortage of shipping containers continuing to worsen....
Container port congestion could lead to price rises
A rebound in demand for consumer goods around the world has led to multiple delays at container ports. Freight rates have risen from 12 to...
Over 6,000 counterfeit masks destined for Jamaica seized in US
More than 6,000 counterfeit masks which were destined for Kingston, Jamaica from Hong Kong, were intercepted by United States Customs and Border Protection (CBP) officers...
Korea Ocean Business Corp. to Become a Ship Lessor
Korea Ocean Business Corp. will be turned into a shipowner company to lend ships to South Korean shipping companies. The Ministry of Oceans and Fisheries...