Dutch port operator APM Terminals will invest $550 million to expand Peru's Callao port starting in January, chief commercial officer for the company's Peru unit, Fernando Fauche, said on Wednesday.The two-year project aims to increase the terminal's capacity to 24,000 containers, Fauche told journalists during an event celebrating the launch of direct arrivals from Asia to the facility on Peru's central coast…
South Africa’s National Council of SPCAs (NSPCA) has welcomed a judgment delivered by the Eastern Cape Division of the High Court in Makhanda which strengthens its authority to prevent cruelty to animals during the export of live animals by sea…
“Due to low contracting volumes in 2022, the crude tanker order book/fleet ratio bottomed out at 2.8% in March 2023. It has climbed steadily since and has now hit a nine-year high of 14.1%. The order book may kickstart the renewal of a fleet that has grown older on average since 2018…
South Carolina Ports recorded 206,859 TEUs at its marine terminals in October, a 1% year-over-year dip, as fiscal year volumes remain above plan. October marked the Port's strongest month for loaded exports since June, with an 18% year-over-year increase…
Even in 2025, port congestion remains a formidable barrier to smooth global trade. Northern European terminals—including Rotterdam, Antwerp, Hamburg, and Bremerhaven—are facing their most sustained bottlenecks since the pandemic. Berth waiting times have risen dramatically: Antwerp is up 37%…
Russia, the world's largest wheat exporter, has shipped 58,000 metric tons of food-grade wheat to Mexico from its western port of Kaliningrad this year, the local agricultural safety watchdog said on Monday, a significant slowdown from 2023 and 2024…
CMA CGM closed the third quarter of 2025 with a mixed scorecard that underlines how volatile geopolitics continue to reshape global liner networks. Group results fell year-on-year, but the core shipping arm lifted liftings and stabilized sequentially…
Victoria International Container Terminal (VICT), Australia’s fully automated container terminal operated by International Container Terminal Services, Inc. (ICTSI), recently enhanced maritime connection to Asian markets through a revamped Koala service…
Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for global ocean container shipping, warns Chief Analyst Peter Sand at Xeneta. However, an immediate largescale return to the region will require a series of further assurances…
Stolt-Nielsen Limited announced that Jens F. Grüner-Hegge, the Company’s Chief Financial Officer (CFO), has decided to retire from his executive position in the second half of 2026. Alex Ng, current Vice President, Corporate Development & Strategy…
LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said.Both trains at the Shell-led project in Kitimat, British Columbia - each with a capacity of 6.5 million metric tons per annum - are now operational…
Shipping group Maersk reported better-than-expected third-quarter results on Thursday but warned falling freight rates were set to cause losses in its ocean container business during the fourth quarter, sending its shares lower.Maersk, considered a barometer of global trade…
“Following US-China trade negotiations, China has committed to resume imports of US soya beans. The country has agreed to purchase 12m tonnes during the rest of 2025 and 25m tonnes per year during the next three years, similar to 2024 volumes…
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's…
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's…
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