Bill Gates vacations on $330m yacht

These days, Microsoft founder Bill Gates is more concerned with helping to save the world than creating…

Overcapacity ‘will continue to cap freight rate gains’

Improving volumes made up for a “mixed” freight rate picture in the first half of the…

US box imports to reach record high in August

Container imports to the US will set a new record this month as retailers build up…

Maersk Supply Service to focus on AHTS and subsea vessels

Maersk Supply Service, part of Denmark’s AP Moller-Maersk Group, has embarked on expanding its new building…

APM Terminals invests to expand Turkish trade

APM Terminals Izmir has selected ZPMC as the provider of the most efficient and safest cranes…

Suez, Panama canal competition will open options to container carriers

The competition between the Suez and Panama canals are more likely to benefit big boxships than…

China looks to Greece to jointly develop Africa trade

China’s ambassador to Greece has joined the increasing clamour for developing closer ties between Beijing and…

Rotterdam forced to take action as cargo disruption escalates

The Port of Rotterdam has been forced to undertake a number of measures to help alleviate…

Italy to ban large cruise ships from Venice lagoon

Big cruise ships will be barred from Venice’s Saint Mark’s lagoon, to protect Italy’s floating city…

ExxonMobil begins drilling in Arctic despite Western sanctions on Russia

U.S. oil giant ExxonMobil began drilling in Russia’s Arctic on Saturday, despite Western sanctions imposed on…

James Cameron’s ‘Deepsea Challenge 3D’ documentary released

In March 2012, film director James Cameron became the first person in history to solo dive…

CMA CGM slams surcharge on Cameroon port as vessel waiting time hits 28 days

CMA CGM is imposing a US$900 per TEU congestion surcharge from 31 August on North American…