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UPS adjusts to a changed macroenvironment

The two-year transformation of UPS Inc., summarized by CEO Carol B. Tomé in her now-familiar mantra of “better, not bigger,” has played out amid...

Disabled bulk carrier several days drifted in Taiwan Strait

Bulk carrier OCEAN AMAZING suffered engine failure early Apr 15 in Taiwan Strait off Taichung, Taiwan, while ballasting from Ningbo to Manila, and started...

The latest shipping update on Ukraine, Black Sea and Turkish Straits

As of 08:00 25.04.22: entrance / exit to the ports of Mykolaiv, Olvia, Odessa, Chornomorsk, Pivdennyi, Ust-Dunaisk closed. Izmail, Reni, Ust-Dunaisk are handlingvessels...

Antwerp sees strong dry bulk growth

Port of Antwerp's total freight throughput amounted to 58.3 million tons in the first quarter, a decrease of 1.5% compared to the same period...

MSC’s Vago: Cruise ‘Future Is Bright’

MSC Cruises Executive Chairman Pierfrancesco Vago said the future is bright for the cruise industry, and predicted a 2023 return to 2019 passenger levels...

Port Congestion – A Q1 review of the number of Dry Bulk Vessels

For the first quarter of this year, the average number of vessels in waiting and operating status at worldwide ports fetched almost 4700 vessels,...

CHAMP Cargosystems launches API Partner Program for Cargospot

CHAMP Cargosystems has launched an API Partner Program to promote collaboration around its flagship product -- Cargospot. Cargospot APIs are being adopted heavily by...

Arnold Donald steps down from Carnival Corporation roles

Arnold Donald is to step down from his role as president and CEO of Carnival Corporation from 1 August, to be replaced by current...

Carriers on course for a $300bn profit as Maersk hikes guidance by $6bn

Ocean carriers are set to smash all previous earnings records in the first quarter, and are on course for colossal full-year profits of $300bn...

Eid Al Fitr Holidays Schedule at Abu Dhabi Terminals, Khalifa Port

Abu Dhabi Terminals working hours during Eid Al Fitr holidays will be as follows: (1) Administrative Departments: will be closed from Monday 2nd May,2022 until...
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