Bangladeshi breakers lead the way, followed closely by recyclers in Pakistan, but they are bidding on low-quality units with components already removed, poor steel, corroded ballast tanks and permanent ballast., according to GMS, the world’s largest cash buyer of...
Growth in empty repositioning since 2019 had seen an increase of 20% in terms of teu moved in 2023 compared to four years ago, but also the growth in full containers has increased globally by 2.5%, with an 8% increase in teu miles, according to one analyst using...
“We’re announcing an investment for the construction of a new agro-industrial port in Timbues, on the Parana River,” presidential spokesperson Manuel Adorni told a news conference, referring to a town some 50 km north of the city of Rosario,” Reuters...
The company said the increase in consolidated volume was mainly due to the contribution of Manila North Harbour Port, Inc. (MNHPI) in Manila, improvement in trade activities, and new services at certain terminals. But volumes were impacted by the...
The appeal comes after three seafarers were killed when bulk carrier True Confidence was struck by a missile in the Red Sea on March 6. “We believe it is time for those shipowners who are continuing to transit through the Red Sea to reassess the necessity...
South Africa’s ports operator Transnet reports it is moving forward with a fleet renewal program as part of an overall effort to tackle the perennial challenges of inefficiencies that have placed the ports at the bottom of international rankings and led to massive...
