Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Sharp decline in container line profits

  After two very profitable years for the global container shipping lines, the market has shifted dramatically downwards, according to the latest report by Sea-Intelligence. While the fourth quarter of 2022 gave a first glimpse of what was transpiring, the first quarter of 2023 was the first quarter where the carriers’ operating profits took a

Read more »

WTO sees turnaround in global trade in goods

  Global goods trade showed signs of a turnaround in the second quarter of 2023, driven by strong automobile production and sales, but further upward momentum in Q3 and beyond may be limited as long as export orders remain weak, according to the latest Goods Trade Barometer issued by the World Trade Organization (WTO) in

Read more »

STG Logistics expands its intermodal network in Canada 

  Illinois-based STG Logistics announced that it will expand its intermodal network by providing service into and out of the following Canadian markets: Vancouver, Calgary, Edmonton, Winnipeg, Moncton, and Halifax. These additions will complement the company’s current Canadian services in the Toronto and Montreal markets. STG Logistics will utilize its fleet of 15,000 GPS equipped

Read more »

Corvus awarded battery supply for the world`s largest battery electric ship

  Norway-based Corvus Energy, a leading provider of zero-emission solutions for the maritime industry, has announced that the company has been selected by technology group Wärtsilä to supply the battery systems for the world`s largest 100% electric lightweight Ro-Pax ferry. The battery systems are scheduled for delivery end of 2024 and the vessel will enter

Read more »

Revolution Wind receives federal record of decision

  Revolution Wind has announced receipt of its Record of Decision (ROD) from the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM), successfully reaching a major milestone in the federal environmental review process for the offshore wind project serving Rhode Island and Connecticut. With this milestone, Revolution Wind remains on track to

Read more »

Port of Baltimore welcomes biggest containership to visit Maryland

  The Helen Delich Bentley Port of Baltimore has welcomed the largest container ship ever to visit Maryland with the arrival of the Evergreen Ever Max at Seagirt Marine Terminal on August 19. The vessel weighed 165,350 tons and has the capacity to handle 15,432 Twenty-foot Equivalent (TEU) containers. Maryland’s Port is capable of accommodating

Read more »