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Eimskip cleared as prosecutor files charges against company

The Icelandic District Prosecutor has concluded its investigation into the Chief Operational Officer of Eimskip concerning the sale of two vessels, thereby closing the case against the executive. This...

Evolution of Non-Vessel Operating Common Carrier (NVOCC)

The Non-Vessel Operating Common Carrier (NVOCC) was formally defined under the US Shipping Act of 1984 (46 U.S.C. § 40102). This legislation established the NVOCC as an entity that issues its own...

OPCSA expands hybrid RTG fleet in Canary Islands

Operaciones Portuarias Canarias S.A. (OPCSA) has placed an order with Konecranes for four additional diesel-hybrid Rubber-Tired Gantry (RTG) cranes. This order was confirmed in the first quarter of...

Circle and Setramar launch digital logistics project in Ravenna

Circle Group and Setramar Group Partner to Digitalize Port of Ravenna Operations Circle Group and Setramar Group have initiated a collaborative project aimed at modernizing terminal and logistics...

UTC Overseas expands APAC footprint with Thailand office launch

UTC Overseas has announced the launch of a new office in Thailand, a strategic move that significantly enhances its presence within the Asia-Pacific region and further propels its global growth...

COSCO receives new 80,000 DWT multi-purpose grain carrier

The 80,000 DWT multi-purpose grain carrier, “Guo Yun Hai,” has been successfully delivered following surveys conducted by the China Classification Society (CCS). Constructed by Dalian...

Document of Title doesn’t necessarily mean you have Ownership of the Goods

Navigating the complexities of global trade often presents nuanced distinctions that can challenge even seasoned professionals. A key concept that frequently causes confusion is the “Document of...

ONE announces update to East Coast South America service SX2

Ocean Network Express (ONE) has unveiled comprehensive details for its enhanced East Coast South America (SX2) service, building upon a February update. This revised SX2 service is designed to fortify...

Maersk increases ECS from Indian Subcontinent to Europe

Maersk Implements Emergency Contingency Surcharge Adjustments for Indian Subcontinent to Europe Trade Lanes Maersk has announced an upcoming adjustment to its Emergency Contingency Surcharge (ECS) for...