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Ports & Logistics

Stay informed with the latest news, analysis and market insight from the ports and logistics sector through our expert coverage

Turkish port halts operations after earthquake

An earthquake has hit Türkiye’s southeast and parts of the Mediterranean coast, causing Iskenderun port to stop operations

Turkey Ports and Logistics

Maersk faces ‘crunch year’ for integrator strategy

In 2016, Maersk bet the farm on a new model of container shipping that focused on integrating logistics into its core offer. The strategy now faces a stress test as the market heads in to the first major downturn since then, and Maersk seeks to go it alone outside the alliance model

Europe Denmark

DP World wins bid to develop container terminal in India’s Deendayal port

The approximately 155-acres terminal will have a capacity of 2.19m teu and will increase DP World’s capacity in India to 8.19m teu

Containers DP World

Adani Ports shares and bonds under pressure following short seller’s report

Adani Ports-led consortium officially took over Haifa port in Israel earlier this week

India Israel

DSV lowers earnings expectations as market cools

An unclear macroeconomic outlook and the unwinding of pandemic disruptions have led DSV to lower its outlook for 2023. But lower valuations could make room for more merger and acquisition activity

Denmark Containers

Maersk partners with Ashdod’s tech incubator

Agreement will allow Israeli start-ups participating in Ashdod Port’s tech accelerator to be considered for pilot projects in North America

Israel Ports and Logistics

West coast labour negotiations still stuck over Seattle strife

Lloyd’s List understands that talks are still at an impasse over a jurisdictional issue involving two rival unions

United States Containers

Consumers hold the key to container demand

Consumer demand was artificially boosted during the pandemic. As it normalises and inventory levels are wound down, freight demand will remain weak

International Containers

Chinese automaker revives domestic shipyard for PCTC orders

Deal illustrates the rising interest among China’s car manufacturers to take control of vessel capacity, despite concerns about their lack of expertise in the shipping sector

Asia Pacific Ports and Logistics

Kirby expects favourable market conditions in 2023

Both of Kirby’s business segments reported year-on-year improvements in the fourth quarter, and chief executive and president David Grzebinski expects continued growth in 2023

United States Finance

Valencia box volumes decline as market cools

Competition from other Mediterranean ports is taking its toll on Valencia’s transhipment volumes. Exports were down and import growth was insufficient to make up for the losses

Europe Spain

Trade lane premiums start to normalise

Following the disruption of congestion and high demand, freight rates have fallen. The premium on US east coast cargoes is now back to pre-pandemic levels

International Containers
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