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In times when the cruise industry is struggling to survive the coronavirus pandemic, a total of 114 cruise ships, carrying 93,000 crew members, are currently in or near US ports and…
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Saudi Arabia’s decision to flood the market with crude oil at a time when demand is in doldrums amid coronavirus pandemic is about to create a massive supply-demand imbalance,…
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Port of Haifa In January 2020, Israel’s government gave the final green light for the privatization of the country’s biggest port, the Port of Haifa. Under the plan, the state wants…
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The APM Terminals Mobile facility in Alabama has handled two container ships simultaneously for the first time at its newly expanded berth. The Alabama Port Authority completed its…
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The latest geopolitical events dominated by the downfall of the global economy as a result of the Covid-19 pandemic as well as the latest oil price war have had a major impact on the industry…
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Japanese shipping giant NYK unveiled what it claims to be the world’s first onboard use of digital currency. The transaction was carried out through the MarCoPay fintech platform,…
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Poor bulker markets have pushed owners to scrap 20 Capesize bulkers so far this year against 8 in 2019, year to date data from VesselsValue shows. In total, only 27 units were scrapped…
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A new ‘AI Captain’, which will enable the Mayflower Autonomous Ship (MAS) to self-navigate across the Atlantic later this year, is to go to sea this month for testing,…
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A new ‘AI Captain’, which will enable the Mayflower Autonomous Ship (MAS) to self-navigate across the Atlantic later this year, is to go to sea this month for testing,…
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China has overtaken Germany as the biggest nation in the container shipping sector in terms of total TEU. “The fact that China would overtake us in this respect was quite foreseeable:…
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Move Express is a global transportation and logistics company, specializing in automobile, motorcycle and other cargo transportation.
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