Signing contracts for US$49.3M, PIS (Pertamina) now sails across 26 international routes
PT Pertamina International Shipping (PIS), through its branch office in Dubai, PIS Middle East (PIS ME), has achieved another success by simultaneously signing four business…
Cargo airline Western Global reaches bankruptcy financing deal
Western Global Airlines LLC has reached a deal with creditors that would allow the cargo carrier to keep operating while it reworks its debt load…
Hellmann Supervisory Board appoints Drewes as CEO and successor to Heiken
Upcoming leadership change at Hellmann: With effect from August 2024 the Supervisory Board appoints Jens Drewes as CEO and successor of Reiner Heiken
Cushman & Wakefield arranges sale of single-tenant industrial building in Tolleson, AZ for $8.3 million
Stonelake Capital Partners acquires freestanding asset in sought-after Southwest location
Port Freeport announces new Environmental, Social, Governance and Sustainability Committee
On June 22nd, Chairman Ravi Singhania, announced the formation of a new Environmental, Social, Governance, and Sustainability (ESG&S) Committee of the Port Commission.
CMA CGM Overweight Surcharge - Dry cargo from Asia to East Africa
CMA CGM wishes to inform its customers of the following Overweight Surcharge (OWS):
CMA CGM paints gloomy outlook as profit plummets
CMA CGM SA sketched out a sombre outlook for the shipping industry, with the world’s third-largest container line saying freight rates remain weak and a…
Shipping industry disruption: How Yellow’s bankruptcy puts pressure on businesses
“After last month saw the US narrowly avoid a national UPS strike, it’s no secret it’s been a turbulent time for the shipping industry.
China curbs drone export after US says it aids Russia war effort
China slapped restrictions on the export of drones and certain components used in their manufacture, a move that could hurt production abroad of the aerial…
Indonesia’s EV mission will be trickier than just mining nickel
Southeast Asia’s biggest economy wants to use its booming battery-metals sector as a springboard to become a global player in electric vehicles.
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