Panama Canal Authority increases daily slots and maximum draft

Further evidence that the worst of the El Nino-led drought is over in Central America came yesterday with an advisory from the Panama Canal Authority (ACP) announcing an increase in booking slots and maximum allowable draft. The ACP will gradually allow up to 32 ships through per day, compared with a limit of 27 announced […]

Boeing Makes its Largest Purchase of Blended Sustainable Aviation Fuel

Boeing [NYSE: BA] is buying 9.4 million gallons (35.6 million liters) of blended sustainable aviation fuel (SAF) to support its 2024 U.S. commercial operations, reducing its carbon emissions and working to help grow the supply of the fuel globally. This is the company’s largest annual SAF purchase, more than 60% higher than its buy in […]

Ukraine War Enters New Phase With Oil In The Crosshairs

Russia and Ukraine may have struggled to shift things significantly on the battlefield for more than 16 months, but a new phase of the war is moving the needle in a way that’s having wider repercussions.Both sides are now targeting energy assets to hit their enemy’s economy, and the collateral damage is showing up in […]

Apollo in the Spotlight: Khalil Chouaib

For the newest edition of our Apollo member interview, we sat down with Khalil Chouaib from Nouakchott, Mauritania. We discussed the challenges that come with his country’s infrastructure, the stressful nature of the logistics industry and the importance of transparent communication with clients. How did you get started in the logistics industry and what has your journey […]

Colombia, Brazil and Mexico break all-time records in passenger traffic in February

In February, 38.5 million passengers were mobilized to, from and within Latin America and the Caribbean, 13.4% higher vs. the same period in 2023. Growth was evident in all segments: Domestic market experienced an 8.6% increase, reaching 19.7 million passengers carried. International market grew by 19%, amounting to 18.8 million passengers.“February 2024 set a milestone […]

Freightify Appoints Claus-Robert Heinze as SVP Enterprise Product & Professional Services

Singapore, 15th April 2024 Freightify, the Sequoia-funded Singapore-headquartered software-as-a-service companyleading in ocean rate discovery and rate management for freight forwarders globally,proudly announces the appointment of Claus-Robert Heinze as the new SVP EnterpriseProduct & Professional Services. With a commitment to developing infrastructure andintelligent freight tools, Freightify welcomes Claus to lead the charge in providingintuitive solutions to […]

TEST INTERVIEW

After DHL withdrew from the race of DB Schenker’s acquisition last week, Danish shipping company DSV appeared to be the sole remaining candidate to proceed with the purchase. However, another player claims it’s still here and ready to ‘disrupt’ the process. According to Maersk’s CEO Vincent Clerc, his company is still examining buying the German […]

Maersk unveils novel way ships can deliver fresh water to parched ports

Three Maersk employees, all former seafarers, have come up with a system to deliver fresh water from vessels to ports. The project optimises an existing fresh water generation system onboard container vessels to further store and deliver it in tank containers to ports and regions facing scarcity of fresh water. Fresh water scarcity is an […]

Samsung Returns to FMC with Complaints Against OOCL and COSCO

The U.S. division of consumer electronic giant Samsung Electronics has returned to the Federal Maritime Commission for the third time filing additional complaints related to service failures from carriers and what it calls unreasonable and excessive charges. The latest filings made at the end of last week are against Orient Overseas Container Line (OOCL) and […]

Operail Finland sale was 12 million Euro ‘gift’ to Finnish business

Estonia lost 12,3 million euros with the sale of the Finnish branch of Operail. Last year it sold Operail Finland, the former name of the subsidiary, to Nurminen Logistics. Estonia sold the subsidiary at a price below its fair value, leading to allegations of a secret sale. As part of the privatisation of Operail, Estonia […]