Last-minute dash for P&I renewals as 20 Feb noon deadline strikes
This year’s P&I renewals season was more fraught than most, with a range of factors complicating the mutual insurance sector’s frenetic first weeks of 2023.
Maersk and Mawani team up on logistics in Jeddah
Maersk and the Saudi Ports Authority (Mawani) broke ground last week on an integrated logistics park at Jeddah Islamic Port.
Cosco Shipping starts operation of Guangzhou logistics centre
Cosco Shipping has opened up a new sea & air logistics centre in Guangzhou to further improve its modern logistics service ability.
Freight forwarders spend 80% of their time fixing problems
Freight forwarders and NVOCCs spend up to 80% of their time manually solving problems with low-tech container operations processes, according to one logistics platform.
Walmart, Target, and Home Depot targeted over shipping emissions
Retail giants Walmart, Target, and Home Depot have been highlighted as the top brands for shipping pollution into the US and urged to use zero-emission vessels that currently don’t exist.
Hong Kong investing $2.5m to promote maritime services sector
In his budget speech on Wednesday Hong Kong Financial Secretary Paul Chan said with Hong Kong’s position as a prominent international maritime centre they were committed to raising the industry’s competitiveness.
