Singapore still best port in the world

In a new review of 15 leading maritime cities, Singapore has retained its No.1 position followed by Hamburg, Oslo, Hong Kong and Shanghai. Norwegian consulting company Menon canvassed a group of experts for their views based on five criteria: shipping centers, maritime...

MAERSK LINE boosts Triple-E fleet with order for 11 even bigger containerships

With the twentieth and final delivery of its Triple-E series of 18,270 teu ultra-large container vessels (ULCVs) due to take place this month, Maersk Line yesterday announced the next phase of its fleet expansion with an order for what will become the largest ships in...

Forwarders more upbeat about airfreight than seafreight

The Stifel Logistics Confidence Index for May indicated some improvements from April’s decline. In particular, the six-month outlook appears bright as airfreight gained 2.8 points to 63.4 and sea freight increased 2.1 points to 62.9. Overall, the total index increased...