AD Ports Group, an enabler of global trade, logistics, and industry, has unveiled a new blueprint titled, “Building Human-AI Teams: AD Ports Group's Blueprint for Tomorrow's Workforce,' outlining how the Group is leveraging Artificial Intelligence (AI) to transform port and logistics operations…
Konecranes has signed a wide-ranging service agreement with Meyer Turku shipyard in Finland for the maintenance and optimization of approximately 200 cranes.The service agreement covers smaller units handling just 63 kg to a massive 1,200-tonne Goliath gantry crane…
The Trump administration said on Thursday it would pursue negotiations with China over its dominance of shipbuilding and ocean logistics as it formalized plans for a one-year pause on U.S. port fees on China-linked vessels as part of a broader deal to reduce trade tensions…
Damen Shipyards Group unveiled the latest platform in its cargo vessels portfolio: the Combi Freighter (CF) 5000 ICE, the first in a new series of ice class cargo vessels.“Our aim has been to leverage the experience and the success we’ve enjoyed…
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's…
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's…
HII appointed Tim Taylor as vice president of engineering, technology and design at its Newport News Shipbuilding division.Taylor, a U.S. Navy veteran, has served NNS for 29 years in positions of increasing responsibility, including work control…
The U.S. and China agreed on Thursday to pause tit-for-tat fees on each other's ships that became a major irritant in the broader trade war between the world's two largest economies and pushed up ocean freight costs.The move provides a 12-month reprieve on an estimated $3…
Danish shipping company Maersk said on Thursday its APM Terminals unit may invest around $2 billion in the Pipavav Port in western India.Maersk said in a statement it had signed a memorandum of understanding with the Gujarat Maritime Board on increasing capacity at the port…
DP World has pledged to invest an additional $5 billion in India to strengthen its integrated supply chain network, which supports both exports and domestic trade. This is in addition to the $3 billion that DP World has already invested in India over the past three decades…
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