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Record TEU Volume Achieved by Port of New York and New Jersey in Q1 2024
The Port of New York and New Jersey has marked a significant milestone in the first quarter of 2024, surpassing 700,000 TEUs in March...
COSCO Launches the World’s Largest Electric Container Ship, the Green Water 01
COSCO Shipping, a major Chinese state-owned shipping and logistics services supplier company, has unveiled the "Green Water 01," proclaimed as the world's largest river-to-sea...
Maryland to Receive $350M Insurance Payout Amid Rising Container Prices Post-Bridge Collapse
Maryland is set to receive a $350 million insurance payment from Chubb for the collapse of the Francis Scott Key Bridge, a sum that...
Port of Baltimore Recovers: Container Ship Movements Resume Post-Collapse
Following the dramatic collapse of a bridge at the end of March, the Port of Baltimore has made significant strides in resuming normal operations....
Advancing Maritime Technology: The Path to Autonomous Shipping
Major shipping firms are currently testing autonomous vessels, highlighting a significant shift towards autonomous maritime technology. Despite successful trials, such as a 13-hour autonomous...
Hapag-Lloyd Launches “Live Position” for Real-Time Container Tracking
Hapag-Lloyd, a renowned global shipping company, has introduced a groundbreaking container tracking device named "Live Position," marking a significant advancement in logistics technology. This...