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Daily Infographic: In 2021, 87% of US truck freight tonnage was shipped less than 250 miles
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The post Daily Infographic: In 2021, 87% of US truck freight tonnage was shipped less than 250 miles appeared first on FreightWaves.
King Abdullah Port expands growth with bunkering services
This partnership oversees Minerva Bunkering performing the first international bunker delivery ever carried out in King Abdullah Port.
The post King Abdullah Port expands growth with bunkering services appeared first on Ship Technology.
https://www.ship-technology.com/news/king-abdullah-port-bunkering-services/
ICTSI reports strong first half results with increased revenues, earnings and container throughput
Global port and terminal operator International Container Terminal Services, Inc. (ICTSI) achieved to increase its revenue and earnings in the first half of the year, while container volumes in its terminals have also shown a significant uptrend.
In particular, ICTSI noted a year-on-year 10% growth in its revenues, reaching US$1.16 billion in the first six months of 2023. Additionally, the Philippines-headquartered port operator increased by 8% its earnings before interest, taxes, depreciation...
China overtakes Greece as largest shipowning country
China has climbed to the top of nations rankings as the largest shipowning country in terms of gross tonnage, according to information from UK data provider Clarksons Research.
The fleet of Chinese shipowners has now reached 249.2 million GT, holding a 15.9% market share with a fleet value of US$180 billion. On the other hand, the ships of Greek vessel owners, who fell to the second place, have reached 249 million GT with a 15.8% market share and a value of US$163 billion.
“China has been more...
https://container-news.com/china-overtakes-greece-as-largest-shipowning-country/
