Shipping & Logistics
Fleet movements, supply chains and global logistics updates
Wallenius Wilhelmsen Secures $420 Million Contract Extension with European Automaker
Wallenius Wilhelmsen has secured another major long-term agreement, extending its partnership with a leading European automotive manufacturer in a deal valued at approximately $420 million. Beyond providing stable business through 2031, the contract highlights how sustainability is becoming an…
Norway Invests $130 Million to Accelerate Fleet of Zero-Emission Vessels
Norway has reinforced its position as a global leader in green shipping by committing more than $130 million to build 10 new zero-emission vessels. The investment is part of a broader strategy to decarbonise domestic shipping and develop the fuel infrastructure required to support the industry’s…
AD Ports Group Unveils AI Intelligence Hub to Power the Next Era of Smart Ports
As ports worldwide accelerate their digital transformation, AD Ports Group has introduced a new AI-powered intelligence platform designed to integrate artificial intelligence into every layer of its business. The initiative reflects the growing role of AI in improving operational efficiency…
Container Freight Rates Surge as Middle East Tensions Ripple Through Global Supply Chains
The impact of the ongoing Iran conflict is being felt far beyond the Middle East. Container shipping markets are experiencing a sharp rise in freight rates as carriers grapple with higher operating costs, disrupted trade flows, and mounting congestion at key Asian transshipment hubs. With the…