DP World in 30-year Tartus redevelopment deal 
DP World has signed a 30-year concession with Syria’s general authority for land and sea ports for the modernisation of the port of Tartus. The USD 800 million project aims to restore Tartus as a regional trade hub connecting Southern Europe, the Middle East and North... more
Singapore tops index for twelfth year
Singapore has retained its top position in the 2025 Xinhua-Baltic International Shipping Centre Development Index, marking twelve consecutive years at the summit. Scoring 99.50 out of 100, the city-state is recognised for its strategic location and strong maritime... more
Intermodal sector set for global growth
According to a recent report by Research and Markets the global intermodal sector is expected to increase significantly, reaching USD 96.4 billion by 2034, up from USD 28.3 billion in 2025, representing an average annual growth rate of 14.6%. Growth drivers include e-commerce,... more
MyCrane adds live-auction tool
MyCrane has introduced a new live-auction feature on its digital crane rental platform, aiming to reduce costs and speed up procurement. The tool supports multiple formats, including reverse auctions, allowing customers to receive real-time bids from verified suppliers. The... more
Australia urged to lead on green shipping fuels
Australia has the potential to become a leading producer of green shipping fuels, according to a keynote address at the Maritime Decarbonisation Summit delivered by Rod Sims, the chairman of the Superpower Institute (TSI), in Melbourne recently. Backed by the IMO’s... more
Leadership change at the Swedish Club in Hong Kong
The Swedish Club, a mutual marine insurance company founded by shipowners in 1872 and owned and controlled by its members, has appointed Julia Ju (pictured) as the new chief executive and area manager of its Hong Kong branch, with effect from 1 October 2025. She’ll succeed Lars... more
Globe Air Cargo Switzerland wins Thai Airways GSSA deal
Globe Air Cargo Switzerland, a subsidiary of the ECS Group, has secured a GSSA contract with Thai Airways with effect from 1 August 2025. The agreement covers daily flights from Zurich operated with Airbus A350 and Boeing B787 aircraft, connecting Switzerland to Bangkok and... more
Joint Mol / Kinetics floating data centre project
The Japanese shipping line Mitsui O.S.K. Lines (Mol) has has entered into an agreement with Kinetics, a subsidiary floating power leader Karpowership, to jointly develop a floating data centre platform. The two firms will collaborate to design, construct and deploy a floating... more
WA commits AUD 204 million to ports 
The government of Western Australia is investing AUD 204 million in the federal state’s ports in its 2025–26 budget. The port of Fremantle will receive AUD 88 million for wharf strengthening and AUD 20 million for a new tug facility. Regional upgrades include AUD 35 million... more
ATC secures HALO loan for freighter expansion
AeroTransCargo (ATC) has secured a senior loan facility from Halo AirFinance to support engine procurement and aircraft expansion for its Boeing 747-400 fleet. Halo is a joint venture between GA Telesis and the Tokyo Century Corporation. The financing will cover engine... more