Category Archives: News

CMA CGM declares a force majeure for Port of Baltimore shipments following the Francis Scott Bridge collapse caused by the containership Dali. Following the terrible accident with

Cyprus’ Business Turnover Index in Transportation and Storage reached 143.1 units in the fourth quarter of 2023, with 2015 being the base year, reflecting a 6 per cent

container shipping

The container shipping sector experienced a significant collapse in freight rates in 2023, impacting the top ten container shipping companies more severely and rapidly than anticipated. This

the red sea

Due to the Houthi rebels’ ongoing attacks, the Red Sea—a crucial route for East-West trade—is experiencing unparalleled volatility. This has resulted in higher fuel and insurance prices,

May the Christmas season bring more success and achievements in your life. Have a safe and great holiday. Merry Christmas and Happy New Year!

Olvi Forwarding Ltd, a Cyprus-based forwarding company, has recently announced the opening of its new branch in Hong Kong. This expansion marks a significant milestone in the

sustainable logistics

David de Picciotto from Pledge offers his thoughts on 2024 sustainability trends in freight forwarding. Global logistics is responsible for 11% of the world’s emissions, but the industry

The International Conference “Maritime Cyprus 2023” took place between 9-11 October 2023 in Limassol, organised by the Shipping Deputy Ministry in cooperation with the Cyprus Shipping Chamber

Geographic location The shipping container leasing market is heavily influenced by location.The location of containers is a major factor in the fluctuating nature of leasing rates. Rates

It is well known that Chinese New Year, the biggest festivity of the year in the country, creates a certain level of turbulence in the supply chain.