80% of container ships reroute Suez journey to Cape of Good Hope

[ad_1] Due to the Red Sea crisis, 354 container vessels rerouted via Cape of Good Hope, accounting for 4.65 million TEUs or 16.4% of the global fleet, according to the latest Linerlytica report. This number, which is expected to grow,...

9 January 2024

Virginia Port reaches 100 per cent renewable energy milestone

Smart Port

Virginia Port reaches 100 per cent renewable energy milestone

[ad_1] The Port of Virginia has pledged to use only sustainable energy across all of its terminals in a bid to achieve its goal of being carbon-neutral by 2040. According to CEO Stephen A. Edwards, this move builds upon the...

5 January 2024

In 2023, AD Ports Group Records a Remarkable 116% Increase in Revenue

Smart Port

In 2023, AD Ports Group Records a Remarkable 116% Increase in Revenue

[ad_1] AD Ports Group experienced a notable 116% YoY revenue growth in the first nine months of 2023, raising the EBITDA by 30% YoY and net profit by 14% YoY. Significant financial advancements such as a US$2 billion corporate facility...

4 January 2024

Nhava Sheva Port achieves record-high box volume in 2023

Articles Smart Port

Nhava Sheva Port achieves record-high box volume in 2023

[ad_1] Nhava Sheva Port in India achieved a new high in container throughput, with 6.3 million TEUs in 2023. PSA Mumbai led the pack with 2.07 million TEUs, while APM Terminals Mumbai handled 1.52 million TEUs despite capacity constraints. Nhava...

4 January 2024

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Smart Port News

80% of container ships reroute Suez journey to Cape of Good Hope

Virginia Port reaches 100 per cent renewable energy milestone

In 2023, AD Ports Group Records a Remarkable 116% Increase in Revenue

Nhava Sheva Port achieves record-high box volume in 2023

AI vs Baltic Exchange: Freight Rate Forecasting Battle

AGV Fleet Management: Optimize Port Operations with AI

Crane Failure Prediction: Save $2M with Vibration Analysis