Heavy RTC

Hapag-Lloyd has raised its earnings outlook for 2024, driven by stronger-than-expected demand and improved freight rates despite rising operational costs.

Grace Ocean and Synergy Marine will pay nearly US$ 102m to settle claims for costs related to the Francis Scott Key Bridge collapse.

APM Terminals Maasvlakte II has revealed a massive order for up to 71 Konecranes AGVs to support its capacity expansion project at the Port of Rotterdam.

COSCO SHIPPING Ports has acquired 12.5% and 30% stakes in Thai Laemchabang Terminal and Hutchison Laemchabang Terminal for US$ 110m.

CUPE 375 has issued a 24-hour strike notice from 7 a.m. Sunday, 27 October, affecting all operations at the Port of Montreal.

Konecranes reported a net profit increase of over 40% year-on-year for both the third quarter and year-to-date figures, driven by strong performance in its service and port solutions segments.