Hapag-Lloyd and India Sign Letter of Intent on Maritime Cooperation
Hapag-Lloyd and the Government of India have signed three Letters of Intent (LOI) to deepen maritime cooperation and support the development of India’s shipping and logistics sector. The agreements, signed in Mumbai, establish a framework for collaboration in ship reflagging, sustainable ship recycling, and infrastructure development. This partnership aligns with India’s ambitions to enhance its […]
New York/New Jersey to Replace PATH Fare Gates with Next-Generation Equipment
The Port Authority of New York and New Jersey has initiated planning to replace the current PATH fare gate system with state-of-the-art equipment. This modernization project is a key component of the newly approved 2026-2035 Capital Plan, which allocates record funding for regional infrastructure. The transition to next-generation gates follows the successful rollout of the […]
APM Terminals Lázaro Cárdenas Launches Phase II and Announces Major Phase III Investment
APM Terminals Lázaro Cárdenas has officially inaugurated the Phase II expansion of its container terminal in Mexico and announced the immediate commencement of Phase III construction. Supported by a new investment exceeding USD 350 million, this growth strategy aims to strengthen the port’s logistics capacity and its role as a strategic regional trade hub. The […]
Wallenius Wilhelmsen Strengthens Position in 2025 Annual Report
Wallenius Wilhelmsen delivered a solid financial and operational performance in 2025, reporting a net profit of USD 1,104 million from total revenues of USD 5,240 million. Despite a complex operating environment and shifting trade patterns, the company strengthened its contract portfolio and maintained a core focus on safety and responsible operations, recording no serious accidents […]