International Container Terminal Services (ICTSI) has reported a net income of $751.56 million for the first nine months of the year (9M), 19% up on the $632.58 million earned in the same period last year. This rise in earnings was reflected in a 16% increase in revenue, which grew from $2.01 billion in 2024 to $2.34 billion in 2025. ICTSI handled consolidated volume of 10,687,128 twenty-foot equivalent units (TEU) in the first nine months of 2025, 11% higher than the 9,604,127 TEUs handled in the same period in 2024.   ‘The volume growth was mainly due to improvement in trade […]

T&E analysis of official EU monitoring, reporting and verification (MRV) data shows that EU shipping emissions hit the highest levels in 2024 since the EU implemented mandatory reporting in 2018, with the NGO identifying MSC as ‘the most polluting shipping company in the EU.’ EU shipping emissions grew last year in spite of a downturn in EU-related trade which caused changes to vessel routing in response to hostilities in the Red Sea region. Container ships were identified as the main drivers of increased emissions with a 46% increase. According to T&E, ‘this is likely explained by an 18% increase in […]

The Port of Tanjung Pelepas (PTP), in Malaysia, and Australia’s Port of Melbourne have agreed to cooperate on decarbonising port operations, developing alternative fuel infrastructure and improving workforce inclusivity. The Memorandum of Understanding (MoU) provides for joint efforts on research and development and the exchange of best practices to reduce maritime emissions and improve operational efficiency in ports. The two ports have also agreed to collaborate on alternative fuels, including infrastructure development, policy alignment and knowledge-sharing. Malaysia is ranked as the Port of Melbourne’s fourth-largest source of container imports and fifth-largest export destination. ‘As we mark 25 years of PTP’s […]