The Suez Canal Authority (SCA) has signed a strategic partnership agreement with Anchorage Investments to build a large-scale petrochemicals complex in Ain Sokhna, northwest of the Gulf of Suez within the SCZone. The $2 billion first phase of the project will produce polypropylene (PP) from raw propane and generate hydrogen as a secondary product. The […] The post Suez Canal Authority partners with Anchorage Investments appeared first on Container News.

Yang Ming Marine Transport chairman Tsai Feng-Ming said on 23 October that US-China trade tensions have been good for the Taiwanese liner operator. Speaking at the National Association of Chinese Shipowners’ members’ meeting, Dr Tsai said: “Yang Ming hasn’t had to revamp its shipping schedules and isn’t exposed to hefty port fees in either the […] The post Yang Ming chairman says company not hit by US-China tensions appeared first on Container News.

Wärtsilä will deliver Australia’s largest DC-coupled hybrid battery system, its second in the country. The system will power up to 120,000 homes and businesses and strengthen the National Electricity Market (NEM). The order will be booked in Q4 2025. DC-coupled technology directly links solar generation with battery storage via a DC/DC converter. This reduces energy […] The post Wärtsilä to build Australia’s largest DC-coupled battery system appeared first on Container News.

Strategic Partnership Strengthens Healthcare Offerings KLN Logistics Group Limited (KLN; Stock Code 0636.HK) has announced a strategic partnership between its healthcare subsidiary, KLN Medical Limited, and Siemens Healthineers AG (Stock Code SHL.DE), a global leader in medical technology. Under this agreement, KLN Medical will serve as the exclusive distributor for Siemens Healthineers’ Point-of-Care Testing (POCT) […] The post KLN Medical becomes exclusive distributor for Siemens Healthineers in Hong Kong appeared first on Container News.

Ryder System, Inc. (NYSE: R) reported strong third-quarter 2025 results, driven by steady demand and disciplined cost control. The company earned $3.33 per share (GAAP) from continuing operations, up from $3.27 a year ago. Comparable EPS (non-GAAP) rose 4% to $3.57. Total revenue reached $3.17 billion, while operating revenue grew 1% to $2.61 billion. Free […] The post Ryder posts strong Q3 2025 results on solid growth and cash flow appeared first on Container News.