Antonis Karamalegkos
SITC revamps intra-Far East coverage
Hong Kong-based shipping line SITC has announced the revision of its Japan/China-Philippines network.
SITC decided to add the new CPX4 service and change the existing...
MSC shortens intra-Far East service
Swiss/Italian ocean carrier MSC has decided to drop Tanjung Pelepas, Subic Bay, Manila and Shanghai from its intra-Far East Origami service, according to DynaLiners.
Additionally,...
DP World reports improved financial results for 2024
DP World Limited recorded revenue of US$20 billion in 2024, marking a 10% growth compared with the previous year, while adjusted EBITDA rose by...
ZIM bounces back to profit after 2023 losses
Israel-based container carrier ZIM reported total revenues of US$8.43 billion for the full year of 2024, compared to US$5.16 billion for the full year...
Yang Ming records US$2 billion in annual net profit
Taiwan's major ocean carrier Yang Ming Ming reported consolidated revenues of US$6.94 billion and a net profit after tax of US$2 billion, resulting in...
North Sea Accident: Container Ship Captain Arrested
The captain of the Portuguese-flagged container vessel Solong, which was involved in a collision with the tanker Stena Immaculate in the UK North Sea...
North Sea ship collision leaves seafarer missing, raises chemical spill fears
US-based logistics company Crowley, the operator of the tanker Stena Immaculate, confirmed the vessel involvement in a North Sea allision with the container ship...
Hapag-Lloyd’s HGT acquires majority stake in French port operator
Hapag-Lloyd's Terminal & Infrastructure division Hanseatic Global Terminals (HGT) has completed the acquisition of 60% of the shares in CNMP LH, the operator of...
Container ship and tanker collide in North Sea, fires reported; Emergency response underway
A container ship and a tanker collided in the North Sea, with fires reported on both vessels. The alarm was raised at 09:48 GMT,...
SM Line’s vessel loses containers in Canada due to weather rolling
SM Line-operated 4,228 TEU container ship SM Portland has reported significant cargo damage and container losses while transiting to Vancouver, Canada through the Bering...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
Wan Hai Lines debuts new Vietnam–Thailand–India direct route
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
MSC and ZIM downsize joint Far East-US East Coast service network
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
