Antonis Karamalegkos
CMA CGM acquires major LA terminal for US$2.3 billion
CMA CGM Group has signed an agreement to buy a 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles, currently held...
ZIM Kingston is now stable, search for more than 100 missing containers continues
ZIM Kingston, which suffered a fire incident and lost 109 containers off the Canadian Coast on 22 October, is stable and an initial transit...
Cosco Shipping announces new chairman
Wan Min is now the chairman of the largest shipping company in the world, China Cosco Shipping Corporation Limited.
The Chinese shipping giant has appointed...
Potential impact of China’s power crisis on the supply chain industry
The largest container carrier in the world, Maersk Line has warned about the potential impact of the electricity challenges in China on the supply...
More than 100 containers fell from ZIM Kingston
The initial estimations about the number of lost containers in the ZIM Kingston accident were unfortunately wrong with the overall number of missing boxes...
ZIM Kingston fire under control, firefighters on board to eliminate remaining hot spots
Following the permission by the Canadian Coastguard, all the firefighters and seven members of the crew have now boarded the 4,253TEU ZIM Kingston, which...
COSCO raises its Piraeus stake to 67%
COSCO Shipping has increased its stake in the Piraeus Port Authority (PPA) by 16%, after an exchange event for the Letter of Closing II...
Fatal accident at Piraeus Container Terminal
A 45-year-old worker passed away at Pier II of the Piraeus Container Terminal in Greece after he was fatally hit by a container crane.
According...
Technical experts and firefighters on board ZIM Kingston
Greek vessel owner Danaos Shipping, which owns the 4,253TEU boxship ZIM Kingston, received permission by the Canadian Coast Guard to allow the boarding of...
ZIM Kingston caught fire after container lost off the Canadian coast
The 4,253TEU boxship, ZIM Kingston, which is chartered by ZIM and owned by Danaos Shipping, suffered a severe fire incident on Friday, 22 October,...
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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...
