Antonis Karamalegkos
China’s CIMC buys Maersk Container Industry for US$987.3 million
The Danish container logistics company AP Moller - Maersk has signed an agreement on 27 September to sell its reefer manufacturer, Maersk Container Industry...
CMA CGM cyber attack update: Limited leak of its customers’ personal data detected
CMA CGM has announced that a limited leak of contact information related to some of its customers has been detected on one of the...
Nearly 3 tonnes of heroin found in two containers at Mundra port
The Directorate of Revenue Intelligence (DRI), an Indian intelligence agency, has confiscated two containers carrying approximately 3,000 kilos of heroin at Mundra port in...
2M Alliance announces Transatlantic network changes
2M Alliance, the largest container alliance of Maersk and MSC, will enhance its TA2/NEUATL2 service, which connects Europe with the United States.
The two container...
Another cyber attack challenges CMA CGM
CMA CGM has suffered another cyber attack in less than one year from the previous security breach, which hit the company's peripheral servers and...
Maersk raises annual forecast
A.P. Møller - Mærsk (APMM) has revised its full-year guidance for 2021 with an underlying EBITDA now expected in the range of US$22-23 billion...
Container caught fire on board Costamare’s feeder ship in Italy
The 1,078TEU Luebeck of the Greek ship owner, Costamare, has suffered a fire incident at the Catania port in Sicily, Italy on 16 September,...
California congestion worsens: 49 cargo vessels outside LB/LA port complex
Current port delays on the US West Coast are contributing to the extraordinary lack of available vessel capacity that we are currently seeing globally,...
Hapag-Lloyd confirms rates increase cessation
Hapag-Lloyd is the second container carrier that announces the suspension in rate increases, following CMA CGM's decision to halt all spot rate increases until...
Industry bodies join forces to tackle safety of dangerous goods storage and transport
International Cargo Handling Coordination Association (ICHCA) International and the International Vessel Operators Dangerous Goods Association (IVODGA) have signed a Memorandum of Understanding (MOU) to...
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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...