Antonis Karamalegkos
OOCL posts strong Q1 results with surge in revenue and box volumes
For the first quarter of 2025, Orient Overseas Container Line's (OOCL's) revenues reached US$2.3 billion, representing a 17% growth compared to the same period...
Cosco reports US$1.8 billion profit in first quarter
According to preliminary financial results, Cosco Shipping Holdings has recorded earnings before interest and taxes (EBIT) of US$2.3 billion during the first quarter of...
MSC enhances Europe – Far East – USWC service
Swiss/Italian ocean carrier MSC has added the ports of Gothenburg and Aarhus to its Europe - Far East - US West Coast Swan-Sentosa pendulum.
The...
Gemini shuttles record elite schedule reliability levels in February
In more than 30 years, the domain of the container shipping alliances has always been exclusively on mainliner, deep-sea services, with individual carrier members...
GL Terminal invests in Envilog to improve logistics offerings in Indonesia
GL Terminal, an integrated logistics service provider based in East Jakarta, Indonesia, has acquired a 30% equity stake in Envilog, a digital logistics platform...
How Much Would Major Ocean Carriers Have Paid if Chinese-Built Vessel Fees Were Implemented in 2024?
The global tariff shock caused by the Trump Administration’s policies may soon be followed by a significant new package of fees targeting Chinese-built or...
Strong 2025 kickoff for Port of New York and New Jersey
The Port of New York and New Jersey reported 699,240 TEUs in February, translating to a 10.6% increase compared with the same month last...
CMA CGM implements peak season surcharges worldwide
French ocean carrier CMA CGM has announced new peak season surcharges globally, set to take effect in April and May.
CMA CGM will apply a...
Arkas Line commences new West Africa Service
To boost its operations in the West Africa trade lane, Arkas Line plans to add solely-operated services, expand its regional network, and improve overall...
DP World, Kent Foods ink multi-million dollar lease for London Gateway storage facility
DP World has signed a deal over GB£20 million (US$25 million) with Kent Foods, one of the major foodstuff suppliers in Europe, for a...
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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...
