Antonis Karamalegkos
CMA CGM applies overweight surcharges on India, Middle East, and Red Sea routes
French ocean carrier CMA CGM has announced new overweight surcharges (OWS), which have been effective from 1 April.
In particular, CMA CGM applies an OWS...
Trump’s tariffs ignite global trade tensions
U.S. President Donald Trump has sent shockwaves through the global shipping industry—and beyond—with the announcement of new "reciprocal tariffs."
Effective April 3, these tariffs impose...
Wan Hai commences new service connecting India, Vietnam and Thailand
Taiwanese ocean carrier Wan Hai Lines is set to launch its new Tamil Nadu – Thailand Express (TTX) service on 20 April, enhancing direct...
PIL strengthens West Coast South America service
Singaporean ocean carrier Pacific International Lines (PIL) has decided to enhance its West Coast South America Service 6 (WS6), aiming to expand its coverage...
APM Terminals buys Panama Canal Railway Company
Maersk-owned port operating firm APM Terminals has acquired the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City (CPKC) and the Lanco Group/Mi‑Jack.
PCRC,...
CMA CGM sues Houston supplier over contaminated bunker fuel
French shipping company CMA CGM has filed a lawsuit against GCC Supply & Trading, an oil & natural gas company based in Houston, in a...
Wan Hai christens new 13,100 TEU container vessel
Continuing its fleet expansion and modernization efforts, Taiwanese shipping company Wan Hai Lines held a ship naming ceremony for its 13,100 TEU newbuilding Wan...
CIMC achieves record profit in 2024
China International Marine Containers (CIMC) announced a record profit of around US$410 million in 2024, translating to an astonishing increase of over 600% compared...
DP World fully acquires European logistics player Swissterminal
Swissterminal AG has announced its full integration into DP World, following a successful five-year partnership.
Swissterminal has been a major traditional player in the Swiss...
Yang Ming purchases three 8,000 TEU methanol dual-fuel boxships
Yang Ming is advancing its fleet optimization strategy with the acquisition of three 8,000 TEU methanol dual-fuel-ready container ships from Shoei Kisen Kaisha.
Currently under...
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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...
