Antonis Karamalegkos
PSA sets new container throughput record despite declining profits
PSA International handled 100.2 million TEUs in 2024, representing a growth of 5.6% compared to the same period in 2023.
PSA Singapore contributed 40.9 million...
Port of New York and New Jersey kicks off 2025 with increased box volumes
The Port of New York and New Jersey started 2025 with strong growth in total volume and imports.
In particular, the US port handled 720,747...
Ports of Singapore and Antwerp-Bruges sign decarbonisation and digitalisation agreement
Port of Antwerp-Bruges and Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Understanding (MOU) on 21 March to collaborate on maritime...
TecPlata enhances connectivity to Asia with ONE’s new services
Ocean Network Express’ (ONE's) two new services, which have included ICTSI-operated TecPlata in their port rotations, are expected to enhance the connectivity of the...
Singapore and Rotterdam strengthen collaboration on Green and Digital Shipping Corridor
Maritime and Port Authority of Singapore (MPA) and Port of Rotterdam have signed a Cooperation Agreement to enhance the Rotterdam-Singapore Green and Digital Shipping...
HMM receives first methanol-powered newbuild in eco-friendly vessel series
South Korea's flagship ocean carrier HMM has taken delivery of a 9,000 TEU, methanol-powered container ship.
The new vessel is named HMM Green and is...
CMA CGM and ABB partner on new parametric roll solution
CMA CGM has launched a new collaboration with technology solution provider ABB on a new parametric roll algorithm to improve ship safety.
The solution integrates...
COSCO doubles profits in 2024
COSCO SHIPPING Holdings reported a doubling of annual profits, achieving an operating revenue of RMB 233.86 billion (US$32.3 billion) in 2024, representing a 33.3%...
Hapag-Lloyd extends Le Havre omission from SWX service
Hapag-Lloyd has announced an extension of its decision to omit the port of Le Havre from its South America Westcoast (SWX) service.
The SWX service...
DP World set to break ground on London Gateway expansion
DP World has received approval for the GB£1 billion (US$1.3 billion) London Gateway expansion project, which is expected to establish the facility as the...
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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...
