Antonis Karamalegkos
Rotterdam congestion drives ocean carriers away
Congestion at Rotterdam’s port terminals has forced ocean carriers to adjust their services to avoid delays at the major European hub.
As a result, MSC...
Maersk upgrades West Africa service
Danish ocean carrier Maersk will expand its West Africa 3 (WAF3) service into the Mediterranean basin, adding Egypt's Port Said to the port rotation.
The...
Ocean Alliance replaces Rotterdam with Southampton on Europe-Far East service
Ocean Alliance of CMA CGM, COSCO, Evergreen and OOCL has decided to change the port rotation of a service between Europe and the Far...
Seven niche container lines launch China-Mexico joint service
Seven smaller ocean carriers will introduce a joint service between China and Mexico. Emirates Shipping, KMTC, Regional Container Lines (RCL), Sinokor, Sinotrans, SeaLead Shipping...
NWSA box volumes increase in February
The Northwest Seaport Alliance (NWSA) reported 257,705 TEUs in February, translating to a 13.7% growth over the same month last year.
NWSA representative said that...
Hapag-Lloyd reports profit decline in 2024
German ocean carrier Hapag-Lloyd reported a slight increase in its 2024 earnings, with EBITDA rising to US$5 billion and EBIT improving to US$2.8 billion....
BIMCO: US port fees to hurt US trade more than curb China’s dominance
Charging fees on China-linked vessels calling at US ports will significantly increase the cost of seaborne transport to and from the United States –...
Hapag-Lloyd and Sri Lanka Ports Authority explore strategic collaboration
Representatives from the German shipping company Hapag-Lloyd met with Sri Lanka Port Authority (SLPA) officials on 4 March to discuss collaboration opportunities and strengthen...
Hanwha takes stake in Australian shipbuilder Austal
South Korean business conglomerate Hanwha Group now holds a 9.9% stake in Australian shipbuilding firm Austal, according to an exchange filing.
The filing revealed that...
Global container trade grows in January
In January, seaborne container trade saw a 5.8% year-on-year increase, according to Container Trades Statistics.
Overall, trade lane performance was positive, with 32 routes recording...
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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...
