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Port of Los Angeles handles 688,000 TEUs in April

Ioanna Kontos - 0
The Port of Los Angeles processed 688,110 TEUs in April, a 22% decrease compared to last April, which was the second busiest on record. Loaded imports...
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ONE adds new call to AIM service

Container News Team - 0
Ocean Network Express (ONE) announced that AIM weekly service will change its port rotation, by adding Hazira call. The new rotation will take effect as...
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Two shipping lines pay civil penalties totaling US$2.65 million

Container News Team - 0
Two ocean common carriers have paid a combined total of US$2.65 million in civil penalties to resolve allegations of misconduct brought by the Federal...
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Wan Hai Lines adds new call in America East Coast service

Container News Team - 0
Wan Hai Lines AA7 service added a direct call at the port of Colombo. The first vessel will be Wan Hai A10 voy.001 and...
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Hapag-Lloyd appoints new senior managing director for North Europe

Ioanna Kontos - 0
Joerg Sonne will take over as senior managing director of Region North Europe, following Martin Rolf, who will take over the position as managing director...
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ZIM invests in Spinframe

Container News Team - 0
Israeli ocean carrier ZIM, along with other investors, announced the initial closing of a US$8 million financing round in Spinframe. In particular, ZIM led this...
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HMM eyeing reunion with Hyundai LNG Shipping

Container News Team - 0
HMM is reportedly attempting to buy back the liquefied natural gas (LNG) shipping unit that South Korea's flagship carrier divested back in 2014 when...
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Cyclone Mocha forces 60-hour operation closure at Chittagong port

Container News Team - 0
The operations at the Chittagong port, Bangladesh’s prime seaport, had remained suspended over two days as the super cyclone Mocha approached and crossed the...
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COSCO builds second 700 TEU electric boxship

Ioanna Kontos - 0
COSCO SHIPPING Heavy Industry (Yangzhou) began construction works on the second 700 TEU electric container ship (N998) owned by COSCO SHIPPING Development on 8...
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Nippon Express Group buys Austria-based global logistics player

Container News Team - 0
Οwner and founder of cargo-partner Stefan Krauter has decided to sell the Austrian global logistics firm to Japanese stock-listed Nippon Express Holdings, which is...
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HMM’s revenue and profits plunge in the first quarter of 2023

Ioanna Kontos - 0
HMM has announced its revenue fell 58% in the first quarter of the year to US$1.56 billion (KRW 2,082 billion) from US$3.68 billion (KRW...
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Yang Ming’s first quarter profit exceeds US$110 million

Container News Team - 0
Yang Ming reported first quarter revenues of US$1.22 billion and net profit of US$112 million with earnings per share (EPS) of NT$0.97. According to the...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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US sanctions target Iran-China oil trade, stirring waves across global shipping

CN Premium Articles Alexandros Itimoudis - 0
As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
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AD Ports Group reports strong Q1 results

News Container News Team - 0
AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits. Revenue for...
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Clarksons: Tariffs could see negative growth for container shipping

CN Premium Articles Container News Team - 0
Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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