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APM Terminals Poti sets container record in April

Container News Team - 0
APM Terminals Poti noted a record-breaking month for container volumes in April handling 53,626 TEUs of containers. This is a huge increase of 91.3% compared...
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MSC enhances intra-Asia service network

Container News Team - 0
MSC has decided to strengthen its intra-Asia network aiming to provide new direct connections, as well as improved transit times and increased capacity. The following...
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MSC announces terminal change on Southeast Asia to USWC service

Ioanna Kontos - 0
MSC intends to modify its Sentosa service's port rotation, beginning in June 2023. The Swiss/Italian container carrier said the service will alternate calls between Los...
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Maersk’s first-quarter revenue and earnings down from last year levels

Ioanna Kontos - 0
A.P. Moller – Maersk reported a first quarter of 2023 in line with its expectations and said that continued destocking and easing of congestions...
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Hapag-Lloyd to pay dividend of €63 per share

Container News Team - 0
Hapag-Lloyd AG shareholders approved with the required majority all items on the agenda put to the vote at the Annual General Meeting of the...
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Industry Opinions

BIMCO: Liner supply falls as operators reduce average sailing speed

Container News Team - 0
In this week’s “Shipping Number of the Week”, BIMCO's chief shipping analyst, Niels Rasmussen, looks at the liner operators’ practice of reducing the average...
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Alliances’ capacity stands at just 39%

Container News Team - 0
Alphaliner's latest report shows that the major container shipping alliances control just 39% of the global box shipping fleet, far below the 80% they...
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Industry Opinions

Global Freight Monitor: Container freight rates hit a speed bump

Container News Team - 0
The Shanghai Containerised Freight Index (SCFI) turned negative following four weeks of stable or rising rates: SCFI dropped 3.6% week over week after four...
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Three seafarers missing after tanker blast

Container News Team - 0
Three seafarers are missing after an explosion on an Aframax oil tanker off Malaysia's southern coast in the South China Sea on 1 May. The...
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MSC unveils new service to connect key ports in China and India

Container News Team - 0
The world's largest container line MSC adds a new inter-Asia service, called Shikra, between major ports in China and India. The new Shikra service will...
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PSA Marine to acquire 45% stake in Meyer’s Tugs

Container News Team - 0
PSA Marine Americas completed the acquisition of a 45% stake in Meyer’s Tugs from Inversiones Maritimas CPT, a wholly-owned subsidiary of CPT Empresas Maritimas,...
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Downward momentum continues for bunker market

Container News Team - 0
Global MABUX bunker indices showed a consistent downward trend. The 380 HSFO index dropped by US$8.51 to US$498.19/MT. Similarly, the VLSFO index also declined by...
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Latest Posts

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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