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HMM achieves annual profits of over US$7 billion

Antonis Karamalegkos - 0
South Korean container shipping company HMM saw its revenue rose 34.7% to US$14.57 billion in 2022, while its operating profit increased by 34.8% to...
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Shanghai Composite Index falls into triple digits

Ioanna Kontos - 0
The Shanghai Containerized Freight Index (SCFI) issued after Chinese New Year 2023 saw the index fall into the triple digits, closing at US$995 for...
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Drewry’s World Container Index sinks below US$2,000 for first time in 32 months

Container News Team - 0
The Drewry's World Container Index (WCI) annexed the psychological mark of US$2,000 on the downside for the first time since July 2020, post the...
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Iskenderun port fire to cause trade loss of around US$680 million: Russel Group

Ioanna Kontos - 0
According to Russell Group, a data and analytics company, the container fire at the Port of Iskenderun in Turkey, caused by the heavy earthquake,...
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Maersk achieves record annual earnings and revenues

Container News Team - 0
In a year that we saw Maersk falling from the top of the rankings of the world's largest container shipping companies, the Danish container...
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Update: Lethal earthquake paralyses Turkish ports, container lines announce operation adjustments

Container News Team - 0
An earthquake measuring 7.8 on the Richter scale occurred on the border between Turkey and Syria, on the morning of 6 February leading many...
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Maersk joins demolition trend

Container News Team - 0
Maersk Line has sold a 1999-built feeder ship for scrap, joining several other liner operators that have begun shedding older tonnage as the freight...
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Major container lines boost schedule reliability, MSC and Maersk top rankings

Container News Team - 0
Maritime data analysis company Sea-Intelligence said in its last report that the schedule reliability figures increased during the second quarter of 2022. "The rapid increase...
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Turkish earthquake-hit Iskenderun port shuts operation  

Container News Team - 0
Several Turkish ports were hit hard by a devastating earthquake that measured 7.8 magnitudes on the Richter scale, with at least one port suspended...
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Car carrier catches fire off Vietnam

Container News Team - 0
A South Korean pure car and truck carrier caught fire while on its way to Vietnam. Vietnam’s Ministry of Transport stated that the 1999-built 6,000-car...
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MSC expands Sentosa service

Container News Team - 0
MSC announced the expansion of its current Sentosa service to connect major ports in China directly with India’s key ports of Mundra and Nhava...
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COSCO launches new car transportation service through Piraeus port

Container News Team - 0
Piraeus Port Authority (PPA) and COSCO Shipping Specialised Carriers jointly launched a new car shipment route and service in EMEA (Europe, the Middle East...
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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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