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PIL announces new intra-Asia service

Antonis Karamalegkos - 0
Pacific International Lines (PIL) will enhance its intra-Asia network with a new weekly direct service, which will connect ports in South China to the...
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Atlantic spot rates about to collapse: Sea-Intelligence

Container News Team - 0
While freight rates have been dropping consistently on most trades, they have remained at high levels on the Transatlantic due to capacity issues. However, according...
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Fire breaks out again in Chittagong’s BM Container Depot

Container News Team - 0
A fire broke out at the BM Container Depot in Chittagong on Tuesday (13 December) afternoon at a jute godown. A huge volume of...
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Wan Hai starts bidding process for demolition sale of ten boxships

Container News Team - 0
Wan Hai has put ten container vessels up for demolition sale, announcing that potential buyers can join the bidding process. The Taiwanese container carrier aims...
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Box numbers could rebound in 2023 with inventory replenishing

Container News Team - 0
If the current decline in freight rates is due to inventory correction, then there could be a recovery in cargo volumes in 2023 as...
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Maersk appoints new CEO: Skou hands the baton to Vincent Clerc

Antonis Karamalegkos - 0
Vincent Clerc will be the new chief executive officer (CEO) of the Danish shipping company A. P. Møller - Mærsk A/S, replacing Soren Skou...
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Ocean Alliance unveils service network for 2023

Antonis Karamalegkos - 0
Ocean Alliance, comprising CMA CGM, COSCO, Evergreen and OOCL, has announced its service network for the next year, which is expected to launch on...
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Global container volumes start falling as historic growth cycle ends: BIMCO

Container News Team - 0
Global container volumes seem to decline in recent months as the historic growth cycle comes to an end, according to BIMCO. From mid-2020, global container...
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Major box carriers’ 2022 nine-month operating profit equals 2021 full-year results

Container News Team - 0
Danish maritime data analysis company Sea-Intelligence reports that the major shipping lines, which publish their financial results, have achieved US$122 billion in the first...
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Container carriers on newbuild ordering spree amid growing demand pressures

Container News Team - 0
The global containership orderbook is swelling, despite weakening trade signs amid the dual headwinds of adverse geopolitical factors and rising inflationary pressures battling the...
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Cosco pulls China-Canada-US express service

Container News Team - 0
COSCO Shipping Lines has withdrawn its express China-Canada-US intermodal service that was launched in October 2021, as carriers continue to trim capacity to respond...
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MSC announces new line connecting India with West Mediterranean

Container News Team - 0
MSC will launch a new direct service, which will link India with the West Mediterranean, starting mid-December. The purpose of this direct connection between the...
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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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