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Upcoming renegotiations of Asia-Europe contract rates to signal freight rates trends, said HSBC

Antonis Karamalegkos - 0
British multinational banking and financial services organisation, HSBC brings forward its trough scenario for container shipping. HSBC lowered its demand estimations for 2023 and...
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Sea-Intelligence sees high container capacity reductions

Antonis Karamalegkos - 0
In the weeks following Golden Week (weeks 41-43), carriers are taking out significant levels of capacity per week, as shown in the following figure...
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MSC enhances African Express service with new call

Container News Team - 0
MSC announces a new direct call to the port of Abidjan on its African Express service aiming  to offer better transit times in the...
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MSC strenghtens intra-Asia network

Antonis Karamalegkos - 0
Mediterranean Shipping Company (MSC) has announced alterations in its intra-Asia service network, which will include new products and upgraded services that will come into...
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MSC books a dozen 16,000 TEU vessels at Yangzijiang

Container News Team - 0
Yangzijiang Shipbuilding has confirmed that MSC has ordered a dozen 16,000 TEU container ships. The Singapore-listed Chinese ship builder said on 6 October that the...
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Sea-Intelligence reports 50% of congestion has been resolved

Container News Team - 0
With the continued gradual improvement in schedule reliability in August 2022 and the resultant improvement in vessel delays, the global fleet that was unavailable...
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Maersk orders six 17,000 TEU methanol-fuelled vessels

Container News Team - 0
Maersk has ordered six additional container ships that can sail on green methanol, which will be built by Hyundai Heavy Industries (HHI) and have...
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Indian exporters face new tax burden as freight rates moderate

Container News Team - 0
Indian exporters – now relieved to see some moderation in sky-high freight rate levels amid slowing volumes – have a new cost burden to...
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Maersk Container Industry announces new CEO

Antonis Karamalegkos - 0
Søren Leth Johannsen will be the new chief executive officer (CEO) of Maersk's reefer container manufacturing subsidiary, Maersk Container Industry (MCI). Johannsen, the current chief...
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Contaminated fish seems to cause food poisoning tragedy on Cosco bulker

Container News Team - 0
Thirteen of 21 seafarers on one of COSCO's bulk carriers, Wu Zhou 8, have died from food poisoning after eating what is suspected to...
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CMA CGM launches new early container return incentive programme

Antonis Karamalegkos - 0
CMA CGM Group has announced the start of a new early container return incentive programme, under the name "TEUs to Trees", aiming to increase...
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Maersk’s Sealand commences new Spain-UK rail service

Container News Team - 0
Maersk's subsidiary specialised on Intra-European logistics, Sealand will launch a new rail product from Spain to the United Kingdom, designed for temperature-sensitive cargo like...
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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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