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OOCL reports over US$1.1 billion H1 profit

Container News Team - 0
OOCL announced a profit attributable to equity holders of US$1.13 billion for the first six months of 2023, significantly lower compared to a profit...
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Maersk merges two Arabian services into new single loop

Container News Team - 0
Maersk decided to merge its Arabian Star and Arabian Express services into a single, integrated loop, the new Safina service, which will connect the...
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Maersk sets sights on reefer-only rail service for North India shippers amid integrator push

Container News Team - 0
Maersk is set to roll out a reefer-only containerised rail service between North India and Nhava Sheva Port, propelling its ability to garner more...
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Maersk upgrades service linking Far East and India Subcontinent

Antonis Karamalegkos - 0
Maersk has decided to upgrade its FI3 service, connecting Far East Asia with India Subcontinent, adding an extra container ship on the rotation. Maersk said...
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MSC withdraws from acquisition of Livorno’s container terminal

Antonis Karamalegkos - 0
Swiss/Italian shipping company MSC has decided to withdraw its interest in buying Terminal Darsena Toscane (TDT) at the port of Livorno in Italy. Obstacles from...
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Dutch customs seize eight tons of cocaine found in Maersk container

Container News Team - 0
Dutch prosecutors said that customs officials in Rotterdam made the largest seizure of cocaine on record at the major European port. According to Reuters, the...
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ZIM reports Q2 net loss of more than US$210 million

Antonis Karamalegkos - 0
Ocean carriers continue to return to normal financial figures this year. This "normalisation", combined with the astronomical results of the previous year, shows some...
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MSC junks India-US rate push as market stays soft despite peak season expectations

Container News Team - 0
Mediterranean Shipping Co. (MSC) has cancelled rate increase activity that was to have begun on 15 August on the India-US trade lane. The previously-published trade...
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Blank Sailings

Blanked sailings now the norm

Container News Team - 0
Blanked Asia-Europe sailings have become expected in liner operators' routines, according to Alphaliner's latest report today (16 August). Record newbuilding deliveries have made operators reduce...
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KMTC container ship suffers fire off Malaysia

Antonis Karamalegkos - 0
The 2,778 TEU container ship KMTC Shenzhen experienced a fire off Port Klang in Malaysia on 12 August, according to the UK insurance company...
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China overtakes Greece as largest shipowning country

Container News Team - 0
China has climbed to the top of nations rankings as the largest shipowning country in terms of gross tonnage, according to information from UK...
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MSC and Maersk continue to send ships for break-up

Container News Team - 0
The world’s two largest liner operators have continued to scrap aged ships as the freight market has normalised to pre-Covid-19 levels. Shipbrokers said that this...
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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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