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CMA CGM exceeds US$12 million in second quarter revenues

French ocean carrier CMA CGM reported revenue of US$12.3 billion and net income of US$1.3 billion in the second quarter of the year. These...

South Korean shipbuilder orders waste heat recovery systems for Maersk newbuildings

The world’s largest shipbuilder, HD Hyundai Heavy Industries (HD-HHI), has placed a €2.5 million (US$2.75 million) order for Climeon HeatPower 300 waste heat recovery...

Adani to boost Mundra port capacity by 800,000 TEUs amid steady volume growth

The Adani Group is set to open a new container terminal at Mundra Port at the end of this year, as major carriers add...

Sealand commences new intra-Asia service

Sealand Asia has announced the launch of an intra-Asia service, IA11, to connect China, Taiwan and Vietnam. The Maersk-owned container line will deploy two boxships...

Japanese car carrier Fremantle Highway still burning off Dutch coast

Japanese shipping group K Line has confirmed that it is the operator of a car carrier that caught fire in the North Sea on...

ONE to get larger terminal in Kobe port

Ocean Network Express (ONE) will get a larger terminal in Japan's Kobe port, after one of its shareholders, Mitsui OSK Lines (MOL), agreed to...

ONE’s MIM service adds Beira and Nhava Sheva calls

Ocean Network Express (ONE) announced that its MIM service will add Beira and Nhava Sheva call on top of the existing port rotation in...

Pan Ocean parent Harim to compete for HMM ownership

Harim Group has thrown its hat into the ring to take over South Korea's flagship carrier HMM. The South Korean poultry business is the parent...

Nhava Sheva Port builds integrated rail-side capacity for double-stacked box trains

Nhava Sheva Port (JNPT), India’s busiest public container gateway, has announced it is in a position to handle double-stacked container freight trains out of...

ONE unveils new loop connecting Adriatic, Israel, Egypt and Greece

Singapore-headquartered container line Ocean Network Express (ONE) will commence a new feeder service to link Adriatic ports, Israel, Egypt and Greece. ONE's new Adriatic Israel...

Drewry’s GTO report: PSA remains at top, Chinese operators on the rise

Merge & Acquisition (M&A)-led growth strategies will propel leading regional terminal operators and container shipping lines into the global terminal operator rankings next year,...

66 out of 67 HMM vessels allowed to sail under CII rules

South Korean ocean carrier HMM reported that 99% of its owned vessels are well-placed to keep their voyage under the CII (Carbon Intensity Indicator)...

Latest Posts

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

AD Ports Group reports strong Q1 results

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...

Clarksons: Tariffs could see negative growth for container shipping

Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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