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Most Visited - Newsletter

HMM sees profit as Transpacific builds on peak season demand

Profits on considerably lower volumes are the trend in this pandemic blighted year. But South Korea’s serial underachievers at HMM, normally the onion in...

CMA CGM unveils new Noura Express setup

CMA CGM has updated its weekly dedicated East African product, the Noura Express service, which connects the Middle East, Subcontinent, East Africa and Indian...

Trudeau Government says it won’t intervene in Montreal dispute

A plea from a number of business associations on Monday for the Canadian Federal Government of Justin Trudeau to intervene in the escalating industrial...

Euroseas sells three container vessels for scrap

Greek container shipping company, Euroseas has announced the sale of three boxships for a total of approximately US$7.6 million. Euroseas sold the 1995-built Manolis P...

APM Terminals closes Danish box terminal acquisition deal

A.P. Møller Maersk's APM Terminals has agreed with Aarhus Logistics Center (ALC) for the acquisition of ALC's container terminal in the port of Aarhus....

DP World buys majority stake in South Korean independent NVOCC

The Dubai-based logistics provider, DP World has agreed to acquire a 60% shareholding in UNICO Logistics Co. Ltd, one of the largest independent NVOCC...

CMA CGM to buy stake in HMM’s Algeciras terminal

CMA CGM will buy HMM’s 50% stake in Total Terminal International Algeciras (TTIA), which operates a container terminal in the south of Spain. HMM announced on...

PIL’s high-rise HQ up for sale

Beleaguered Singaporean liner operator Pacific International Lines is reportedly selling its headquarters, in another sign of its financial struggles. The Business Times, a Singaporean financial...

Stowage and lashing issues caused Ever Smart container collapse

The UK's Marine Accident Investigation Branch (MAIB) has recommended that Evergreen improve the standards of stowage plans produced ashore, increase its knowledge of the...

Seven ship sale and leaseback deal sees Hapag-Lloyd increase liquidity

Hapag-Lloyd has confirmed that it has sold seven 9,326TEU container ships to Bank of Communications Financial Leasing (Bocomm Leasing) for an undisclosed price. Container News...

OOCL takes slot-charter on Evergreen’s S. America service

Hong Kong based OOCL, a subsidiary of China’s COSCO has chartered slots on Evergreen’s Westcoast South America service and is booking cargo for its...

Hapag-Lloyd pushes up Asia prices from August

Hapag-Lloyd has announced an increased ocean tariff rate for all cargoes in 20’ and 40’ containers, including high cube, standard and reefer containers on...

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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