China International Marine Containers (CIMC) announced a record profit of around US$410 million in 2024, translating to an astonishing increase of over 600% compared...

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DP World fully acquires European logistics player Swissterminal

Antonis Karamalegkos - March 31, 2025 0

Swissterminal AG has announced its full integration into DP World, following a successful five-year partnership. Swissterminal has been a major traditional player in the Swiss...

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SMDG adds Hoopo to its membership

Alexandros Itimoudis - March 31, 2025 0

SMDG, a non-profit, international user group that develops, maintains, and promotes standardized Electronic Data Interchange (EDI) messages and protocols for the maritime container industry,...

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CK Hutchison pulls back from Panama ports sale?

Container News Team - March 28, 2025 0

Hong Kong-based conglomerate CK Hutchison, headed by magnate Li Ka-shing, will not proceed with signing a deal next week to sell its two key...

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Russian reefer ship suffers engine room blast

Container News Team - March 28, 2025 0

Fire broke out on a Russian reefer ship shortly after it departed from South Korea’s Busan port on 26 March. Korea Coast Guard’s Busan branch...

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Persistent tensions in Red Sea as US forces pound Houthi targets

Alexandros Itimoudis - March 28, 2025 0

As of March 2025, the situation in the Red Sea remains highly volatile due to ongoing Houthi attacks and continuous US military strikes on...

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Yang Ming purchases three 8,000 TEU methanol dual-fuel boxships

Antonis Karamalegkos - March 28, 2025 0

Yang Ming is advancing its fleet optimization strategy with the acquisition of three 8,000 TEU methanol dual-fuel-ready container ships from Shoei Kisen Kaisha. Currently under...

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PSA sets new container throughput record despite declining profits

Antonis Karamalegkos - March 28, 2025 0

PSA International handled 100.2 million TEUs in 2024, representing a growth of 5.6% compared to the same period in 2023. PSA Singapore contributed 40.9 million...

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US Policy Shift Fuel Uncertainty: BIMCO Report and Future Scenarios

Alexandros Itimoudis - March 28, 2025 0

Since the start of President Trump's second term, U.S. policies have reshaped geopolitics, trade, and shipping, significantly increasing market uncertainties and impacting future supply...

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PSA, DNV and PIL join forces to drive digital innovation

Ioanna Kontos - March 28, 2025 0

PSA International, DNV Singapore, and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MoU) to collaborate on carbon emission measurement, reporting, and...

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AD Ports Group and Oylz Terminals to develop petroleum storage facility at Khalifa Port

Ioanna Kontos - March 27, 2025 0

AD Ports Group, one of the leading facilitators of global trade, logistics, and industry, has signed a 50-year agreement with UAE-based Oylz Terminals to...

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

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

AD Ports Group reports strong Q1 results

Clarksons: Tariffs could see negative growth for container shipping

India-Pakistan Rift Adds to Shipping Sector Woes

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

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

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

AD Ports Group reports strong Q1 results

Clarksons: Tariffs could see negative growth for container shipping

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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

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

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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

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

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