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Hapag-Lloyd increases rates for Asia – Americas shipments

Hapag-Lloyd announced a General Rate Increase (GRI) from Asia to the West Coast of South America, the East Coast of South America, Mexico, Central...

Container Market Weekly Performance: Trends, Gains, and Losses

Container market performance this week reflects the ongoing volatility in global trade, with shipping companies experiencing a mix of gains and losses. While some...

Hapag-Lloyd maintains strategic focus on Europe with growing interest in Eastern Med

German container shipping company Hapag-Lloyd has shown a strategic focus on enhancing its terminal operations in Europe. A major step in Hapag-Lloyd's port expansion strategy...

Gemini to facilitate return to JIT deliveries

Improvements in the reliability of scheduling offered by the Gemini Cooperation on their new hub and spoke services could see a return to just-in-time...

Hapag-Lloyd’s HGT acquires majority stake in French port operator

Hapag-Lloyd's Terminal & Infrastructure division Hanseatic Global Terminals (HGT) has completed the acquisition of 60% of the shares in CNMP LH, the operator of...

Maersk’s rate-cutting shows flop of Gemini’s reliability promise

Maersk Line has been singled out for aggressive discounts on Asia-North Europe rates, as consultancy Linerlytica suggested that Gemini Cooperation, the Danish carrier’s alliance...

Hapag-Lloyd announces rate adjustments for Med shipments

Hapag-Lloyd announced the following upcoming adjustments to ocean freight rates and surcharges for shipments from the Mediterranean to various destinations. The first one is a...

Hapag-Lloyd hits 1 Million TEU mark in charter fleet capacity

German ocean carrier Hapag-Lloyd has achieved a significant milestone in its fleet expansion by adding the 2023-built, 2,433 TEU vessel Little Concert to its...

Monthly Stock Performance Highlights

Monthly stock performance in the maritime industry has shown significant fluctuations over the past month, reflecting the shifting dynamics of global trade, freight demand,...

Geopolitical Instability in the Red Sea: Impact on Top-5 Ocean Carriers

The geopolitical instability triggered by the Gaza conflict and Houthi attacks in the Red Sea has significantly disrupted global shipping, with some companies navigating...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

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

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

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...
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