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Maersk dismisses Houthis’ claim of drone assault on chartered ship

Maersk Line has refuted assertions by the Houthis that the Iran-backed Yemeni rebel group has attacked one of its chartered container ships in the...

Gemini’s challenge to container orthodoxy

The launch of Maersk and Hapag-Lloyd’s Gemini Cooperation will bring a new dimension to the container shipping sector with a hub and spoke shuttle...

Maersk applies reeefer surcharge from Chile and Peru to Asia

Danish ocean carrier Maersk has announced the introduction of a new peak season surcharge (PSS) from Chile and Peru to Asia. The surcharge of US$1,000...

Maersk reports preliminary Q3 revenue of US$15.8 billion

Based on preliminary unaudited figures, A.P. Moller Maersk reports revenue of US$15.8 billion, underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$4.8...

Maersk increases PSS from Asia to Saudi Arabia

Copenhagen-based box line Maersk will increase the following peak season surcharge (PSS) for shipments from various Asian ports to Saudi Arabia. The updated surcharge levels...

Maersk, Hapag bosses reinforce confidence in Gemini alliance service reliability targets

At the Xeneta Summit in Amsterdam, leaders from Hapag-Lloyd and Maersk showcased their strong commitment to the forthcoming Gemini Cooperation, emphasizing their goal to...

Maersk commences new feeder service between Ukraine and Egypt

The second-largest container carrier Maersk has announced the launch of a new weekly feeder service between Ukraine's port of Chornomorsk and Egypt's Port Said. The...

No turning back from shift towards fleet renewal

Vessel ordering is continuing apace with Hapag-Lloyd confirming it is negotiating with yards for a 24-ship order and Maersk's rumoured order of 22 LNG...

Newbuilding frenzy effects greater than Suez Canal restoration

Maersk has warned that the reopening of the Suez Canal could cause a meltdown as schedules falter, but this would likely be a temporary...

Maersk books up to dozen 16,000 TEU ships at Chinese shipyard

Maersk Line has reportedly ordered up to a dozen LNG dual-fuelled 16,000 TEU container ships at New Times Shipbuilding in China, adding to growing...
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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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