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APM Terminals’ Strategic Acquisition of Panama’s Railway Reshapes Competition

APM Terminals' acquisition of the Panama Canal Railway Company (PCRC) marks a strategic move in the Maersk-owned port operator's efforts to strengthen its competitive...

Maersk implements surcharge from West Med to Canada

Copenhagen-based box line Maersk is introducing a Peak Season Surcharge (PSS) for all container types from West Mediterranean countries (Italy, Croatia, Greece, France, Portugal,...

C2X secures US$100 million investment to advance green methanol initiatives

Japanese energy firm ENEOS, Danish shipping company Maersk, and A.P. Moller Holding have agreed to invest US$100 million in green methanol project developer C2X...

APM Terminals buys Panama Canal Railway Company

Maersk-owned port operating firm APM Terminals has acquired the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City (CPKC) and the Lanco Group/Mi‑Jack. PCRC,...

Maersk applies PSS from North China and South Korea to India and Pakistan

Danish ocean carrier Maersk is implementing a Peak Season Surcharge (PSS) for the scope of North China and South Korea to India (Jawaharlal Nehru,...

Container Shipping Sector: Monthly Stock Highlights

The container shipping sector faced a turbulent March as shifting trade dynamics, geopolitical tensions, and fluctuating demand sent stock prices on a rollercoaster ride. While...

Hefty US port fees to hit ZIM and CMA CGM hardest

Alphaliner’s analysis shows that ZIM Line and CMA CGM will be the worst hit should US President Donald Trump succeed in implementing hefty port...

Top 10 Ocean Carriers by Revenue in 2024

The global shipping industry continues to be dominated by key players, with Maersk and CMA CGM leading the pack in 2024, each generating an...

Ukraine’s Black Sea Cargo Volumes on the Rise

Ukrainian ports increased the volumes of freight by more than 77% in 2024 as the success of the Black Sea operations was translated into...

Maersk and Port of NY&NJ reach lease extension deal for APM Terminals Elizabeth

Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth's lease through December 2062. The deal...
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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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