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Navios earnings and revenues soar in 2021

The Greek container vessel owner and operator Navios Maritime Partners (NMP) has achieved remarkable increases in its financial results during 2021, with a revenue...

Navios Maritime Partners returns to Zhoushan Changhong for more Panamax ships

Angeliki Frangou-led Navios Maritime Partners (NMP) has ordered up to four more 5,300TEU ships at Zhoushan Changhong Shipbuilding, adding to an earlier order the...

Frangou merges Navios divisions to form largest US publicly-listed shipping company

The Greek ship owner Angeliki Frangou decided to merge its dry cargo and tanker companies, Navios Maritime Partners L.P. (Navios Partners) and Navios Maritime...

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...

Navios boxhsip loses three containers off Western Australia

The Australian Maritime Safety Authority (AMSA) has confirmed that a Liberian-flagged container vessel, Navios Unite, has lost three containers off Cape Leeuwin in Western...

Navios Containers reports financial results

Navios Maritime Containers L.P. on 5 February reported its financial results for the fourth quarter and year ended December 31, 2019. Angeliki Frangou, Chairman and...

Containership delivered to Navios

Navios Maritime Containers Inc. (“Navios Containers”), a growth vehicle dedicated to the container sector, announced that it took delivery of the Navios Miami, a...
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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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