Antonis Karamalegkos
DP World, Kent Foods ink multi-million dollar lease for London Gateway storage facility
DP World has signed a deal over GB£20 million (US$25 million) with Kent Foods, one of the major foodstuff suppliers in Europe, for a...
CMA CGM applies overweight surcharges on India, Middle East, and Red Sea routes
French ocean carrier CMA CGM has announced new overweight surcharges (OWS), which have been effective from 1 April.
In particular, CMA CGM applies an OWS...
Trump’s tariffs ignite global trade tensions
U.S. President Donald Trump has sent shockwaves through the global shipping industry—and beyond—with the announcement of new "reciprocal tariffs."
Effective April 3, these tariffs impose...
Wan Hai commences new service connecting India, Vietnam and Thailand
Taiwanese ocean carrier Wan Hai Lines is set to launch its new Tamil Nadu – Thailand Express (TTX) service on 20 April, enhancing direct...
PIL strengthens West Coast South America service
Singaporean ocean carrier Pacific International Lines (PIL) has decided to enhance its West Coast South America Service 6 (WS6), aiming to expand its coverage...
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,...
CMA CGM sues Houston supplier over contaminated bunker fuel
French shipping company CMA CGM has filed a lawsuit against GCC Supply & Trading, an oil & natural gas company based in Houston, in a...
Wan Hai christens new 13,100 TEU container vessel
Continuing its fleet expansion and modernization efforts, Taiwanese shipping company Wan Hai Lines held a ship naming ceremony for its 13,100 TEU newbuilding Wan...
CIMC achieves record profit in 2024
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...
DP World fully acquires European logistics player Swissterminal
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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Port of Long Beach appoints new managing director of engineering services
The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...
DP World and J.P. Morgan launch partnership
DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...
Red Sea shipping traffic rebounds as Houthis limit targets
Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported.
However, it still falls short...
CMA CGM applies new surcharge from Far East to West Africa
French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
