Antonis Karamalegkos
DP World set to break ground on London Gateway expansion
DP World has received approval for the GB£1 billion (US$1.3 billion) London Gateway expansion project, which is expected to establish the facility as the...
Rotterdam congestion drives ocean carriers away
Congestion at Rotterdam’s port terminals has forced ocean carriers to adjust their services to avoid delays at the major European hub.
As a result, MSC...
Maersk upgrades West Africa service
Danish ocean carrier Maersk will expand its West Africa 3 (WAF3) service into the Mediterranean basin, adding Egypt's Port Said to the port rotation.
The...
Ocean Alliance replaces Rotterdam with Southampton on Europe-Far East service
Ocean Alliance of CMA CGM, COSCO, Evergreen and OOCL has decided to change the port rotation of a service between Europe and the Far...
Seven niche container lines launch China-Mexico joint service
Seven smaller ocean carriers will introduce a joint service between China and Mexico. Emirates Shipping, KMTC, Regional Container Lines (RCL), Sinokor, Sinotrans, SeaLead Shipping...
NWSA box volumes increase in February
The Northwest Seaport Alliance (NWSA) reported 257,705 TEUs in February, translating to a 13.7% growth over the same month last year.
NWSA representative said that...
Hapag-Lloyd reports profit decline in 2024
German ocean carrier Hapag-Lloyd reported a slight increase in its 2024 earnings, with EBITDA rising to US$5 billion and EBIT improving to US$2.8 billion....
BIMCO: US port fees to hurt US trade more than curb China’s dominance
Charging fees on China-linked vessels calling at US ports will significantly increase the cost of seaborne transport to and from the United States –...
Hapag-Lloyd and Sri Lanka Ports Authority explore strategic collaboration
Representatives from the German shipping company Hapag-Lloyd met with Sri Lanka Port Authority (SLPA) officials on 4 March to discuss collaboration opportunities and strengthen...
Hanwha takes stake in Australian shipbuilder Austal
South Korean business conglomerate Hanwha Group now holds a 9.9% stake in Australian shipbuilding firm Austal, according to an exchange filing.
The filing revealed that...
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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 &...
