Antonis Karamalegkos
Hapag-Lloyd increases Asia-Oceania rates
German ocean carrier Hapag-Lloyd has announced a new General Rate Increase (GRI) for shipments from Asia to Oceania.
The rate increase will apply to dry...
HMM earnings and profits rise in 2024
South Korean major ocean carrier HMM has reported revenue of KRW 11,700 billion (US$8 billion), operating profit of KRW 3,513 billion (US$2.42 billion), and...
Melina Travlos re-elected as president of Union of Greek Shipowners
The annual general assembly and elections for a new board of directors of the Union of Greek Shipowners (UGS) was held on 6 February.
Melina...
Yang Ming strengthens intra-Asia service network
Taiwanese ocean carrier Yang Ming announced the optimization of its intra-Asia service network by enhancing its Japan (Kansai) – Taiwan – South China route...
Spanish ports see container growth as transshipment shifts from Suez
Spanish ports handled an aggregated 18.1 million TEUs in the first nine months of 2024, translating to a growth rate of 11% year-on-year.
There were...
Philippines breaks ground on new container port project
The construction works have begun on the 375,900 TEU New Cebu International Container Port in the Philippines.
According to Dynamar, the new facility will be...
SeaLead starts new service linking India to Red Sea
UAE-based box line SeaLead has launched the new Red Sea-India (RESIN) service, which connects the Indian market with the Red Sea coasts of Egypt...
DP World hits record volumes in 2024
Global port and terminal operator DP World reported a record 88.3 million TEUs in 2024, representing an 8.3% year-on-year growth.
While the Red Sea crisis...
DP World Southampton handles first Gemini vessel
DP World Southampton has received its first ship arrival under the Gemini Cooperation agreement announced in November last year.
The 2014-built boxship Leonidio docked at...
Hapag-Lloyd secures long-term financing for 24 newbuild vessels
German container shipping firm Hapag-Lloyd will use green financings for the 24 large container ships, ordered in October 2024 and expected to be delivered...