Antonis Karamalegkos
HMM records US$2 billion in Q1 revenue
South Korean container shipping company HMM has announced solid results in the first quarter of 2025.
In particular, HMM reported a 23% revenue jump year-on-year...
Positive Q1 results for Hapag-Lloyd
Hapag-Lloyd concluded the first quarter of 2025 with EBITDA of US$1.1 billion, EBIT of US$487 million and profit of US$469 million.
The German ocean carrier...
CEVA Logistics announces first low-carbon LCL service between France and Ivory Coast
CEVA Logistics has announced the launch of a low-carbon ocean freight service, which will leverage marine biofuel, between France and Ivory Coast.
The CMA CGM's...
Yang Ming nears US$1.4 billion in Q1 revenue
Taiwanese shipping company Yang Ming reported total revenues of US$1.38 billion in the first quarter of 2025, while container volumes between China and the...
CMA CGM’s U.S. Cargo Halved by Trade War; Tariff Truce Offers Brief Respite
CMA CGM has seen its cargo volumes to the United States cut in half since the onset of the U.S.-China trade war, according to...
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...
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...
Matson doubles Q1 profit despite flat container volumes
In the first quarter of 2025, Matson reported a net profit of US$72.3 million—more than double its earnings from the same period last year—driven...
Maersk unveils new container design in its signature blue
After more than 50 years of using grey containers with white lettering, Maersk is updating the look of its dry containers to reflect a...
SITC announces intra-Asia service network changes
Hong Kong-based container line SITC will cease its Malaysia-India-Myanmar (MIM) service, covering Kuantan, Kolkata (Haldia) and Yangon from China.
Instead, the shipping company will commence...
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The Indian Ocean Rivalry
The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China.
India’s recent developments indicate a rapid expansion...
Statkraft advances plans for green hydrogen scheme at Hunterston
Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire.
Clydeport –...
Port of Bilbao wraps up busiest month for cruise traffic
May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...
Tripoli port shutdown sparks maritime crisis in Libya
Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...