Antonis Karamalegkos
Port of Los Angeles surpasses 2.5 million TEUs in first quarter
The Port of Los Angeles handled 778,406 TEUs in March, translating to a 4.7% growth compared with the same month in 2024, ending the...
OOCL posts strong Q1 results with surge in revenue and box volumes
For the first quarter of 2025, Orient Overseas Container Line's (OOCL's) revenues reached US$2.3 billion, representing a 17% growth compared to the same period...
Cosco reports US$1.8 billion profit in first quarter
According to preliminary financial results, Cosco Shipping Holdings has recorded earnings before interest and taxes (EBIT) of US$2.3 billion during the first quarter of...
MSC enhances Europe – Far East – USWC service
Swiss/Italian ocean carrier MSC has added the ports of Gothenburg and Aarhus to its Europe - Far East - US West Coast Swan-Sentosa pendulum.
The...
Gemini shuttles record elite schedule reliability levels in February
In more than 30 years, the domain of the container shipping alliances has always been exclusively on mainliner, deep-sea services, with individual carrier members...
GL Terminal invests in Envilog to improve logistics offerings in Indonesia
GL Terminal, an integrated logistics service provider based in East Jakarta, Indonesia, has acquired a 30% equity stake in Envilog, a digital logistics platform...
How Much Would Major Ocean Carriers Have Paid if Chinese-Built Vessel Fees Were Implemented in 2024?
The global tariff shock caused by the Trump Administration’s policies may soon be followed by a significant new package of fees targeting Chinese-built or...
Strong 2025 kickoff for Port of New York and New Jersey
The Port of New York and New Jersey reported 699,240 TEUs in February, translating to a 10.6% increase compared with the same month last...
CMA CGM implements peak season surcharges worldwide
French ocean carrier CMA CGM has announced new peak season surcharges globally, set to take effect in April and May.
CMA CGM will apply a...
Arkas Line commences new West Africa Service
To boost its operations in the West Africa trade lane, Arkas Line plans to add solely-operated services, expand its regional network, and improve overall...
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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 &...