Top News Archives - Page 10 of 271

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Maersk ship awaits towing after engine room fire: Updated

Container News Team - May 5, 2025 0

A Maersk container ship remains immobile in the Atlantic Ocean following a fire in its engine room on 28 April. ...

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Ports on High Alert as Strikes and Unrest Disrupt Global Shipping Routes

Alexandros Itimoudis - May 5, 2025 0

The global maritime system is under siege by a new breed of actors using low-cost weapons and hybrid tactics to destabilize key ports and...

News

Seaspan orders 11,400 TEU sextet for COSCO charter

Container News Team - May 2, 2025 0

Seaspan Corporation has commissioned six 11,400 TEU ships at Shanghai Waigaoqiao Shipbuilding (SWS) for long-term charter to COSCO Shipping Lines. The order was made in...

Port News

CMA CGM renews Syrian port deal for another 30 years

Antonis Karamalegkos - May 2, 2025 0

French ocean carrier CMA CGM has signed a 30-year agreement with the Syrian government, which includes the development of a new berth at Latakia...

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US port fees could force COSCO out of Transpacific market

Container News Team - May 2, 2025 0

The US Trade Representative's (USTR's) implementation of port fees on Chinese ship operators and Chinese-built ships could price companies like COSCO Shipping Lines and...

Services

Gemini partners top schedule reliability rankings

Container News Team - May 2, 2025 0

According to Sea-Intelligence's Global Liner Performance (GLP) report, in March, global schedule reliability improved by 3 percentage points M/M to 57.5%, the highest level...

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Recession looms as tariffs turn trade upside down

Container News Team - April 30, 2025 0

Tariffs are driving global markets into recession, succumbing to the inevitable supply and demand imbalance as carrier capacity rises and demand diminishes. Shipping lines are...

ONE surpasses US$4.2 billion annual profit amid expanding container vessel fleet

Antonis Karamalegkos - April 30, 2025 0

Ocean Network Express (ONE) has reported exceptional financial results for the fiscal year ending 31 March 2025, marking a period of significant growth across...

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CMA CGM flags first boxship in India, boosting nation’s maritime push

Alexandros Itimoudis - April 30, 2025 0

India’s maritime ambitions are gaining new momentum as the country strategically positions itself to become a global shipping and logistics powerhouse. In a landmark development,...

News

Hapag-Lloyd reports strong Q1 growth amid market uncertainty, warns of softer full-year outlook

Antonis Karamalegkos - April 30, 2025 0

Hapag-Lloyd announced increased revenue and earnings in the first quarter, per the preliminary and unaudited report. In particular, the German ocean carrier reported a 17%...

COSCO SHIPPING Ports exceeds 35M TEUs, reports over US$380M in Q1 revenue

Antonis Karamalegkos - April 29, 2025 0

COSCO SHIPPING Ports has announced a total throughput of 35.75 million TEUs in the first quarter of 2025, translating to a 7.5% increase over...

KMTC-operated boxship and bulk carrier damaged in Vietnam collision

Container News Team - April 29, 2025 0

A feeder ship operated by Korea Marine Transport Company (KMTC) collided with a bulk carrier in Vietnam's Long Tau River, off Ho Chi Minh...

Top News

US-China ports show strain as trade war eases: Who’s hurt more and what comes next?

Fire-ravaged Morning Midas sinks under tow

Shipowners boost capacity of existing vessels

Hutchison Ports Terminal sale progresses amid scrutiny

Maritime Geopolitics is now the market

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