Top News Archives - Page 11 of 271

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...

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Wan Hai Chief: Transpacific Volumes Weak, Not Wiped Out

Container News Team - April 28, 2025 0

Amid the US-China tariff war, Wan Hai Lines’ General Manager Tommy Hsieh admitted that Transpacific volumes are far from ideal, as shippers have paused...

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Trump’s market distortions will skew demolition market

Container News Team - April 28, 2025 0

Uncertainty and market defamation are the hallmarks of Donald Trump’s tariff and port fee policies, but with a growing over-capacity challenge, the distortion may...

News

CEVA Logistics to acquire Turkey’s Borusan Tedarik for US$440 million

Antonis Karamalegkos - April 28, 2025 0

CEVA Logistics, the logistics arm of French shipping giant CMA CGM, has signed a binding agreement to acquire 100% of Turkish logistics provider Borusan...

News

Pakistan halts trade and closes borders with India

Antonis Karamalegkos - April 25, 2025 0

Pakistan has suspended all trade with India and shut its airspace and land borders in response to sanctions imposed by New Delhi. The measures follow...

Port News

CMA CGM gains control of South America’s largest container terminal

Antonis Karamalegkos - April 25, 2025 0

CMA CGM Group has confirmed the closing of its acquisition of approximately 47.9% of Santos Brasil Participações S/A (Santos Brasil) from funds managed by...

Blank Sailings

Tariff war spurs surge in Transpacific blank sailings

Container News Team - April 24, 2025 0

The US tariff war continues to directly affect container shipping operations, as the number of cancelled sailings on the Transpacific trade increased drastically this...

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Small parcel exports to be hit by Trump policies

Container News Team - April 24, 2025 0

Single shipments out of China will be one of the hardest hit industries as consolidation in containers for single parcels will no longer be...

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ZIM and TS Lines withdraw Τranspacific routes

Container News Team - April 23, 2025 0

Israeli ocean carrier ZIM and Hong Kong-based regional carrier TS Lines have joined MSC and Premier Alliance in pulling Transpacific services, as container volumes...

PSA mulls sale of its stake in CK Hutchison

Container News Team - April 23, 2025 0

Singapore’s port and terminal operator PSA International is considering selling its 20% stake in CK Hutchison’s global ports business, according to a report by...

Top News

Mersin & Izmir: Türkiye’s East Med Port Strategy

Crowley launches first direct service linking US Northeast and Central America

Capacity surge plus paucity of demand, equals rate erosion

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

Fire-ravaged Morning Midas sinks under tow

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