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MSC vessel loses containers in rough seas off Portugal

Container News Team - 0
The MSC-operated container ship MSC Houston V lost 15 boxes in the Atlantic Ocean off the coast of Portugal on 20 March after encountering...
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Gaza escalation raises risks of further disruptions in Red Sea

Alexandros Itimoudis - 0
The ceasefire between Israel and Hamas ended on March 18, with Israel resuming military operations in the Gaza Strip. This development heightens concerns regarding...
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Major container lines report over US$27 billion in 2024 earnings

Ioanna Kontos - 0
The major shipping lines that have reported and published their financial figures for 2024 have recorded combined full-year earnings before interest and taxes (EBIT)...
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Bengal Tiger Line expands services to the Mediterranean

Alexandros Itimoudis - 0
Singapore-based ocean carrier Bengal Tiger Line (BTL) has broadened its operational reach to the Mediterranean by introducing a new service route connecting Turkey, the...
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BIMCO: US port fees to hurt US trade more than curb China’s dominance

Antonis Karamalegkos - 0
Charging fees on China-linked vessels calling at US ports will significantly increase the cost of seaborne transport to and from the United States –...
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HMM, Wan Hai and ZIM among stellar performers of 2024

Container News Team - 0
HMM, Wan Hai Lines and ZIM Line were the best-performing liner operators in 2024, which was the third best year for the industry, with...
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Plastic pellet pollution detected in North Sea

Container News Team - 0
Following the collision in the North Sea between the container ship Solong and the tanker Stena Immaculate, industrial plastic pellet pollution has been detected...
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Li family accused of betrayal in Hutchison terminal sale

Container News Team - 0
Chinese state media Ta Kung Pao has accused the owners of CK Hutchison of betraying the interests of the Chinese people, following the company’s...
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Hanwha takes stake in Australian shipbuilder Austal

Antonis Karamalegkos - 0
South Korean business conglomerate Hanwha Group now holds a 9.9% stake in Australian shipbuilding firm Austal, according to an exchange filing. The filing revealed that...
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Triton acquires GCI in a deal exceeding US$1 billion

Container News Team - 0
US container leasing company Triton International will buy its compatriot competitor Global Container International (GCI), according to a report by DynaLiners. The transaction, including outstanding...
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Geopolitics, tariffs and war result in rates bloodbath

Container News Team - 0
A rates bloodbath is shaping up as fundamentals in supply and demand finally overwhelm the black swan events that have seen shipping lines bank...
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Evergreen’s financial figures skyrocket in 2024

Container News Team - 0
Taiwan's major shipping company Evergreen Marine Corporation announced improved financial results during 2024. In particular, the ocean carrier reported revenue of TWD 463.6 billion (US$14.1...
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Sea-Intelligence reports increase in global schedule reliability

News Antonia Saratsopoulou - 0
Sea-Intelligence has published issue 166 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including May 2025. As the 120-page...
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HD Hyundai expands global tie-up with Cochin Shipyard

CN Premium Articles Container News Team - 0
HD Hyundai, South Korea’s largest shipbuilding group, is teaming with India's largest state-owned shipbuilder, Cochin Shipyard, to enter the South Asian country’s nascent shipbuilding industry. ...
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Cavotec secures €5 million MoorMaster deal

News Antonia Saratsopoulou - 0
Cavotec has landed a €5 million contract to supply its cutting-edge MoorMaster® automated vacuum mooring system to a container terminal in Morocco. This is...
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European Economies Record Mixed Q2 Results

News Giannis Nikolakis - 0
In the second quarter of 2025, European countries showed mixed performance in the UNCTAD Liner Shipping Connectivity Index (LSCI), which benchmarks global maritime connectivity. Several...
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Oregon approves US$100 Million for Pacific Coast Intermodal Port

News Antonia Saratsopoulou - 0
In a major win for Oregon’s South Coast, the state legislature has approved US$100 million in bonding support for the Pacific Coast Intermodal Port...
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