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Saudi Arabia accelerates maritime logistics power play amid $600 billion US investment deal and Syria reintegration

Alexandros Itimoudis - 0
Saudi Arabia is rapidly advancing its ambitions to become a global logistics powerhouse, following the surprise announcement of a $600 billion investment pledge in...
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PIL reports record profit of US$1.34 Billion for FY2024 amid strong market performance

Alexandros Itimoudis - 0
Pacific International Lines (PIL) delivered a robust financial performance in FY2024, posting a net profit after tax of US$1.342 billion, a significant increase from...
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MSC ship stopped for unauthorised anchoring off Port Klang

Container News Team - 0
The Malaysian Maritime Enforcement Agency (MMEA) has detained an MSC container ship after it was found to have anchored without permission in the country's...
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South China Sea faces heighten risk as China and Taiwan aim to launch military drills

Alexandros Itimoudis - 0
As China launched a surprise live-fire military exercise in the Taiwan Strait from May 20 to 22, heightened risks to shipping routes vital to...
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Port Houston sets New April record for container volumes

Alexandros Itimoudis - 0
Port Houston continued its strong performance in April 2025, handling 387,478 TEUs across its public terminals, a 20% year-over-year increase and a new record...
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-50% OFF Container News Premium – Limited Time Only!

Giannis Nikolakis - 0
To mark this incredible milestone of reaching 100,000 followers on LinkedIn, we're giving back to the community that made it possible. For a limited time...
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Houthis announce naval blockade of Israeli port of Haifa

Alexandros Itimoudis - 0
Yemen's Houthi rebels declared on Monday their intention to impose a naval blockade on Israel’s port of Haifa, citing retaliation for Israel’s intensified military...
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ZIM delivers strong Q1 results, reaffirms full-year outlook

Antonis Karamalegkos - 0
ZIM Integrated Shipping Services Ltd. announced a strong start to 2025, reporting impressive financial and operational results for the first quarter. The company posted revenues...
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CSBC Corp. worker dies after falling into tanker cargo hold

Container News Team - 0
A worker at Taiwanese shipbuilder CSBC Corporation died today (19 May), after falling into a 5-metre deep cargo hold in a products tanker that...
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CMA CGM sees revenue and earnings rise amid market uncertainty

Antonis Karamalegkos - 0
French shipping company CMA CGM has achieved improved financial results in the first quarter of 2025. In particular, CMA CGM reported US$13.26 billion in revenue,...
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Tripoli port operations halted after clashes erupt in Libya

Antonis Karamalegkos - 0
Due to the ongoing security situation in Tripoli, Libya, port operations have been suspended until further notice. The German ocean carrier Hapag-Lloyd announced the temporary...
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Shippers wary of market manipulation via capacity management

Container News Team - 0
A flood of new tonnage in the early part of this year suggests container rates will inevitably head into decline, but a series of...
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Red Sea shipping traffic rebounds as Houthis limit targets

News Alexandros Itimoudis - 0
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...
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CMA CGM applies new surcharge from Far East to West Africa

Rates & Surcharges Container News Team - 0
French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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China to counterbalance Panama setback through South America projects

CN Premium Articles Alexandros Itimoudis - 0
As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...
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PIL christens new 8,200 TEU boxship

News Container News Team - 0
Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...
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Singapore authorities away grounded container barge

News Container News Team - 0
Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
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