Top News Archives - Page 31 of 273

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Yang Ming extends charters on Seaspan ships by six years

Container News Team - November 1, 2024 0

Taiwanese mainline operator Yang Ming Marine Transport has extended the charters on 15 Seapsan Corporation-owned 14,000 TEU ships by six years. The ships, built in...

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“Desperate” carriers face battle to raise spot rates

Container News Team - October 31, 2024 0

European importers are locked in contract negotiations with an increasingly desperate group of container lines attempting to bolster short-term rates in an effort to...

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ONE reports nearly US$2 billion in profit for Q2 FY2024

Antonis Karamalegkos - October 31, 2024 0

Singapore-headquartered container carrier Ocean Network Express (ONE) released its financial results for the period July-September 2024, which is the second quarter of the company's...

Port News

Canadian dockers employers association rues impasse ahead of today’s strike

Container News Team - October 31, 2024 0

Canada’s Maritime Employers Association (MEA) is asking the Minister of Labour and Seniors, Steven MacKinnon, to appoint a special mediator as it has so...

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Capacity imbalance sees boxshipping tilt to buyers’ market

Container News Team - October 30, 2024 0

Major disruptions in the container shipping market have conspired to bolster flagging rates, but the same market fundamentals seen a year ago apply today...

MSC torches most vintage ships

Container News Team - October 29, 2024 0

Linerlytica’s report states that the 1982-built 1,438 TEU sister pair MSC Eyra and MSC Malin, the most aged vessels in MSC’s fleet, were sold...

Houthis claim attacks on vessels in Red Sea and Arabian Sea

Container News Team - October 29, 2024 0

On 28 October, Yemen's Houthi group announced their involvement in targeting three vessels in the Red Sea and the Arabian Sea, according to Reuters,...

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Maersk and Danone team up to cut logistics emissions

Ioanna Kontos - October 29, 2024 0

Danone, a global food and beverage company, is joining forces with Maersk to minimize its logistics greenhouse gas (GHG) emissions through Maersk’s ECO Delivery...

Imminent new strike in Montreal port

Container News Team - October 25, 2024 0

CUPE 375, the union representing longshore workers in Montreal, eastern Canada’s largest port, has issued a 24-hour strike notice, running from 7 am local...

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Vessel orders cause market paradox of falling demand and rates

Container News Team - October 25, 2024 0

Market analytics platform Xeneta has analysed the apparent contradiction in container shipping which has seen rising demand met with falling freight rates. This situation is...

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Tighter margins for DSV and K+N in 2024 to date

Container News Team - October 25, 2024 0

DSV and Kuehne + Nagel, the world’s two largest freight forwarding groups, saw their profit margins squeezed for the first nine months of 2024. DSV,...

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Grace Ocean and Synergy to pay over US$100 million for Baltimore bridge collapse

Container News Team - October 25, 2024 0

Grace Ocean, the owner, and Synergy Marine, the operator of the container ship Dali, which destroyed the Francis Scott Key Bridge in Baltimore in...

Top News

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Condon claims management acquires Marine Claims Associates

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