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HMM acquires more than 112,000 containers after lease amendment

South Korea’s flagship carrier HMM will take over more than 112,000 containers that it originally had on operating lease from state-controlled financial institution Korea...

COSCO invests US$110 million in Thai container terminals

COSCO SHIPPING Ports has acquired 12.5% and 30% equity stakes in Thai Laemchabang Terminal (TLT) and Hutchison Laemchabang Terminal (HLT), respectively. The signing ceremony took...

From Choke Points to Bottlenecks: Red Sea Crisis Analysis

The global shipping industry is grappling with a formidable set of disruptions that have transformed maritime choke points into critical bottlenecks. Container News has compiled...

DP World’s Port Operations in High-Risk Regions (maps+infographics)

In an era where global trade hinges on seamless shipping operations, UAE-based DP World stands at the forefront, managing a vast network of ports...

European consumers increasing spending boosts Rotterdam container volumes

Port of Rotterdam recorded 10.4 million TEUs in the first three quarters of the year, representing a 2.2% growth over the same period in...

Singapore suffers second oil spill in four months

Oil major Shell, which has a refinery in Singapore, said on 21 October that 30 to 40 tonnes of slop, a mixture of oil...

Port of Antwerp-Bruges surpasses 10 million TEU threshold in 9M2024

The total container throughput of the Port of Antwerp-Bruges reached 10.15 million TEUs in the first nine months of the year, translating to a...

Gemini’s challenge to container orthodoxy

The launch of Maersk and Hapag-Lloyd’s Gemini Cooperation will bring a new dimension to the container shipping sector with a hub and spoke shuttle...

Analysis of Smart Container Market: Current Value, Forecast, Characteristics, and Key Players

Smart containers are a revolutionary advancement in the shipping sector, enhancing efficiency, security, and operational insights. Their widespread adoption depends on addressing challenges in...

ONE-operated vessel refloated after grounding off Isle of Wight

A ship in Ocean Network Express (ONE) fleet ran aground while sailing from the UK's port of Southampton to the port of Rotterdam in...

Harim Group chairman doesn’t back down from HMM acquisition plans

Harim Group chairman Kim Hong-kuk said at a press event on 16 October that his company would consider bidding for HMM again if another...

Keelung container crane collapses

A container gantry crane in Taiwan’s Keelung port collapsed on 14 October, after it was allegedly hit by a to-be-installed crane on an incoming...

Latest Posts

CMA CGM implements PSS from Far East to West Africa

France ocean carrier CMA CGM announced Peak Season Surcharge (PSS), from Far East to South Africa. PSS amount is US$250 per TEU and will be...

Condon claims management acquires Marine Claims Associates

Condon Claims Management has announced the acquisition of US-based Marine Claims Associates LLC, a move that significantly strengthens its American business portfolio and expands...

Gebrüder Weiss announces retirement of executive board member

Gebrüder Weiss has announced the retirement of Peter Kloiber, a key member of its Management Board, marking the end of a 28-year tenure in...

Interferry and MOWCA sign landmark MOU

Interferry and Maritime Organisation for West and Central Africa (MOWCA) sign Memorandum of Understanding (MOU) to advance ferry safety in West and Central Africa. This...

Why India’s Colombo Dockyard stake signals strategic shift in Indian Ocean power balance?

In a move carrying significant geopolitical weight, India’s state-owned Mazagon Dock Shipbuilders Ltd (MDL) has secured a 51% controlling stake in Sri Lanka’s Colombo...
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