Top News Archives - Page 42 of 274

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Suez Canal restart won’t solve container shipping turbulence, warns Lars Jensen

Ioanna Kontos - August 8, 2024 0

Shippers should expect ongoing volatility in container shipping freight markets through 2025. According to Lars Jensen, CEO of Vespucci Maritime, even with operations resuming...

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Container ship newbuilds reach post-Covid high

Container News Team - August 7, 2024 0

Boxship newbuilding orders have burst back into life as the Red Sea crisis has caused freight and charter rates to reach levels not seen...

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Futures show more downside to freight rates in 2025

Container News Team - August 6, 2024 0

Shanghai container futures trades suggest that Asia-Europe freight rates could fall further in 2025, after appearing to have peaked now. On 5 August, the index...

Out of the Box

Kronospan acquires major cargo terminal at Port of Riga

Ioanna Kontos - August 6, 2024 0

In early July, SIA Kronospan Riga, a subsidiary of the Kronospan Group, a wood-based panel manufacturing company, acquired KS Terminal, the fourth-largest cargo terminal...

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Türkiye rolls out its own ETS to address EU transshipment loopholes

Antonis Karamalegkos - August 6, 2024 0

The Turkish parliament has approved a carbon pricing mechanism for the shipping sector, allowing the country to tax emissions from ships entering and departing...

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Panama Canal introduces new long-term slot allocation method

Container News Team - August 5, 2024 0

The Panama Canal announced the introduction of a Long-Term Slot Allocation (LoTSA) Method for Neopanamax vessels, as part of the Transit Booking System. With this...

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Houthis assault another CMA CGM-operated ship

Container News Team - August 5, 2024 0

A fire broke out on a container vessel operated by CMA CGM after it was hit by several Houthi missiles on 3 August. The 2002-built,...

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Adani Ports undercuts Colombo to boost hub prospects for Vizhinjam Port

Ioanna Kontos - August 5, 2024 0

High port tariffs that have long proved to be a deterrent for container lines to open more direct calls on the Indian coast are...

News

Beacon lights up shippers’ supply chains

Ioanna Kontos - August 2, 2024 0

Visibility in supply chains is the buzz word but who owns the data remains a critical test and for some just knowing where your...

News

ONE eyes cleaner fuel delivery in Shanghai

Container News Team - August 2, 2024 0

Ocean Network Express (ONE) and Shanghai International Port Group (SIPG) have signed an agreement to jointly promote the development and supply of alternative marine...

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Taiwanese government to back Yang Ming’s fleet expansion

Container News Team - August 1, 2024 0

Taiwan’s Transportation and Communications Minister Li Meng-yen said at a press conference on 30 July that with Yang Ming Marine Transport’s change of management,...

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Maersk announces preliminary Q2 revenue of US$12.8 billion

Antonis Karamalegkos - August 1, 2024 0

Based on preliminary figures, AP Moller - Maersk reports an unaudited revenue of US$12.8 billion, underlying EBITDA of US$2.1 billion and underlying EBIT of...

Top News

Asian waters see 86% rise in sea robbery in Jan-June period

Maersk and Saudi Post join forces

Few new players retreat as transpacific rates crash

CMA CGM adds new vessel to VICTORY BRIDGE service

Electric feedership to train crew

Latest Posts

Gothenburg Port signs deal with Wallenius Wilhelmsen

Neptune Pacific to implement general rate increase

Asian waters see 86% rise in sea robbery in Jan-June period

Maersk and Saudi Post join forces

Few new players retreat as transpacific rates crash