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Trump halts strikes on Houthis in deal to secure Red Sea shipping lanes

Antonis Karamalegkos - 0
In a move with significant implications for global trade, U.S. President Donald Trump announced a halt to American airstrikes on Yemen’s Houthi forces, following...
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Maersk and HD Hyundai sign deal for decarbonization and integrated logistics services

Antonis Karamalegkos - 0
On 6 May, HD Hyundai and A.P. Moller - Maersk signed a Memorandum of Understanding (MOU) to establish a decarbonization collaboration, while HD Hyundai...
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Decoding CMA CGM’s Investments and Their Geopolitical Significance

Alexandros Itimoudis - 0
In an era of mounting geopolitical tensions and fragmented trade corridors, CMA CGM is charting a bold course: investing heavily in both politically volatile...
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ICTSI achieves record net income and volume growth in Q1

Antonis Karamalegkos - 0
International Container Terminal Services, Inc. (ICTSI) has reported robust financial and operational results for the first quarter of 2025, posting solid gains across key...
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Maersk ship awaits towing after engine room fire: Updated

Container News Team - 0
A Maersk container ship remains immobile in the Atlantic Ocean following a fire in its engine room on 28 April. ...
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Ports on High Alert as Strikes and Unrest Disrupt Global Shipping Routes

Alexandros Itimoudis - 0
The global maritime system is under siege by a new breed of actors using low-cost weapons and hybrid tactics to destabilize key ports and...
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Seaspan orders 11,400 TEU sextet for COSCO charter

Container News Team - 0
Seaspan Corporation has commissioned six 11,400 TEU ships at Shanghai Waigaoqiao Shipbuilding (SWS) for long-term charter to COSCO Shipping Lines. The order was made in...
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Port News

CMA CGM renews Syrian port deal for another 30 years

Antonis Karamalegkos - 0
French ocean carrier CMA CGM has signed a 30-year agreement with the Syrian government, which includes the development of a new berth at Latakia...
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US port fees could force COSCO out of Transpacific market

Container News Team - 0
The US Trade Representative's (USTR's) implementation of port fees on Chinese ship operators and Chinese-built ships could price companies like COSCO Shipping Lines and...
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Services

Gemini partners top schedule reliability rankings

Container News Team - 0
According to Sea-Intelligence's Global Liner Performance (GLP) report, in March, global schedule reliability improved by 3 percentage points M/M to 57.5%, the highest level...
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Recession looms as tariffs turn trade upside down

Container News Team - 0
Tariffs are driving global markets into recession, succumbing to the inevitable supply and demand imbalance as carrier capacity rises and demand diminishes. Shipping lines are...
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ONE surpasses US$4.2 billion annual profit amid expanding container vessel fleet

Antonis Karamalegkos - 0
Ocean Network Express (ONE) has reported exceptional financial results for the fiscal year ending 31 March 2025, marking a period of significant growth across...
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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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