11.4 C
Hamburg
Monday, June 9, 2025
Home Top News

Top News

PSA mulls sale of its stake in CK Hutchison

Singapore’s port and terminal operator PSA International is considering selling its 20% stake in CK Hutchison’s global ports business, according to a report by...

Maritime unimpressed by USTR’s fee regime

Carrier representatives and analysts remain unimpressed with the US Trade Representative's (USTR's) announcement to levy charges on Chinese-built or operated vessels according to their...

European carriers lead in reefer capacity

Asian liner operators continue to lag behind their European peers in reefer capacity, as the latter have invested more in fully cellular container ships...

Japanese firms to build new terminals at Matarbari Deep Sea Port

Bangladesh awarded contracts to two Japanese companies - Penta-Ocean Construction and TOA Corporation - to build one container terminal and one multipurpose terminal at...

Wan Hai website hacked in Good Friday attack

The website of the Taiwanese liner operator Wan Hai Lines was shut down for three days after being hacked on Friday (18 April). In a...

Ocean Carriers Slash Transpacific Capacity Amid Tariff Turmoil

According to analysts at Sea-Intelligence, the current political landscape is marked by extreme volatility, with tariffs being imposed and lifted at a rapid pace....

Malaysia as Trade Bridge Amid Rising Global Tensions

As new U.S. tariffs disrupt established supply chains, Malaysian ports appear to be weathering the storm with resilience. Recent data reveals sustained growth in port...

DP World broadens Unifeeder’s horizons with African investments

Markets on the African continent are developing fast as ports and logistics companies develop the shorelines and connect countries in the interior. DP World, through...

MSC steamrolls toward 1,000 ships

MSC has reached another milestone, with an operated fleet of 900 boxships, according to Alphaliner’s report, comprising 609-owned and 292-chartered vessels. Alphaliner noted that the...

Tariff pause halves affected container trade for now

Clarksons’ analysis shows that US President Donald Trump’s 90-day pause on import tariffs, except those from China, means that for now, 6% of global...

Vasi Shipping files for bankruptcy

Vasi Shipping has initiated bankruptcy proceedings on 10 April 2025 with an outstanding debt of US$19 million owed to creditors, according to Linerlytica. The shipping...

CMA CGM buys 35% in Egypt’s October Dry Port

CMA CGM aims to expand its footprint in Egypt, leveraging the country’s strategic position as a gateway to the Mediterranean, Red Sea, and broader...

Latest Posts

Red Sea shipping traffic rebounds as Houthis limit targets

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...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

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...

PIL christens new 8,200 TEU boxship

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...

Singapore authorities away grounded container barge

Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
error: Content is protected !!