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Matson doubles Q1 profit despite flat container volumes

Antonis Karamalegkos - 0
In the first quarter of 2025, Matson reported a net profit of US$72.3 million—more than double its earnings from the same period last year—driven...
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Maersk unveils new container design in its signature blue

Antonis Karamalegkos - 0
After more than 50 years of using grey containers with white lettering, Maersk is updating the look of its dry containers to reflect a...
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Red Sea peace deal could flood container market with tonnage

Container News Team - 0
A return of commercial shipping to the Suez Canal route could flood the container market with excess tonnage and send freight rates plunging to...
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Maersk records strong Q1 financial results

Antonis Karamalegkos - 0
Danish container carrier Maersk has announced improved financial results for the first quarter of the year, driven by momentum in operational efficiency and a...
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Africa: The Bright Spot in Deepsea Container Routes

Container News Team - 0
By Alison Koo, Asia Correspondent Africa is now offering the best spot freight rates for Chinese containerised exports, according to Alphaliner. ...
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DP World opens first warehouse in Singapore

Container News Team - 0
DP World has announced the establishment of its first-ever logistics asset in Singapore, located in the city-state, which is the financial conduit between China...
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Port congestion shows strain on chaotic container market

Container News Team - 0
Port congestion, particularly in northern Europe, is raising concerns of increasing delays and rising port charges as ports struggle to handle an increase in...
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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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Fire-ravaged Morning Midas sinks under tow

News Giannis Nikolakis - 0
Morning Midas, the car carrier that caught fire on 3 June, sank in the Pacific Ocean in the afternoon (UK time) on 23 June, while the...
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Port Houston posts steady growth in May

News Alexandros Itimoudis - 0
Port Houston recorded another month of steady performance in May 2025, handling 381,640 TEUs, marking a 5% year-over-year increase. Year-to-date, the port has processed 1,837,813...
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Kalmar appoints new Senior Vice President in Human Resources

News Alexandros Itimoudis - 0
Kalmar Corporation has announced the appointment of Hanna Reijonen as Senior Vice President, Human Resources, effective 6 October 2025. She will also join the Kalmar...
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DHL supply chain North America appoints new CEO

News Alexandros Itimoudis - 0
DHL Group has announced that Mark Kunar has been appointed CEO of DHL Supply Chain North America, effective immediately. He succeeds Patrick Kelleher, who has...
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EuroHoldings announces share transfer to Marla Investments

News Alexandros Itimoudis - 0
EuroHoldings has announced the sale of 51.04% of its outstanding common shares to Marla Investments. The transaction was completed through a Stock Purchase Agreement with...
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