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OOCL’s new mega vessel to enhance Asia-Europe network

Orient Overseas Container Line (OOCL) hosted the naming ceremony of a brand-new 24,188 TEU vessel at the Dalian COSCO KHI Ship Engineering Co., Ltd....

CMA CGM’s revenue and earnings shrink after last record year

French ocean carrier CMA CGM saw its revenue, earnings and profits plunge in the first quarter of the year, compared with the same period...

More container services join India-Russia trade routes amid growing potential

Ocean connections between India and Russia are growing at a brisk pace, as Moscow looks to long-time natural allies to lessen the impact of...

2M cuts Tokyo from USWC service as Japanese exports fade

In another sign of declining cargo volumes to and from Japan, the 2M Alliance of MSC and Maersk has cut Tokyo from its Far...

APM Terminals Bahrain to become fully solar energy-powered by the end of 2023

APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, will launch a ground-breaking solar power project worth approximately US$10 million, which aims to...

Saadé’s CMA CGM enhances media portfolio with La Tribune takeover

The CMA CGM Group aims to acquire 100% of the share capital of HIMA Group, which owns La Tribune, a business and financial media...

Drewry’s World Container Index drops this week

Drewry’s composite World Container Index (WCI) decreased by 2% to US$1,685.32 per 40ft container this week. Source: Drewry World Container Index, Drewry Supply Chain AdvisorsThe...

MSC’s Swan service reinstated to North Europe and Poland

MSC's Swan service, which links main ports in China with North European ports in Benelux, Gdynia, Gdansk and Klaipeda, is being reintroduced as a...

World’s largest container ship arrives at Port of Antwerp-Bruges

World's largest container ship MSC Loreto arrived in Antwerp, Belgium to load and unload containers at the MSC PSA European Terminal (MPET) in the...

Tanzania invites global investor to take over operations at port of Dar es Salaam

The government of Tanzania plans to start a process of finding a global investor to run operations of the country's major port of Dar...

GEODIS buys US-based drayage provider

GEODIS acquired Southern Companies, a drayage provider based in the United States that handles all phases of the import and export process. GEODIS believes...

DP World commences direct service between UAE and Iraq

DP World has announced the start of a direct freight service between the United Arab Emirates (UAE) and Iraq, running under the name of...

Latest Posts

Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...

ABS unveils breakthrough EV Battery Fire Simulation Model

American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...

OSPAR to ban scrubber discharges

Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...

ABS to evaluate floating nuclear power plants

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...

HHLA shares solid 2024 financial results

Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the...
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