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Nippon Express Group buys Austria-based global logistics player

Οwner and founder of cargo-partner Stefan Krauter has decided to sell the Austrian global logistics firm to Japanese stock-listed Nippon Express Holdings, which is...

HMM’s revenue and profits plunge in the first quarter of 2023

HMM has announced its revenue fell 58% in the first quarter of the year to US$1.56 billion (KRW 2,082 billion) from US$3.68 billion (KRW...

Yang Ming’s first quarter profit exceeds US$110 million

Yang Ming reported first quarter revenues of US$1.22 billion and net profit of US$112 million with earnings per share (EPS) of NT$0.97. According to the...

Port of Genoa prepares for larger vesels

The innovative project at Genoa Port comprises building a marine infrastructure that will operate as a bulwark at sea and safeguard the basins and...

Reliability rises close to pre-pandemic levels, reports Sea-Intelligence

Danish maritime data analysis company Sea-Intelligence has reported noticeable improvements across all metrics of schedule reliability and average delay on a global, carrier, carrier...

2M Alliance injects additional vessels into Asia – Europe services

2M Alliance of Maersk and MSC has announced changes to its Asia - Europe network aiming to improve the reliability of its services and...

MSC to open new office in the United States

MSC has unveiled its plans to construct a new office in Tempe, Arizona increasing its network of facilities throughout the United States. The building of...

US container imports tumble after 2022 record levels

According to the Global Port Tracker report released recently by the National Retail Federation (NRF) and Hackett Associates, import cargo volume at the United...

Indian container volumes shrink as Mundra Port takes a hit

Indian ports got off to a slower start in the fiscal year 2023-24, which began on 1 April. According to exclusive data obtained by Container...

HMM starts solo intra-Asia route after ending joint operation with KMTC Line

South Korea's flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was codesharing with its compatriot regional carrier Korea...

CMA CGM, Bolloré Logistics close to US$5.5 takeover deal

French shipping group CMA CGM has agreed to acquire 100% of Bolloré Logistics for €5 billion (around US$5.5 billion), after exclusive negotiations between the...

Upsized 14,000 TEU container ship arrives at Port of Halifax

The 14,000 TEU container ship ONE Stork is the first upsized EC5 vessel that has arrived at the Port of Halifax in Canada. The boxship...

Latest Posts

Sea-Intelligence reports increase in global schedule reliability

Sea-Intelligence has published issue 166 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including May 2025. As the 120-page...

HD Hyundai expands global tie-up with Cochin Shipyard

HD Hyundai, South Korea’s largest shipbuilding group, is teaming with India's largest state-owned shipbuilder, Cochin Shipyard, to enter the South Asian country’s nascent shipbuilding industry. ...

Cavotec secures €5 million MoorMaster deal

Cavotec has landed a €5 million contract to supply its cutting-edge MoorMaster® automated vacuum mooring system to a container terminal in Morocco. This is...

European Economies Record Mixed Q2 Results

In the second quarter of 2025, European countries showed mixed performance in the UNCTAD Liner Shipping Connectivity Index (LSCI), which benchmarks global maritime connectivity. Several...

Oregon approves US$100 Million for Pacific Coast Intermodal Port

In a major win for Oregon’s South Coast, the state legislature has approved US$100 million in bonding support for the Pacific Coast Intermodal Port...
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