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Stronger financial results, lower box volumes for OOCL in 2022

Container News Team - 0
Orient Overseas (International) Limited, the parent company of Orient Overseas Container Line (OOCL) announced the full-year results for 2022, reporting revenue of US$19.82 billion. In...
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Container movement to fall in 2023: Mizuho Bank

Ioanna Kontos - 0
Mizuho Bank's industry research division predicts that demand for maritime container transport will fall in 2023 in a study on current supply and demand...
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MSC enhaces KIWI service connecting Australia, New Zealand and Thailand

Container News Team - 0
MSC announced the enhancement of its KIWI service which will connect Australia, New Zealand and Thailand on a weekly basis. The full rotation of the...
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MSC upgrades ScanBaltic to US service

Ioanna Kontos - 0
MSC introduced the expansion of its ScanBaltic to the United States service, which links the Northwest region and markets in the US. The new rotation...
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Hapag-Lloyd increases freight rates from Asia to Latin America

Container News Team - 0
Hapag-Lloyd announced a new General Rate Increase (GRI) from Asia to the West Coast of Latin America, Mexico, Caribbean and Central America. The German carrier...
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Chittagong port to receive larger vessels

Container News Team - 0
The Chittagong Port Authority (CPA) officially invited larger ships to take a berth in its jetties, to enhance productivity, leading to low import costs...
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A. P. Moller – Maersk to divest Maersk Supply Service

Ioanna Kontos - 0
A.P. Moller - Maersk has agreed to divest Maersk Supply Service (MSS), a supplier of worldwide offshore maritime services and project solutions for the...
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Maersk upgrades Oceania service

Ioanna Kontos - 0
Maersk has announced that its Polaris service will be upgraded to a weekly service, effective from April. The Danish ocean carrier said the Polaris service...
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Maersk introduces API-integrated reefer solution with shareable datalog

Container News Team - 0
A.P. Moller – Maersk announced the launch of the new Captain Peter Integrated package, enabling data integration with Application Programming Interface (API) for its...
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THE Alliance stops Cape of Good Hope diversions

Container News Team - 0
THE Alliance has stopped rerouting ships around the Cape of Good Hope on the Asia-Europe route. The rerouting was a temporary measure as sailings were...
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FMC imposes nearly US$1 million fine against Wan Hai

Ioanna Kontos - 0
The Federal Maritime Commission (FMC) has confirmed a fine of US$950,000 against Wan Hai Lines. The Taiwanese box line has also agreed to refund...
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Is integration strategy one-way street for container carriers?

Antonis Karamalegkos - 0
The diversity of services and/or products that a company can provide can help in its financial results, according to Bronson Hsieh, former chairman of...
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Cargo-partner grows UK road services from Bradford

News Antonia Saratsopoulou - 0
Cargo-partner, a group company of NIPPON EXPRESS HOLDINGS, INC., marks a significant milestone in its UK operations, expanding its road transport services from Bradford,...
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Port of Long Beach to offer free harbor cruises

News Antonia Saratsopoulou - 0
The Port of Long Beach is inviting the public aboard for a rare, up-close look at one of the world’s busiest seaports this Saturday,...
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Freightos Weekly Update: Transpacific ocean rates continue to slide

Industry Opinions Container News Team - 0
"President Trump signed an executive order on Monday extending the pause of the White House’s reciprocal tariff roll outs for a long list of...
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GEODIS rolls out new digital sales platform

News Antonia Saratsopoulou - 0
GEODIS has officially launched a new fully digital sales platform in France, in a move aimed at making logistics more accessible to small and...
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Port Newark adds new electric truck charging station

News Antonia Saratsopoulou - 0
The Port Authority of New York and New Jersey has unveiled a new electric truck charging station at Port Newark. This is a significant...
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