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Container ship demolition sales surge in January

Antonis Karamalegkos - 0
The first month of 2023 was the busiest month for container vessel demolitions since July 2020, according to a recent VesselsValue report. A total of...
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ONE joins forces with Sony for smart container solution

Antonis Karamalegkos - 0
Singapore-based container line Ocean Network Express (ONE) has announced plans to develop and integrate a smart container solution across its global fleet in collaboration...
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MSC announces rate increase from India and Pakistan to European major ports

Container News Team - 0
Swiss/Italian container carrier Mediterranean Shipping Company (MSC) has announced the following freight rates, which will be effective from 1 March 2023 until 31 March...
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Danish analysts see “price war” behind carriers reaction to recent container demand collapse

Ioanna Kontos - 0
Danish maritime data analysis company noted the different approaches of container shipping lines to the demand decrease at the beginning of 2020 caused by...
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Cyclone Gabrielle wreaks havoc on New Zealand ports

Container News Team - 0
Container movements to key New Zealand ports have been interrupted as the country declared a state of emergency in the wake of Cyclone Gabrielle...
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Maersk sues Evergreen and Shoei Kisen over Suez Canal blockage

Antonis Karamalegkos - 0
A.P. Moller-Maersk confirmed that it has filed a lawsuit against Japan’s Shoei Kisen, the owner of Ever Given, and Evergreen, the operator of the...
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Nhava Sheva truckers voice concerns over box scanning delays

Container News Team - 0
Container trailer operators serving India's Nhava Sheva Port (JNPT) are reporting long truck waits and congestion problems at the terminal entry points due to...
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Two container vessels suffer severe damage after collision in Vietnam

Antonis Karamalegkos - 0
Two container vessels collided on the Long Tau river in southern Vietnam on 11 February. The two ships and many containers were severely damaged. The...
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HMM achieves annual profits of over US$7 billion

Antonis Karamalegkos - 0
South Korean container shipping company HMM saw its revenue rose 34.7% to US$14.57 billion in 2022, while its operating profit increased by 34.8% to...
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Shanghai Composite Index falls into triple digits

Ioanna Kontos - 0
The Shanghai Containerized Freight Index (SCFI) issued after Chinese New Year 2023 saw the index fall into the triple digits, closing at US$995 for...
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Drewry’s World Container Index sinks below US$2,000 for first time in 32 months

Container News Team - 0
The Drewry's World Container Index (WCI) annexed the psychological mark of US$2,000 on the downside for the first time since July 2020, post the...
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Iskenderun port fire to cause trade loss of around US$680 million: Russel Group

Ioanna Kontos - 0
According to Russell Group, a data and analytics company, the container fire at the Port of Iskenderun in Turkey, caused by the heavy earthquake,...
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Konecranes to supply more cranes to Super Terminais

News Giannis Nikolakis - 0
Brazilian terminal operator Super Terminais is expanding its equipment fleet with the order of three more Konecranes Gottwald ESP.10 mobile harbor cranes, reinforcing its...
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Shipping industry calls for action after deadly Red Sea attacks

News Giannis Nikolakis - 0
Leading global shipping associations have issued a joint statement condemning the recent attacks on merchant vessels in the Red Sea, which have resulted in...
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Liebherr delivers 2,000th mobile harbour crane to Marcegaglia

News Giannis Nikolakis - 0
A major milestone was reached in European port logistics on 8 July, as Liebherr officially handed over its 2,000th mobile harbour crane, to steel...
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Barcelona Port kicks off first Shore Power Project

News Antonia Saratsopoulou - 0
The Port of Barcelona has officially launched its first Onshore Power Supply (OPS) project for cruise ships, marking a major step in its wider...
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Researcher urges caution for South Korean shipbuilders eyeing tie-ups with US peers

CN Premium Articles Container News Team - 0
The Export-Import Bank of Korea (KEXIM) is calling on the country's shipbuilders to assess the risks before working with US shipbuilders. KEXIM’s Overseas Economics Research...
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