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New KDB boss: HMM, DSME must be sold at soonest

Container News Team - 0
Newly appointed Korea Development Bank (KDB) chairman Kang Seok-hoon said in a press briefing that the bank must divest its holdings in the country’s...
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Industry Opinions

Market report: “Container shipping market turns a corner … in lockstep?”

Container News Team - 0
Global container shipping turned a corner in the second quarter of 2022 according to the findings of the latest Quarterly Review of the market...
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Digital Series

COSCO introduces new eBL service

Container News Team - 0
COSCO SHIPPING announced the launch of the new electronic bill of lading service, named "IQAX eBL", jointly with Bank of China, on 1 September...
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Hapag-Lloyd buys 49% stake in Italian logistics group

Antonis Karamalegkos - 0
The German container shipping company Hapag-Lloyd has agreed with Spinelli Group to acquire a 49% stake in the Italian logistics firm. The Hamburg-based box carrier...
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Excessive carrier profits at risk as decline in spot rates prompts renegotiation of contract rates, reports Shifl

Container News Team - 0
SHIFEX, a container spot freight rate index, recorded the lowest freight rate in 24 months between Shanghai, China and Los Angeles, US. The index shows...
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Yang Ming chairman: Market correction is “temporary”

Container News Team - 0
Yang Ming Marine Transport chairman Cheng Cheng-mount has asserted that the ongoing correction in container freight rates is just a blip and the market...
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Major container lines make history with US$41.6 billion earnings in 2022 Q2

Antonis Karamalegkos - 0
Danish maritime analysis company Sea-Intelligence looked at the financial and volume results posted by the major container carriers for the second quarter of the...
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MSC could face default penalty in MCS’ FMC complaint

Container News Team - 0
MSC is facing a default judgement from the US Federal Maritime Commission (FMC) in the complaint brought by US furniture maker MCS Industries, after...
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Felixstowe port workers announce new strike action

Antonis Karamalegkos - 0
Workers at the port of Felixstowe will go on another strike after the failure in negotiations between the British trade union Unite and CK...
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Industry Opinions

Container spot rates on a free-slide

Container News Team - 0
The Drewry’s World Container Index (WCI) slid another 5.01% to end at US$5,378.68. The fall has been so sharp, such that the Index has...
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Shanghai and Ningbo ports brace for typhoon Muifa

Container News Team - 0
Chinese authorities have begun taking precautions with yet another typhoon approaching the Yangtze River Delta. Barely a week after super typhoon Hinnamnor brushed past Shanghai,...
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Ukraine war drives port of Constanta rapid container growth

Container News Team - 0
Port of Constanta in Romania, which is located at the crossroads of the trade routes linking markets of the landlocked countries of Eastern Europe...
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Latest Posts

The Humans Behind the Containers: Why People Still Matter in Global Shipping

Sponsored Giannis Nikolakis - 0
When we talk about shipping today, everyone’s throwing around big words like automation, blockchain, or predictive logistics. And sure, these tools are amazing. But...
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What Are the Best Cryptocurrency Solutions for Market Makers?

Sponsored Giannis Nikolakis - 0
In today’s hyper-competitive trading landscape, market makers need more than just capital and speed — they need precision tools and reliable infrastructure. From algorithmic...
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DP World to redevelop Tartus port under historic agreement

News Alexandros Itimoudis - 0
DP World has entered into a landmark 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the...
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CMA CGM updates loyalty program for Indian spot customers amid volume pressure

CN Premium Articles Container News Team - 0
Container lines seem to be attempting newer incentive schemes to push cargo support from low-volume shippers out of India as bookings slow down amid tariff...
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IHI and Vopak sign joint development agreement for ammonia terminal in Japan

News Alexandros Itimoudis - 0
IHI Corporation and Royal Vopak have entered into a joint development agreement to establish a new joint venture focused on developing and operating an...
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