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Russia-Ukraine crisis: International shipping lanes under threat?

Antonis Karamalegkos - 0
The Ministry of Foreign Affairs of Ukraine has announced it strongly protests against the decision of Russia to block parts of the Black Sea...
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ZIM confirms US$870 million charter deal for 13 boxships

Antonis Karamalegkos - 0
ZIM will charter 13 container ships from Navios Maritime Partners L.P. for a total of approximately US$870 million, according to a new agreement. The charter...
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Maersk agrees to buy US transportation and logistics firm for US$1.68 billion

Antonis Karamalegkos - 0
Maersk has announced its intention to acquire the US-based transportation and logistics company Pilot Freight Services for US$1.68 billion with the closing of the...
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HMM to shift out of Hyundai Group building, removes all Hyundai vestiges

Container News Team - 0
HMM will cut off its last remaining link to the Hyundai chaebol as South Korea’s flagship liner operator will move out of the Hyundai...
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Global container carriers thrive despite signs of rate decline

Container News Team - 0
The latest Xeneta Shipping Index (XSI) Public Indices Report has shown the decline of 3.6% in long-term contracted ocean freight rates in January fails...
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Niche container lines outperform top-14 global ocean carriers in terms of reliability

Container News Team - 0
Sea-Intelligence has reported that schedule reliability dropped from 78% in 2019 to 63.9% in 2020, and then to 35.8% in 2021, which is not...
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MSC increases prices to Middle East and Far East

Container News Team - 0
The Swiss/Italian ocean carrier Mediterranean Shipping Company (MSC) has published fresh Freight All Kinds (FAK) increases for shipments destined to Far East and Middle...
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Maersk’s 20,000 TEU container vessel runs aground off German coast

Antonis Karamalegkos - 0
Maersk has confirmed that its 2018-built Mumbai Maersk has run aground near the Port of Bremerhaven in Germany on 2 February at around 23:00...
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European freight forwarders turn liner operators

Container News Team - 0
Two freight forwarders, UK’s Uniserve and Italy’s Rifline, have begun running liner services to guarantee space to their customers, as tight shipping capacity and...
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Maersk launches warehouse construction in Chittagong

Container News Team - 0
After facing severe logistics challenges in Bangladesh for years, A.P. Moller Maersk has started building a 200,000 square feet (18,580m²) custom bonded warehouse in...
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Economic Survey 2021-22: Global container shortage to remain

Container News Team - 0
India's finance minister Niramala Sitharaman has tabled the pre-budget Economic Survey for 2021-22 in the Parliament that gives an insight into the economic status...
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Yang Ming reportedly makes exceptions with 12-month bonuses

Container News Team - 0
Yang Ming Marine Transport is said to have broken with tradition by giving staff 12-month bonuses, in response to employees clamouring for the Taiwanese...
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Latvia and Germany strengthen maritime innovation ties

News Alexandros Itimoudis - 0
Public and private sector partners from Latvia and Germany have signed a Memorandum of Understandin in Hamburg this week to boost cooperation in digital...
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Kota Oasis makes inaugural call at Lomé

News Alexandros Itimoudis - 0
PIL has announced that its latest “O”-Class vessel, Kota Oasis, made its inaugural call at the Port of Lomé, Togo. Following a successful first stop...
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MSC reaches capacity milestone further cementing its position

News Alexandros Itimoudis - 0
MSC has crossed a significant milestone, with its total container fleet capacity exceeding 6.6 million TEUs, securing a commanding 20.5% share of the global...
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Shipping risks rise as Taiwan Strait emerges as strategic flashpoint

CN Premium Articles Alexandros Itimoudis - 0
China’s military blasted the Royal Navy patrol ship HMS Spey for its deliberate attempt to cause trouble as the vessel threaded the Taiwan Strait. Britain’s...
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Maersk suspends calls to Haifa amid rising regional tensions

News Giannis Nikolakis - 0
Maersk has decided to temporarily suspend vessel calls to the Port of Haifa, Israel, as well as halt cargo acceptance for this destination. In light...
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