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Container lines report record profitability in the third quarter

Container News Team - 0
Αll global ocean carriers saw revenues increase substantially as a consequence of the record-high freight rates, with year-on-year revenue growth ranging from 83.9% for...
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Maersk vessel disabled in the English Channel

Container News Team - 0
The 2008-built Maersk Bulan was disabled around 07:30 UTC on 26 November in the English Channel. The incident happened while the ship was on...
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COSCO signs Tianjin Container Terminal acquisition deal

Antonis Karamalegkos - 0
COSCO SHIPPING Ports (Tianjin) and China Shipping Terminal Development Co. (CSTD) have signed the Tianjin Container Terminal (TCT) joint venture agreement and the articles...
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CMA CGM reschedules services to avoid congestion

Container News Team - 0
CMA CGM has published the revision of a couple of its services with port call removals, as an effort to confront the global port...
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CMA CGM achieves massive US$5.6 billion profits

Container News Team - 0
CMA CGM Group has reported an astonishing surge in its profits during the third quarter of the year, reporting US$5.6 billion, while last year...
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Top 10: Ship owning nations in the world

Container News Team - 0
November 2021 total fleet values in the following Top 10 Ship Owning Nations list include the following vessel types: Bulker, Tanker, Container, Reefer, Small...
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Zinus agrees with Maersk for fixed-rate stable container supply in 2022

Antonis Karamalegkos - 0
The world's largest container line Maersk will provide Zinus with a stable supply of containers at a fixed price in the next year, allowing...
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Ever Given resumes service after 40-day facelift

Container News Team - 0
Ever Given, which ran aground in the Suez Canal on 23 March, completed 40-day maintenance and repair in Qingdao Beihai Shipbuilding Heavy Industry on...
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Rate reduction could take 18-30 months, reports Sea-Intelligence

Antonis Karamalegkos - 0
The Danish provider of research & analysis, data and advisory services within the global supply chain industry, Sea-Intelligence has analysed the composite China Containerized...
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World’s largest LNG tank container ship launched

Container News Team - 0
Tiger Gas (Shanghai), part of Hong Kong shipping investor Graham Porter's portfolio, has launched the world's largest LNG tank container ship. The ship, Tiger Maanshan,...
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MSC container vessel troubled in South African waters

Container News Team - 0
Maltese flagged MSC Trieste had been adrift since the morning of 10 November. The incident came to light in waters west of Port Elizabeth,...
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Hapag-Lloyd’s profit skyrockets to US$6.7 billion

Container News Team - 0
Hapag-Lloyd has concluded the first nine months of 2021 with an EBITDA of US$8.2 billion, while the EBIT was also much higher than in...
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Thessaloniki port Revival: Balkan gateway reawakens

CN Premium Articles Giannis Nikolakis - 0
 For decades, Thessaloniki was a port with strategic promise but structural limitations, ideally located at the crossroads of Europe and the Balkans, yet constrained...
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Vigor Marine Group’s consolidation signals US push to counter China’s shipbuilding dominance

CN Premium Articles Alexandros Itimoudis - 0
In a bold move to strengthen America’s maritime capabilities, five leading US ship repair and marine service providers have united under a single banner. This...
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AI reshape shipping operations

CN Premium Articles Alexandros Itimoudis - 0
The integration of artificial intelligence into shipping operations, is poised to transform competition in the maritime industry by enhancing efficiency, safety, and sustainability while...
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From risk to reliability: The case for specialist freight partners

Industry Opinions Giannis Nikolakis - 0
The freight forwarding landscape is increasingly complex. Importers and exporters are navigating a minefield of shifting customs regulations, stricter environmental pressures, and a rapidly...
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Calling Up Innovation: How Large-Format 3D Printing Is Changing the Manufacturing Game

Sponsored Nondas - 0
The manufacturing industry has always been at the forefront of adopting new technologies to improve efficiency, reduce costs, and expand creative possibilities. In recent...
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