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Container lines set to make record profits worth US$150 billion in 2021

Container News Team - 0
Drewry, an independent maritime research consultancy has recently revised its projections of profits by container lines to a massive high of US$150 billion for...
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World’s largest container vessel calls at Colombo port

Container News Team - 0
The largest container vessel in the world, the 24,000TEU class Ever Ace has made its inaugural call at the Port of Colombo, docking at...
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12.5% of the global capacity now unavailable, possible decongestion in late 2022

Container News Team - 0
Sea-Intelligence has published a report to gauge the impact that congestion and vessel delays have had on the global deployed liner capacity, showing that...
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Coca-Cola charters bulk carriers as container conundrum continues

Container News Team - 0
Following the lead of various other global brands, Coca-Cola recently announced chartering of bulk carriers for transportation of raw materials, amid the persistence of...
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Freight rates elevated more than 90% in one year

Container News Team - 0
Xeneta Shipping Index (XSI) has revealed another monthly hike in long-term ocean freight rates, with global container prices rising by 3.2% in September, followed...
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Chinese power cuts may disturb US$120 billion of trade flows

Container News Team - 0
The current Chinese power shortages that have gripped the country could see US$120 billion of trade flows delayed, according to the risk modelling company,...
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Maersk completes B2C Europe takeover

Container News Team - 0
After the announcement of its intention to acquire B2C Europe in August, AP Moller Maersk will now complete the acquisition of the Dutch logistics...
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Schedule reliability hits all-time low in August, Maersk stays on top

Container News Team - 0
Although schedule reliability has hovered between 35%-40% for most of the year, in August 2021 it dropped to 33.6%, a new all-time low during...
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China’s CIMC buys Maersk Container Industry for US$987.3 million

Antonis Karamalegkos - 0
The Danish container logistics company AP Moller - Maersk has signed an agreement on 27 September to sell its reefer manufacturer, Maersk Container Industry...
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Cosco Shipping Lines upgrades its reefer fleet

Container News Team - 0
Cosco Shipping Lines has enhanced its refrigerated cargo fleet with active controlled-atmosphere (CA) systems, named EverFresh, which are provided by Carrier Transicold. The high-performing systems...
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Blank Sailings

THE Alliance leads the blank sailings race

Container News Team - 0
Over the next 4 weeks, The Alliance has announced 20 cancellations, followed by 2M and Ocean Alliance with 14 and 6 cancellations, respectively, according...
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Top 10: The busiest container port and terminal operators in the world

Container News Team - 0
Container News continues its exciting "Top 10" series of articles and this time we have noted the ten busiest container port and terminal operators in...
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Latest Posts

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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Streamlining Lifting Operations: Why Jib Cranes Are Essential for Compact Workspaces

Sponsored Nondas - 0
Lifting and moving heavy loads is a critical function in many industrial and commercial settings. Whether in manufacturing plants, warehouses, or workshops, efficient material...
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Cuba: The dormant diamond of Caribbean logistics

CN Premium Articles Giannis Nikolakis - 0
Geographically, Cuba is a logistics masterpiece, a maritime bridge between the Gulf of Mexico, the Panama Canal, and the U.S. East Coast shipping lanes....
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CMA CGM streamlines Euraf5 service with West Africa Port pairings

News Alexandros Itimoudis - 0
CMA CGM has announced a revised rotation for its Euraf5 service, which links the Gibraltar Straits with West Africa. The reshaped route sees the removal...
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