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Tariff pause sends valuation of six listed container carriers past US$10 billion

Container News Team - 0
Six publicly-listed container carriers saw their market valuation exceed US$10 billion in May, as the Red Sea crisis plus windfall profits from the threat...
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Wan Hai ship explodes further as search for missing crew continues

Container News Team - 0
More blasts have rocked the container ship Wan Hai 503 as hopes fade for the four seamen who went missing when an initial explosion...
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New electric terminal tractors enter operations at APM Terminals Pier 400

Alexandros Itimoudis - 0
APM Terminals Pier 400 has introduced the largest fleet of electric terminal tractors (ETTs) at the Port of Los Angeles. Delivered by Orange EV in...
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SeaLead appoints new CFO

Alexandros Itimoudis - 0
SeaLead has announced the appointment of Simran Sethi as the company's new Chief Financial Officer (CFO). Based at the company’s headquarters in Singapore, Sethi will...
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MSC announces freight rates from Far East to North Europe, Mediterranean and Black Sea

Alexandros Itimoudis - 0
MSC has announced updated freight rates effective from 15 June 2025 until further notice, but no later than 30 June 2025. ...
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Long term unpredictability forecast for container market

Container News Team - 0
Shippers and forwarders should brace for prolonged disruptions in the container trade, with economists and industry experts expecting the US administration’s trade war to...
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Hapag-Lloyd revamps Africa structure with new four-Area setup

Antonis Karamalegkos - 0
Hapag-Lloyd has decided to proceed with a strategic restructuring of its Africa organizational setup across the continent. The German shipping company will change its current...
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Container lines report soaring earnings

Antonis Karamalegkos - 0
Ocean carriers have reported strong first-quarter results, despite geopolitical challenges and an uncertain market environment. Nearly all major container lines (that officially publish their financial...
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MSC makes history by deploying 24,000 TEU megaships on West Africa routes

Alexandros Itimoudis - 0
MSC has become the first carrier to introduce ultra-large container vessels with a capacity of 24,000 TEUs to Africa. The deployment of the container vessels...
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Lidl’s ocean carrier strengthens its Asia service network

Antonis Karamalegkos - 0
Lidl-owned Tailwind has decided to enhance its service network within Asia, with the Tiger Express Service (TEX) being expanded to include one call in...
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CMA CGM partners with Nike on first fully electric container barge in Vietnam

Antonis Karamalegkos - 0
CMA CGM has proceeded with the decarbonization of river transport in Southeast Asia, launching the first fully electric container barge in Vietnam. The project was...
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Hapag-Lloyd applies US$2,000/box rate increase on North America shipments

Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) from the Indian Subcontinent and the Middle East to North America. For...
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Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

CN Premium Articles Giannis Nikolakis - 0
In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...
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ABS unveils breakthrough EV Battery Fire Simulation Model

News Antonia Saratsopoulou - 0
American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...
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OSPAR to ban scrubber discharges

News Giannis Nikolakis - 0
Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...
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ABS to evaluate floating nuclear power plants

News Giannis Nikolakis - 0
American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...
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HHLA shares solid 2024 financial results

News Antonia Saratsopoulou - 0
Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the...
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