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Yang Ming records US$2 billion in annual net profit

Antonis Karamalegkos - 0
Taiwan's major ocean carrier Yang Ming Ming reported consolidated revenues of US$6.94 billion and a net profit after tax of US$2 billion, resulting in...
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HMM must not be slanted towards containers, says KOBC boss

Container News Team - 0
The new president of Korea Ocean Business Corporation (KOBC), HMM’s second-largest shareholder, said that South Korea’s flagship container line should diversify further beyond its...
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Somalia grants port access to Ethiopia in bid to resolve territorial dispute

Alexandros Itimoudis - 0
Somalia might allow Ethiopia, a landlocked country, to utilize one of its Indian Ocean ports, potentially resolving their ongoing territorial dispute concerning Ethiopia's desire...
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Maersk expands tech platform for South India shippers as Gemini launches direct calls

Container News Team - 0
Maersk is strengthening its tech-enabled documentation services for southern India shippers, as its cargo stakes grow with Gemini Cooperation-linked direct calls out of the...
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PSA withdraws from Tuticorin three years ahead of schedule

Container News Team - 0
India's PSA Sical, a joint venture of PSA (62.5%) and local Sical (37.5%), has withdrawn prematurely from its concession to operate Berth 7 at...
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Hapag-Lloyd’s HGT acquires majority stake in French port operator

Antonis Karamalegkos - 0
Hapag-Lloyd's Terminal & Infrastructure division Hanseatic Global Terminals (HGT) has completed the acquisition of 60% of the shares in CNMP LH, the operator of...
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Major container lines reshape Far East service networks

Ioanna Kontos - 0
Several box carriers have announced changes in their Far East service networks aiming to improve and upgrade their products. SeaLead has introduced a new service,...
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Inside BlackRock’s Role in the Game-Changing Port Acquisition Deal

Alexandros Itimoudis - 0
BlackRock, through a consortium that includes its subsidiary Global Infrastructure Partners (GIP) and MSC's Terminal Investment Limited (TIL), has agreed to acquire the international...
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Maersk’s rate-cutting shows flop of Gemini’s reliability promise

Container News Team - 0
Maersk Line has been singled out for aggressive discounts on Asia-North Europe rates, as consultancy Linerlytica suggested that Gemini Cooperation, the Danish carrier’s alliance...
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Container shipping facing uncompromising economic reality

Container News Team - 0
Shifts in services on key trade lanes are heralding the first frost of an economic winter that promises to be severe and could be...
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Africa: Key Shipping Hub of the Coming Years?

Container News Team - 0
Examining the Africa region as a key shipping hub, Danish maritime data analysis firm Sea-Intelligence has studied the vessel deployments by major liner operators,...
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CMA CGM poised to overtake Maersk as second-largest liner operator

Antonis Karamalegkos - 0
French shipping company CMA CGM is set to become the second-largest ocean carrier in the world. The Marseille-based shipping line is poised to surpass...
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DP World broadens Unifeeder’s horizons with African investments

CN Premium Articles Container News Team - 0
Markets on the African continent are developing fast as ports and logistics companies develop the shorelines and connect countries in the interior. DP World, through...
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MSC steamrolls toward 1,000 ships

News Container News Team - 0
MSC has reached another milestone, with an operated fleet of 900 boxships, according to Alphaliner’s report, comprising 609-owned and 292-chartered vessels. Alphaliner noted that the...
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AD Ports conducts first LNG ship-to-ship bunkering at Khalifa Port

Port News Alexandros Itimoudis - 0
AD Ports Group has successfully completed its first ship-to-ship liquified natural gas (LNG) bunkering operation at Khalifa Port, marking a significant milestone in Abu...
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Port of Oakland appoints first Director of Utilities

Port News Alexandros Itimoudis - 0
The Port of Oakland has appointed Andre Basler as its first-ever Director of Utilities, a newly established executive-level position created to lead the Port’s...
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Buy Instagram Likes and Watch Your Posts Go Viral Instantly!

Sponsored Giannis Nikolakis - 0
One of the best social media platforms to go viral and promote your brand is definitely Instagram. This social media platform is not just...
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