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DP World to invest $2.5 Billion in 2025 to strengthen global logistics network

Alexandros Itimoudis - 0
DP World has announced a major investment of $2.5 billion in 2025 to expand its global logistics infrastructure, with new projects spanning India, Africa,...
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PIL reports record profit of US$1.34 Billion for FY2024 amid strong market performance

Alexandros Itimoudis - 0
Pacific International Lines (PIL) delivered a robust financial performance in FY2024, posting a net profit after tax of US$1.342 billion, a significant increase from...
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MSC ship stopped for unauthorised anchoring off Port Klang

Container News Team - 0
The Malaysian Maritime Enforcement Agency (MMEA) has detained an MSC container ship after it was found to have anchored without permission in the country's...
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Houthis announce naval blockade of Israeli port of Haifa

Alexandros Itimoudis - 0
Yemen's Houthi rebels declared on Monday their intention to impose a naval blockade on Israel’s port of Haifa, citing retaliation for Israel’s intensified military...
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Tripoli port operations halted after clashes erupt in Libya

Antonis Karamalegkos - 0
Due to the ongoing security situation in Tripoli, Libya, port operations have been suspended until further notice. The German ocean carrier Hapag-Lloyd announced the temporary...
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Premier Alliance announces Transpacific service updates

Container News Team - 0
The Premier Alliance of HMM, Yang Ming, and Ocean Network Express (ONE) has announced changes to its Transpacific West Coast service network. The new PS5...
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MSC revises East-West trade network

Antonis Karamalegkos - 0
Swiss/Italian ocean carrier MSC will disconnect its Europe-Far East Swan and Far East-US West Coast Sentosa services and combine the latter with the Far...
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DP World bets big on Latin America

Alexandros Itimoudis - 0
DP World’s recent strategic investments in Latin America reveal a clear and deliberate pattern focused on securing and strengthening its presence in critical transshipment...
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Suez Canal offers 15% transit fee discount for large boxships

Container News Team - 0
Egypt’s Suez Canal Authority (SCA) announced a 15% discount on transit fees for container ships with a net tonnage of at least 130,000 metric...
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Record cocaine haul in Busan port

Container News Team - 0
More than 700 kilos of cocaine were seized on 10 May by Korea Customs from a container on a ship operated by Hapag-Lloyd, making...
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MSC Antonia grounding tied to escalating GPS jamming near Jeddah

Container News Team - 0
Three days after running aground off the coast of Jeddah, Saudi Arabia, the 7,000 TEU container ship MSC Antonia remains stranded in the Red...
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U.S. and China slash tariffs in major trade breakthrough

Container News Team - 0
The United States and China have agreed to suspend the majority of tariffs on each other’s goods, signaling a significant easing of trade tensions...
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July 2025

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Port of refuge deal closer for more stable Wan Hai 503

CN Premium Articles Container News Team - 0
Salvage teams assisting with the Wan Hai 503, which suffered a cargo fire on 9 June, have further stabilised the ship and reduced the...
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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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