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MSC to re-enter car carrier market with Gram Car Carriers takeover

MSC is joining its peers in tapping into the red-hot car carrier market. The Swiss-Italian container shipping leader is bidding NOK7.64 billion (US$700 million)...

Kuehne+Nagel records net turnover of US$6 billion

Global transport and logistics company Kuehne + Nagel International AG saw a gradual uptick in demand for transportation services, particularly in the Sea and...

DSV reports US$5.5 billion revenue in 2024 first quarter

DSV kicked off 2024 on a high note, securing increased market share across all divisions. The first-quarter results are as expected and signify the...

Container port throughput indexes show mixed trends worldwide

In February, Drewry's Global Container Port Throughput Index registered at 109.2 points, marking a 0.8% decline from the previous month but an 8.3% increase...

FMC refuses to comment on contradictory D&D rules claim

The Federal Maritime Commission (FMC) has refused to comment on claims by the World Shipping Council (WSC) that its interpretive rule on detention and...

Evergreen heirs’ battle takes new twist with insider trading accusation

The tussle between the eldest and youngest sons of the Evergreen group’s late founder, Chang Yung-fa, intensified on 22 April, after the eldest son,...

Baltimore accuses Dali owner and manager of negligence and recklessness

Baltimore City Council is seeking compensation from the owner and manager of the container ship Dali over the Francis Scott Key Bridge collapse. In papers...

Maersk enhances service connecting North Europe with India

Danish ocean carrier Maersk has decided to upgrade its ME2 container service with the addition of port calls to key destinations in North Europe. In...

PIL predicts Red Sea crisis to keep it in black for 2024

Despite sharply reduced earnings in 2023, Singapore’s Pacific International Lines (PIL) expects the Red Sea crisis to keep the once-struggling liner operator in the...

Temporary channel opens in Baltimore to facilitate ship traffic after bridge collapse

The Captain of the Port of Baltimore established the Fort Carroll Temporary Alternate Channel, which is on the northeast side of the main channel...

Diamond Line stocks up NET2 service

Diamond Line, a feeder and short sea carrier, is expanding its NET2 service loop, initially established in 2017 using standard Panamax vessels. The NET2 service...

Seoul earmarks US$2.5 billion to boost vessel capacity of smaller box lines

As part of plans to grow the locally owned container shipping fleet, the South Korean government will set aside around US$2.5 billion to increase...

Latest Posts

CLdN plans expansion at Teesport

CLdN has reaffirmed its long-term commitment to Teesport, announcing plans to strengthen its freight service between Zeebrugge and the northeast UK port following P&O...

NEMO expands global influence

The Nuclear Energy Maritime Organization (NEMO) has officially been granted NGO Consultative Status with the International Maritime Organization (IMO) and has received an invitation...

Sinolines and China Merchants affiliates intensify control over Antong

Antong Holdings, the holding company of domestic shipping line Quanzhou Ansheng Shipping, could be the target of a hostile takeover by Sinotrans Container Lines (Sinolines) after...

MPA partners with InstaSG to celebrate Singapore’s maritime heritage

As part of Singapore’s 60th year of independence celebrations, the Maritime and Port Authority of Singapore has partnered with InstaSG for the 2025 edition...

Eimskip sells vessel Lagarfoss

Eimskip has announced the sale of its container vessel Lagarfoss, a ship that’s been a core part of the company’s fleet for over a...
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