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MSC-operated ship captured by Iranian forces

MSC told Container News that it is working to secure the release of one of its operated ships that was seized by Iran’s Islamic...

Dali owners declare General Average

Grace Ocean, the owner of the container ship that knocked down the Baltimore bridge in May, has declared a General Average (GA) on the...

Maersk restructures Europe-West Africa service network

Danish ocean carrier Maersk has announced changes in its Europe-West Africa service network, which will take effect from the 17th week of the year. The...

Carriers spot bargaining room for India-Middle East cargo as Red Sea gains fade

India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from...

OOCL’s revenues fall despite container volume uptick

In the first quarter of 2024, the total revenues of Orient Overseas Container Line (OOCL) decreased by 9% year-over-year to US$2 billion. At the same...

Maersk ship dodges Houthi missile

United States forces have shot down an anti-ship ballistic missile that Houthi rebels allegedly fired at a Maersk ship in the Gulf of Aden. The...

Normalising market challenges Transpacific contract negotiations

Mainline operators have lost half of the gains seen during the early days of the Red Sea crisis, and this is placing the market...

Maersk enhances ME2 service, expanding operations to North Europe

Danish container line Maersk has unveiled upgrades to its ME2 service, extending its operations to North Europe. The ME2 service, formerly turning in the Mediterranean...

Renowned economist predicts decline of large container vessels in future trade landscape

The large container vessels might become increasingly obsolete, according to the renowned economist, historian and journalist Marc Levinson, in a future trading landscape, where...

CMA CGM vessel restarts voyage after stalling near New York bridge

One of CMA CGM’s ships has been finally permitted to resume its voyage, after suffering a loss of propulsion just outside the port of...

Kuehne+Nagel “streamlines” repoting structure worldwide

The Board of Directors of Kuehne+Nagel International AG has approved a new direct reporting of the country organisations. "This change sets the course for further...

Hapag-Lloyd takes largest ship-to-ship LBM delivery in Rotterdam

Titan Clean Fuels, a major supplier of liquefied natural gas (LNG) and liquefied biomethane (LBM) to maritime clients, along with STX Group, a global...

Latest Posts

DP World’s Tartus takeover redraws Eastern Mediterranean shipping map

In a bold move signaling a new era for East Mediterranean maritime logistics, UAE-based DP World has assumed control of Syria’s Port of Tartus,...

Port of Long Beach breaks ground on major terminal upgrade

A major terminal expansion project is now underway at the Port of Long Beach, as International Transportation Service (ITS) officially broke ground Friday on...

Oakland Board of Port Commissioners appoints new president

The Oakland Board of Port Commissioners has unanimously elected Andreas Cluver as its new President. Joining him in the leadership team are Commissioner Jahmese Myres...

How Container Shipping is Speeding Up Delivery of Homebuilding Materials

Construction is one of the primal forces that drives the world’s economy. And, as you can imagine, in construction times are almost as valuable...

ABP hosts local leaders at Millbay docks

Associated British Ports welcomed Luke Pollard, MP for Plymouth Sutton and Devonport, and Councillor Tudor Evans OBE, Leader of Plymouth City Council, to Millbay...
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