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Maersk circles DB Schenker as it ponders acquisition

Container News Team - 0
Maersk has appointed financial advisors to help the carrier evaluate its freight forwarder target DB Schenker which was put up for sale last year. Danish...
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ZIM reports US$2.7 billion annual net loss amidst financial downturn

Antonis Karamalegkos - 0
Israeli ocean carrier ZIM announced its results for the previous year, following the trend observed across major container lines, according to which the companies'...
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Red Sea developments fail to overcome seasonal lull as rates correct

Container News Team - 0
With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have...
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Red Sea crisis spurs surge in TEU capacity: Newbuildings fully absorbed

Antonis Karamalegkos - 0
The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven...
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Singaporean bulk carrier hit by Houthi missiles in mistaken identity

Container News Team - 0
Houthi rebels have apparently fired at a Singaporean-owned bulk carrier after mistaking it for a US ship. The 2012-built Singapore-flagged Supramax vessel, Propel Fortune, was...
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Red Sea challenges boost charter rates

Container News Team - 0
Analysts and brokers are continuing to report charter rates spiralling upwards as carriers look to plug gaps in their diverted Asia to Europe services...
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Hapag-Lloyd teams up with Ankeri Solutions in “transformative” partnership

Ioanna Kontos - 0
German shipping company Hapag-Lloyd has entered into a contract partnership with Ankeri Solutions, an innovative software firm specializing in maritime sustainability solutions. This strategic alliance...
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Maersk revises PSS from Far East to East Coast South America

Ioanna Kontos - 0
Maersk has announced a revision of its Peak Season Surcharge (PSS) for shipments from Far East Asia to East Coast South America for all...
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Course reversal: HMM sale not on the cards

Container News Team - 0
South Korea's Oceans and Fisheries Minister Kang Do-hyung said the government is not planning another attempt to sell its interest in HMM anytime soon. Kang...
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Malaysia’s first AI-based port to be built in Port Dickson

Container News Team - 0
Malaysia will build its first artificial intelligence-based container port. The facility will also be the first container port in the city of Port Dickson...
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Houthis first fatal ship attack: Three seafarers killed

Container News Team - 0
Houthi rebels have inflicted the first fatal attack on a ship since the Iran-backed group began reprisals for the Israel-Gaza War in November 2023. Three...
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Volta Shipping appoints new commercial head

Container News Team - 0
United Arab Emirates-based shipping company Volta Shipping has announced the appointment of Sankhoj Das as the head of its Commercial team. With a background in...
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Sea-Intelligence: Transpacific capacity injection is reversed

News Antonia Saratsopoulou - 0
According to Sea-Intelligence, on April 9th, 2025, the US announced 145% tariffs on China, stifling Transpacific container shipping demand, and the shipping lines responded...
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CMA CGM enhances ISX service

Services Giannis Nikolakis - 0
CMA CGM’s Short Sea Lines Division has announced an upgrade to its IRISH SEA EXPRESS (ISX) service with the addition of a Zeebrugge call,...
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Roberts Bank Terminal 2 procurement process begins

News Alexandros Itimoudis - 0
The Vancouver Fraser Port Authority has officially launched the procurement process for the Roberts Bank Terminal 2 Project, issuing a request for qualifications to...
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Hapag-Lloyd is pushing the growth of its Indian terminal joint venture with Mumbai-based J M Baxi Group

CN Premium Articles Container News Team - 0
The German group owns 40% of J M Baxi Ports & Logistics, which operates a clutch of marine terminals across ports in India. Hapag-Lloyd has...
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Ukraine’s ports reposition amid war

CN Premium Articles Alexandros Itimoudis - 0
As war continues to reshape Ukraine’s geography, it is also redrawing its maritime map. Once centralized around a handful of traditional ports, the country’s...
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