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Houthi missiles hit Greek ship

Container News Team - 0
Lycavitos, a Greek-owned supramax bulk carrier, operated by Helikon Shipping Enterprises, was damaged by Houthi missiles in the Gulf of Aden yesterday (15 February)...
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CMA CGM receives first container ship in a series with unique design

Ioanna Kontos - 0
The CMA CGM Group has announced the delivery of the pioneering CMA CGM Mermaid, the inaugural vessel in a series of 10 cutting-edge 2,000...
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Red Sea crisis sees COSCO and MSC perform ad hoc North Europe-Med feedering

Container News Team - 0
COSCO Shipping Lines and MSC have each taken out a ship from their Transatlantic services to feeder containers between North Europe and the Mediterranean,...
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ONE unveils new Transpacific service

Antonis Karamalegkos - 0
Ocean Network Express (ONE) has announced the launch of the Asia Pacific 1 (AP1) service, a new route connecting Asia with the United States...
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Industry Opinions

China-US container leasing rates rise threefold, container demand recovery on the horizon

Ioanna Kontos - 0
The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of the Red Sea crisis. Three...
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How long can Maersk investors tolerate below-par performance, wonders Linerlytica

Antonis Karamalegkos - 0
Maersk blamed overcapacity for its record EBIT losses in the fourth quarter but it failed to mask the fact that it has continuously underperformed...
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Braemar sees looming crisis in feeder sector

Container News Team - 0
Demand for feeders is rising mainly as a consequence of the Red Sea crisis which has had a knock-on effect on demolition, but ultimately...
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Worker killed as shipbuilding structure topples in HD Hyundai Heavy Industries

Container News Team - 0
A shipbuilding structure weighing 9,000 tonnes came loose at South Korean shipbuilder HD Hyundai Heavy Industries (HHI) on the evening of 12 February, killing...
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Fatal assault claims four lives at Greek shipping firm offices

Ioanna Kontos - 0
Reports indicate that a tragic incident unfolded at a Greek shipping company located in the southern Athens suburb of Glyfada on Monday, 12 February...
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CMA CGM replaces Brazilian port call on BRAZEX service

Ioanna Kontos - 0
French box line CMA CGM has announced changes to its weekly BRAZEX service connecting the US Gulf, Latin America and the Caribbean. Commencing with the...
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Maersk may pursue DB Schenker

Container News Team - 0
Maersk Line might become a suitor for Deutsche Bahn’s logistics subsidiary DB Schenker after an initial lack of interest. The Danish liner giant’s CEO Vincent...
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No large ships idled this week

Container News Team - 0
Following the impact of the Houthi attacks on commercial shipping in general and container ships in particular the number of large boxships idled fell...
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Latest Posts

Chokepoints Under Fire: Maritime volatility surges in the Singapore Strait and Red Sea

CN Premium Articles Alexandros Itimoudis - 0
As global trade struggles to find safe passage, the world’s most critical maritime arteries, the Singapore Strait and the Red Sea, are once again...
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Clarion Shipping West Africa enters container shipping market

News Alexandros Itimoudis - 0
According to DynaLiners, a new Nigerian container shipping company, Clarion Shipping West Africa, has officially entered the market with the acquisition of a 350...
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How Security Escort Services Protect High-Risk Freight on the Road

Sponsored Nondas - 0
Moving a truck full of iPhones, cash, or pharmaceuticals down the highway? Congratulations, you've just painted a giant target on your cargo. Thieves know...
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Latvian Ports Launch Digital Platform

Port News Giannis Nikolakis - 0
Latvia’s major port authorities have joined forces on a major digital transformation initiative aimed at streamlining cargo handling and logistics operations across the country....
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Red Sea insurance costs surge following Houthi attacks

News Alexandros Itimoudis - 0
The cost of insuring vessels transiting the Red Sea has more than doubled in recent days following two deadly attacks by Yemen’s Houthi rebels,...
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