Most Popular Archives - Page 71 of 166

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Australia’s Minister condemns DP World in port dispute

Container News Team - January 19, 2024 0

Spiralling costs and fears for companies hit by the dispute between DP World Australia and their docker employees saw Australia’s Minister for Employment and...

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Bomb attack targets ZIM’s Piraeus office in Greece

Antonis Karamalegkos - January 19, 2024 0

In an unfortunate incident on 17 January, ZIM's office in Piraeus, Greece, fell victim to a bomb planted by pro-Palestinian activists. The explosive event occurred...

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Hapag-Lloyd’s departure shakes-up THE Alliance

Container News Team - January 18, 2024 0

Shipping pundits are expecting liner alliances to be redrawn, after Maersk Line and Hapag-Lloyd announced on 17 January that they will form Gemini Cooperation...

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Maersk, Hapag-Lloyd reveal initial service network plan for Gemini

Antonis Karamalegkos - January 17, 2024 0

The recently unveiled Gemini Cooperation between Maersk and Hapag-Lloyd has sent ripples through the shipping industry, as it is expected to cause shifts in...

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Maersk and Hapag-Lloyd to form new alliance

Antonis Karamalegkos - January 17, 2024 0

Two container giants, Denmark's Maersk and Germany's Hapag-Lloyd have signed an agreement for a new long-term operational collaboration. The new "Gemini Cooperation" is expected to...

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ONE orders twelve 13,000 TEU methanol dual-fuel boxships

Antonis Karamalegkos - January 17, 2024 0

Ocean Network Express (ONE) has signed ship building contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for the construction of twelve 13,000 TEU methanol dual-fuel...

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CMA CGM and Air France-KLM terminate air cargo alliance

Antonis Karamalegkos - January 16, 2024 0

In a significant development, CMA CGM and Air France-KLM have decided to terminate their air cargo alliance. The partnership, established in May 2022 concurrently with...

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Drop in Suez Canal revenues could affect Egyptian economy

Antonis Karamalegkos - January 16, 2024 0

Chairman and managing director of the Suez Canal Authority (SCA), Admiral Osama Mounier Mohamed Rabie said that dollar revenues from the canal are down...

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Box lines poised for first-quarter windfall

Container News Team - January 16, 2024 0

Mainline operators can expect a windfall for the first quarter of 2024, as the surge in freight rates far exceeds the costs of detouring...

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Houthi attacks aimed at trade disruption, not ship destruction

Container News Team - January 16, 2024 0

If trade disruption is the Houthi’s main aim, then they will have been getting good results as the movement fires another missile, downed by...

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Red Sea crisis changes container shipping situation from glut to tightness

Container News Team - January 15, 2024 0

The closure of the Suez route has changed the fundamental outlook for container shipping in 2024, with a potential capacity crunch in Asia looming in...

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PSA breaks container volume record in 2023

Antonis Karamalegkos - January 15, 2024 0

PSA International reported a record-breaking year handling 94.8 million TEUs across its port terminals around the world in 2023. PSA’s flagship terminal in Singapore contributed...

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CMA CGM reaches 4 Million TEU milestone

European carriers dominate global container shipping

Wärtsilä to power major mining project in Pakistan

Tariff deadline delay creates more market uncertainty

How Cape of Good Hope rerouting is skyrocketing container loss risk

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