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Greeks and Chinese dominate global fleet market

Container News Team - 0
"The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships owned...
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Maersk announces rotation changes due to industrial actions at DP World terminals in Australia

Ioanna Kontos - 0
Maersk has announced that due to DP World's industrial action and berth availability delays in Melbourne, it will proceed with PANZ service port rotation...
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Hapag-Lloyd applies new congestion surcharge in South Africa

Ioanna Kontos - 0
Hapag-Lloyd announced that a new congestion surcharge will be applied to all dry containers transported to South Africa from 8 December. The new surcharge will...
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WiseTech Global acquires Mexican trade software solution provider

Ioanna Kontos - 0
WiseTech Global, the producer of global logistics execution software CargoWise, announced the acquisition of Sistemas Casa, a Mexican provider of customs and international trade software...
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ZIM relaunches ZEX service to meet eCommerce market needs

Container News Team - 0
Israeli box carrier ZIM announced the relaunch of ZIM eCommerce Xpress (ZEX), its eCommerce line connecting South China to the US West Coast. Originally introduced...
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Spot box rates lose momentum after four weeks

Container News Team - 0
Four weeks of gains in spot container freight rates are expected to evaporate as mainline operators continue chasing market share despite weak demand. While Transpacific...
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Maersk to implement new Peak Season Surcharge from Far East to East Coast South America

Ioanna Kontos - 0
Maersk has announced a new Peak Season Surcharge (PSS) for 20dry, 40dry, 40hdry, and 45hdry containers from the Far East to the East Coast...
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Hapag-Lloyd increases FAK rates between Far East and Europe

Ioanna Kontos - 0
Hapag Lloyd announced an increase in Freight All Kinds (FAK) rates between the Far East and North Europe, as well as the Mediterranean. For sailings...
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CMA CGM applies new FAK rates from Asia to Med and North Africa

Ioanna Kontos - 0
Marseille-based container line CMA CGM has announced new Freight All Kinds (FAK) rates from all Asian main ports to all Mediterranean base ports (areas...
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ONE completes terminal acquisitions in USWC and Rotterdam

Ioanna Kontos - 0
Ocean Network Express (ONE) has received all necessary regulatory approvals and finalised its acquisition of a 51% stake in each of TraPac LLC (TraPac)...
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Ship owners back DP World in wharfies dispute

Container News Team - 0
Shipping Australia, the ship owners’ and agents’ association, has backed DP World in its dispute over pay and conditions with dockers’ unions which the...
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Maersk decided to cut at least 10,000 jobs

Antonis Karamalegkos - 0
Danish container shipping company Maersk has announced it will cut more than 10,000 jobs after the financial downturn in the third quarter of 2023,...
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Latest Posts

Folk Maritime expands South Red Sea service

Services Giannis Nikolakis - 0
Folk Maritime Services Company has announced the enhancement of its South Red Sea Service, introducing a revised rotation aimed at boosting regional trade connectivity. The...
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Emirates SkyCargo launches specialized solution for aircraft engine transport

Out of the Box Giannis Nikolakis - 0
Emirates SkyCargo has unveiled a new specialized product, designed specifically for the secure and efficient transport of one of aviation’s most critical and high-value...
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Singapore launches first fully electric tug

Out of the Box Giannis Nikolakis - 0
Kuok Maritime Group (KMG), through its industry-led Coastal Sustainability Alliance (CSA), has launched Singapore’s first fully electric tug (E-Tug), marking a significant milestone in...
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Flinders Port Holdings announces $350 million investment

News Giannis Nikolakis - 0
Flinders Adelaide Container Terminal (FACT) is poised for a major transformation with an investment exceeding $350 million to boost its capacity and operational efficiency....
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Port of Hamburg to invest €1.1 billion

Port News Antonia Saratsopoulou - 0
Hamburg embarks on a transformative €1.1 billion investment in its port infrastructure, with a focus on expanding and modernising operations at the Waltershofer Hafen,...
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