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Hapag-Lloyd’s HGT acquires majority stake in French port operator

Hapag-Lloyd's Terminal & Infrastructure division Hanseatic Global Terminals (HGT) has completed the acquisition of 60% of the shares in CNMP LH, the operator of...

Major container lines reshape Far East service networks

Several box carriers have announced changes in their Far East service networks aiming to improve and upgrade their products. SeaLead has introduced a new service,...

Inside BlackRock’s Role in the Game-Changing Port Acquisition Deal

BlackRock, through a consortium that includes its subsidiary Global Infrastructure Partners (GIP) and MSC's Terminal Investment Limited (TIL), has agreed to acquire the international...

Maersk’s rate-cutting shows flop of Gemini’s reliability promise

Maersk Line has been singled out for aggressive discounts on Asia-North Europe rates, as consultancy Linerlytica suggested that Gemini Cooperation, the Danish carrier’s alliance...

Container shipping facing uncompromising economic reality

Shifts in services on key trade lanes are heralding the first frost of an economic winter that promises to be severe and could be...

Africa: Key Shipping Hub of the Coming Years?

Examining the Africa region as a key shipping hub, Danish maritime data analysis firm Sea-Intelligence has studied the vessel deployments by major liner operators,...

CMA CGM poised to overtake Maersk as second-largest liner operator

French shipping company CMA CGM is set to become the second-largest ocean carrier in the world. The Marseille-based shipping line is poised to surpass...

MSC leads intra-Europe trade as ONE triples market share

Ocean Network Express (ONE) has registered the strongest growth in the intra-Europe market over the past year, according to Alphaliner. The pan-Japanese carrier has nearly...

MSC-Blackrock agree US$22.8 billion deal for Hutchison Ports international operations

MSC subsidiary Terminal Investment Limited (TiL) and global investment company Blackrock have made a US$22.8 billion agreement to acquire the international port and terminal...

Russian strikes hit MSC ship in Odessa

An MSC container vessel was damaged in a Russian missile attack on Ukraine’s Odessa port on 1 March. Ukraine’s deputy prime minister Oleksii Kuleba said...

ONE vessel scrapes Maersk boxship in Hong Kong

Two container ships collided in Hong Kong’s Kwai Tsing Container Port on 28 February. The 2018-built, 14,000 TEU ONE Columba, operated by Ocean Network...

Middle East Ports: Strategic Hubs Amid Growth, Innovation, and Geopolitical Shifts

Middle East’s container ports play a pivotal role in global maritime trade, leveraging their strategic locations along vital shipping lanes connecting Asia, Europe, and...

Latest Posts

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...

PIL christens new 8,200 TEU boxship

Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...

Singapore authorities away grounded container barge

Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
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