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ZIM reports Q2 net loss of more than US$210 million

Antonis Karamalegkos - 0
Ocean carriers continue to return to normal financial figures this year. This "normalisation", combined with the astronomical results of the previous year, shows some...
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MSC junks India-US rate push as market stays soft despite peak season expectations

Container News Team - 0
Mediterranean Shipping Co. (MSC) has cancelled rate increase activity that was to have begun on 15 August on the India-US trade lane. The previously-published trade...
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Blank Sailings

Blanked sailings now the norm

Container News Team - 0
Blanked Asia-Europe sailings have become expected in liner operators' routines, according to Alphaliner's latest report today (16 August). Record newbuilding deliveries have made operators reduce...
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KMTC container ship suffers fire off Malaysia

Antonis Karamalegkos - 0
The 2,778 TEU container ship KMTC Shenzhen experienced a fire off Port Klang in Malaysia on 12 August, according to the UK insurance company...
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China overtakes Greece as largest shipowning country

Container News Team - 0
China has climbed to the top of nations rankings as the largest shipowning country in terms of gross tonnage, according to information from UK...
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MSC and Maersk continue to send ships for break-up

Container News Team - 0
The world’s two largest liner operators have continued to scrap aged ships as the freight market has normalised to pre-Covid-19 levels. Shipbrokers said that this...
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New container shipping line established in Dubai

Container News Team - 0
A new shipping company is starting operations and is going to enter Russia trade, according to DynaLiners report. CStar Line has been established in Dubai...
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CMA CGM on track to overtake Maersk in TEU capacity

Antonis Karamalegkos - 0
A few years ago, it would seem impossible that Maersk will be in third place in the ranking of the world's largest container lines,...
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Construction hurdles cleared for India’s mega deep-water port project, off Nhava Sheva

Container News Team - 0
Work on India's long-awaited mega deep-water port project at Vadhavan, some 120 miles north of Nhava Sheva Port (JNPA), is ready to take off. The...
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MSC books ten 10,300 TEU vessels at Zhoushan Changhong

Container News Team - 0
MSC has returned to Zhoushan Changhong International Shipyard for more newbuildings. The Swiss/Italian carrier, which displaced Maersk Line as the largest liner operator in 2022,...
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Sea-Intelligence reports sustained halt to demand collapse

Ioanna Kontos - 0
Sea-Intelligence reported that according to June 2023 demand data by Container Trade Statistics (CTS), this is the fourth month in which the global collapse...
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OOCL receives another 24,188 TEU mega container vessel

Ioanna Kontos - 0
Orient Overseas Container Line (OOCL) strengthens its vessel fleet by adding another 24,188 TEU container ship, named OOCL Felixstowe and built at the Dalian...
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PT SPIL powers ahead with solar energy initiative

Out of the Box Giannis Nikolakis - 0
In a meaningful step toward greener operations, PT SPIL has begun harnessing solar energy at one of its main facilities, reinforcing its commitment to...
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July 2025

CN Magazine cnews - 0
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Port of refuge deal closer for more stable Wan Hai 503

CN Premium Articles Container News Team - 0
Salvage teams assisting with the Wan Hai 503, which suffered a cargo fire on 9 June, have further stabilised the ship and reduced the...
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Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

CN Premium Articles Giannis Nikolakis - 0
In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...
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ABS unveils breakthrough EV Battery Fire Simulation Model

News Antonia Saratsopoulou - 0
American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...
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