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Maersk’s weak earnings expose integration strategy failure

Container News Team - 0
The drastic drop in AP Moller-Maersk's 2Q 2023 earnings shows that the Danish group's strategy of integrating shipping and logistics has flopped, while its...
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Incessant rain halves box delivery at Chittagong port and depots

Container News Team - 0
An incessant rain caused waist-deep water logging in the port city of Chittagong in Bangladesh halving box and cargo supply from the port yard...
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Major box ports in China close to 150 million TEUs during 2023 H1

Ioanna Kontos - 0
In the first six months of the year, the overall container volume of major Chinese ports rose 4.8% compared with the same period in...
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Kaohsiung to deepen HMM’s terminals to accommodate giant ships

Container News Team - 0
Taiwan International Ports Corporation (TIPC) will spend around US$142 million to excavate the waters around berths 76, 77 and 78 in Kaohsiung port as...
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CMA CGM announces new rates from Middle East Gulf to North Europe and Med

Ioanna Kontos - 0
CMA CGM will apply new Freight All Kinds (FAK) rates from Middle East Gulf ports to all North European, West Mediterranean and North African...
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MSC acquires Italian air cargo carrier

Antonis Karamalegkos - 0
MSC has bought the majority stake in AlisCargo Airlines, a Milan-based air freight carrier, with both companies confirming that MSC is expected to acquire...
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Maersk increases rates from Asia to North America

Ioanna Kontos - 0
Maersk has announced a rate increase from Pakistan, the Middle East, and the Indian subcontinent to North America, namely the United States and Canada. In...
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Carriers attempt PSS for India-US cargo after modest GRI success

Ioanna Kontos - 0
Container lines appear to have regained some bargaining power to lift freight rates on the India-US trade lane after managing partial recovery from recent...
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CJ Logistics signs up ONE as strategic partner

Container News Team - 0
CJ Logistics, South Korea’s largest third-party logistics provider, signed a collaboration agreement with Ocean Network Express (ONE) on 3 August, a month after sealing...
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SeaLead announces new service connecting China with India

Container News Team - 0
SeaLead, in partnership with Sinotrans, SITC, and TS Lines, has announced the launch of a new service called FIX (Far East to India Express),...
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Transatlantic party over as rates plunge

Container News Team - 0
Celebrations are over for liner operators that transferred ships to the Transatlantic lane after Asia-Europe and Transpacific rates began tanking, according to Alphaliner's report...
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ONE avoids making full-year forecasts as market becomes uncertain

Container News Team - 0
Ocean Network Express (ONE) said on 1 August that the market remains uncertain after its net profit for the three months ended 30 June...
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Latest Posts

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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OSPAR to ban scrubber discharges

News Giannis Nikolakis - 0
Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...
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ABS to evaluate floating nuclear power plants

News Giannis Nikolakis - 0
American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...
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HHLA shares solid 2024 financial results

News Antonia Saratsopoulou - 0
Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the...
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