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MSC-operated ship captured by Iranian forces

MSC told Container News that it is working to secure the release of one of its operated ships that was seized by Iran’s Islamic...

Bulk carrier hijacked in Arabian Sea as navigational crisis mounts

The MV Lila Norfolk, a Liberian-flagged cargo ship, was hijacked in the Arabian Sea, off the Somalia coast, on 4 January. Reports said the bulk...

MSC boxship attacked in Red Sea

MSC confirmed that on 26 December the 8,200 TEU container ship MSC UNITED VIII was attacked while transiting the Red Sea. "The vessel informed a...

Capacity crunch as all-time high of vessels reroute around Cape of Good Hope

The number of ships that have diverted from the Suez Canal to the Cape of Good Hope has reached a record high of 125...

Major box carriers pause container ship traffic through Red Sea

Major ocean carriers have decided that their ships will not transit the Suez Canal due to recent attacks in the region. The largest container line...

Missile attacks threaten global supply chain crisis at Suez Canal: Two boxships attacked, one on fire

Missile and drone attacks by Houthi militia on merchant ships passing through the Red Sea and Gulf of Aden could trigger a global supply...

Maersk decided to cut at least 10,000 jobs

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,...

Leak reveals Aponte is one of world’s richest men

A massive revenue surge amounting to sky-high profits aligned with a tonnage tax that effectively saw negligible taxes levied on shipping lines has pushed...

Is Maersk’s algorithm out of control?

This week the consultancy Linerlytica reported that carriers had accused Maersk of driving down spot rates, in what is an ironic turnaround given that...

Maersk’s weak earnings expose integration strategy failure

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...

Container vessel sinks in Bangladesh waters

A boxship carrying 96 TEUs of containers sank during an intra-Bangladesh route from the port of Chittagong to the Pangaon Inland Container Terminal in...

Top 10: The busiest container ports in the United States

Several important container ports are located in the United States and are key gateways for national and global trade. Below, you can find a list...

Latest Posts

Konecranes to supply more cranes to Super Terminais

Brazilian terminal operator Super Terminais is expanding its equipment fleet with the order of three more Konecranes Gottwald ESP.10 mobile harbor cranes, reinforcing its...

Shipping industry calls for action after deadly Red Sea attacks

Leading global shipping associations have issued a joint statement condemning the recent attacks on merchant vessels in the Red Sea, which have resulted in...

Liebherr delivers 2,000th mobile harbour crane to Marcegaglia

A major milestone was reached in European port logistics on 8 July, as Liebherr officially handed over its 2,000th mobile harbour crane, to steel...

Barcelona Port kicks off first Shore Power Project

The Port of Barcelona has officially launched its first Onshore Power Supply (OPS) project for cruise ships, marking a major step in its wider...

Researcher urges caution for South Korean shipbuilders eyeing tie-ups with US peers

The Export-Import Bank of Korea (KEXIM) is calling on the country's shipbuilders to assess the risks before working with US shipbuilders. KEXIM’s Overseas Economics Research...
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