The Dubai-based logistics provider, DP World has agreed to acquire a 60% shareholding in UNICO Logistics Co. Ltd, one of the largest independent NVOCC...

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CMA CGM to buy stake in HMM’s Algeciras terminal

n.savvides - August 10, 2020 0

CMA CGM will buy HMM’s 50% stake in Total Terminal International Algeciras (TTIA), which operates a container terminal in the south of Spain. HMM announced on...

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PIL’s high-rise HQ up for sale

n.savvides - July 22, 2020 0

Beleaguered Singaporean liner operator Pacific International Lines is reportedly selling its headquarters, in another sign of its financial struggles. The Business Times, a Singaporean financial...

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Stowage and lashing issues caused Ever Smart container collapse

Container News Team - July 22, 2020 0

The UK's Marine Accident Investigation Branch (MAIB) has recommended that Evergreen improve the standards of stowage plans produced ashore, increase its knowledge of the...

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Seven ship sale and leaseback deal sees Hapag-Lloyd increase liquidity

n.savvides - July 21, 2020 0

Hapag-Lloyd has confirmed that it has sold seven 9,326TEU container ships to Bank of Communications Financial Leasing (Bocomm Leasing) for an undisclosed price. Container News...

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OOCL takes slot-charter on Evergreen’s S. America service

n.savvides - July 21, 2020 0

Hong Kong based OOCL, a subsidiary of China’s COSCO has chartered slots on Evergreen’s Westcoast South America service and is booking cargo for its...

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Hapag-Lloyd pushes up Asia prices from August

Container News Team - July 20, 2020 0

Hapag-Lloyd has announced an increased ocean tariff rate for all cargoes in 20’ and 40’ containers, including high cube, standard and reefer containers on...

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MSC container vessel loses more than 20 boxes in Algoa Bay

Container News Team - July 20, 2020 0

MSC has confirmed the loss of more than 20 containers overboard from its 9,400TEU container vessel MSC Palak near the port of Nqgura (Coega)...

Industry Opinions

Let’s face it, the world as we know it has ended

n.savvides - July 18, 2020 0

Florian Frese is the marketing lead at Container xChange – which connects users and suppliers in container logistics. He is an advocate of driving...

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Hapag-Lloyd enhances Africa service portfolio

Container News Team - July 17, 2020 0

Hapag-Lloyd has announced the launch of a new China-Kenya-Express (CKX) service. The service is expected to launch in the week starting 17 August. The German...

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CMA CGM to reorganise AS1 service

Container News Team - July 17, 2020 0

CMA CGM has announced changes in its AS1 service, which now connects North and Central China with the Indian Subcontinent, effective in August 2020. The...

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Uncertain cargo volumes, but lines are pushing rates higher

Container News Team - July 16, 2020 0

Only uncertainty is certain at this time. Economic theory while not completely useless, may have to be remodelled at the very least. Not that...

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Maersk announces adjustments to three services

UWL announces vessel partnership with Emirates Shipping Line

Sea-Intelligence: Port Power Rankings

Shipping alliances carriers and MSC control over 80% of market

Stable demand outlook despite US trade policies: BIMCO’s Container Shipping Market Overview & Outlook June 2025

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