The Panama Canal, a vital artery of international maritime trade, is currently grappling with significant challenges that threaten its operational efficiency and economic viability. Climate...

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Container Shipping Weekly Stock Highlights: Market Trends

Giannis Nikolakis - October 25, 2024 0

The container shipping industry has been experiencing a dynamic shift in market conditions, significantly impacting the stock performance of various key players. Recent stock...

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Imminent new strike in Montreal port

Container News Team - October 25, 2024 0

CUPE 375, the union representing longshore workers in Montreal, eastern Canada’s largest port, has issued a 24-hour strike notice, running from 7 am local...

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Red Sea crisis causes “vessel bunching” to hit pandemic peak levels

Antonis Karamalegkos - October 24, 2024 0

In its latest analysis, Sea-Intelligence has dived into the "vessel bunching" phenomenon, which is defined as the number of sailings in a given week...

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From Choke Points to Bottlenecks: Red Sea Crisis Analysis

Alexandros Itimoudis - October 23, 2024 0

The global shipping industry is grappling with a formidable set of disruptions that have transformed maritime choke points into critical bottlenecks. Container News has compiled...

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DP World’s Port Operations in High-Risk Regions (maps+infographics)

Alexandros Itimoudis - October 23, 2024 0

In an era where global trade hinges on seamless shipping operations, UAE-based DP World stands at the forefront, managing a vast network of ports...

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Maersk introduces PSS from Far East to India, Pakistan, Sri Lanka and Maldives

Container News Team - October 23, 2024 0

Danish ocean carrier Maersk has implemented a new peak season surcharge (PSS) from Far East Asia to India, Pakistan, Sri Lanka and Maldives. Effective from...

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Shifting Tides: Container Volume Trends in Major Trade Hubs

Alexandros Itimoudis - October 22, 2024 0

The global shipping landscape has undergone significant transformations from 2019 to 2023, shaped by various economic forces and unprecedented challenges. This period, marked by...

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Maersk dismisses Houthis’ claim of drone assault on chartered ship

Container News Team - October 22, 2024 0

Maersk Line has refuted assertions by the Houthis that the Iran-backed Yemeni rebel group has attacked one of its chartered container ships in the...

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Gemini’s challenge to container orthodoxy

Container News Team - October 22, 2024 0

The launch of Maersk and Hapag-Lloyd’s Gemini Cooperation will bring a new dimension to the container shipping sector with a hub and spoke shuttle...

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Maersk reports preliminary Q3 revenue of US$15.8 billion

Antonis Karamalegkos - October 21, 2024 0

Based on preliminary unaudited figures, A.P. Moller Maersk reports revenue of US$15.8 billion, underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$4.8...

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MSC takes over majority stake in Wilson Sons

Antonis Karamalegkos - October 21, 2024 0

The world's largest shipping company MSC has acquired a majority stake in Wilson Sons for R$4.352 billion (around US$765 million) from Ocean Wilsons, via...

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