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HMM achieves growth in first-half revenue and profits

Antonis Karamalegkos - 0
South Korea's major container line HMM has posted significant gains in first-half revenue and profits. In particular, HMM reported a year-on-year 18.6% growth in its...
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Yang Ming vessel explosion reportedly linked to HMM-booked container

Container News Team - 0
The container that exploded on Yang Ming's ship YM Mobility on 9 August was reportedly booked by the Taiwanese operator’s fellow THE Alliance member...
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Shippers, carriers get ready for tighter customs rules at Singapore from September

Container News Team - 0
Transport service stakeholders handling cargo movements via Singapore Port face a heightened operational challenge complying with a new set of customs rules due to...
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Maersk announces changes in Far East Asia – Middle East services

Antonis Karamalegkos - 0
Due to increased waiting times and congestion at terminals in South East Asia, Maersk has decided to implement seasonal schedules to mitigate delays and...
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YM vessel explosion at Ningbo-Zhoushan port raises serious safety concerns

Antonis Karamalegkos - 0
A major explosion has occurred on a Yang Ming boxship while berthed at the port of Ningbo-Zhoushan in China in another incident that raises...
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Container explodes on Yang Ming ship in Ningbo

Container News Team - 0
One of Yang Ming Marine Transport’s ships suffered an explosion today (9 August) around 1.40 pm local time, while berthed in Ningbo, China. Video footage...
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Suez Canal restart won’t solve container shipping turbulence, warns Lars Jensen

Ioanna Kontos - 0
Shippers should expect ongoing volatility in container shipping freight markets through 2025. According to Lars Jensen, CEO of Vespucci Maritime, even with operations resuming...
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Industry Opinions

West Coast ocean rates slide on easing demand, increasing capacity

Ioanna Kontos - 0
Ocean rates out of Asia were stable last week for most lanes, with prices remaining at about their mid-July highs for the year. But reports...
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2M announces changes in Asia – North Europe service network

Ioanna Kontos - 0
2M alliance, including Maersk and MSC, has decided to revise its Asia-North Europe network, with the updated services taking effect from the 32nd week...
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Container ship newbuilds reach post-Covid high

Container News Team - 0
Boxship newbuilding orders have burst back into life as the Red Sea crisis has caused freight and charter rates to reach levels not seen...
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Futures show more downside to freight rates in 2025

Container News Team - 0
Shanghai container futures trades suggest that Asia-Europe freight rates could fall further in 2025, after appearing to have peaked now. On 5 August, the index...
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Shipment disrupted in Bangladesh as curfew enforced: PM resigns

Container News Team - 0
Garment and all factories remained closed Monday as the Bangladesh government reinforced curfew to calm down agitating students, as they had been heading towards...
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Latest Posts

Roberts Bank Terminal 2 procurement process begins

News Alexandros Itimoudis - 0
The Vancouver Fraser Port Authority has officially launched the procurement process for the Roberts Bank Terminal 2 Project, issuing a request for qualifications to...
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Hapag-Lloyd is pushing the growth of its Indian terminal joint venture with Mumbai-based J M Baxi Group

CN Premium Articles Container News Team - 0
The German group owns 40% of J M Baxi Ports & Logistics, which operates a clutch of marine terminals across ports in India. Hapag-Lloyd has...
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Ukraine’s ports reposition amid war

CN Premium Articles Alexandros Itimoudis - 0
As war continues to reshape Ukraine’s geography, it is also redrawing its maritime map. Once centralized around a handful of traditional ports, the country’s...
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AD Ports Group signs MoU with Critical Minerals Forum

News Giannis Nikolakis - 0
AD Ports Group has signed a Memorandum of Understanding (MoU) with the Critical Minerals Forum (CMF) to build strategic cooperation focused on enhancing the...
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U.S. container imports down 6.4% in May

News Giannis Nikolakis - 0
According to a report from the Japan International Freight Forwarders Association (JIFFA), U.S. container imports fell 6.4% year-on-year in May, as major ports handled...
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