Israeli ocean carrier ZIM announced its results for the previous year, following the trend observed across major container lines, according to which the companies'...

Industry Opinions

Ocean rates continue to ease post-Lunar New Year: Freightos analysis

Container News Team - March 12, 2024 0

Hostilities in the Red Sea intensified last week, and included the first seafarer casualties. But with most container traffic already avoiding the Suez Canal, demand...

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Red Sea developments fail to overcome seasonal lull as rates correct

Container News Team - March 12, 2024 0

With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have...

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Hapag-Lloyd revamps Africa service network

Ioanna Kontos - March 12, 2024 0

Starting in April 2024, Hapag-Lloyd will be enhancing its operations in the African continent, specifically by revamping its West-Europe-West-Africa (WWA) and West Africa Express...

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Red Sea crisis spurs surge in TEU capacity: Newbuildings fully absorbed

Antonis Karamalegkos - March 12, 2024 0

The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven...

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Maersk, CMA CGM suspend Rio de Janeiro port call on joint service

Ioanna Kontos - March 12, 2024 0

Maersk and CMA CGM have notified their customers about upcoming adjustments to their joint Bossa Nova/SIRIUS service connecting the Mediterranean with the East Coast...

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Singaporean bulk carrier hit by Houthi missiles in mistaken identity

Container News Team - March 11, 2024 0

Houthi rebels have apparently fired at a Singaporean-owned bulk carrier after mistaking it for a US ship. The 2012-built Singapore-flagged Supramax vessel, Propel Fortune, was...

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Red Sea challenges boost charter rates

Container News Team - March 11, 2024 0

Analysts and brokers are continuing to report charter rates spiralling upwards as carriers look to plug gaps in their diverted Asia to Europe services...

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Hapag-Lloyd teams up with Ankeri Solutions in “transformative” partnership

Ioanna Kontos - March 11, 2024 0

German shipping company Hapag-Lloyd has entered into a contract partnership with Ankeri Solutions, an innovative software firm specializing in maritime sustainability solutions. This strategic alliance...

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Houthis first fatal ship attack: Three seafarers killed

Container News Team - March 7, 2024 0

Houthi rebels have inflicted the first fatal attack on a ship since the Iran-backed group began reprisals for the Israel-Gaza War in November 2023. Three...

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Volta Shipping appoints new commercial head

Container News Team - March 6, 2024 0

United Arab Emirates-based shipping company Volta Shipping has announced the appointment of Sankhoj Das as the head of its Commercial team. With a background in...

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MSC consolidates pole position with largest Asia-Europe share

Container News Team - March 6, 2024 0

MSC accounted for half of the capacity growth in the Asia-Europe lanes that resulted from the diversion to the Cape of Good Hope due...

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Yang Ming executive: Tariffs and Mid-East conflict to shape demand

COSCO SHANGHAI to join AMERIGO service

Emirates Shipping Line announces new service to Seattle

Capacity surge plus paucity of demand, equals rate erosion

Malaysian ports record growth in Q1 2025

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