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Major container lines report over US$27 billion in 2024 earnings

The major shipping lines that have reported and published their financial figures for 2024 have recorded combined full-year earnings before interest and taxes (EBIT)...

CMA CGM and MPA Singapore renew collaboration partnership

Maritime and Port Authority of Singapore (MPA) and CMA CGM Group have renewed a Memorandum of Understanding (MoU) to proceed with sustainable shipping and...

IMO’s global strategy for advancing maritime digitalization

The International Maritime Organization (IMO) is taking significant steps to develop a comprehensive strategy that leverages emerging technologies to enhance efficiency, safety, and sustainability...

BIMCO: US port fees to hurt US trade more than curb China’s dominance

Charging fees on China-linked vessels calling at US ports will significantly increase the cost of seaborne transport to and from the United States –...

HMM, Wan Hai and ZIM among stellar performers of 2024

HMM, Wan Hai Lines and ZIM Line were the best-performing liner operators in 2024, which was the third best year for the industry, with...

Hapag-Lloyd and Sri Lanka Ports Authority explore strategic collaboration

Representatives from the German shipping company Hapag-Lloyd met with Sri Lanka Port Authority (SLPA) officials on 4 March to discuss collaboration opportunities and strengthen...

Duvenbeck appoints new EVP of Business Line Road for North-West region

Rene Hille has joined the Duvenbeck Group as the new Executive Vice President (EVP) of Business Line Road for the North-West region. In this role,...

US continues strikes against the Houthis in asymmetric escalation

Houthi leader Abdul Malik al-Houthi said on 16 March that his militants would target US ships in the Red Sea in the wake of...

cargo-partner to boost efficiency at iLogistics Center Vienna

Austria-headquartered freight forwarder cargo-partner is implementing the cutting-edge AutoStore system at its iLogistics Center near Austria's Vienna International Airport. Part of Nippon Express Holdings Inc...

Navigating Chokepoints: Analyzing Key Transit Routes

The US Federal Maritime Commission (FMC) has launched an extensive investigation into seven key maritime chokepoints that are significantly affecting global shipping. The investigation, known...

Plastic pellet pollution detected in North Sea

Following the collision in the North Sea between the container ship Solong and the tanker Stena Immaculate, industrial plastic pellet pollution has been detected...

Iran secures trade deals and boosts TEU handling despite US pressure

Despite intense pressure from the United States, recent reports indicate that Iran is working to strengthen its position in global trade by investing in...

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DP World London Gateway welcomes first Gemini vessel

DP World London Gateway has received its first vessel under the new agreement with the Gemini Cooperation, a partnership between Maersk and Hapag-Lloyd. Maersk Stadelhorn...

Port of Los Angeles handles over 800,000 TEUs in February

Following a record-breaking start to 2025, the Port of Los Angeles maintained its momentum in February, processing 801,398 TEUs. This marks a 2.5% increase from...

Vietnam demonstrates resilience and emerges as key player in global trade

Vietnam is charting a resilient path through the turbulent waters of global trade with a set target of US$454 billion in exports for this...

Gulf Islamic Investments Group to double US portfolio

Gulf Islamic Investments (GII) Group plans to expand its presence in the United States by doubling its current US$750 million portfolio through GII Saudi...

Port of Oakland kicks off 2025 on strong note

The Port of Oakland reported that the January loaded container volume reached 146,187 TEUs, translating to an 8.5% increase over the first month of...
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