During the inaugural Global Logistics Forum in Riyadh, Saudi Arabia, CEVA Logistics and Almajdouie Logistics signed an agreement to create a joint venture in...

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Is Strait of Malacca at Risk from Supply Chain Weaponization?

Alexandros Itimoudis - October 11, 2024 0

Recent disruptions in the Red Sea have highlighted the significant challenges facing the global shipping industry in maintaining operational stability. Meanwhile, the Strait of...

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Container Stocks Weekly Highlights: Recent Trends and Performance

Container News Team - October 11, 2024 0

The container shipping industry has experienced notable fluctuations in stock performance over the past week, reflecting the sector's inherent volatility. As various companies navigate...

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Singapore, Shandong sign agreement to create Green and Digital Shipping Corridor

Container News Team - October 11, 2024 0

Maritime and Port Authority of Singapore (MPA) and China’s Shandong Provincial Transport Department signed a memorandum of understanding (MoU) on 9 October to establish...

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Songfa to acquire affiliated Hengli Heavy Industries

Container News Team - October 11, 2024 0

Shanghai-listed Guangdong Songfa Ceramics, part of the wider Hengli conglomerate, has announced it will buy a stake in Hengli affiliate and shipbuilder Hengli Heavy...

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Newbuild Vessels: Fleet Expansion or Renewal for Leading Container Lines?

Container News Team - October 11, 2024 0

While the boxship newbuilding orderbook is now close to 25% of the active fleet, several liner operators still have a good number of elderly...

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Middle East Turmoil: Recent developments, oil production fears, and global shipping impacts

Alexandros Itimoudis - October 11, 2024 0

As geopolitical tensions continue to escalate in the Middle East, concerns are mounting over potential disruptions to oil production and their far-reaching effects on...

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MSC’s direct connection strategy in contrast to Gemini hub heavy network

Antonis Karamalegkos - October 11, 2024 0

Speaking at the International Association of Ports and Harbour (IAPH) World Port Conference in Hamburg, Germany, MSC’s CEO Soren Toft put forward what will...

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Prodevelop launches Georgia’s National Maritime Single Window

Container News Team - October 11, 2024 0

Prodevelop, in partnership with Hamburg Port Consulting (HPC) and Plisk Consulting, has announced the successful implementation and launch of Georgia’s National Maritime Single Window...

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Marlink security operations centre identifies escalating maritime cyber threats

Alexandros Itimoudis - October 10, 2024 0

Marlink has published a comprehensive report on global maritime cyber threats from its Security Operations Centre (SOC). The document, which utilizes data from the...

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X-Press Feeders commits to methanol as future fuel

Container News Team - October 10, 2024 0

X-Press Feeders has ordered six additional 11,000 TEU methanol dual-fuelled boxships at Shanghai Waigaoqiao Shipbuilding as it hedges its decarbonisation bets on methanol. The company's...

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IMO MEPC advances talks on new regulations for reducing ship GHG emissions

Alexandros Itimoudis - October 10, 2024 0

The International Maritime Organization (IMO) made significant progress in negotiations on binding global regulations for the IMO net-zero framework, aiming to meet the greenhouse...

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