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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First VCR technology to be trialled on CMA CGM boxships

Container News Team - August 13, 2024 0

Swiss marine power company WinGD’s Variable Compression Ratio (VCR) technology is expected to be trialled onboard one of CMA CGM's container vessels. The collaboration marks...

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ICTSI posts strong first-half results

Container News Team - August 12, 2024 0

Global port and terminal operator International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first half of 2024 posting revenue...

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Yang Ming vessel explosion reportedly linked to HMM-booked container

Container News Team - August 12, 2024 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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Gasum fuels Equinor’s platform supply vessel with bio-LNG

Ioanna Kontos - August 12, 2024 0

Gasum, a Nordic gas sector and energy market expert, and Equinor are partnering on a significant bio-LNG (liquefied biomethane) initiative at the Port of...

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YM vessel explosion at Ningbo-Zhoushan port raises serious safety concerns

Antonis Karamalegkos - August 9, 2024 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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Liberian Registry launches RISC platform

Ioanna Kontos - August 9, 2024 0

Alfonso Castillero, CEO of the Liberian International Ship & Corporate Registry (LISCR), the world’s largest ship registry, delivered the opening remarks at the launch...

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Houthis strike feeder boxship and tanker

Container News Team - August 9, 2024 0

One of Greek ship owner Contships Management’s container ships was hit by Houthi missiles on 8 August, along with a Suezmax oil tanker owned...

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Container explodes on Yang Ming ship in Ningbo

Container News Team - August 9, 2024 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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COSCO SHIPPING builds smart, integrated global ecosystem

Ioanna Kontos - August 9, 2024 0

COSCO is integrating cutting-edge technologies like the Internet of Things (IoT) to drive the high-quality development of industrial and supply chains. The firm's IoT technology...

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Ulsan Port Authority and Hyundai Oil Terminal sign US$17.6 million investment deal

Ioanna Kontos - August 8, 2024 0

On 1 August, the Ulsan Port Authority (UPA) signed a US$17.6 million equity investment agreement with Hyundai Oil Terminal Corporation. This partnership aims to develop...

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Heidmar enters container shipping

NX Logistics Thailand opens new logistics center

Anemoi launches Rotor Sail Production Hub in China

Descartes Systems Group announced the launch of a security system

SEKO expands Freightos integration

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