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Gebrüder Weiss establishes central IT and logistics hub near Austria’s freight terminal

Gebrüder Weiss, a globally operating full-service logistics provider, is setting up a central location for IT and logistics near Wolfurt's freight terminal, ensuring the...

Carriers spot bargaining room for India-Middle East cargo as Red Sea gains fade

India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from...

OOCL’s revenues fall despite container volume uptick

In the first quarter of 2024, the total revenues of Orient Overseas Container Line (OOCL) decreased by 9% year-over-year to US$2 billion. At the same...

Wan Hai Lines names new boxships

Taiwan's container carrier Wan Hai Lines held ship naming ceremonies for its new container ships, Wan Hai 372 and Wan Hai 376. The two vessels...

Maersk ship dodges Houthi missile

United States forces have shot down an anti-ship ballistic missile that Houthi rebels allegedly fired at a Maersk ship in the Gulf of Aden. The...

Normalising market challenges Transpacific contract negotiations

Mainline operators have lost half of the gains seen during the early days of the Red Sea crisis, and this is placing the market...

Svitzer Europe appoints new Chief Commercial Officer

Svitzer Europe, a global towage provider, has appointed Sara Gerdner Kalle as its new Chief Commercial Officer, effective from 1 April 2024. With nearly 25...

US container imports remain stable, with several potential global challenges to be seen

In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced...

Maersk’s former seafarers turn innovators with groundbreaking project for fresh water delivery from ships to ports

Α team of three Maersk employees, who are former seafarers, decided to undertake an innovative project that could store and deliver fresh water from...

Renowned economist predicts decline of large container vessels in future trade landscape

The large container vessels might become increasingly obsolete, according to the renowned economist, historian and journalist Marc Levinson, in a future trading landscape, where...

ClassNK approves NYK Line’s 3D design drawings of multi-purpose container ship

ClassNK has approved the basic design drawings of a multi-purpose container carrier developed by Nippon Yusen Kabushiki Kaisha (NYK Line) utilizing 3D models. This milestone...

Astrid Mærsk’s first-ever green methanol bunkering in China

Maersk marked a significant achievement with the arrival of the large methanol-enabled vessel "Astrid Mærsk" at Yangshan Port in Shanghai. This milestone event signifies the...

Latest Posts

Few new players retreat as transpacific rates crash

Opportunistic Transpacific newcomers have responded differently to the collapse in freight rates. (adsbygoogle = window.adsbygoogle || ).push({}); Only China United Lines...

YIT Infra to lead major expansion at Helsinki’s West Harbour

The Port of Helsinki is set to begin a significant expansion of the southern end of West Harbour, aiming to accommodate growing traffic between...

Maersk announces changes to two services

Maersk has announced upcoming changes to its AMEX and Cape Town Express services, with plans to phase in and out vessels at the Port...

CMA CGM adds new vessel to VICTORY BRIDGE service

CMA CGM has announced the addition of a new vessel, OOCL VERACRUZ, to its VICTORY BRIDGE service, further reinforcing its commitment to service reliability...

AD Ports Group and Zhejiang Seaport Group team up

In a move that could reshape regional vehicle logistics, AD Ports Group has signed a preliminary strategic agreement with China’s Zhejiang Provincial Seaport Investment...
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