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HHLA reports growth in revenue and earnings amid stable box traffic

Hamburger Hafen und Logistik AG (HHLA) has announced increased revenue and earnings in the first half of 2022. The company benefited from the further increase...

China yards dominate in boxship orders

Chinese shipyards hold the lion's share of container ship orders, with at least half of vessels under construction, followed by 34% for South Korean...

X-Press Feeders to deploy ZeroNorth platform across its entire fleet

X-Press Feeders has agreed to deploy the ZeroNorth platform across its entire fleet of feeder vessels to improve profits and accelerate its decarbonisation process. Under...

Box lines continue to reap record profits, HMM reports US$4.6 billion earnings in 2022 H1

Container carriers continue to achieve record financial results in the post-Covid era with HMM announcing outstanding revenue and profits this time. The South Korean box...

Orange EV raises US$35 million for EV trucking solutions

Orange EV announced that it has closed a US$35 million institutional funding round led by S2G Ventures and CCI, an affiliate of Henry Crown...

Chittagong depots to raise charges by 42.5% amid diesel price hike

As the fuel oil price in Bangladesh saw a record hike on 5 August, the inland container depots in Chittagong have moved to raise...

ICTSI introduces new application for real-time visibility

International Container Terminal Services Inc. (ICTSI) has announced its aim to enable port users to make better, more timely business decisions with the launch...

TT Club announces new CFO

From 1 August, EeLain Ong has taken his duties as the new chief financial officer (CFO) of international freight transport and logistics insurer TT...

Severe fuel price hike leads unofficial truck strike in Bangladesh  

A record hike in fuel oil prices in Bangladesh on Friday (5 August) night has led truckers to enforce unofficial strikes resulting in severe...

Evergreen receives double certification for its greenhouse gas emission inventory

Evergreen has completed a systematic review and calculation of greenhouse gas emission inventories for its business activities in order to implement the company's environmental...

Evergreen chairman Chang: Natural attrition will balance out orderbook

Evergreen Marine Corporation chairman Chang Yen-i says phasing out of older vessels will assuage concerns of heavy orderbook. Taiwan’s largest liner operator and the world’s...

India’s Adani Group inks MoU with AD Ports for port investment in Tanzania

Adani Group, India’s largest port infrastructure developer, has entered into a Memorandum of Understanding (MoU) with Abu Dhabi’s AD Ports to jointly explore strategic...

Most Popular

Maersk-operated ship knocks down Baltimore bridge

The Singapore-flagged container vessel Dali, which is chartered by the Danish shipping giant Maersk, crushed into a road bridge in Baltimore, US. The Francis Scott...

Carriers playing catch-up to further tilt supply-demand imbalance

Ocean Network Express (ONE) announced an aggressive midterm plan on 19 March to grow its operated fleet to 3 million TEUs by 2030, representing...

CMA CGM updates rates from Asia to North Europe

CMA CGM has announced new Freight All Kinds (FAK) rates effective from 1 April 2024 (loading date) until further notice. These updated FAK rates are...

CMA CGM teams up with new Saudi line to enhance Red Sea service

French ocean carrier CMA CGM is partnering with Folk Maritime, a new independent feeder and short-sea shipping operator in Saudi Arabia, to commence the...

Maersk relaunches Transpacific service

Maersk aims to improve its Asia - US East Coast service network by restarting the TP20 service. As of mid-April, the Danish shipping company will...