Greek container vessel owner and operator Euroseas has announced the acquisition of the 2,800 TEU boxship Tender Soul. This Eco EEDI Phase 3 vessel was...

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Assessing round-of-Africa routing disruptions on deployed capacity

Ioanna Kontos - February 8, 2024 0

The significant disruptions in services due to the round-of-Africa routing naturally raise questions about the impact on deployed capacity. Here comes Sea-Intelligence's Trade Capacity Outlook...

Maersk’s revenue takes US$30 billion hit in “transitional year”

Antonis Karamalegkos - February 8, 2024 0

Like the majority of container carriers, Maersk has seen huge drops in its 2023 financial figures. The Danish company reported a US$30 billion decline in...

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Maersk initiates demerger and separate listing of Svitzer

Antonis Karamalegkos - February 8, 2024 0

The Board of Directors of A.P. Møller - Mærsk (APMM) has decided to initiate the separation of the company's towage and marine services activities...

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Maersk partners with Puma for first semi-automated omnichannel fulfilment distribution centre in Chile

Container News Team - February 7, 2024 0

Maersk partners with Puma to operate the first semi-automated omnichannel fulfilment distribution centre in Santiago de Chile. The warehouse and distribution solution will provide...

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Boluda Towage enhances its fleet with acquisition of Resolve Salvage and Fire

Ioanna Kontos - February 7, 2024 0

Boluda Towage, a division of Boluda Corporación Marítima specializing in port, coastal, and offshore towage, as well as maritime salvage, has acquired Resolve Salvage...

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HMM sale to Harim-JKL collapses

Container News Team - February 7, 2024 0

HMM will not be sold to the Harim Group-JKL Partners consortium, after talks with the South Korean flagship carrier’s state-controlled shareholders, Korea Development Bank...

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Danube River maintains Ukraine’s container operations

Container News Team - February 7, 2024 0

In the face of a concerted effort to cripple Ukraine’s port infrastructure, Danube River ports at Reni and Izmail have maintained exports throughout the...

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ILWU, ICTSI Oregon reach agreement to settle all legal disputes

Ioanna Kontos - February 7, 2024 0

The International Longshore and Warehouse Union (ILWU) and ICTSI Oregon have jointly announced the resolution of all legal disputes. According to a statement, this settlement...

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Samsung Heavy Industries achieves landmark US$3.4 billion deal

Ioanna Kontos - February 7, 2024 0

Samsung Heavy Industries announced a significant milestone, sealing a US$3.4 billion deal with a ship owner from the Middle East. This agreement entails the construction...

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Konecranes boosts Chiquita exports in Guatemala with new reachstackers

Ioanna Kontos - February 6, 2024 0

In the third quarter of 2023, Chiquita Guatemala took delivery of the first two Konecranes reachstackers for their Terminal Ferroviaria located in Puerto Barrios. The...

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AD Ports-owned Maqta Gateway acquires majority stake in Dubai Technologies

Ioanna Kontos - February 6, 2024 0

AD Ports Group's digital arm, Maqta Gateway has acquired a 60% equity stake in Dubai Technologies, a Dubai-based developer of trade and transportation solutions. The...

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OSPAR to ban scrubber discharges

ABS to evaluate floating nuclear power plants

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DACHSER drives from Ireland to the European continent

Constanta Port secures EU funds