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New container shipping line established in Dubai

A new shipping company is starting operations and is going to enter Russia trade, according to DynaLiners report. CStar Line has been established in Dubai...

Yang Ming completes second quarter with over US$4 million loss

Taiwanese ocean carrier Yang Ming announced revenue of US$1.15 billion and reported net loss of US$4.27 million in the second quarter of the year....

Capacity discipline sustains rates amid peak newbuilding deliveries

Capacity management has been key to the ongoing strengthening of Transpacific rates, according to container shipping expert Lars Jensen. Jensen, CEO of Vespucci Maritime, said...

Duvenbeck tests fully electric terminal tractor

Duvenbeck, a freight forwarding and logistics firm, is taking another step towards transitioning its fleet to low-emission vehicles. In July of this year, the German company tested...

HMM sees first-half profits sink over 90%

HMM's first-half results are incredibly low compared to last year's levels with the company's profits falling over 90% year-on-year. In the first six months of...

CMA CGM on track to overtake Maersk in TEU capacity

A few years ago, it would seem impossible that Maersk will be in third place in the ranking of the world's largest container lines,...

Hapag-Lloyd’s profit plunges two-thirds due to weaker demand and lower rates

Weaker demand and lower freight rates have significantly impacted Hapag-Lloyd's first-half earnings, according to the company's CEO, Rolf Habben Jansen, who, however, noted that...

Chiquita’s Great White Fleet orders 800 Carrier Transicold’s PrimeLINE reefers

Chiquita Brands' Great White Fleet has boosted its investment in Carrier Transicold PrimeLINE® container refrigeration equipment. Great White Fleet added 800 PrimeLINE units to transport...

MSC books ten 10,300 TEU vessels at Zhoushan Changhong

MSC has returned to Zhoushan Changhong International Shipyard for more newbuildings. The Swiss/Italian carrier, which displaced Maersk Line as the largest liner operator in 2022,...

Sea-Intelligence reports sustained halt to demand collapse

Sea-Intelligence reported that according to June 2023 demand data by Container Trade Statistics (CTS), this is the fourth month in which the global collapse...

Danaos adds two 8,000+ TEU vessels to its orderbook

On 20 June, Greek container vessel owner Danaos entered into contracts for the construction of two 8,258 TEU boxships. The new vessels will have the...

OOCL receives another 24,188 TEU mega container vessel

Orient Overseas Container Line (OOCL) strengthens its vessel fleet by adding another 24,188 TEU container ship, named OOCL Felixstowe and built at the Dalian...

Latest Posts

Sea-Intelligence reports increase in global schedule reliability

Sea-Intelligence has published issue 166 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including May 2025. As the 120-page...

HD Hyundai expands global tie-up with Cochin Shipyard

HD Hyundai, South Korea’s largest shipbuilding group, is teaming with India's largest state-owned shipbuilder, Cochin Shipyard, to enter the South Asian country’s nascent shipbuilding industry. ...

Cavotec secures €5 million MoorMaster deal

Cavotec has landed a €5 million contract to supply its cutting-edge MoorMaster® automated vacuum mooring system to a container terminal in Morocco. This is...

European Economies Record Mixed Q2 Results

In the second quarter of 2025, European countries showed mixed performance in the UNCTAD Liner Shipping Connectivity Index (LSCI), which benchmarks global maritime connectivity. Several...

Oregon approves US$100 Million for Pacific Coast Intermodal Port

In a major win for Oregon’s South Coast, the state legislature has approved US$100 million in bonding support for the Pacific Coast Intermodal Port...
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