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Maersk sees lower financial figures in second quarter

A.P. Moller – Maersk reports a second quarter of 2023 ahead of expectations with revenue standing at US$13 billion, compared to US$21.7 billion in...

WFW advises MPC Container Ships on US$200 million vessel sales and acquisitions

Watson Farley Williams (WFW) has advised Norway-based shipping company MPC Container Ships (MPCC) on strategic vessel acquisitions and sales worth around US$200 million. These transactions...

Sea-Intelligence analysis: Clear ramp-up in Transpacific blank sailings

Sea Intelligence said the main challenge with measuring the market’s supply/demand strength is that demand data is "notoriously lagged". Hence, in terms of the market...

HMM sale saga: SM Group buys more shares as takeover battle intensifies

As the contest to take over HMM intensifies, SM Group, parent of the South Korean flagship carrier’s compatriot peer SM Line, has bought more...

MSC joins LNG coalition

The largest container carrier in the world Mediterranean Shipping Company (MSC) decided to join SEA-LNG, a multi-sector industry coalition formed to show the benefits...

APM Terminals expands API offering

Updates on the latest progress at APM Terminals regarding their implementation of a new API for monitoring vessel schedules and milestones, for all vessels...

INFORM deploys stack management and crane optimizer at Norfolk Southern’s Rossville Terminal

INFORM has announced that it has successfully deployed its Syncrotess Optimisation Plus solution at Norfolk Southern’s Rossville terminal just outside of Memphis, Tennessee enabling...

Transatlantic party over as rates plunge

Celebrations are over for liner operators that transferred ships to the Transatlantic lane after Asia-Europe and Transpacific rates began tanking, according to Alphaliner's report...

ONE avoids making full-year forecasts as market becomes uncertain

Ocean Network Express (ONE) said on 1 August that the market remains uncertain after its net profit for the three months ended 30 June...

Hapag-Lloyd completes SM SAAM terminal business acquisition

Based on a deal announced in October 2022, Hapag-Lloyd successfully completed its 100% acquisition of SM SAAM's terminal operations and related logistics services. All relevant...

Carrier Transicold launches global reseller partner channel

Carrier Transicold announced the start of the BluEdge Partner Program, a new worldwide reseller partner channel that will provide distribution of its refrigerated container...

Cainiao Group opens new warehouse in Indonesia

Cainiao Group, the logistics arm of Alibaba Group Holding Limited, announced the launch of its first warehouse, Cainiao Cikarang Logistics Park, in Jakarta, Indonesia...

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BIMCO Shipping Number of the Week: China drives 6% drop in global coal shipments

“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China...

eCap marine to power with hydrogen solutions

Hamburg-based eCap Marine has secured two key contracts to deliver hydrogen propulsion systems for zero-emission vessels, marking a significant step forward in the company’s...

SANY launches its first solar power project in Zimbabwe

SANY Silicon Energy broke ground on a 10 MW solar plant for Runtu Mining Company, its inaugural venture in Zimbabwe and the first in...

India’s shipyards set sail to challenge China in the Indian Ocean

As China welds its two mammoth state-owned builders into a single leviathan, India is responding with a very different playbook: partnerships, policy nudges and...

Fight over new Santos terminal underscores competition among shipping lines

Ambiguous bidding criteria has delayed the auction to operate the new Tecon 10 mega-terminal in Brazil's Santos port, the largest in South America. Initially, Brazil's National...
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