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Lars Jensen: Container market set to be “drastically different” in 2023

The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January. Their opinion is that in 2023, container...

Antitrust authorities give green light to Spinelli Group share acquisition by Hapag-Lloyd

Following the signing of the agreement in September 2022, the relevant antitrust authorities have approved the acquisition of a 49% share in Spinelli Group...

IFCHOR and Galbraiths ink merger deal

The signing of the agreement on the merger between shipbrokers IFCHOR and Galbraiths has been completed. The new group will consist of 21 offices with...

Sea-Intelligence reports volume shrinking in North America West Coast

Sea-Intelligence noted in its latest report that when annualised against 2019, volume growth on the North America West Coast (NAWC) stagnated during the first...

Dutch police arrests MSC Lorena bomb threat suspect

Dutch police has arrested a 22-year-old suspected of involvement in the false bomb threat on the 4,870 TEU MSC Lorena, which occurred on 22...

CMA CGM integrates GEFCO into CEVA brand

Following the acquisition of GEFCO by French CMA CGM Group, the European automotive logistics provider's brand will now become CEVA Logistics. In particular, CMA CGM's...

NYK trials satellite service operated by Musk’s SpaceX

Singapore-based Nippon Yussen Kaisha (NYK) Shipmanagement performed a trial of the Starlink satellite communications service, provided by Elon Musk's Space Exploration Technologies (SpaceX), on...

Boxship sales halved in 2022 as freight levels fell

Sales and purchases of container ships halved to 950,300 TEUs in 2022 as freight levels began normalising, according to Alphaliner's latest report released today...

ZIM backs fintech startup firm

40Seas, an innovative fintech platform for cross-border trade financing, was funded with US$111 million from the Israeli companies ZIM and Team8. In particular, the company’s...

CMA CGM opens new office in Port of Damietta

The new administrative headquarter of the French ocean carrier CMA CGM Group, one of the largest container shipping companies in the world, was inaugurated...

Update: Grounded MSC boxship refloated, Port of Gioia Tauro resumes operations

The operations at the port of Gioia Tauro have returned to normal levels after the successful attempt to free MSC Elaine which blocked the...

Maersk announces new executive leadership team

Maersk has made several changes in its organisational structure and executive leadership team, following the appointment of new CEO Vincent Clerc who took the...

Latest Posts

ABB and Royal Caribbean Group sign 15-year fleet service agreement

ABB has signed a 15-year fleet-wide service agreement with Royal Caribbean Group, expanding a decades-long partnership and reinforcing ABB’s role in advancing maritime performance...

How to Use a Freight Shipping Calculator Effectively

Today, the process of shipping is way more complicated than moving items from one place to another. Seeking the best possible routes and transport...

Imabari Shipbuilding delivers new ship

On July 1st, Imabari Shipbuilding marked another step forward in sustainable shipping, delivering a new vessel named ANGELITE ACE. Built by Tadotsu Shipyard Co., Ltd.,...

Temporary truce in the trade war

Maritime transport accounts for over 90% of global trade. Shipping is closely tied to the global geopolitical situation, which is currently driven in large...

Deltamarin works with Maersk, class societies on ammonia-powered boxship design

Finnish ship designer Deltamarin, a subsidiary of Chinese shipbuilder AVIC Weihai, has designed a 3,500 TEU ammonia-powered ship. Deltamarin teamed with Maersk Line, Maersk Mc-Kinney Moller...
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