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Hapag-Lloyd buys 49% stake in Italian logistics group

Antonis Karamalegkos - 0
The German container shipping company Hapag-Lloyd has agreed with Spinelli Group to acquire a 49% stake in the Italian logistics firm. The Hamburg-based box carrier...
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COSCO reports record 2022 interim results

Antonis Karamalegkos - 0
The listed companies under COSCO SHIPPING have recently announced their 2022 interim results with COSCO SHIPPING Holdings achieving the best performance in history for...
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Yang Ming chairman: Market correction is “temporary”

Container News Team - 0
Yang Ming Marine Transport chairman Cheng Cheng-mount has asserted that the ongoing correction in container freight rates is just a blip and the market...
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Major container lines make history with US$41.6 billion earnings in 2022 Q2

Antonis Karamalegkos - 0
Danish maritime analysis company Sea-Intelligence looked at the financial and volume results posted by the major container carriers for the second quarter of the...
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AD Ports Group completes acquisition of majority stakes in Transmar and Transcargo International

Antonis Karamalegkos - 0
AD Ports Group has announced the completion of the acquisition of a 70% equity stake in Transmar International Shipping Company and Transcargo International S.A.E....
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Xeneta raises US$80 million to fuel expansion into new markets

Container News Team - 0
Ocean and air freight rate benchmarking and market analytics platform, Xeneta announced a US$80 million investment at a US$265 million valuation led by funds...
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MSC could face default penalty in MCS’ FMC complaint

Container News Team - 0
MSC is facing a default judgement from the US Federal Maritime Commission (FMC) in the complaint brought by US furniture maker MCS Industries, after...
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Industry Opinions

Drewry rejects 20ft containers extinction scenarios

Container News Team - 0
Following a contraction in output of newbuild 20ft shipping containers in 2021, ordering has recovered strongly this year, and Drewry expects its share of...
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CN Photo Project

CN Photo Project: The Picture of the Week

Container News Team - 0
Container News wants to thank you all for your participation in the CN Photo Project. Among all the very beautiful photos we have received, the Container News team has...
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India looks to build 300 rail-linked freight terminals in five years

Container News Team - 0
The government of India has announced a liberalised public land leasing policy for investors seeking to bid on rail-linked freight terminal projects. The policy update...
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Chittagong port destroys containers to free yard space

Container News Team - 0
To free Chittagong port’s yard space as well as the containers which remained occupied for long time, the Chittagong Customs started destroying cargoes of...
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Decarbonisation Campaign

Hapag-Lloyd, Bolloré Logistics ink biofuel agreement to reduce GHG emissions

Antonis Karamalegkos - 0
Hapag-Lloyd and Bolloré Logistics have recently signed an agreement to promote the use of marine biofuel and contribute to the reduction of their maritime...
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Latest Posts

Clarion Shipping West Africa enters container shipping market

News Alexandros Itimoudis - 0
According to DynaLiners, a new Nigerian container shipping company, Clarion Shipping West Africa, has officially entered the market with the acquisition of a 350...
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How Security Escort Services Protect High-Risk Freight on the Road

Sponsored Nondas - 0
Moving a truck full of iPhones, cash, or pharmaceuticals down the highway? Congratulations, you've just painted a giant target on your cargo. Thieves know...
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Latvian Ports Launch Digital Platform

Port News Giannis Nikolakis - 0
Latvia’s major port authorities have joined forces on a major digital transformation initiative aimed at streamlining cargo handling and logistics operations across the country....
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Red Sea insurance costs surge following Houthi attacks

News Alexandros Itimoudis - 0
The cost of insuring vessels transiting the Red Sea has more than doubled in recent days following two deadly attacks by Yemen’s Houthi rebels,...
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Global trade lane growth trends: May 2025 update

News Alexandros Itimoudis - 0
Year-on-year data for May 2025 reveals that global seaborne container trade grew by 1.8%, continuing a generally positive trend, according to DynaLiners. Out of the...
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