DP World has announced the launch of its e-commerce platform DUBUY.com in Tunisia and believes that this expansion of DUBUY.com will allow Tunisian wholesalers...

Seafarers rescued from burning boxship off Xiamen

Container News Team - September 5, 2022 0

Nineteen seafarers on a Chinese domestic container ship, Zhong Zhou Chang Hong, were rescued by local search and rescue personnel, after a fire broke...

News

Wärtsilä and Maersk collaborate to prevent scrubber discharge pipe corrosion

Container News Team - September 5, 2022 0

Wärtsilä and A.P. Moller – Maersk have collaborated to provide a means for preventing corrosion in scrubber discharge pipes. The permanent in pipe solution...

News

FESCO announces operating and financial results for 2022 first half

Container News Team - September 5, 2022 0

FESCO has announced its operational and financial results for the first half of the year, during which it achieved a record traffic volume of...

Rodolphe Saadé expects shipping demand downturn, while CMA CGM reports another profit jump

Antonis Karamalegkos - September 5, 2022 0

French container carrier CMA CGM has announced huge year-on-year increases in its financial figures for the second quarter of the year, reporting a net...

News

U Shippers Group seeks US$180 million from Maersk over “breach of contractual obligations”

Container News Team - September 5, 2022 0

U Shippers Group Inc., a US-based shipping association, has lodged a US$180 million claim with the Federal Maritime Commission (FMC) against Maersk, alleging that the...

News

Kuehne+Nagel announces new chief human resources officer

Container News Team - September 5, 2022 0

Sarah Kreienbühl will become a member of the management board of Kuehne+Nagel and chief human resources officer (CHRO) as of 1 April 2023 succeeding...

CN Photo Project

CN Photo Project: The Picture of the Week

Container News Team - September 2, 2022 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...

News

Financial Products Group in purported second Seaspan transaction

Container News Team - September 2, 2022 0

Japanese leasing house Financial Products Group (FPG) said on 1 September that it has completed a sale-and-lease transaction for 15 boxship newbuildings. While FPG did...

News

SFL acquires two newbuild feeder container vessels

Container News Team - September 2, 2022 0

SFL has agreed to acquire two new eco-designed feeder container ships in combination with long-term time charters to a leading European liner company. “The transaction...

News

New US$1.4 billion funding to improve US rail network

Container News Team - September 2, 2022 0

The US Department of Transportation (USDOT) has announced the availability of more than US$1.4 billion in Consolidated Rail Infrastructure and Safety Improvement (CRISI) Grant...

News

KHI completes US$150 million Daehan Shipbuilding acquisition

Antonis Karamalegkos - September 2, 2022 0

South Korean private equity firm KH Investment Group (KHI) has completed the takeover of Daehan Shipbuilding for KRW200 billion (US$150 million). According to an announcement,...

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