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Hapag-Lloyd to acquire container liner business of another Africa specialist

The German container shipping company Hapag-Lloyd will acquire the box line business of its compatriot carrier Deutsche Afrika-Linien (DAL). Although the completion of the transaction...

WinGD to supply PIL 14,000 TEU newbuildings with LNG dual-fuel engines

The developer of low-speed gas and diesel engines for marine propulsion, Winterthur Gas & Diesel (WinGD) has confirmed an X-DF2.0 order for four 14,000...

Indian container trade shows early signs of slowing after strong rebound

An analysis of the latest port data suggests that a slowdown in Indian containerised trade growth is likely, after volume levels across major ports...

ZIM reports record annual revenues and profits

ZIM has announced that its total revenues for 2021 were US$10.73 billion, increased by around 2.5 times compared to the full year of 2020,...

Danish law firm joins Maersk Mc-Kinney Moller Center for Zero Carbon Shipping

One of Denmark’s largest law firms Gorrissen Federspiel and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a partnership agreement as a...

SITC profit rockets 230%, exceeding US$1 billion

SITC International, the parent of Hong Kong-based intra-Asia carrier SITC Container Lines, has seen its 2021 net profit surge by 230% year-on-year to US$1.17...

RoadOne builds distribution centre in Virginia

The intermodal transportation and logistics company, RoadOne IntermodaLogistics, is building a 31,587m² distribution and fulfilment centre in Norfolk, less than 10 miles away from...

Post-CNY capacity to break records in 2022

Sea-Intelligence has analysed the capacity deployed on Transpacific and Asia-Europe in the 12 weeks after the Chinese New Year (CNY) period, since 2017. "Since CNY...

Interview with Michal Judovits, Chief Commercial Officer at ECOncrete

Container News continues with a series of Q&A interviews with Michal Judovits, Chief Commercial Officer at ECOncrete, taking her position and sharing her views...

Hapag-Lloyd reports possible spear phishing attack

Hapag-Lloyd has announced that its Information Technology (IT) security team has found a copy of the company's website, which is very likely to mean...

Bureau Veritas joins consortium to work on container ship fire safety

The French classification society Bureau Veritas (BV) will join a consortium that will deliver a Formal Safety Assessment study on boxship fires to the...

Schedule reliability drops to record-low in January 2022

Schedule reliability dropped again, this time by 0.9 percentage points, month-to-month to 30.9%. This is the lowest ever global schedule reliability since the Danish...

Latest Posts

BIMCO adopts new clause in response to U.S. tariff measures

BIMCO has introduced a new standard contract clause aimed at tackling the uncertainty caused by recent U.S. trade actions. The clause was developed quickly after...

Maersk introduces peak season surcharge for shipments from Asia to Southern and Eastern Africa

Maersk has announced the implementation of a peak season surcharge for cargo moving from a wide range of Asian origins to destinations in Southern...

Piraeus at the crossroads: COSCO’s gamble amid IMEC’s rise

As the India-Middle East-Europe Economic Corridor (IMEC) aims to shape the strategic map of global trade, one of Europe’s most important maritime hubs, the...

WCI drops for fifth week straight

According to Japan International Freight Forwarders Association (JIFFA), Drewry’s World Container Index (WCI) dropped again in Week 29, falling 2.6% to US$2,602 per FEU....

Yang Ming splashes out on new containers and ships

Yang Ming has ordered over 40,000 new containers for $120m, ahead of the delivery of several newbuildings. The containers were commissioned at China International...
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