Qatar Navigation (Milaha), one of the largest maritime and logistics companies in the Middle East has achieved strong financial results during 2021, mainly driven...

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Shippeo expands footprint in North America

Container News Team - February 9, 2022 0

The real-time transportation visibility provider Shippeo is expanding its North American operations and US executive team, and it is also enhancing its customer-centric, multi-modal...

Maersk agrees to buy US transportation and logistics firm for US$1.68 billion

Antonis Karamalegkos - February 9, 2022 0

Maersk has announced its intention to acquire the US-based transportation and logistics company Pilot Freight Services for US$1.68 billion with the closing of the...

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Reliability recovery will take at least 8-9 months, reports Sea-Intelligence

Container News Team - February 9, 2022 0

Even though supply chain problems continue to plague the shipping industry, Sea-Intelligence claims that Covid is now entering an endemic phase, rather than a...

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Maersk achieves record full-year earnings, expects strong 2022

Antonis Karamalegkos - February 9, 2022 0

Maersk has confirmed outstanding financial results for 2021 driven by "exceptional market conditions" led to record-high growth and profitability, according to the company's CEO,...

HMM to shift out of Hyundai Group building, removes all Hyundai vestiges

Container News Team - February 9, 2022 0

HMM will cut off its last remaining link to the Hyundai chaebol as South Korea’s flagship liner operator will move out of the Hyundai...

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DP World surpasses 77 million TEU in 2021

Container News Team - February 9, 2022 0

The Dubai-based container terminal operator DP World has closed 2021 by handling 77.9 million TEU across its global portfolio, registering an increase of 9.4%...

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Future Proof Shipping joins European hydrogen project with another zero-emissions inland vessel

Container News Team - February 8, 2022 0

The Dutch zero-emissions vessel owner Future Proof Shipping (FPS) has joined Flagships, a European innovation project, to bring its second zero-emissions inland container vessel,...

Global container carriers thrive despite signs of rate decline

Container News Team - February 8, 2022 0

The latest Xeneta Shipping Index (XSI) Public Indices Report has shown the decline of 3.6% in long-term contracted ocean freight rates in January fails...

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Sri Lanka announces penalty waiver for boxes lying at port yards on forex shortage ground

Container News Team - February 8, 2022 0

Amid the severe shortage of foreign exchange in the domestic market, many consignments in Sri Lankan ports remained undelivered for days and months, thus...

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Traxens raises more than US$25 million and acquires French container tracking solution provider NEXT4

Container News Team - February 8, 2022 0

The smart container service provider TRAXENS has announced a new financing round of €23 million (US$25 million) from the company’s existing shareholders. The funds will...

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CULines partners with Chinese furniture firm

Container News Team - February 7, 2022 0

Chinese container shipping service provider China United Lines (CULines) has signed a partnership agreement with its compatriot furniture manufacturer Kuka Home to cooperate on...

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One of the world’s largest vehicle carriers completes transit through the Suez Canal

Vard signs contract with InkFish for research vessel

Slovenia emerges as key logistics hub

K LINE takes delivery of LNG-fueled car carrier

Maersk launches new CAX service

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Chapman Freeborn handles record-breaking cargo at Glasgow Prestwick Airport

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