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Yang Ming reportedly makes exceptions with 12-month bonuses

Container News Team - 0
Yang Ming Marine Transport is said to have broken with tradition by giving staff 12-month bonuses, in response to employees clamouring for the Taiwanese...
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Transpacific spot rates drop, transit times remain high

Container News Team - 0
The digital freight forwarder Shifl has conducted a study showing that transpacific container spot rates between Chinese ports and the US West Coast and...
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CMA CGM to acquire majority stake in compatriot Colis Privé

Container News Team - 0
CMA CGM has entered into a preliminary agreement to acquire a 51% stake from the HOPPS Group in the Colis Privé Group, a home...
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ONE increases FY21 third quarter profit by 418%, forecasts more than US$15 billion full year earnings

Container News Team - 0
Singapore-headquartered carrier Ocean Network Express (ONE) has recorded a skyrocketing increase in profit of 418% year-on-year, during the third quarter of the financial year...
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After skyrocketed profit earnings, container lines eye investment opportunities

Container News Team - 0
From an investor's standpoint, shipping used to be what they call a 'drag' sector, and shipping company stocks received very less attention when compared...
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Historic low in container ship schedule reliability

Container News Team - 0
The Danish research and analysis provider Sea-Intelligence has reported that schedule reliability dropped again month-on-month in December, this time by 1.2 percentage points to...
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Reborn PIL revives newbuilding appetite

Container News Team - 0
Container News has confirmed with sources at Jiangnan Shipyard that revived Singapore-based liner operator Pacific International Lines (PIL) has ordered up to four 13,000...
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Industry Opinions

VesselsValue demolition report for 2021

Container News Team - 0
2021 saw significant trends and changes in the shipping industry with record-breaking Container demand, surging steel prices, and the threat of returning lockdowns as...
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Chinese furniture maker Loctek builds boxship to overcome logjams

Container News Team - 0
Chinese furniture maker Loctek Ergonomic Technology Corp. wants to beat the supply chain bottlenecks and tight shipping capacity, by building its own container ship. The...
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Delay in India’s rice shipments due to logistical bottlenecks

Container News Team - 0
India’s rice exporters have cancelled their February export contracts fearing high demurrage charges owing to a shortage of freight trains. Cargoes are stuck at...
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DSP strengthens its presence in the United States

Container News Team - 0
The Swiss technological and consulting company for the container terminal and port industry, Data and System Planning (DSP) has founded a fully owned and...
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Xeneta acquires air freight data provider CLIVE Data Services

Container News Team - 0
The freight rate benchmarking platform Xeneta has acquired the Amsterdam-based air freight data analytics company CLIVE Data Services to provide more comprehensive insights into...
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Hong Kong port reopens, but Hai Phong guards against Wipha

CN Premium Articles Container News Team - 0
Hong Kong and southern Chinese container terminals today resumed operations,having suspended container handling over the weekend as Typhoon Wipha made landfall. An advisory from OOCL indicated...
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Yusen to acquire healthcare logistics business

News Alexandros Itimoudis - 0
Yusen Logistics Global Management, a subsidiary of the NYK Group, has announced that its European arm, Yusen Logistics, has agreed to acquire the healthcare...
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Ukrainian Ports: Rebuilding maritime infrastructure with hidden geopolitical currents

CN Premium Articles Alexandros Itimoudis - 0
As Ukraine continues its path toward post-war recovery, an unassuming battlefield is taking shape not on land, but along the country’s vital Black Sea...
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Cabship expands role in African Energy

News Antonia Saratsopoulou - 0
Angolan logistics firm Cabship has joined the upcoming African Energy Week (AEW): Invest in African Energies 2025 as a Silver Partner, reinforcing its growing...
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Israel strikes Houthi targets at Hodeidah port

News Alexandros Itimoudis - 0
On Monday, the Israeli military launched strikes on Houthi-controlled targets in Yemen’s strategic Hodeidah port, escalating its campaign against the Iran-backed group, according to...
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