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Maersk launches warehouse construction in Chittagong

Container News Team - 0
After facing severe logistics challenges in Bangladesh for years, A.P. Moller Maersk has started building a 200,000 square feet (18,580m²) custom bonded warehouse in...
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Hapag-Lloyd expects 2021 strong financial earnings

Antonis Karamalegkos - 0
On the basis of preliminary figures, Hapag-Lloyd has announced its earnings before interest, taxes, depreciation and amortisation (EBITDA) for the 2021 financial year increased...
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India to set up 100 cargo terminals in three years

Container News Team - 0
The construction of new cargo terminals and the addition of trains to facilitate transportation of goods and passengers got huge importance in the announcement...
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Maersk-owned Svitzer’s application to terminate collective agreement with Australian workforce provokes ITF and maritime unions reactions

Antonis Karamalegkos - 0
Svitzer, Australia’s largest tug operator, has lodged an application with the Fair Work Commission to terminate its enterprise agreement with the Maritime Union of...
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Leschaco takes over Peruvian freight forwarding firm

Container News Team - 0
The global logistics service provider Leschaco will further expand its presence in America with the acquisition of Transantarctic SAC (TPL), a freight forwarding company...
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Hyundai and PSA partner on logistics solutions in Singapore

Container News Team - 0
The automotive manufacturer Hyundai Motor Group and PSA Cargo Solutions, part of PSA International, have jointly announced a long-term partnership that will see PSA...
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Economic Survey 2021-22: Global container shortage to remain

Container News Team - 0
India's finance minister Niramala Sitharaman has tabled the pre-budget Economic Survey for 2021-22 in the Parliament that gives an insight into the economic status...
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Decarbonisation Campaign

Maersk Mc-Kinney Moller Center joins Fleet Decarbonization Optimizer

Container News Team - 0
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has partnered with Maersk Broker Advisory Services and McKinsey & Company to offer data-based advisory...
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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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Latest Posts

The death of the megaship? How fleet flexibility is rewriting container shipping’s future

CN Premium Articles Alexandros Itimoudis - 0
For over a decade, the shipping industry was obsessed with size. The Ultra Large Container Vessel were dominant in global trade, but now, in...
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SeaCube partners with Wonderful in Shafter

News Antonia Saratsopoulou - 0
SeaCube Cold Solutions (SCS) has partnered with The Wonderful Company to open its primary California depot in Shafter. The site will support SCS operations...
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Zara founder buys 49% stake in PD Ports

News Antonia Saratsopoulou - 0
Brookfield stays on as long-term shareholder According to Reuters, billionaire Amancio Ortega has acquired a 49% stake in UK-based PD Ports through his investment firm,...
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Asia-Europe box volumes hit record high

News Antonia Saratsopoulou - 0
According to Japan International Freight Forwarders Association (JIFFA), container exports from Asia to Europe jumped 16% year-on-year in May, reaching 1.81 million TEUs. It’s...
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How to Sell Cryptocurrency Without KYC: Privacy-Focused Methods

Out of the Box Container News Team - 0
Privacy in the crypto world isn't just a feature – for many users, it's a fundamental principle. As governments worldwide tighten their grip on...
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