Οwner and founder of cargo-partner Stefan Krauter has decided to sell the Austrian global logistics firm to Japanese stock-listed Nippon Express Holdings, which is...

News

Maersk expands warehousing footprint in Bangladesh

Ioanna Kontos - May 15, 2023 0

A.P. Moller - Maersk announced the expansion of its Chattogram warehouse footprint. Maersk has begun the second phase of its agreement with ISATL, which...

Services

Maersk completes divestment of Maersk Supply Service

Container News Team - May 15, 2023 0

Maersk has announced the completion of the divestment of Maersk Supply Service (MSS), a provider of global offshore marine services and project solutions for...

Port News

APM Terminals pledges around US$1 billion investment in Brazilian facilities by 2026

Container News Team - May 15, 2023 0

APM Terminals’ CEO Keith Svendsen pledged an investment of approximately US$1 billion in the company's Brazilian operations up to 2026. This figure includes around US$322...

Industry Opinions

Container freight rates drifting lower

Ioanna Kontos - May 15, 2023 0

Hongkong and Shanghai Banking Corporation Limited (HSBC) reported that the Shanghai Containerised Freight Index (SCFI) declined by 1.5% week-on-week, while China containerised freight index...

Port News

Container traffic slows at Port of Long Beach

Container News Team - May 15, 2023 0

The Port of Long Beach saw decreased container traffic in April with dockworkers and terminal operators moving 656,049 TEUs last month, down 20.1% from...

Services

CMA CGM to reshuffle TMX 3 service

Ioanna Kontos - May 15, 2023 0

CMA CGM's Short Sea Lines Division announced the rescheduling of the TMX 3 (Turkey Med Express) service between Turkiye, Italy, Slovenia, and Malta beginning...

Most Popular

Yang Ming’s first quarter profit exceeds US$110 million

Container News Team - May 15, 2023 0

Yang Ming reported first quarter revenues of US$1.22 billion and net profit of US$112 million with earnings per share (EPS) of NT$0.97. According to the...

Most Popular

Port of Genoa prepares for larger vesels

Ioanna Kontos - May 14, 2023 0

The innovative project at Genoa Port comprises building a marine infrastructure that will operate as a bulwark at sea and safeguard the basins and...

Most Popular

Reliability rises close to pre-pandemic levels, reports Sea-Intelligence

Container News Team - May 14, 2023 0

Danish maritime data analysis company Sea-Intelligence has reported noticeable improvements across all metrics of schedule reliability and average delay on a global, carrier, carrier...

Rates & Surcharges

CMA CGM to apply scanning fee in Congo

Ioanna Kontos - May 14, 2023 0

CMA CGM has announced that it will implement a scanning fee at the Pointe Noire Port in Congo and the final destinations on the...

News

PSA BDP proceeds to full ownership of PSA BDP office in Saudi Arabia

Container News Team - May 14, 2023 0

PSA BDP, a provider of globally integrated and port-centric supply chain, transportation, and logistics solutions, has announced full ownership of all PSA BDP office...

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