DP World has received approval for the GB£1 billion (US$1.3 billion) London Gateway expansion project, which is expected to establish the facility as the...

Rotterdam congestion drives ocean carriers away

Antonis Karamalegkos - March 21, 2025 0

Congestion at Rotterdam’s port terminals has forced ocean carriers to adjust their services to avoid delays at the major European hub. As a result, MSC...

Seven niche container lines launch China-Mexico joint service

Antonis Karamalegkos - March 21, 2025 0

Seven smaller ocean carriers will introduce a joint service between China and Mexico. Emirates Shipping, KMTC, Regional Container Lines (RCL), Sinokor, Sinotrans, SeaLead Shipping...

Industry Opinions

Container rate slide may point to start of overcapacity

Container News Team - March 21, 2025 0

Ocean container rates out of Asia continued to fall last week, slipping beneath 2024 lows on a combination of a post-Lunar New Year lull...

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Europe’s shipping strength under pressure amid rising Asian competition

Alexandros Itimoudis - March 20, 2025 0

European shipping has solidified its role as a key geopolitical asset for the European Union (EU), commanding a significant portion of the global fleet. This...

Out of the Box

CMA CGM bids to take over Air Belgium’s cargo operations

Container News Team - March 20, 2025 0

French shipping and transportation group CMA CGM wants to enhance its air cargo capabilities, submitting a bid to buy Air Belgium’s cargo operations. This decision...

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Major box lines move to acquire ownership of chartered vessels

Container News Team - March 20, 2025 0

Evergreen Marine Corporation, Ocean Network Express (ONE) and HMM have all purchased several ships that they had on long-term charter from leasing companies, as...

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Industry backlash against US tariffs on Chinese-built ships

Alexandros Itimoudis - March 20, 2025 0

The US Trade Representative's proposed Section 301 actions targeting Chinese-built and operated vessels are facing staunch opposition from key stakeholders within the maritime industry. The...

News

Hapag-Lloyd reports profit decline in 2024

Antonis Karamalegkos - March 20, 2025 0

German ocean carrier Hapag-Lloyd reported a slight increase in its 2024 earnings, with EBITDA rising to US$5 billion and EBIT improving to US$2.8 billion....

News

DP World London Gateway welcomes first Gemini vessel

Ioanna Kontos - March 20, 2025 0

DP World London Gateway has received its first vessel under the new agreement with the Gemini Cooperation, a partnership between Maersk and Hapag-Lloyd. Maersk Stadelhorn...

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Vietnam demonstrates resilience and emerges as key player in global trade

Alexandros Itimoudis - March 20, 2025 0

Vietnam is charting a resilient path through the turbulent waters of global trade with a set target of US$454 billion in exports for this...

Sticky News

We Asked AI: Soccer fields made from containers

Alexandros Itimoudis - March 19, 2025 0

Stacked and aligned with precision, the containers form the perimeter walls of the field, towering above to create an enclosed, vibrant arena. The playing surface,...

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