German container shipping company Hapag-Lloyd has shown a strategic focus on enhancing its terminal operations in Europe. A major step in Hapag-Lloyd's port expansion strategy...

Industry Opinions

Bulker newbuilding contracting plunges 92% to lowest level in decades

Ioanna Kontos - March 13, 2025 0

"During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in...

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China’s Plans for Southeast Asia Amid US Tensions: No Concrete Developments Yet

Alexandros Itimoudis - March 13, 2025 0

Since December 2024, with the realization that US President Donald Trump is likely to pursue an aggressive trade war strategy in his second term,...

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Crew absent from Solong’s bridge at time of accident

Container News Team - March 13, 2025 0

There was no crew on the bridge of the container ship Solong when it crashed into the Stena Immaculate on the morning of 10...

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Newbuilding boom leads to longer vessel construction waiting times

Container News Team - March 13, 2025 0

Container ship newbuilding deliveries are seeing their longest lead time since the global financial crisis in 2008/2009, according to Alphaliner. The global container ship orderbook...

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US veto on Russian shadow fleet signals sharper focus on Chinese maritime challenge

Alexandros Itimoudis - March 13, 2025 0

The United States has declined a Canadian proposal to create a task force aimed at addressing Russia's alleged shadow fleet of oil tankers, as...

News

Video footage captures moment of impact in North Sea ship collision

Container News Team - March 13, 2025 0

Video footage captured by Orca AI's lookout unit (SeaPod) mounted on the tanker Ionic Aspis anchored off the port of Grimsby close to the...

Sticky News

Global bunker indices show volatile trend

Ioanna Kontos - March 13, 2025 0

At the end of the 11th week of the year, the global bunker indices of the Marine Bunker Exchange (MABUX) showed no stable trend,...

Port News

Georgia Ports Authority celebrates 80 years

Container News Team - March 13, 2025 0

The Georgia Ports Authority (GPA) is celebrating 80 years of driving global trade and economic growth. Since its founding in 1945, GPA has evolved into...

News

ZIM bounces back to profit after 2023 losses

Antonis Karamalegkos - March 13, 2025 0

Israel-based container carrier ZIM reported total revenues of US$8.43 billion for the full year of 2024, compared to US$5.16 billion for the full year...

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Robbery incidents surge in Singapore Strait amid social challenges and geopolitical shifts

Alexandros Itimoudis - March 12, 2025 0

The recent armed robbery on a Panama-flagged tanker in the Philip Channel brings to the forefront the level of the security risk in the...

Yang Ming records US$2 billion in annual net profit

Antonis Karamalegkos - March 12, 2025 0

Taiwan's major ocean carrier Yang Ming Ming reported consolidated revenues of US$6.94 billion and a net profit after tax of US$2 billion, resulting in...

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