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Higher profits for Chinese intra-Asia carrier SITC

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SITC International Holdings, the parent of Chinese intra-Asia carrier SITC Container Lines, reports that 2019 profits were up 11% to US$221.5 million as cargo...
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Most Visited - Newsletter

China is now the largest container ship-owning nation

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The German Shipowners’ Association (VDR) President Alfred Hartmann has said that China has surpassed Germany as the largest container ship-owning country. Ship databases corroborate Hartmann’s...
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PIL sales continue with PDL divestment

Container News Team - 0
Neptune Pacific Line (Neptune) has acquired Pacific Direct Line (PDL) from PDL’s parent holding company, Pacific International Lines (PIL). The combined business will link...
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Rates & Surcharges

Freightos: Supply chain is starting to recuperate

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A spike in intra-Asia air cargo rates is an indication that China’s manufacturing industry is ramping up its businesses again following the extended Lunar...
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Port News

Waiting times at Nigeria exceed a month

Container News Team - 0
Lagos in Nigeria continues to suffer extraordinary delays as waiting times at APM Terminals' Apapa and Bollore Ports' Tincan Island Container Terminal (TICT) continue...
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Most Visited - Newsletter

Hyundai Merchant Marine to rebrand as HMM Co., Ltd

Container News Team - 0
South Korean flagship mainline operator Hyundai Merchant Marine (HMM) will be renamed HMM Co., Ltd. Container News understands that the move had been planned for...
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Most Visited - Newsletter

OOCL orders five mega container ships

Container News Team - 0
Orient Overseas Container Line (OOCL) has signed newbuilding contracts with shipyards Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) and Dalian COSCO KHI Ship...
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Lines race to reposition empties as China returns to work

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The impact of the Covid-19 virus on the supply is waning fast according to Sea-Intelligence’s latest Spotlight newsletter, with the race now on to...
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Most Visited - Newsletter

XPO Logistics acquires K+N’s UK contract logistics portfolio

Container News Team - 0
Kuehne + Nagel has entered into a definitive agreement to sell a major part of its United Kingdom contract logistics portfolio to XPO Logistics. The...
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Rates & Surcharges

UK Court of Appeal accepts that CMA CGM Libra was unseaworthy

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In a Court of Appeal ruling, which was described by lawyers Watson Farley & Williams as “significant”, judges said, on 5 March, that inadequate...
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Most Visited - Newsletter

Operations at key Shanghai port back to pre-COVID-19 levels

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Throughput at Shanghai's Yangshan Deepwater Port, China's single largest container processing facility, is nearing pre-COVID-19 levels. Yangshan Port said that in the last week, it...
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News

New guidance on COVID-19 offered by ICS and world health authorities

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The International Chamber of Shipping has produced new guidance for ship operators and crew in collaboration with the World Health Organization, the International Maritime...
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MAN Energy Solutions rebrands as Everllence

News Alexandros Itimoudis - 0
MAN Energy Solutions has officially rebranded to Everllence, marking a pivotal step in the company’s strategic evolution. The new global identity underscores its expanding role...
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HHLA acquires majority stake in Ukrainian terminal

Port News Container News Team - 0
Hamburger Hafen und Logistik AG (HHLA) has decided to invest in a Ukrainian terminal, acquiring 60% of the shares in Eurobridge Intermodal Terminal LLC...
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India vows to emerge as shipbuilding power through external partnerships

CN Premium Articles Alexandros Itimoudis - 0
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APM Terminals Lázaro Cárdenas receives six new electric cranes

Port News Alexandros Itimoudis - 0
APM Terminals Lázaro Cárdenas has received six cutting-edge electric automated rail-mounted gantry cranes, marking a significant step forward in modernizing Mexico’s logistics infrastructure. These cranes...
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