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Box lines’ first-quarter margins the best since 2010, bar Covid-boom

Container News Team - 0
Liner operators' operating margins for 1Q 2024 have reached the highest since 2010, excluding the period during the Covid-induced boom, according to Alphaliner’s report. Average...
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Rates & Surcharges

Hapag-Lloyd announces peak season surcharges for shipments to North America

Container News Team - 0
Hamburg-based box line Hapag-Lloyd has announced new peak season surcharges for shipments destined for North American ports. The German company will apply a new peak...
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Rates & Surcharges

European liner operators apply new surcharges from Asia to Africa

Antonis Karamalegkos - 0
Three of the major ocean carriers have announced new peak season surcharges (PSS) for shipments from Asia to several ports in Africa. First of all,...
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News

Hapag-Lloyd and Scan Global Logistics sign major biofuel deal

Antonis Karamalegkos - 0
German container shipping company Hapag-Lloyd and Danish transport and logistics solution provider Scan Global Logistics (SGL) enter into a multimillion-dollar ocean biofuel agreement. SGL and...
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Hapag-Lloyd reports significant decline in Q1 financial results

Antonis Karamalegkos - 0
German container shipping company Hapag-Lloyd concluded the first quarter of 2024 with revenues of US$4.6 billion and a Group EBITDA of US$942 million. Additionally, Hapag-Lloyd...
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Rates & Surcharges

Hapag-Lloyd increases rates from India and Pakistan

Container News Team - 0
German container carrier Hapag-Lloyd has announced new rates from India and Pakistan to several destinations worldwide. In particular, the Hamburg-based box line will increase its...
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News

Hapag-Lloyd boxship delivered with LNG tank designed by Hanwha Ocean

Container News Team - 0
Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) has delivered the first very large container ship equipped with a manganese-based LNG tank co-designed by...
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Hapag-Lloyd, CMA CGM update Far East Service

Antonis Karamalegkos - 0
Hapag-Lloyd and CMA CGM will make changes in their joint service, Far East Service (FE9), replacing the Port of Singapore with the Port Klang...
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Hapag-Lloyd partners with IKEA for cleaner shipping

Container News Team - 0
Hapag-Lloyd and IKEA Supply Chain Operations have entered into a cooperation to decarbonise container shipments from Asia. From March 2024 until February 2025, both companies...
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Maersk slipping to third place, as MSC set to expand fleet lead

Ioanna Kontos - 0
According to Sea-Intelligence, when projecting the future fleet sizes of shipping lines, it's common to add the current fleet size to the size of...
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NWSA drive nearly $55 billion in economic activity

News Giannis Nikolakis - 0
A new economic impact report confirms that the Northwest Seaport Alliance (NWSA), the Port of Seattle, and the Port of Tacoma remain vital engines...
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FBX slides as container rates cool across key trade lanes

Rates & Surcharges Container News Team - 0
The latest figures from the Freightos Baltic Index (FBX) show a significant drop in global container freight rates, with the composite index falling 19.7%...
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LOGISTEED launches off-site PPA electricity procurement

News Giannis Nikolakis - 0
LOGISTEED, has announced the rollout of a new off-site Power Purchase Agreement (PPA) program to supply renewable electricity to logistics centers operated by its...
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GEODIS marks key milestone in the floating offshore wind market

News Antonia Saratsopoulou - 0
GEODIS has completed a major milestone in the floating offshore wind sector, coordinating the transport and float-off of three 2,500-ton substructures as part of...
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