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Friday, March 29, 2024
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Maersk renews seasonal South Africa – Europe service

Maersk has decided to renew its seasonal inland and ocean offering from the Eastern Cape load port of Gqeberha in South Africa to North and...

Maersk to omit Baltimore calls as Singapore authority reveals ship “lost propulsion” before incident

Maersk Line's five services that call at Baltimore port will be affected by the collapse of Francis Scott Key Bridge. The bridge collapsed after the...

Maersk opens new warehouse facility in Mexico

Maersk recently inaugurated a new 30,000m² facility in Tijuana, Mexico targeting cross-border trade and serving customers in the technology, automotive, retail, and lifestyle sectors. Positioned...

Maersk relaunches Transpacific service

Maersk aims to improve its Asia - US East Coast service network by restarting the TP20 service. As of mid-April, the Danish shipping company will...

Major lines’ margins in negative territory for first time after five years

Mainline operators’ operating profit margins fell into negative territory for the first time since 2018, due to losses in 4Q 2023, according to Alphaliner’s...

Maersk circles DB Schenker as it ponders acquisition

Maersk has appointed financial advisors to help the carrier evaluate its freight forwarder target DB Schenker which was put up for sale last year. Danish...

Maersk reopens Port Sudan bookings

Maersk announced that it has resumed its acceptance of new bookings to and from Port Sudan. Due to the situation surrounding the Red Sea, including...

Maersk, CMA CGM suspend Rio de Janeiro port call on joint service

Maersk and CMA CGM have notified their customers about upcoming adjustments to their joint Bossa Nova/SIRIUS service connecting the Mediterranean with the East Coast...

Maersk revises PSS from Far East to East Coast South America

Maersk has announced a revision of its Peak Season Surcharge (PSS) for shipments from Far East Asia to East Coast South America for all...

MSC consolidates pole position with largest Asia-Europe share

MSC accounted for half of the capacity growth in the Asia-Europe lanes that resulted from the diversion to the Cape of Good Hope due...
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Asia container exports to US surge in February

In February, container exports from 18 Asian countries and regions to the United States experienced a significant rebound compared to the previous year. According to...

Puerto Rico Ports Authority announces significant investment in terminal development

Puerto Rico governor Pedro R. Pierluisi, alongside officials from the Department of Housing and the Puerto Rico Ports Authority (PRPA), visited Trailer Bridge’s Army...

ABS boss foresees implementation of global carbon tax on shipping

ABS Chairman and CEO Christopher J. Wiernicki conveyed the imminent implementation of a universal, global carbon tax on shipping, highlighting the emergence of alternative...

One Equity Partners takes over Acteon Group

One Equity Partners (OEP), a middle market private equity firm, has acquired Acteon Group, a global marine energy and infrastructure solutions company. The financial terms...