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Weekly Analysis of Container Shipping Stocks

The first week of December brought mixed fortunes for container shipping stocks, reflecting broader market uncertainties amid fluctuating freight rates, muted global trade recovery,...

ZIM updates its Transpacific network

Israeli container line ΖΙΜ announced the following updates to its network from Asia to the United States East Coast (USEC) and US Gulf, effective...

Economou outfit returns to container market, with reported ZIM charter

George Economou’s TMS Dry is reportedly behind orders for four 7,900 TEU ships at HJ Shipbuilding & Construction, and the vessels are said to...

MSC and ZIM to embark on new slot-sharing agreement post-2M

MSC and ZIM have filed a new slot-sharing agreement with the US Federal Maritime Commission (FMC) about their Far East-US East Coast services. According to...

ZIM share sale will be scrutinised by other operators

A number of container ship operators will be scrutinising ZIM Integrated Shipping’s books to see if there are any synergy possibilities with the Israeli...

ZIM’s financial recovery continues with strong Q3 results

Israeli ocean carrier ZIM has announced a net income of US$1.13 billion in the third quarter of 2024, while the company reported a US$2.27...

ZIM launches campaign to build US team

ZIM Integrated Shipping Services has launched a new Employer Brand Campaign to attract top talents to its offices in the United States. With the slogan...

Most Reliable Ocean Carriers in 2024

Since 2019, no single carrier among the top 13 global shipping companies has consistently ranked as the most reliable provider across more than 30%...

Lekki Port welcomes new COSCO, ONE and ZIM services

In a significant boost to Nigeria’s maritime industry and international trade, Lekki Port LFTZ Enterprise Limited (LPLEL), Lekki Freeport Terminal, and the Lagos Free...

ZIM updates PSS from Far East to Med, Black Sea and North Europe

Israeli container carrier ZIM has updated its Peak Season Surcharge (PSS) from Far East to East Mediterranean, West Mediterranean, Black Sea, excluding Russian trades,...
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HHLA digitalises truck handling at Hamburg terminals

Since last week, truck access at Hamburger Hafen und Logistik AG’s (HHLA) Container Terminal Altenwerder (CTA) in Hamburg is now fully digitalised and managed...

Bumpy rates in 2025 amid alliance resets and ongoing Red Sea challenges

The seasonal drop in container freight rates after Chinese New Year 2025 could be greater than in previous years, as it coincides with the...

Strategic Competition: Hambantota Port’s Role in Global Trade Dynamics

Hambantota Port, prominently positioned along international shipping lanes, emerges as a pivotal maritime hub under China's Belt and Road Initiative (BRI), specifically enhancing the...

APM Terminals proceeds with Barcelona terminal electrification

APM Terminals Barcelona celebrates the arrival of its first electric straddle carriers, the first of their kind in the Mediterranean, on 9 December. In total,...