A Svitzer tug escorts container vessel Majestic Maersk
Red Sea crisis and terminals lift Maersk earnings
May 02, 2024
Maersk has raised its 2024 earnings guidance as the prolonged crisis in the Red Sea supported rates in its ocean segment.
An overhead shot of containerships in port
Gulf in expected freight rates slows Transpacific negotiations
May 02, 2024
Major logistics providers say the gap in asking prices between shippers and container lines has slowed down contract negotiations on the Transpacific.
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Maritime in Minutes - news roundup April 2024
May 02, 2024
Iran seizes an MSC containership. Is the IMO really too slow? And would you want to work on a ship fuelled with ammonia - just some of the topics we’ll be discussing in this latest episode of Maritime in Minutes.
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Al Jubail and Riyadh Dry Port connected in first rail cargo operation
May 01, 2024
New rail link aims to provide logistical support to industrial and commercial ports in Saudi Arabia to boost competitiveness and support trade.
Hapag-Lloyd the Antwerpen Express
Hapag-Lloyd launches real-time container tracking tool
May 01, 2024
Hapag-Lloyd has launched real-time container tracking on most of its nearly 3 million strong fleet.
OOCL Turkiye megamax containership newbuilding in shipyard
Container ship capacity delivered in April 1.1% of current global fleet
May 01, 2024
The month of April set a new record for box ship deliveries as newbuildings continue to flood into the market.
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Unifeeder expands in Latin America, opens Panama office
May 01, 2024
DP World’s Unifeeder Group has opened an office in Panama its first in the Latin American region.
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Port of Southampton handles first simultaneous ULCV calls
Apr 30, 2024
DP World’s Southampton terminal put an ultra-large container vessel at berth 2/3 during its first simultaneous ULCV berthing operation.
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V.Ships to manage X-Press methanol dual fuel feeders
Apr 30, 2024
V.Ships France will manage four newbuild methanol-powered dual fuel vessels for X-Press Feeders subsidiary Eastaway France.
ONE containers stacked in port
Red Sea crisis boosts ONE in Q4, forecasts billion profit in FY2024
Apr 30, 2024
A rise in freight rates in Q4 FY2023 due to geopolitical tensions in the Middle East pushed Ocean Network Express (ONE) back into the black, and it is forecasting a profitable FY2024.
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