Container volumes rose in the first quarter 2024 at the Port of Hamburg, but lower liquid bulk throughput dragged the overall figure into the red.

Hapag-Lloyd’s first quarter 2024 earnings look devastating compared to the same period in 2023, but the quarter was stronger than expected due to Red Sea diversions.

Analyst Alphaliner outlines the current capacity shortages in the trades between Asia and Europe and in doing so also reveals the extent of the potential overcapacity that could affect the industry if the Red Sea crisis is resolved.

The world’s first biomass-fuelled ship is set to be developed by group of shipping and energy businesses from Japan and the UK under a new MoU.

Following the announcement of the dissolution of the 2M alliance the division of services was rapid, but since the beginning of this year the collaboration has regained momentum with an increase in joint MSC and Maersk services.

Norwegian based Awilco LNG and China Development Bank Leasing (CDB Leasing) have signed a sale and leaseback agreement for two LNG carriers.