Red Sea crisis sees 2M separation go into reverse

May 14, 2024

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.

ICTSI to build $800 million container terminal in the Philippines

May 14, 2024

International Container Terminal Services, Inc. (ICTSI) plans to build a new terminal in Bauan in Batangas.

Awilco LNG and CDB Leasing ink sale and leaseback deal

May 14, 2024

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

Bank lending to Greek shipping falls, sale and leaseback deals increase

May 14, 2024

Despite robust new loan generation as 2023 progressed, at the dawn of 2024 bank lending to Greek shipowners was down reported the 23rd annual analysis by Petrofin Research of bank lending to Greek shipping companies.

Baltimore Key Bridge controlled demolition

May 14, 2024

A series of controlled explosions has been carried out to blast apart section of the collapsed Key Bridge that was resting on the bow of the container ship Dali.

Seatrade Maritime Hellas Report 2024

May 13, 2024

All eyes will be on Athens in June this year as the international maritime industry returns in force for Posidonia 2024. Hellas Maritime Report has an exclusive preview of the show, along with insights into the topics that will be discussed in the...

ACL launches speedy Ireland to North America service

May 13, 2024

ACL is claiming a two week time saving on its new transatlantic service, launched in partnership with BG Freight Line and Peel Ports Group.

CMA CGM and CATL in green energy jv

May 13, 2024

CMA CGM and China’s Contemporary Amperex Technology Co (CATL) plan to set up joint venture and promote green vessels and low-carbon solutions.

Cosco launches new China – South America East Coast service

May 13, 2024

Cosco Shipping has a new container service connecting Tianjin port in China to East Coast of South America.

Ships told to reroute in Indian Ocean as Houthi attack range extends

May 13, 2024

A Houthi drone strike on an MSC container ship in the Indian Ocean has led to EU Forces advising shipping to avoid the Western Indian Ocean and the Gulf of Aden.