Hapag-Lloyd’s Q3 2023 profit dropped to an EBIT of EUR204 million container freight rates continued to decline.

Ending a long-standing relationship can be messy, but Maersk and MSC appear to be dissolving their 2M consortium with the minimum of fuss, with the Asia/Europe trades disentangled, attention turned to the Atlantic.

E-navigation and ship performance technology firm, Navtor, and Voyager Worldwide, a maritime digital technology specialist, have announced that they are to join forces.

Maersk announced the appointment of Silvia Ding, the current Chief Transformation Officer, as the new President for the Greater China region.

A study commissioned by German shipowner Oldendorff Carriers shows stability and degradation issues for biofuels.

MSC controls nearly 25% of all containerships that are 20 years old or more according to analyst Alphaliner.

Italian classification society RINA has appointed Carlo Luzzatto as CEO taking over from long-time chief Ugo Salerno.

AP Moller Maersk’s container shipping, or ocean, business slumped into the red in the third quarter and the Danish company warns of challenges ahead.

Yara and North Sea Container Line (NCL) are collaborating to produce the first green ammonia powered containership, agreeing to put safety at the forefront of the vessel design and operation.