Containers
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China-Mexico tradelane in the spotlight on the US campaign trail
Last year, Mexico overtook China as America’s top trade partner, according to data from the US Commerce Department. Just how…
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CMA CGM bids to take over France’s top rolling news channel
Rodolphe Saadé has moved to buy France’s top rolling news channel as the cash-rich liner executive bolsters his media empire.…
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Yang Ming boxship takes out three cranes in Turkey
A 14,000 teu Yang Ming containership knocked out three giant quay cranes at a Turkish port on Saturday. One crane…
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MPC Capital doubles stake in MPC Container Ships
MPC Capital has doubled its shareholding in boxship owner MPC Container Ships (MPCC). The Hamburg-based asset and investment manager said…
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Houthis vow to extend attacks deeper into the Indian Ocean
Another ship has been damaged by the Houthis, who now claim to have hypersonic missiles in their armoury and will…
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Chinese liner readies transpacific entry
A new Chinese entrant is ready to enter the transpacific container trades. Hong Kong-based Hede (Hong Kong) International Shipping, part…
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Habben Jansen’s contract at Hapag-Lloyd extended through to 2029
Having overseen its greatest earnings ever, Rolf Habben Jansen has had his contract extended as CEO of Hapag-Lloyd, Germany’s number…
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CMA CGM drives clients to its booking platform with rewards scheme
For air miles, read nautical miles – French liner CMA CGM has just unveiled a loyalty program with customers. SEA…
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Jones Act leasing business launched by Libra subsidiary
Seapath, part of Libra Group, has launched a Jones Act leasing business with $25m of initial transactions already concluded. Seapath’s…
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Cape diversions see box shipping EU ETS outlays leap by 191%
Persistent missile attacks by Houthi rebels on ships plying the Red Sea route have led to soaring emissions liabilities for…
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Maersk studies possible DB Schenker acquisition
After DHL withdrew last week from the battle for one of the largest acquisitions in the global logistics industry, Maersk…
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Another new Turkish liner heads to Russia
A new Turkish liner has unveiled a service connecting with Russia. Istanbul-based ULD Shipping has debuted a new Black Sea…
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Shipping warned sanctions inflation is running ‘red hot’
The minefield shipping faces in avoiding dealing with sanctioned entities has become far more treacherous in recent years. Exclusive data…
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China’s second largest liner reveals changes at the top
Yang Shaopeng has stepped down as long-serving chairman of SITC International Holdings, setting in motion a series of promotions that…
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Yang Ming, HMM and ONE urged to collaborate with MSC
Business consultants at AlixPartners have suggested the remaining members of THE Alliance should attempt to form a vessel sharing agreement…
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Tough week for MSC’s vintage fleet
It’s been a tough week for the safety department at the world’s largest containerline, with three of its 20th century-built…
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Non-alliance liners double market share on Asia-Europe over the past year
The market share of non-alliance liners operating in the Asia-Europe tradelane has doubled in the space of one year. New…
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CMA CGM drops Wincanton pursuit
French carrier CMA CGM has decided to drop its bid for British logistics firm Wincanton amid a rival takeover bid.…
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Houthis move to tighten grip on Red Sea shipping
Emboldened by their first ship sinking the Houthis are now insisting any ships entering their territorial waters need to obtain…
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Nike ties the knot with CMA CGM on biofuels
American sportswear giant Nike has contracted French liner CMA CGM to use sustainable biofuel for a part of its maritime…
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