Containers
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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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Capital Product Partners continues boxship sell-off
US-listed Capital Product Partners has offloaded three more containerships as it works towards becoming an LNG carrier pure-play. The Evangelos…
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Secondhand ship prices and sales volumes scale heights
Secondhand tanker and bulker prices are at highs not seen for more than a decade, with owners scrambling for all…
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Record TPM opens as ‘difficult’ transpacific contract negotiations get underway
The fortunes of the container market will become clearer this week as close to 4,000 delegates descend on Long Beach…
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Lidl’s Tailwind crowned fastest-growing boxline in the world
The fastest growing containerline fleet in the world in percentage terms is a brand better associated with low-cost goods on…
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