October 4, 2022
Two Matson Inc subsidiaries must face claims from rival container shipping company American President Lines LLC that Matson is abusing its market power over service...
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Containers
September 30, 2022
A.P. Moller-Maersk’s chief executive said on Thursday he expects a “modest” pick-up in trade for the upcoming holidays this year amid concerns about the slowing...
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September 28, 2022
Overseas demand for goods from China is weakening as the global economy slows, warned a senior Chinese commerce ministry official, though the country still expects...
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September 27, 2022
A consortium led by former Berkshire Hathaway Inc. executive David Sokol and Canadian investment group Fairfax Financial Holdings Ltd raised its offer to buy Atlas...
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September 27, 2022
DP WORLD announced that its terminal at London Gateway has handled its 10 millionth container, just nine years after the smart logistics hub on the...
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September 16, 2022
Hapag-Lloyd and Spinelli Group have entered into an agreement to join forces. (more…)
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September 16, 2022
Seaspan, a wholly-owned subsidiary of Atlas Corp., announced an update to Atlas' May 17, 2022 press release regarding contracts for four 7,700 TEU dual-fuel liquefied...
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September 8, 2022
At the SMM trade fair in Hamburg, classification society DNV and global container shipping line MSC Mediterranean Shipping Company (MSC) signed a contract to implement...
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September 8, 2022
A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. (more…)
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September 5, 2022
German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to extend its edge...
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September 5, 2022
Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly profits....
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September 1, 2022
Global Ship Lease announced that it has entered into new multi-year charters with Hapag-Lloyd for six ECO 6,900 TEU ships. (more…)
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September 1, 2022
Hapag-Lloyd has taken the first step in its major project to equip its entire dry container fleet with real-time tracking devices. The first of these...
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August 29, 2022
French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a loosening of logistics bottlenecks in some regions as...
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August 29, 2022
The San Pedro Bay ports of Los Angeles and Long Beach will postpone consideration of the “Container Dwell Fee” for four weeks, until Sept. 23....
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