Hapag-Lloyd’s Terminal Arm Expands European Footprint with Majority Stake in Key French Port
Hanseatic Global Terminals (HGT), the terminal operating subsidiary of ocean carrier Hapag-Lloyd, has acquired a 60% stake in CNMP LH, which operates the
Hanseatic Global Terminals (HGT), the terminal operating subsidiary of ocean carrier Hapag-Lloyd, has acquired a 60% stake in CNMP LH, which operates the
CMA CGM is in talks with shipyards about the possibility of having medium-sized container vessels built in the United States, the French shipping group's CEO
This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 weeks of successive spot freight rate
The South Korean containership SM Portland has reported significant cargo damage and container losses while transiting to Vancouver through the Bering Sea.
A new U.S. Trade Representative proposal targeting Chinese maritime operations with substantial port fees has sparked significant concerns within the shipping
The top ten US ports reported a 14.2% year-over-year increase in inbound container volume for January 2025, continuing a sixteen-month growth streak that
CMA CGM Group posted 2024 results broadly similar to those of AP Møller Maersk (APMM), but warned of a difficult year to come. As usual, however, the French
Maritime analysts are sounding the alarm that the Trump Administration’s proposed fees on China-built container ships could severely disrupt US supply
The Zero Emission Maritime Buyers Alliance (ZEMBA), a coalition of freight buyers driving demand for zero-emission shipping, has launched its second tender
The U.S. Trade Representative (USTR) has proposed sweeping new restrictions targeting Chinese-built ships and operators, including substantial port fees that
The Georgia Ports Authority (GPA) announced significant growth and ambitious expansion plans during its State of the Port event in Savannah today, marking a
MSC has returned to Zhoushan Changhong International Shipyard for up to eight 21,700 teu LNG dual-fuelled ships, as the Swiss-Italian carrier consolidates its
Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress
Evergreen is to spend more than $3bn on another series of 24,000 teu ultra-large
The Port of Long Beach achieved its strongest January performance on record and second-busiest month ever as retailers rushed to move cargo ahead of
A new industry survey by maritime consultancy Drewry reveals that most container shipping stakeholders expect Suez Canal transits to resume before the end of
South Korean shipping giant HMM delivered strong financial results in 2024, with revenue reaching KRW 11,700 billion (USD $8 billion) and operating profit
Blanked sailings and general rate increases (GRIs) have failed to arrest the drop in Asia-North Europe freight rates, with slot utilisation less than 95% amid
Major geopolitical events and policy changes are significantly impacting global maritime trade in early 2025, with new U.S. tariffs and ongoing Red Sea
U.S. container ports are experiencing sustained high import volumes as retailers accelerate cargo shipments in response to new tariff threats and potential
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up