Container Shipping

A.P. Moller-Maersk has finalized agreements for 20 new dual-fuel container vessels as part of its ambitious fleet modernization strategy, marking a significant

Maersk and Hapag-Lloyd have selected London Gateway as their primary UK hub for the upcoming Gemini Cooperation, set to launch on February 1, 2025. As part of

The China-Mexico trade route has experienced unprecedented growth in 2024, with shipping volumes surging 18.9% in the first nine months compared to 2023,

Container spot rates were largely unchanged for a third consecutive week, as it became evident that a 15 November rate hike on Asia-Europe trades had failed to

The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring to $26.8 billion, marking a

Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher

New data from supply chain technology provider project44 reveals a significant uptick in U.S. imports from China during this year’s ocean peak season.

Ocean Network Express (ONE) and Seaspan Corporation (SEASPAN) have announced the establishment of OneSea Solutions (ONESEA), a joint venture set to transform

The Port of Long Beach handled nearly 1 million twenty-foot containers in October, setting new record as the port’s busiest month in its 113-year history.

Hapag-Lloyd's CEO said on Thursday he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and

Pressure from customers has apparently caused French mainline operator CMA CGM to u-turn on plans to operate its INDAMEX (Indian Subcontinent-US East Coast)

In a clear indication of the U.S. economy’s ongoing strength, October’s container imports reached 2,494,635 twenty-foot equivalent units (TEUs),

By Marianna Parraga HOUSTON, Nov 8 (Reuters) – The Panama Canal Authority could double in coming years the number of containers that move through the

French shipping giant CMA CGM has posted impressive third-quarter results for 2024, reporting $15.8 billion in revenue—a notable 38.5% increase from Q3

By Gavin van Marle (The Loadstar) – Despite generally weak cargo demand, spot rates on the Asia-Europe trades continued to show gains this week, as

German liner Hapag-Lloyd has inked contracts with two prominent Chinese shipyards for 24 new state-of-the-art containerships valued at around US $4 billion The

As geopolitical turmoil in the Red Sea disrupts traditional shipping routes, the global container fleet has hit a record low in commercially idle capacity,

By Gavin van Marle (The Loadstar) – Container shipping lines on the main east-west trades this week managed to reverse 15 weeks of consecutive declines

As the U.S. presidential election nears, Simon Heaney, Senior Manager of Container Shipping at Drewry, has provided insight into how each candidate’s

Ocean Network Express (ONE), the world’s sixth-largest ocean carrier by capacity, reported robust financial results for its second quarter of FY2024