MSC and Hapag-Lloyd Prepare for Post-2M Era
After the termination of the 2M Vessel Sharing Agreement with Maersk in January 2025 with shipping lines project…
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Ocean Network Express Reports 70% Profit Surge in Latest Quarter
Singapore-based carrier Ocean Network Express (ONE) has posted a remarkable increase in profits for the April-May…
Yang Ming Announces New Leadership and Fleet Expansion Plans
Significant changes to its senior management team alongside plans to expand its fleet for the Taiwanese Shipping…
Tonnage Shortage Hits Ship Recycling Market
The ship recycling market faced significant challenges last week due to a persistent shortage of tonnage, according…
Alphaliner: Charter Market Quiet Amid Summer Lull
According to Alphaliner, the container charter market has slowed over the past two weeks due to the traditional…
FMC Implements New Rule on Cargo Refusals
The U.S. Federal Maritime Commission (FMC) has published its final rule outlining the criteria for lodging…
MSC-HHLA Deal Gains Government Approval, Final Vote in September
MSC-HHLA Deal Gains Approval from Hamburg Government, Final Vote in September, according to soures.
Maersk withdraws bid for DB Schenker
Danish shipping giant Maersk will no longer pursue the acquisition of German logistics giant DB Schenker, according…
MSC Hits 20% Market Share, Nears 6 Mteu Fleet Size
According to sources, MSC reached a milestone reaching 20% Market Share, and capacity at 6 Mteu Fleet Size.
Major congestion in world ports disrupts global shipping
The diversion of vessels around the Cape of Good Hope has created significant disruptions in global shipping,…