Thanks to a spike in spot freight rates caused by the Red Sea crisis, Star Line posted net income of $373m on revenues of $1.93bn (compared with a loss of $213m a year earlier), adjusted earnings before interest, tax, depreciation and amortisation of

Global retail giant Walmart has begun offering container shipping services to customers in the e-commerce sector. Currently, the service is only available to partners who produce goods in China and can ship full containers to selected ports, includin

In the first half of the year, HMM achieved operating income of 4.993 billion won (about 3.67 billion US dollars), an increase of 18.6%. Net profit was 1,146 billion won ($840 million), up 88 percent from a year earlier.

Maersk has released a North American market update focusing on the labor negotiations between the United States Maritime Union (USMX) and the International Longshoremen's Association (ILA). Maersk warned that a complete shutdown would severely impact

Ranked by equity throughput, the World's top 7 container terminal operators in 2023 are PSA International, China Merchants Port, COSCO Shipping Port, APMT (Maersk Terminal), DP World (Dubai World), Hutchison Ports and MSC (Mediterranean Shipping).

Data released by Alphaliner shows that as of August 13, 2024, there were 7,046 container ships in operation worldwide, an increase of 31 vessels from a month earlier (July 12, 2024, the same below), with a total global capacity of 30,426,338TEU and a

PSA International (PSA), the global terminal operator, recently announced that it will acquire an 85% stake in Loconi International, Poland's top multimodal transport operator, further consolidating its strategic presence in the European market.

This period, China's export container transportation market continued to adjust the market, the lack of further growth of transportation demand momentum, most routes lower freight rates, dragging down the composite index. European routes, transport d

In the early morning of August 11, local time, the container ship MSC CAPETOWN III was docked at the JCT terminal of Colombo Port when an explosion occurred below the deck of the cargo ship, followed by a fire.

The ship company involved, Yangming Shipping, revealed in a "Description of the fire accident on the YM Mobility Ship" that the preliminary investigation revealed that a dangerous goods container on board the ship exploded, and according to the owner