Geopolitical Instability in the Red Sea: Impact on Top-5 Ocean Carriers
The geopolitical instability triggered by the Gaza conflict and Houthi attacks in the Red Sea has significantly disrupted global shipping, with some companies navigating the challenges more effectively than others. This crisis has underscored the strategic vulnerability of key maritime chokepoints, particularly the Suez Canal, which facilitates around 30% of global container trade. The prolonged […]
Expansion works begin at APM Terminals Maasvlakte II
APM Terminals Maasvlakte II has officially commenced its expansion, marking a significant milestone in the development of one of the world’s most advanced box terminals. In collaboration with the Port of Rotterdam Authority and the CareGo consortium, this expansion will double the terminal’s capacity, making it the largest, most efficient, and most sustainable automated APM […]
The bunker market is broken – and alternative fuels won’t fix it
The maritime industry is in the middle of an energy transition. Regulations are tightening, alternative fuels are gaining traction, and shipowners are scrambling to make sense of the future. But in the rush to decarbonise, one major issue is often overlooked – the bunker market itself is fundamentally broken. Even with alternative fuels, the way […]
Pertamina International Shipping boss arrested over alleged oil import scheme
Pertamina International Shipping chief executive Yoki Firnandi has been arrested in connection with an alleged $12bn corruption scandal involving the procurement of crude oil and oil products. Indonesia’s Attorney-General’s Office named Yoki as one of seven suspects, four of whom were officials of Pertamina subsidiaries. The suspects were accused of manipulating the domestic refinery oil […]
ICTSI’s Mindanao Container Terminal shifts to solar power
Mindanao Container Terminal (MCT), the business unit of International Container Terminal Services Inc. (ICTSI) at the Port of Cagayan de Oro in the Philippines, has transitioned to operating entirely on solar power during daylight hours. Since 14 February, MCT has been sourcing solar energy under a retail supply contract with PrimeRES Energy Corporation, in line […]
CMA CGM completes third collective ship buy in four months
CMA CGM has completed another en bloc ship purchase, as the French carrier continues to expand its fleet. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have an account? Register If you liked this post, please consider donating5€10€20€50€ The post CMA CGM completes […]
Maersk revises PSS from China and Hong Kong to Africa
Danish ocean carrier Maersk is revising the peak season surcharge (PSS) for shipments from China and Hong Kong to Kenya and the port of Dar Es Salaam in Tanzania. The following surcharges will be effective from 10 March 2025. Origin Destination Currency ALL 20 / ALL 40 45HDRY ALL 20 REEF / ALL 40 REEF […]
Hapag-Lloyd increases rates from Indian Sub & Middle East to USEC
Hapag-Lloyd has announced a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from the Indian Subcontinent and Middle East to the United States East Coast. The new rates will apply to cargo transported in 20’ and 40’ dry, reefer and special containers, including high cube equipment. The German box line has announced that […]
US ramps up efforts to rival China’s shipbuilding dominance
The Trump administration’s proposed fees on Chinese-built ships and mandates requiring a portion of US products to be moved on American vessels aim to counter China’s growing influence in the maritime, logistics, and shipbuilding industries. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t […]
Gebrüder Weiss expands logistics and transport services in Poland
Gebrüder Weiss has announced the strengthening and expansion of its transport and logistics service offerings in Poland. Since early 2025, the international logistics company has been offering national and international partial and full truckload (LTL/FTL) transport, along with additional warehousing and logistics solutions such as order picking. Customers can track their shipments in real time […]