US Coast Guard Arrests Captain of MSC Container Ship for Alleged Intoxicatio
The United States Coast Guard recently arrested the captain of an MSC container ship after a pilot reported signs of intoxicati
Maersk s APM Terminals to Invest $1 Billion in Three Key Ports in Andhra Pradesh
APM Terminals, a Maersk company, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Maritime Board to inves
Global Container Freight Rates Continue Decline Amid Trade Uncertainty
As of August 21, the Drewry World Container Index fell 4% to $2,250 per 40-foot container, marking the tenth consecutive week o
HMM, Yang Ming, and ONE Announce Coordinated Restructuring of Asia-Mediterranean, Transpacific, and Middle East Services
Hyundai Merchant Marine (HMM), Yang Ming Marine Transport, and Ocean Network Express (ONE) have announced a coordinated restruc
OOCL Delivers Strong H1 2025 Results with Record Cargo Volumes and Higher Profits
On August 21, Orient Overseas Container Line (OOCL) announced its 2025 interim results. In the first half of the year, the comp
ZIM Reports Sharp Q2 2025 Profit Decline but Raises Full-Year Outlook
Recently, ZIM released its Q2 2025 financial results, showing the impact of lower container freight rates and volumes. Despite
