Ocean Network Express (ONE) is set to undergo a series of cost-saving initiatives as its second-quarter returns show a 1% increase in cargo volumes yet still saw a 97% slump in its first-half revenues compared to the previous year. The Singapore-based carrier recorded first-half volumes of 5.91 million TEUs compared to 5.83 million TEUs in […]

The article was written by the Maersk team At Maersk, we currently oversee the operation of more than 600 self-managed logistics facilities worldwide and we are planning to expand our footprint in the coming years. Learn how we work to make our operations more sustainable. In a world where customers are increasingly seeking transparency in […]

On 27 October, 20 containers and undefined “assorted freight” fell into the sea at the Iqaluit port anchorage in Frobisher Bay, southeast Baffin Island, Canada. According to Maritime Bulletin, Sivumut, a general cargo ship, arrived in Iqaluit anchorage on 23 October from Becancour, Canada, and carried out cargo operations. Containers were dropped not from the […]

From January to September 2023, the cargo volume of Chinese ports was 12.540 billion tons, translating to a year-on-year increase of 8.5%, while the container throughput of Chinese ports was 230.7 million TEUs, representing a year-on-year growth of 5.2%. The chart below shows the cargo throughput and container throughput data of the twelve major ports […]

Wan Hai Lines held a joint ship naming ceremony for Wan Hai A05 and Wan Hai A06, accompanied by a charity donation, at HD Hyundai Heavy Industries Ulsan Shipyard. These are the fourth and fifth vessels in the series of 13,200 TEU container ships built by the shipyard in Ulsan, South Korea. The newbuilding series […]

Singapore-headquartered container line Ocean Network Express (ONE) has announced the launch of a new Egypt-Lebanon-Turkey (ELT) service. “This new service will offer customers enhanced coverage in the European region and offers a direct connection from Damietta to Beirut and Iskenderun,” said ONE in a statement. The new ELT service is expected to provide a reliable […]

From January until September, overall cargo traffic at the Port of Helsinki reached 10.4 million tonnes. Additionally, 4.7 million tonnes (-13.4%) were imported, while 5.4 million tonnes (-8.8%) were exported from the Finnish port. The amount of unitised cargo traffic was 8.7 million tons with container traffic falling by 12.3% in terms of tonnes, while […]

Mediterranean Shipping Company (MSC) is leading the way both in ship demolitions and ship purchases. Cash buyers said that MSC has scrapped 15 vessels so far this year, with the last two torched ships being the 1988-built 2,073 TEU MSC Denisse and the 1989-built 2,918 TEU MSC Levina. Global Marketing Systems noted that the MSC […]

Knowing where in your operations the carbon is produced is the first major step in the green transition, for a diverse company like DP World which has port and inland operations as well as the shipping transition to contend with. Speaking exclusively to Container News, DP World’s senior vice president of investor relations Redwan Ahmed put into […]