HAMBURG : The responsible antitrust authorities have approved Hapag-Lloyd’s acquisition of a minority stakenin the Spinelli Group, after signing took place in September 2022. With closing of thetransaction,
GENEVA : In response to the demand for a regular reliable service ex Far East / Europe to Cape Town, MSC will introduce a dedicated feeder ex Coega
EGYPT : Revenues of Suez Canal are expected to reach $8.70 billion in 2023, Chairman of the Suez Canal Authority (SCA), Osama Rabie, said. On Monday, cargo ship
CALIFORNIA : Flexport, a supply chain startup with an $8 billion valuation, told employees on Wednesday it is laying off 20% of staff as a result of the global downturn
DENMARK : Sea-Intelligence noted in its latest report that when annualised against 2019, volume growth on the North America West Coast (NAWC) stagnated during the first two months
GENEVA : MSC has announced the addition of a new India – West Med shipping service from mid-December, which is expected to open a new trade corridor between
Changes to the organisation and the executive leadership of A.P. Moller – Maersk COPENHAGEN : A.P. Moller – Maersk (Maersk) has announced a new organisational structure and a new
MUMBAI : The largest container alliance in the world 2M Alliance, comprising Maersk and MSC, decided to make changes to its Transatlantic network. The alterations in 2M’s North
FRANCE : Sales and purchases of container ships halved to 950,300 TEUs in 2022 as freight levels began normalising, according to Alphaliner‘s latest report released on 11 January.
HAMBURG : Container xChange released the Container LogTech predictions report for 2023 which highlights important global trends that the shipping and supply chain industry will witness in 2023.