Even after last week’s US led air strikes, aimed at limiting the Houthi’s ability to threaten commercial shipping through the Bab al-Mandeb Straits, missiles are finding their targets, disrupting trade and risking the re-ignition of the...
As geopolitical and economic factors persist, including tensions between the US and China and relatively high interest rates, there are many reasons for caution.
Following the dissolution of the 2M alliance, of Maersk and MSC, it was expected a realignment of the top 10 container lines could take place, the Gemini Cooperation could prove to be start of this shift, but the move could drive further merger...
The new Gemini Cooperation alliance of Maersk and Hapag-Lloyd is seen as positive news by shippers and analysts as the two lines set out their ambitions around schedule reliability and green credentials.
South China shipbuilder CSSC Huangpu Wenchong Shipbuilding says German owner Elbdeich Reederei ordered two 1,250 teu boxships plus options for another pair.
German container carrier Hapag-Lloyd is set to leave THE Alliance in January 2025 and join a new alliance with Maersk Line, called the Gemini Cooperation to be launched in February next year.
Japanese firms Kawasaki Heavy Industries, Toyo Engineering Corporation, JGC Corporation and Chiyoda Corporation have signed a joint venture agreement to enhance the front-end engineering design (FEED) execution for a liquefied hydrogen supply...