Ship carrying 2,500 containers sinks after hitting mine in Strait of Hormuz
A vessel carrying more than 2,500 containers is reported to have caught fire and sunk after hitting a naval mine in the 24-mile Strait of Hormuz. A..
Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26
Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced its financial results..
CoscoSL to send Eur-FE alliance loops via Suez
Following CMA CGM’s earlier return of some of its North Europe-Far East services to the Suez route, the CoscoSL-operated AEU1 and AEU3 services, both part of the..
Container market moves at two speeds
The container shipping market enters the final quarter of the year amid sharp contrasts, with freight rates to the US rising, Asia-Europe rates declining and congestion at..
Greece ranks second in Europe in marble production and exports
Greece ranks second in Europe in terms of marble production and the marketing of marble products. More than 80% of the country’s marble output is exported, with..
Piraeus container traffic soars 18% in August
Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global market closely monitors..
Hapag-Lloyd, FIMI to revise terms for ZIM takeover
The proposed Hapag-Lloyd/FIMI takeover of Israel’s ZIM has received a 30-day extension from the relevant authorities, ending 27 September, to allow for terms of the transaction to..
PCT S.A.: New customs license for cargo arriving by rail
A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by the Hellenic Customs..
Carrier’s financial performance overview 1H26
From the carriers posting financial results for the first half of calendar 2026, there were clearly mixed fortunes. Revenue developments ranged from a contraction of 13% for..
Iran and Oman make progress on new traffic regime
Iran and Oman are making progress in their talks on a new traffic regime for the Strait of Hormuz. According to reports, the two countries have reached..


