Antonis Karamalegkos

2 weeks ago | container-news.com | Antonis Karamalegkos

ZIM Integrated Shipping Services Ltd. announced a strong start to 2025, reporting impressive financial and operational results for the first quarter. The company posted revenues of US$2.01 billion, net income of US$296 million, adjusted EBITDA of US$779 million, and adjusted EBIT of US$463 million. Driven by solid demand and strategic network optimization, ZIM achieved a 12% year-over-year increase in carried volumes, transporting 944,000 TEUs in the first three months of the year.

2 weeks ago | container-news.com | Antonis Karamalegkos

Port of Antwerp-Bruges has announced the launch of Volta 1, Europe’s first fully electric tugboat, which was developed in cooperation with Damen and follows previous world firsts such as the Hydrotug (hydrogen-driven) and the Methatug (methanol-driven). The Volta 1 is a Reversed Stern Drive (RSD) tugboat designed on a double bow principle and equipped with a patented Twin Fin skeg for optimal stability and manoeuvrability. Therefore, it can be used flexibly as a front and back tugboat.

2 weeks ago | container-news.com | Antonis Karamalegkos

IRIS Lines, the shipping division of the Royal Cargo Group, has announced the launch of three new services in collaboration with Trans-Asia Shipping Lines. These services are scheduled to commence on 28 May and aim to enhance connectivity and flexibility across key Philippine trade routes.

2 weeks ago | container-news.com | Antonis Karamalegkos

French shipping company CMA CGM has achieved improved financial results in the first quarter of 2025. In particular, CMA CGM reported US$13.26 billion in revenue, translating to a 12.1% increase over the same period last year. Additionally, the ocean carrier’s EBITDA neared US$3.1 billion, representing a 29.1% growth, with an EBITDA margin at 23.3%. Last but not least, CMA CGM boosted its Q1 net income from US$785 million in 2024 to US$1.12 billion this year.

2 weeks ago | container-news.com | Antonis Karamalegkos

Finnish port equipment manufacturer Konecranes has appointed Marko Tulokas as its new President and CEO as of June 1. He will succeed current President and CEO Anders Svensson, who will leave the company on July 19. From the beginning of June until his departure, Anders Svensson will act as an advisor to ensure a smooth transition. Marko Tulokas is currently Business Area President, Industrial Equipment, and a member of Konecranes Leadership Team.