News

Hannibal’s new intra-Italian service launched in April

The following release was published by Contship Italia:

The new railway service connecting the...

ONE Upgrades IBESCO Service (IBC)

The following release was published by ONE:

ONE Upgrades IBESCO Service (IBC)

Ocean Network...

Port Rotation Change on Santana Service

The following release was published by MSC:

As part of our continuous efforts to streamline our...

Freight slump does not stop US inland ports’ advance

"Over the past two years US inland ports have become a popular valve to unclog congested ports, but...

Box lines look to slash their bloated equipment pools

"Super slow-steaming is taking some of the pressure off ocean carriers as they absorb newbuild ULCVs...

International Chamber of Shipping Urges Governments to Set Course for Net Zero Future

"The International Chamber of Shipping (ICS), representing the global shipping industry, is urging g...

Tanzania’s Dar es Salaam port seeks global investor

"The government of Tanzania has announced plans to start a process of acquiring a competent global i...

ICTSI Manila partners with Autosweep to improve gate process for trucks

The following release was published by ICTSI:

International Container Terminal Services, Inc.’...

RCL sees container freight rate almost halved in 12 months

"Thai-listed Regional Container Lines (RCL) has seen average freight rates nearly halved over the la...

Carriers look for trade mix to stay in the black

"Ocean carriers with the greatest exposure to the embattled east – west trades recorded the steepest...

Korea may challenge China’s dominance in ship to shore cranes at ports

"Chinese ship to shore crane builder ZPMC, which has sold cranes to most of the world’s ports, may s...

Global container production to slump to 14-year low

"Stagnating trade and a ballooning surplus of shipping containers, following easing of pandemic era...

PSA Acquires Stake in Sotrans Group, A Leading Logistics Provider, Forming a Strategic Partnership With ITL Corporation

The following release was published by PSA International:

PSA International Pte Ltd (“PSA”) has...

Troubled Containership Towed Back to New Zealand for More Repairs

"The containership Shiling returned to Wellington, New Zealand on May 23, after a tow to bring the v...

Port of Virginia welcomes newest first-in vessel call

"The number of first-in vessel services calling The Port of Virginia® is growing and last week the p...

GPA Board elects new officers

The following release was published by Georgia Ports Authority:

The Georgia Ports Authority boa...

Hapag-Lloyd tops margins chart as operating losses return

"Hapag-Lloyd reported the highest operating margins among the major container lines in Q1 2023, a qu...

Bulk carrier grounds along the Suez Canal

"A 56,708 dwt supramax bulk carrier grounded early this morning along the Suez Canal with ships then...

Guangzhou port to invest $284m in Nansha

"Guangzhou Port announced last week that it will invest nearly $284m to develop a shipping and port...

French firm orders five ‘zero carbon’ boxships in South Korea

"New-look containerships have been ordered at Hyundai Mipo Dockyard." See the original story at: *Sp...

Seaspan ammonia-powered boxship design unveiled

"Working with Seaspan, the world’s largest boxship lessor, the Mærsk Mc-Kinney Møller Center for Zer...

Snapl opens port warehouse in New Jersey

"US supply chain service provider Snapl has announced the opening of a new warehouse in Gloucester C...

Basra Gateway reaches 4M TEU milestone

The following release was published by ICTSI:

Basra Gateway Terminal (BGT), International Conta...

Jeddah Islamic Port Posts 25% Spike in April Container Throughput

The following release was published by Mawani:

Jeddah Islamic Port has notched a 25.07% hike in...

ZIM Reports Financial Results for the First Quarter of 2023

The following release was published by ZIM:

  • **Reported Revenues of $1.4 Billion, Net Loss of...

Dp World Completes Aed 954 Million Vancouver Port Expansion

The following release was published by DP World:

**Anniversary celebrates terminal’s increased...

PSA and Kazakhstan Railways Join Forces to Enhance Trade Through The Trans-Caspian International Transport Route

The following release was published by PSA International:

PSA International Pte Ltd (“PSA”), a...

Wilson Sons breaks productivity record at Rio Grande Container Terminal

"Wilson Sons, a leader in port and maritime logistics in Brazil, achieved expressive operating resul...

Number of containers lost at sea falls to record low

"A total of 661 containers were lost overboard in 2022, out of 250m transported, representing the lo...

Middle East ports perform strongly in latest CPPI

"Middle East ports again ranked highly in the in the third edition of the global Container Port Perf...

Disrupted supply chain now the norm

"Europe’s ports need to be flexible to meet today’s headwinds of strikes, congestion, and other disr...

Container data, futures and forward markets

"Data platforms offering insights into the container market are opening up forward markets as contai...

MSC takes delivery of another sea behemoth, expanding the elite club of world’s largest ships

"Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Tr...

Dalian cuts steel for MSC’s LNG-powered 16,000 TEU boxship

"Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has kicked...

Further draft restrictions for drought-hit Panama Canal

"Draft restrictions are being put in place this week along the Panama Canal as drought once again pl...

Yang Ming joins the container ordering splurge

"Yang Ming has signed contracts for five 15,000 teu LNG dual-fuel ships at Hyundai Heavy Industries...

New services calling Costa Rica provide opportunities for neighboring countries

The following release was published by APM Terminals:

  • Starting in May, Costa Rica will have a...

ONE opens new office in Ireland

The following release was published by ONE:

Ocean Network Express (ONE) is excited to notify yo...

ONE, Wan Hai pay $2.65 M in civil penalties

"Prominent container shipping lines Ocean Network Express Ptd. Ltd. (ONE) and Wan Hai Lines, Ltd. an...

VCFI ended 2022 down 11.3 per cent

"The Valencia Containerised Freight Index (VCFI), the indicator that measures the trend and evolutio...

Port of Melbourne container volumes drop by 3.9 per cent in April 2023

"The Port of Melbourne has reported a total container throughput of 246,542 TEU in April 2023." See...

Port of LA Projects Build Back in Volumes Saying Labor Deal is Close

"The Port of Los Angeles provided a tempered but positive outlook for volumes at the port for the re...

Service change - TP8

The following release was published by Maersk:

In a continuous effort to provide our customers...

MSC’s megaship newbuilds will be soaked up by slow-steaming

"Last week’s announcement by the 2M Alliance partners that they intend to inject nine additional ves...

MSC to Explore Ammonia Fuel for Newbuilds

"As MSC Mediterranean Shipping Company’s fleet capacity swells past the 5 million TEU mark for the f...

AIM service to add Hazira call

The following release was published by ONE:

Ocean Network Express (ONE) is pleased to announce...

AD Ports Group and Karachi Port Trust (KPT) Sign a Strategic MoU to Develop Advanced Port and Terminal Infrastructure in Karachi Port

The following release was published by AD Ports Group:

A senior delegation from United Arab Emi...

Wan Hai Lines to add new call at Colombo in America East Coast service

The following release was published by Wan Hai Lines:

Wan Hai Lines AA7 service added a direct...

Wan Hai Lines Holds Ship Naming Ceremony for New Vessels accompanied by a Charity Donation

The following release was published by Wan Hai Lines:

"Wan Hai Lines Ltd. held a ship naming ce...

Samsung Heavy seeks Chinese help to churn out massive orderbook

"Samsung Heavy Industries, a Korean yard with an enormous backlog of vessels to build, is contractin...

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