ICTSI inks USD750 million loan facility with Metrobank
"ICTSI and Metrobank close a USD750 million six-year loan term facility to fund ICTSI’s expansion."...
MSC in for Zodiac resales
"Prized Korean newbuild slots are changing hands for big prices. Resales are happening as owners see...
Carrier fuel surcharges to soar for shippers in 2024 amid trade disruptions
"The next year will witness large increases in the scale of bunker adjustment factors (BAFs) applied...
Stronger Than Expected Volumes Prompt Increase in Forecast for U.S. Imports
"Container import volumes at the main U.S. ports containers ports continued to grow into the fall le...
HHLA shareholder deadline on MSC and City of Hamburg takeover bid
"Efforts by MSC and the City of Hamburg to take control of HHLA seem to be inching ahead, with the o...
German rail strike another headache for supply chain managers
"A sudden 24-hour strike on Germany’s railways has brought further headaches for Europe’s supply cha...
Carriers pushing rate hikes ahead of new year service suspensions
"Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane nex...
Yemen’s Houthis Warn They Will Target All Ships Headed To Israel
"Yemen’s Houthi movement said on Saturday they would target all ships heading to Israel, regardless...
APMT launches ‘Clean Truck Express Lane’ at Pier 400
"APM Terminals (APMT) has announced the launch of its ‘Clean Truck Express’ lane at its Pier 400 Los...
Port of Long Beach announces events for Pier Wind project
"The Port of Long Beach will be hosting two events to provide information and gather input for the u...
MSC is Now Directly Connecting Asia, Pakistan, and US West Coast
The following release was published by MSC:
As part of our continuous efforts to satisfy market...
CMA CGM welcomes 13,000 TEU LNG-powered CMA CGM Bahia
"Chinese shipbuilder Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahi...
HMM steps up interest in car carriers as container market tanks
"HMM has joined its peers in looking at the burgeoning car carrier segment to ensure steady revenue...
Strike across Flemish waterways disrupts Antwerp port operations
"Major strikes across Flemish waterways will lead to supply chain disruption, and has hit operations...
More liner services avoiding canals to head for the Cape
"Confidence in the Panama Canal to process container vessel transits appears to have completely bomb...
Jeddah Islamic Port added to ONE’s WIN service
"The Saudi Ports Authority (MAWANI) has announced the addition of the WIN cargo service by Ocean Net...
More mega container ships increase fire fears
"A major increase in the number of large container ships over the next two years will inevitably lea...
Port Everglades Boosts its Operational Efficiency with New Ship-to-Shore Container Gantry Cranes
The following release was published by Port Everglades:
This week, Port Everglades received thr...
October marks busiest month of 2023 at the Port of New York and New Jersey
"In October, the Port of New York and New Jersey recorded its highest total monthly volume of 2023,...
$200 per container cost gap for zero emissions shipping
"A new 34-page report released today at the margins of COP28 details the annualised total costs of z...
CMA CGM increases rates from Asia to North Europe, Med and North Africa
"French box line CMA CGM has decided to increase its Freight All Kinds (FAK) rates from Asia to Nort...
New Transpacific Green Shipping Corridor Launched
"The Maritime and Port Authority of Singapore (MPA), Port of Long Beach, and Port of Los Angeles hav...
Maersk to deploy methanol-capable vessel on Asia-Europe route
"A.P. Moller – Maersk (Maersk) has announced its plan to launch the first of its 18 large methanol-e...
Brazil officially calls off the privatisation of the Port of Santos
"The on/off privatisation plans for the Port of Santos have been officially removed by the Brazilian...
PSA Sines expands container terminal capacity
"A pair of Super Post-Panamax ship-to-shore (STS) cranes have arrived at PSA Sines in Portugal this...
Suez Canal Northbound Traffic Resumes After ONE Containership Hits Bridge
"The Suez Canal Authority is reporting that it was able to recover after an Ocean Network Express (O...
MSC Continues Acquisition Spree Making Offer for Freight Forwarder Clasquin
"MSC Mediterranean Shipping Company is continuing to move aggressively to expand its operations thro...
RSGT to operate Bangladesh’s newly built terminal for the next 22 years
"Saudi Arabia's port and terminal operator Red Sea Gateway Terminal International (RSGT) has secured...
Seaspan enters new sector, ordering world’s largest car carriers with Hyundai Glovis
"Seaspan, the world’s largest boxship lessor, has marked its entry into the car carrier segment in p...
The Northwest Seaport Alliance names Jeff Bellerud as Chief Operating Officer
The following release was published by NWSA:
The Northwest Seaport Alliance is glad to welcome...
Jin Jiang Shipping IPO fails to hit target, but shares rise
"Shanghai Jin Jiang Shipping (JJ Shipping), the liner subsidiary of Shanghai International Port Grou...
Carriers roll out new ancillary charges – 'we're going to need every dollar'
"With container spot rates below ocean carrier unit operating costs on some routes, shipping lines a...
Yang Ming diverts Asia-USEC service from congested Panama Canal
"Yang Ming has joined its liner peers in diverting ships from the congested Panama Canal to the Cape...
Plans for Nuclear-Powered 24,000 TEU Containership Unveiled in China
"China State Shipbuilding Corporation (CSSC) has unveiled plans for what could potentially become th...
APMT, DP World establish Zero Emission Port Alliance at COP28
"APM Terminals (APMT) and DP World have announced the establishment of the Zero Emission Port Allian...
GPA invests in rail connections, terminal capacity
The following release was published by Georgia Ports Authority:
The Georgia Ports Authority Boa...
Call for governments to protect shipping in the Red Sea
"As attacks on shipping in the Red Sea and the Strait of Hormuz intensify a lack of economically via...
Chennai ports shut as Cyclone Michaung approaches Indian coast
"All ports in India’s Chennai region have closed operations until further notice on Monday (4 Decemb...
Carriers set for major blanking programme
"Hong Kong consultancy Linerlytica suggests that the carriers are struggling to achieve the General...
Niklas Wilmking tipped for DB Schenker new contract logistics chief
"DB Schenker is set to lose its head of contract logistics Hessel Verhage (above), who has decided t...
OOCL box ship in Red Sea hit by rocket fired from a drone
"Risks to container vessels passing through the Red Sea region have been further heightened after re...
Carriers likely to follow MSC and hike ancillary charges on Indian exports
"Facing profitability setbacks after the recent steep freight rate downturns, container lines appear...
Port of Santos gains new Konecranes equipment
"Konecranes has delivered seven forklifts and two gantry cranes to Eldorado Brazil’s new cellulose t...
Yara International launches world’s first clean ammonia-powered containership
"Yara Clean Ammonia, North Sea Container Line, and Yara International have collaborated to build the...
MSC and Ellerman sign slot agreement for Atlantic routes
The following release was published by MSC:
MSC and Ellerman City Liners have signed an agreeme...
OOCL announces new China Indonesia Philippines Services (CIP1 & CIP2)
The following release was published by OOCL:
We are pleased to announce that OOCL will be stren...
OOCL announces new Japan Philippines Service (KTX4)
The following release was published by OOCL:
We are pleased to announce that OOCL will be expan...
Western Australian Government Unveils Plan for Relocation of Fremantle Port
"Following years of intensive studies and consultations, the Western Australian (WA) government has...
Interest in sea-air services on the rise, with new tech on the way to help
"While Maersk may have succeeded, integrated sea-air services from shipping behemoths MSC and CMA CG...
Maersk tops schedule reliability rankings, MSC and CMA CGM follow
"In October, the global schedule reliability of ocean carriers remained steady at 64.4%, showing no...