News

BIMCO reports quickest growth in 15 years for containership fleet

"The Baltic and International Maritime Council (BIMCO) has revealed that the capacity of the contain...

NWSA Terminal 5 gets refrigerated container upgrades

"The Northwest Seaport Alliance (NWSA) has announced that its Terminal 5 (T5) refrigerated container...

Ship diversions hit main Asian hubs with $131 billion trade loss

"Russell Group, a data and analytics company, has reported that $131 billion in trade is at risk of...

Firefighting on Maersk Frankfurt continues into sixth day

"The Indian Coast Guard (ICG) continues to battle to extinguish the fire on board the Maersk-charter...

MSC breaks ground on Paris multimodal terminal

"Mediterranean Shipping Company (MSC)’ s logistics arm, Medlog, has broken ground on a new multimoda...

Maersk Frankfurt owner declares General Average, as fire-fighting continues

"Shippers with cargo on the Maersk Frankfurt, which has suffered fires on board for six days, have b...

Hapag-Lloyd increases rates from Latin America East East Coast to North America, Central America and Caribbean

"German ocean carrier Hapag-Lloyd has announced a new General Rate Increase (GRI) from Latin America...

The Philippines ‘racing against time’ to avert nation’s worst oil spill

"The race is on just outside the Philippine capital to avert the worst oil spill in the country’s hi...

Maersk settles case with US Department of Labor

"As part of a settlement with the US Department of Labor, Maersk Line Limited – Maersk’s American su...

Capacity across big three shipbuilding nations leaps 20% in a year

"Across China, shipyards are expanding and churning out ships on a scale not seen since 2008. The sh...

US FMC loses Evergreen D&D case but reaffirms cargo refusal rules

"A small but significant win for liner shipping companies came in the US Court of Appeals which over...

Port of Valencia throughput improves in the Red Sea

"The Port Authority of Valencia (PAV) has revealed that the volume of containers transported between...

Russian container market soars 12 per cent YoY

"IJSC Global Ports Investments has released its operational results for Q2 and H1 2024. In Q2 2024,...

Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue

"Bangladesh cargo flows have resumed after the government restored limited internet connections for...

'Last chance' for US importers to stock up before possible east coast port strike

"The lead time for Chinese exports to the US east coast is still just over two months – highlighting...

HMM boosts capacity on PSX service amid surging exports to USWC

"HMM has increased the capacity on its Pacific Southwest Express (PSX) transpacific service since vo...

Fire-struck Maersk ship moved away from Indian coastline

"Five days after a fire broke out on its maiden voyage, the blaze on the Maersk Frankfurt off Goa wa...

CMA CGM tipped to develop new Hamburg terminal with Eurogate

"Long a closed shop for overseas operators, the port of Hamburg is being tipped to welcome a third f...

Euroseas fixes charter for 2007-built feeder boxship

"Nasdaq-listed Greek boxship owner Euroseas has entered a time charter contract for one of its feede...

Vizhinjam gets a head start in its quest to be a major transhipment hub

"Vizhinjam Port, touted as India’s “hub counter” to Colombo in Sri Lanka, is gaining interest from m...

Asyad buys Skybridge Freight Solutions

"Oman’s logistics giant Asyad Group has acquired Skybridge Freight Solutions (SFS), a significant in...

Crew member dies as Maersk Frankfurt catches fire on maiden voyage

"An electrical fire at the weekend on the maiden voyage of Maersk Frankfurt, in the Arabian Sea some...

More danger to box ships as Houthis expand Red Sea attack arena

"Concerns are mounting that the arena of operations for Houthi strikes against commercial shipping i...

Ripples from IT outage could spread through supply chains 'for weeks'

"The disruption and delays to air cargo services due to the global IT outage has highlighted supply...

MSC continues to expand fleet with vintage vessels as profits top scrap value

"In its trawl for tonnage, MSC has been buying vintage containerships ripe for demolition as, thanks...

Container spot rate rises moderate – peak in sight?

"In the surest sign yet that soaring container spot freight rates may have reached something resembl...

Port of Oakland reaches pre-pandemic container volumes

"The Port of Oakland June full container volume continues to rise, indicating a return to pre-pandem...

SC Ports nears 220,000 TEU in June

"South Carolina Ports (SC Ports) closed fiscal year 2024 strong, with a 7 per cent increase in conta...

BIC, SMDG partner to develop global shipping standards

"The Bureau International des Containers (BIC) and the Ship Message Design Group (SMDG) have signed...

Port of Rotterdam’s cargo traffic remains unchanged in H1 2024

"Cargo traffic at the Port of Rotterdam remained unchanged in the first half of 2024 compared to the...

Port of Antwerp-Bruges witnesses growth in H1 2024

"The overall throughput of the Port of Antwerp-Bruges was 143.2 million tonnes in the first six mont...

NWSA hits 1.5 million TEU in Q2 2024

"Full foreign exports from the Northwest Seaport Alliance (NWSA) has increased 12.6 per cent over Ju...

Global IT outage disrupts operations at European box terminals

"A global IT outage, caused by a software update from American cybersecurity technology company Crow...

Houthis fire projectiles at CMA CGM-operated ship

"The Houthis have attacked a container vessel operated by French shipping company CMA CGM. The Marit...

DP World and Evyapport merge Izmit terminals

"Turkish competition regulators have given the green light for DP World’s Yarimca terminal to merge...

Kaohsiung the latest victim of Asia's container congestion contagion

"The container congestion contagion effect appears to be manifesting itself in Taiwan with a recent...

Port of Oakland June container volume continues solid growth

The following advisory was published by Port of Oakland:

The Port of Oakland June full containe...

Evergreen chairman: ILA dispute will further disrupt market

"Evergreen Marine Corporation (EMC) chairman Chang Yen-yi has cautioned that if US East Coast port w...

ONE snatches methanol crown, while Maersk does a u-turn on LNG

"Ocean Network Express (ONE) has taken over the methanol mantle with an order for 10 boxships – whil...

Good year for box lines, says Yang Ming chief, but keep an eye on the market

"Yang Ming chairman Cheng Cheng-mount said liner operators would not resume Red Sea transits until t...

Global Supply Chains Disrupted by Ongoing Red Sea Crisis, Warns Maersk

"The fallout from the Red Sea crisis continues to cascade globally, creating significant challenges...

NWSA TEU Volumes Up 26.3% in June

The following advisory was published by NWSA:

Auto Units Up 8.6% YTD

Voyage consistency, i...

Port of LA container volumes up 14% in H1

"The Port of Los Angeles handled 4.73 million teu of containers in the first half of 2024 and expect...

CMA CGM and Hapag-Lloyd splits up Indamex service, with COSCO and OOCL to join new CMA CGM India-USEC service

"CMA CGM and Hapag-Lloyd will terminate their jointly operated India-US East Coast Indamex and Indam...

WEC Lines invests in new container units

"Dutch shipping company WEC Lines has announced the addition of 200 brand new 20ft High-Cube Pallet-...

Almost no large box ships available for charter, so feeders are at a premium

"Almost all large containerships have been chartered until 2025, causing liner and feeder operators...

Carriers getting choosy on what they carry – opting for lighter loads

"Container lines are becoming increasingly selective about the commodities they want to carry, targe...

Intra-Asia services suffering as smaller box ships are diverted to long-haul trades

"The cascading of smaller box ships to more-lucrative long-haul lanes has created a shortage of vess...

German dock workers mull 'final offer' from port operators, after 'difficult' talks

"The Central Assocation of German Seaport Operators (ZDS) has submitted a final offer to port worker...

Strongest June on Record at Port of Long Beach

The following advisory was published by Port of Long Beach:

The Port of Long Beach achieved its...

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