News

Port of Oakland January container volume continues to rise

The following release was published by Port of Oakland;

The Port of Oakland January container v...

MSC adds new connections to the West Coast of South America through JAXPORT

The following release was published by JAXPORT:

Ocean carrier MSC Mediterranean Shipping Compan...

Red Sea Diversions Having Widespread Impact on UK and EU Businesses

"New research by the British Chamber of Commerce released today uncovered the scale of the impact on...

Delays in Guangzhou after Lixinsha Bridge collapse

"There could be some delays for ships and trucks in Guangzhou, following an accident that saw a barg...

Spain’s Ports See Goods Traffic Rise as Red Sea Crisis Continues

"The volume of goods moving through Spain’s top ports rose by as much as 25% in January as attacks o...

CMA CGM, COSCO SHIPPING, Evergreen and OOCL to extend OCEAN Alliance until 2032

The following release was published by CMA CGM:

  • Leading ocean carriers, founding members of the...

Scrubbers save $13 billion in shipping fuel

"According to Sea-Intelligence, ships’ exhaust gas cleaning systems (EGCS) known as ‘scrubbers’ have...

Today marks the launch of Folk Maritime, Saudi Arabia’s first feeder vessel and short-sea operator

The following release was published by Folk Maritime:

Today marks the launch of Folk Maritime,...

Maersk - OC1 Oceania to Americas direct Sydney coverage returns

The following advisory was published by Maersk:

We are pleased to inform you that we will be ma...

CMA CGM gets green light from EC to acquire Bolloré Logistics

"The European Commission (EC) has approved the proposed acquisition of compatriot transport and logi...

CMA CGM raises its bid for UK logistics firm Wincanton

"French carrier CMA CGM has increased its offer to buy Wincanton to about $766m in cash as the UK lo...

China Calls U.S. Port Crane Cybersecurity Accusations “Entirely Paranoia”

"China responded to the U.S. initiative on port cybersecurity and the focus on Chinese-manufactured...

Los Angeles port head says Chinese cranes pose security risk

"The head of the busiest US maritime gateway said Chinese-made cranes pose a potential risk to natio...

BBBY administrators in $1.25m contract breach claim against Evergeen

"Bed, Bath and Beyond’s administrators have their sights on another shipping line, pursuing Evergree...

Middle East logistics players reportedly eye potential of DB Schenker takeover

"Move aside, DSV? More than 20 bidders have reportedly expressed interest in buying DB Schenker, inc...

CMA CGM: 2023 annual financial results reflect a year of contrasts for the transport and logistics industry

The following release was published by CMA CGM:

  • Gradual deterioration in the maritime shippin...

Somalia Will Defend Itself If Ethiopia Seals ‘Illegal’ Port Deal, President Says

"Somali President Hassan Sheikh Mohamud said his country would “defend itself” if Ethiopia goes ahea...

OOCL Further Optimizes its Fleet Capacity with the Eight Eco-friendly 24,188TEU Ship “OOCL Abu Dhabi”

The following release was published by OOCL:

Orient Overseas Container Line Ltd. (“OOCL”) is de...

ICTSI Contecon Manzanillo registers record rail volumes

"Contecon Manzanillo S.A. de C.V. (CMSA), a subsidiary of International Container Terminal Services,...

FMC issues definitive guidelines on demurrage and detention in the US

"The supply chain disruption of the pandemic brought a slew of complaints and actions in the US by s...

Panama Canal revenues up 14.9% in 2023 despite transit restrictions

"In 2023 the Panama Canal’s revenues increased by 14.9% to $4.97 billion despite handling less cargo...

ZIM Celebrates Naming Ceremonies of Three New LNG Vessels, Advancing Sustainability in the Shipping Industry

The following release was published by ZIM:

ZIM Integrated Shipping Services Ltd. announced tod...

DP World welcomes Europe’s largest quay cranes

"DP World has welcomed Europe’s largest quay cranes at its flagship London Gateway logistics hub, ma...

Unexpected bonus for NOOs as demand for charters increases

"The Red Sea crisis has provided non-operating containership owners (NOOs) with a significant boost...

Red Sea Diversions Not Driving Inflation Higher, Moody’s Says

"Attacks on merchant vessels in the Red Sea have delayed cargo and sent shipping costs higher, but s...

Port of Oakland ranks top US gateway for reefer export cargo

"The Port of Oakland has ranked first among all US ports in international refrigerated export TEU fo...

Houthis vow to escalate attacks

"Despite multiple strikes against Houthi positions in Yemen this week there has been no let-up in sh...

Asian ship owners to face over US$1 billion emissions liabilities for EU-bound voyages

"According to OceanScore, Asian vessel owners operating ships to and from Europe are anticipated to...

CMA CGM box ship braves Red Sea danger, with French naval escort

"Despite vowing to re-route vessels around the Cape of Good Hope, CMA CGM yesterday sent an ultra-la...

Carriers still desperate for tonnage to guarantee emergency schedules

"Ocean carriers are struggling to maintain weekly sailings from Asia to Europe via the Cape of Good...

Biden to replace Chinese-made cranes at all American ports

"President Joe Biden yesterday signed an executive order giving the coast guard greater powers to po...

MARAD Advisory Warns of Potential Cybersecurity Threats from Chinese-Manufactured Port Equipment

"The U.S. Maritime Administration has issued a new advisory to alert industry stakeholders about pot...

Mawani has announced the completion of the development of the Red Sea Gateway Terminal at Jeddah Islamic Port

The following release was published by Mawani:

The completion of development works in Jeddah Is...

BIMCO releases ship financing forms

"The Baltic and International Maritime Council (BIMCO) has released two standard Quiet Enjoyment Let...

Rotation Change USA to SAEC String 1 Service

The following advisory was published by MSC:

As part of our ongoing efforts to improve schedule...

SeaLead Introduces Gulf India Express Service to Enhance India-Gulf Trade Connectivity

The following release was published by SeaLead:

SeaLead is pleased to announce the launch of it...

Hapag-Lloyd's New TRS feeder service

The following release was published by Hapag-Lloyd:

If you're shipping between Southern Türkiye...

The sound economic results of the Port of Barcelona

The following release was published by Port of Barcelona:

The Port of Barcelona closed FY 2023...

MSC approaches market share milestone

"Gianluigi Aponte-founded Mediterranean Shipping Co (MSC) stands on the threshold of another growth...

Red Sea Crisis Takes a Toll on Egypt's Shaky Finances

"The effects of the Red Sea crisis are weighing on the national economy of Egypt, which gets a good...

Praying for rain as record lows loom for Panama Canal and Amazon

"Water levels in the Gatun Lake – the man-made reservoir which dictates the navigability of the Pana...

Evergreen chief warns of post-Red Sea economic turndown

"The Red Sea crisis could last until Q3 24 at most, according to Evergreen chairman Chang Yen-yi tod...

Ocean carriers determined to hang onto containers as supply tightens

"To facilitate the extra ships taken on charter due to the Red Sea crisis, ocean carriers have put a...

GPA’s January rail cargo jumps 27 percent

The following release was published by Georgia Ports Authority:

Cargo moved by rail at the Port...

Port of Rotterdam in full transition in 2023

Less throughput, manifest progress on sustainable port

Last year saw major investment decisions t...

Overall economic weakness impacts HHLA’s 2023 financial year

The following release was published by HHLA:

  • Group revenue declines by 8.3 % to € 1,447 milli...

Urgent expansion underway at Romania’s top port

"One of Europe’s fast growing ports is embarking on an urgent dredging programme to accommodate the...

WEC Lines enhances its reefer container fleet

"WEC Lines has decided to enter the refrigerated container market by adding 45ft reefer boxes to its...

Mexican rail freight ambitions could provide Panama Canal alternative

"Notwithstanding a huge focus on passenger rail, a plan to run trains with freight, connecting Mexic...

China-South Korea ro-ro container traffic sinks to six-year low

"Container volumes carried by South Korean ro-pax ships, or car ferries, sank to a six-year low of 5...

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