News

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...

Adani to build port in Vietnam

"India’s Adani Group has announced plans to construct a new port at the central Vietnamese city of D...

ILA President warns of October strike at Atlantic and Gulf Coast Ports

"ILA President, Harold Daggett, has announced that threat of 1 October strike at Atlantic and Gulf C...

Houthi attacks target MSC boxships and tankers

"Houthi rebels have allegedly assaulted another of MSC vessels. On 14 July, the 1999-built 5,652 TEU...

Pause in Transpacific rate surge

"Transpacific freight rates have corrected after rising for more than three months, as capacity addi...

Xeneta Sees Ocean Container Spot Rates Peaking

"The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as imp...

Geopolitical events push shipping earnings to 15 year high

"Accelerating economic growth, improved demand, and the impact of Red Sea diversions have combined t...

CMA CGM adds Great Lakes Express (GLX) extra loader service to PNW

"CMA CGM has restarted the Great Lakes Express (GLX) that will serve as an extra loader service conn...

HMM to launch new Far East Latin America Express (FLX) service

The following advisory was published by HMM:

HMM announced that it will launch a new service co...

Port of Montreal’s Major Rail Optimization Project Successfully Nailed

The following advisory was published by Montreal Port Authority (MPA):

The Montreal Port Author...

OOCL achieves growth in both revenue and volumes

"Orient Overseas Container Line (OOCL) has announced increased revenues and volumes in the second qu...

LA/Long Beach Rail Union Reaches Labor Agreement Far in Advance

"In an era of contentious labor relations in the ports sector, news of an amicable and timely contra...

CMA CGM reportedly behind order for 12 new 15,500 teu box ships

"CMA CGM is reportedly behind the order for a dozen 15,500 teu newbuildings announced today by Korea...

FMC halts Gemini alliance and demands more info from Maersk and Hapag

"Maersk and Hapag-Lloyd’s Gemini Cooperation, a capacity-sharing alliance between the second and fif...

Cosco Shipping Ports Abu Dhabi terminal surpasses 5 million teu mark

"Chinese operated CSP Abu Dhabi Terminal opened in December 2018 has seen new services this year boo...

Kerala transhipment hub welcomes first Maersk vessel

"The Indian ports scene has entered a new, more sophisticated era with the call of the 300 m long, 8...

Chinese Line Launches New Arctic Container Service to Arkhangelsk

"China NewNew Shipping, the operator of the "Ice Silk Road" Arctic route from Shanghai to St. Peters...

Shortage of reefer boxes plays havoc with India's export schedules

"Indian cool chain shippers could miss some export order commitments to western buyers for the upcom...

Port hopes rise after call for delay to 'unfair' US tariff on Chinese cranes

"US ports, facing millions of dollars in extra costs due to the 1 August 25% tariff on Chinese-made...

MSC settles $696m purchase of PCTC provider Gram Car Carriers

"MSC, via its SAS Shipping Agencies Services subsidiary, yesterday announced the settlement of its a...

Valencia Containerised Freight Index drops in June

"The Valencia Containerised Freight Index (VCFI) for the month of June has decreased slightly." See...

First 21,000 TEU containership arrives at La Spezia Container Terminal

"The Contship Group’s Gateway terminal has announced it is all set to receive the 21,000 TEU Ultra L...

ONE’s New Service Launch - Asia Latin America 4 Express (ALX4)

The following advisory was published by ONE:

Ocean Network Express (ONE) is delighted to announ...

CMA CGM MASAI MARA, CMA CGM LEBU, CMA CGM KRIBI recovery plan due to Weather delays around the South African coast

The following advisory was published by Maersk:

Please be advised that The CMA CGM MASAI MARA h...

CMA CGM vessel loses 44 containers off South Africa

The following release was published by CMA CGM:

On Tuesday 9th July 2024, while proceeding on h...

Hapag-Lloyd eyes bigger profits as freight rates continue to rise

"On the back of rocketing spot freight rates, Hapag-Lloyd upped its 2024 financial guidance after re...

Relaunch of MSC's Mustang service delayed by congestion at Singapore

"Congestion around Singapore port has delayed the relaunch of MSC’s standalone Mustang transpacific...

The age of alliance domination of east-west box trades may be over

"The market share of independent container shipping services on the major east-west deepsea trades h...

Port of Los Angeles Completes $73 Million On-Dock Rail Expansion Project on Pier 400

The following release was published by Port of Los Angeles:

*Project Will Improve Cargo Flow, R...

PSA Group and Singapore Mitigate Impact of Global Supply Chain Disruptions

The following release was published by PSA Singapore:

PSA Singapore (PSA), a major global trans...

Attacks on Red Sea shipping bankrupt Israeli port

"The economic effects of the Houthi strikes against Red Sea shipping became evident with the Port of...

X-Press Feeders Starts Europe’s First Feeder Network Powered by Green Methanol, Ushering in New Era of Sustainable Shipping

The following release was published by X-Press Feeders:

New Green Network Starts with Rotterdam...

Concern over rates peak and Hamas ceasefire 'spooks' container futures

"Reports of renewed discussions for a ceasefire between Israel and Hamas have startled shippers and...

Previous