News

Ever Alot receives ABS classification

"Ever Alot, the largest container ship in the world, has received classification from the American B...

Zhonggu Logistics books $230m profit from container market in H1

"The Chinese container service provider Zhonggu Logistics posted a net profit of RMB1.54bn ($230m) i...

Chinese shipyard newbuilding orders drop 41% in H1

"According to China Association of the National Shipbuilding Industry (CANSI_, Chinese yards' shipb...

Yantian port gears up for the peak season

"Yantian International Container Terminal (YICT) is expanding daily gate-in quotas for export contai...

ZIM continues to invest in Sodyo

"ZIM announced the closing of an approximately US$5 million Series B financing round in Sodyo, a nex...

FMC sets up enforcement bureau 'with teeth' to police new shipping act

"The US Federal Maritime Commission (FMC) has set up a Bureau of Enforcement, Investigations and Com...

Pockets of demand will drive peak on Asia Pacific tradelanes, believes Maersk

"There are “positive signs” of a peak season on many Asia Pacific tradelanes, but the long-term carg...

Cainiao set to open smart logistics hubs in Asia and Europe

"Cainiao, the logistics arm of Chinese e-commerce group Alibaba, is to open more logistics centres i...

CMA CGM venture wins bid for state-run terminal at Jawaharlal Nehru Port

"CMA Terminals, a subsidiary of the French containerline CMA CGM, together with J M Baxi Ports &...

Container debris as Japanese boxship capsizes

"Officials at the Japanese port of Tokuyama Shimomatsu Port have spent the past 24 hours fishing con...

Pasha Takes Delivery of LNG-Powered Containership for Hawaii Trade

"Hawaii-based Pasha Hawaii has taken delivery of the MV George III, the first LNG-powered ship on th...

Port of Felixstowe launches new Online Data Portal

"Hutchison Ports Port of Felixstowe has launched OCEAN (Online Container Enquiry Analytics Notificat...

ONE records booming profits as freight rates remain firm

"Ocean Network Express (ONE) has logged a record first quarter of the financial year riding the wave...

Port of Oakland volume slump continues

"The Port of Oakland’s total loaded container volume in June was down 1.5 per cent compared to June...

Dock strikes and shippers eyeing rate renegotiation add pressure on carriers

"The threat of dock strikes at Felixstowe and Liverpool next month, together with the potential resu...

'Space, the ultimate frontier of logistics', says CMA, while Maersk rejects discounts

"Maersk has ruled out ocean freight rate discounts along the ‘patriotic’ lines established in recent...

Dredging for Shenzhen port’s western section

"Capital dredging will be carried out to widen the waterways in the western section of Shenzhen port...

CMA CGM to levy surcharges for overweight India-US shipments

"French container line CMA CGM has implemented a hefty surcharge on overweight containerised shipmen...

GEODIS records 34% increase in revenue in first half of 2022

"Growth of 34% in revenues had GEODIS, in the first half of the year, at US$6,85 million (€6,748 mil...

Chittagong customs detains 150 containers at port yards fearing forgery

"After five containers of alcohol detected at the port of Chittagong this week, imported on mis-decl...

Wan Hai Lines completes takeover of all twelve 2,038 TEU eco-friendly boxships

"Taiwanese container shipping company Wan Hai Lines has taken delivery of the twelfth and final 2,03...

Carriers cut Hong Kong calls as transshipment cargo falls amid tough COVID-19 rules

"Carriers are dropping calls at Hong Kong as tough cross-border COVID-19 restrictions curtail the tr...

Port of Santos terminal auctions delayed until 2023

"Most of bidding processes initially scheduled for this year at the Brazilian Port of Santos will no...

Port of Felixstowe staff to strike over pay

"Staff at the Port of Felixstowe have voted in favour of strike action in a dispute over pay. Union...

DP World Southampton completes TOS upgrade

"DP World has completed the implementation of the CARGOES TOS+ Terminal Operating System (TOS) at DP...

New York, Savannah bearing brunt of US East Coast congestion

"Several major container ports on the US East Coast are experiencing elevated levels of congestion,...

ICTSI takes over Indonesian port in $47 million deal

"International Container Terminal Services Inc. (ICTSI) will acquire a majority stake in an Indonesi...

Chinese port container volumes up in early July

"Export container volume increased 7.6% while the domestic volume growth rate remained the same leve...

Schenker still the star performer, but parent DB is finally back in profit

"DB Schenker reported today that volumes in the first half had shrunk by 5.4% in air, 3.4% in sea an...

Port of Incheon loses Russian and African links as MSC, PIL pull services

"MSC has suspended its KAMC service, which connected South Korea’s Incheon port with Russia’s Kamcha...

MABUX: Expectations for the downward trend to continue in global bunker market

"The 380 HSFO index went down by another US$24.98 from US$638.88 /mt. The VLSFO index, in turn, fell...

Northwest Seaport Alliance expands intermodal capacity with new BNSF lease

"The Northwest Seaport Alliance has approved the lease of 16 acres to BNSF Railway Company (BNSF). T...

US FMC moving quickly in implementing Ocean Shipping Reform Act

"This week’s meeting of the US Federal Maritime Commission provided the public with an accounting of...

MSC UK announces new rail service connecting Scotland with global trade routes

"MSC UK has announced a new rail service connecting Mossend in Scotland via Hams Hall, to Felixstowe...

DP World crosses 20 million box mark in 2022 second quarter

"DP World Limited handled 20.2 million TEU across its global portfolio of container terminals in the...

Another blow for Hong Kong, as cross-border trucking comes under pressure again

"Hong Kong faces another reduction in cross-border trucking with mainland China, while port operator...

Pandemic comes full circle with lockdown at the port city of Wuhan

"The two-and-a-half year-long global pandemic has come full circle with news today of a lockdown at...

Africa Express Line orders large reefers

"Africa Express Line (AEL), the British subsidiary of Marseilles-based Compagnie Fruitière, has orde...

Konecranes profits stung by supply chain holdups, Russia-Ukraine conflict

"Konecranes has booked a €6 million ($6.1 million) net profit for the first half of 2022 – an 87 per...

Indian shippers face new cost hike with heavyweight container surcharges

"Major container lines have revived the prospect of hefty surcharges on heavy containers shipped fro...

SM Line CEO: Better to invest excess funds in HMM than to earn measly interest

"SM Line CEO, Park Kee-hoon said that investing excess funds from company profits in HMM is generati...

MSC presses ahead with glycerine-based biofuel trials

"Cyprus-based MSC Shipmanagement a subsidiary of Mediterranean Shipping Company (MSC) has signed a f...

Shippers, truckers plead for FMC per diem relief amid NY-NJ empty box backlog

"Shippers and truckers are asking the Federal Maritime Commission (FMC) to block ocean carriers from...

Gulftainer ‘on course for major growth’

"Gulftainer reported Wednesday its bulk cargo volumes in the United States are up 57% year over year...

Dates set for public hearing into CP/KCS Merger Review

"The federal surface transportation body has announced that it will hold a three-day public hearing...

Port St. Petersburg traffic plummets as MSC, CMA CGM only carriers to call

"Global fleet capacity deployed to the Russian port of St. Petersburg has plummeted since the beginn...

Labour talks disruption leads to record-shattering box volumes at Savannah

"Fiscal Year 2022 was another record-breaker for the Georgia Ports Authority (GPA), with container v...

Port of Barcelona breaks cargo traffic record

"The Port of Barcelona has broken its record for container throughput volume during January – June t...

Napier Port’s new wharf officially opens

"Napier Port New Zealand has officially declared its new 350-metre wharf open for business.An openin...

Construction of CMA CGM’s second 13,000 TEU dual-fuel boxship begins in China

"Chinese shipbuilder Hudong Zhonghua has started the construction of a 13,000 TEU dual-fuel containe...

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