Carriers soak up 300,000 teu of newbuilds – but there's more to come
"A record 41 containerships, with a capacity of some 300,000 teu, were delivered last month, includi...
New Report Sheds Light on Rapid Expansion of Arctic Shipping
"A new 10-year report by the Arctic Council’s Working Group on the Protection of the Arctic Marine E...
Sri Lanka Ports Authority books $280 million equipment boost
"The Sri Lanka Ports Authority (SLPA) is set to receive 12 brand new Ship-to-Shore (STS) gantry cran...
Convergence of crises in Red Sea and Panama to hit supply chains
"There is a risk of congestion post Chinese New Year as crises in the Red Sea and Panama converge, b...
Maersk parts ways with towage unit Svitzer
"Maersk chief executive Vincent Clerc, in the job for the past 13 months, looks to be continuing the...
A.P. Moller - Maersk delivered solid 2023 financial results in a difficult environment
The following advisory was published by Maersk:
Highlights
- 2023 financial guidance achie...
HMM $4.9 billion takeover by Harim collapses
"The $4.9 billion takeover of Korean shipping line HMM by Harim Group has failed after the two sides...
Row over terminal project at port of New Orleans heats up
"The port of New Orleans has described a consultancy report, which claims its proposed Louisiana Int...
Charter market gets a boost as carriers look to plug holes in networks
"Enforced schedule changes, with ships diverted via the Cape of Good Hope due to Houthi attacks in t...
Valenciaport closes the year half a point above the Spanish Port System with a decrease in traffic of 2.81%
The following advisory was published by Valenciaport:
Valenciaport closes the year half a point...
Maersk switches ME2 service from PSA to group terminal at Nhava Sheva
"Maersk has implemented a flurry of port call changes as its ships take longer voyages around southe...
Vietnam's Ports Benefit From Geopolitics and Trade Wars
"Vietnam’s main ports have shot up the world rankings in terms of volumes of container-based traffic...
Europe to give shipping priority access to greener fuels
"The European Commission published on Tuesday its proposal for a 2040 climate target laying out the...
Chinese ships get cheaper insurance to navigate Red Sea
"Chinese-owned merchant ships are getting hefty discounts on their insurance when sailing through th...
Container throughput decreases at Tokyo Port
"In October 2023, the Port of Tokyo witnessed a decrease of 10.3% in foreign-trade container handlin...
Shippers adjust to Cape diversions, now they want freight rates to settle
"Asia-North Europe shippers have adapted their supply chains to the longer transit times around Afri...
Shipping Industry Issues Revised Guidance for Navigating Southern Red Sea
"A group of prominent shipping associations have released revised security guidance for navigating t...
ONE launches world’s first dual-temperature refrigerated container
"Ocean Network Express (ONE) has launched the world’s first dual-temperature refrigerated container...
Panama port container volumes decline for second year running
"The volume of containers handled by Panama ports fell 2.4% to 8.32 million teu in 2023 from 8.52 mi...
ESL unveils enhanced GALEX service and launches two new services
"Effective from 14 February, ESL’s flagship GALEX service will provide direct connections between ke...
Hapag-Lloyd / Get ready for Citrus Loader
The following advisory was published by Hapag-Lloyd:
Your citrus exports from South Africa jus...
Maersk to add new service ME8 for further connection between the Middle East with Europe
The following advisory was published by Maersk:
We are pleased to announce that we are launchin...
CMA CGM welcomes first eco-friendly 5,5K TEU boxship from Qingdao Beihai
"China Shipbuilding Industry Trading Co., a subsidiary of China State Shipbuilding Corporation (CSSC...
ILWU and Portland Terminal Settle Long Dispute Which Bankrupted the Union
"The International Longshore and Warehouse Union and International Container Terminal Services settl...
Stranded Russia-bound box lines ask shippers to stump up more cash
"Two opportunistic liner operators that started Russia-bound services are now in financial trouble....
Spot rates ease as Red Sea diversions become routine
"Container spot rates from Asia to Europe have been falling again this week, while rates on the tran...
CMA CGM halts Red Sea route
"French container shipping giant CMA CGM SA suspended the passage of its vessels through the Red Sea...
Red Sea Attacks Force Firms To Test New Land Routes Via UAE, Saudi
"An Israeli software startup and one of the world’s biggest shipping lines are among companies that...
Yang Ming to Upgrade the PAS Service Route
The following advisory was published by Yang Ming:
In March, Yang Ming will launch the upgraded...
Ulsan port completes first ship-to-ship methanol bunkering for a large container ship
"The world’s first ship-to-ship methanol bunkering for a very large containership, the Maersk Ane, h...
Seacor Holdings Inc. Announces Sale of Caribbean Liner Business Seacor Island Lines to King Ocean Services
The following advisory was published by SEACOR Holdings:
SEACOR Holdings Inc. (“SEACOR”) announ...
Yang Ming to Launch JKX Service and Revamp JTS Service
The following advisory was published by Yang Ming:
In early March, Yang Ming Marine Transport C...
Evergreen spends $532m to boost its holdings in box terminals
"Evergreen general manager Wu Kuang-hui said this week that container shipping would continue to fee...
Can ONE, Yang Ming and HMM compete without a new alliance partner?
"Jilted THE Alliance (THEA) partners ONE, Yang Ming and HMM are ’keeping schtum’ on their future fol...
DP World reaches deal with Australian dockworkers
"Container terminal operator DP World, which operates four terminals across the country, has reached...
Evergreen and X-Press Feeders to create European feeder network powered by green methanol
"Taiwanese global liner Evergreen has signed a memorandum of agreement with X-Press Feeders, the wor...
PANYNJ handles near 8 million TEU in 2023
"The Port Authority of New York and New Jersey (PANYNJ) handled 7.8 million TEU in 2023, a 4.4 per c...
Adani net profit jumps 65 per cent
"Adani Ports and Special Economic Zone Ltd (APSEZ) has announced its results for the quarter and nin...
US military says Houthi missiles failed to hit container ship Koi
"US military say that two missiles fired by Houthi rebels at the container ship Koi on 1 February fa...
Concerns over Cape re-routes and West African piracy
"Industry concerns have been raised that pirates in West Africa, who have seen shipping trade shifti...
Hapag-Lloyd - New port coverage for ECX service
The following advisory was published by Hapag-Lloyd:
If you're shipping with our Europe East C...
CMA CGM to enhance its SAFRAN service connecting North Europe with South America East Coast
The following advisory was published by CMA CGM:
CMA CGM is pleased to announce its customers a...
Westwood Shipping Lines to rebrand as Swire Shipping
The following advisory was published by Swire Shipping:
Swire Shipping announced today that Wes...
Deadlocked labor negotiations confront three Canadian container ports
"Potential waterfront labor stoppages at Vancouver, Prince Rupert and Montreal are once more on the...
LNG-powered CMA CGM Belem launched in China
"The ship named CMA CGM Belem was launched four days ahead of schedule on January 29, 2024, at the C...
EU ETS: 'the polluter pays', but the price 'must be more transparent'
"Shipping lines now paying EU ETS surcharges, under ’the polluter pays’ principle, will pass these c...
ONE sinks to a $248m operating loss in Q4, but rates rise boosts outlook
"Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the fina...
Red Sea disruptions expected through Q2
"Drewry has predicted that the damage caused by the Red Sea crisis will be less severe in the long t...
Menace on the Red Sea – MSC rewires entire global network
"The impact of the Houthi attacks on shipping in the Red Sea have sent shockwaves throughout global...
Port Saint John Celebrates Completion of West Side Modernization Project
The following advisory was published by Saint John, NB:
Saint John, NB- The $205M Port Saint Jo...