News

Typhoon delays liner services from key Asian ports

"Liner services from key Asian ports including Shanghai, Ningbo, and Busan are facing delays after T...

ILWU security guard local authorizes LA-LB strike

"A union representing security guards at the ports of Los Angeles and Long Beach authorized a strike...

Ningbo Ocean Shipping eyes $261m for new ships from IPO in Shanghai

"Ningbo Ocean Shipping (NBOSCO), plans to raise around $261m in an IPO on the Shanghai Stock Exchang...

Carbon-free fuels will push up the price of transporting freight, says DNV

"In a sign of the uncertainty posed by the fuel landscape and the costs, ship classification society...

SEKO Logistics enhances presence in US East Coast

"SEKO Logistics has opened new regional distribution hubs on the United States East Coast to manage...

King Abdulaziz Port in Dammam breaks monthly container volume record

"King Abdulaziz Port in Dammam, Saudi Arabia handled 199,609 TEU in August 2022, marking the highest...

RUSCON and Inteco to develop box shipments between Russia and East Asia

"Logistics operator RUSCON, part of the Delo Group, signed a cooperation agreement with the freight...

HHLA announces new rail connections between Baltic and Bosporus

"Hamburger Hafen und Logistik AG (HHLA), a subsidiary of Metrans, offers new rail connections betwee...

SMM, the world’s largest shipping exhibition, throws open its doors for the first time since 2018

"The doors were thrown open today to welcome thousands of visitors to the world’s largest shipping e...

Georgia Ports Authority orders RTGs for Port of Savannah

"The Georgia Ports Authority (GPA) has ordered 12 Konecranes Rubber-Tyred Gantries (RTGs) for the Po...

FESCO moves record amounts of boxes as Vladivostok suffers from Russia market dip

"Russian intermodal transport operator FESCO achieved record traffic volumes of 144,000 TEU on inter...

CMA CGM close to $10 billion net profit, forecasts more pressure on world trade

"The CMA CGM Group reviewed its financial statements for the second quarter of 2022, showing a solid...

Modern Terminals celebrates 50th anniversary

"Monday 5 September marked 50 years since the container vessel Tokyo Bay made the debut call at the...

US drayage challenges shift – alongside container imports – from coast to coast

"Having grappled with congestion at the port complex of Los Angeles and Long Beach, the problems at...

Shandong Port Shipping enters international trades with Busan shuttle

"Shandong Port Shipping has become the latest Chinese coastal liner operator to venture into interna...

Seafarers rescued from burning boxship off Xiamen

"Nineteen seafarers on a Chinese domestic container ship, Zhong Zhou Chang Hong, were rescued by loc...

'Massive' typhoon disrupts ports and airports in Shanghai, Ningbo and Busan

"Typhoon Hinnamor has forced the ports of Shanghai, Ningbo and Busan to close, further disrupting sh...

Langh Ship inks deal in China for feeder boxship trio

"Finnish owner Langh Ship has placed an order at PaxOcean Engineering Zhoushan for the construction...

Boxship charter market cools

"With global liner CEOs increasingly saying the market is cooling, there’s also been a noticeable pu...

SFL to acquire eco-design box vessels in long-term chartering deal

"SFL Corporation Ltd (SFL) has agreed to acquire two new eco-design feeder container vessels in comb...

Port of Liverpool workers confirm two-week September strike action

"Unite the Union has confirmed that a two-week long strike action is to take place at the Port of Li...

$1.4 billion added to US railroad modernisation programme

"The U.S. Department of Transportation (USDOT) has announced the availability of over $1.4 billion i...

Shanghai Port Northeast Asia empty container centre starts operations

"Shanghai Port Northeast Asia Empty Container Transportation Center has officially commenced operati...

Container spot rates continue their downward march

"Spot rates on most major container trades have fallen significantly on-year, but a few routes bucke...

Delhi looks to boost Russia trade with support for export deals in rupees

"The government of India is eyeing a new policy to incentivise exporters seeking to sell in rupees i...

Chinese ports drilled into closed-loop mode amid new Covid outbreaks

"Having experienced on-off lockdowns since the Covid-19 pandemic started in 2020, major container po...

KHI completes US$150 million Daehan Shipbuilding acquisition

"South Korean private equity firm KH Investment Group (KHI) has completed the takeover of Daehan Shi...

CMA CGM sets aside $1.5bn for new energy transition fund

"French liner CMA CGM is setting aside some of its bumper profits to focus on its energy transition....

Cosmoship signs for up to four boxships in China

"Greek owner Cosmoship has entered into shipbuilding contracts with CSSC-affiliated Wuchang Shipbuil...

Oakland port, OICT differ on need to increase long-dwell container fee

"The Port of Oakland and its largest marine terminal are at odds over whether increasing a surcharge...

California asks shipping lines to avoid shore power during brutal heat wave

"In an ironic twist, California officials are encouraging ocean-going vessels not to plug into shore...

Third container terminal to come up at VOC Port in Thoothukudi

"The VO Chidambaranar port in Thoothukudi will get its third container terminal with a Concession Ag...

Oman sees 28% increase in imports through seaports

"Muscat - Omani seaports recorded an increase in the volume of imported goods during the first five...

US labor dispute: Dock workers say 'no' to port automation

"Labor negotiations for 22,000 dock workers on the West Coast are causing anxiety among US industrie...

HPC submits plans to optimise BILK intermodal terminal

"Hamburg Port Consulting (HPC) has put forward operational development design plans for the Budapest...

Crisis averted after tanker stuck in Suez Canal is refloated

"Operatives have successfully refloated a sunken tanker that caused panic in the Suez Canal." See th...

MV George III becomes first LNG boxship to call Bay Area

"Carrier Pasha Hawaii and the Port of Oakland announced the inaugural call of the MV George III to t...

Three dead following container explosion in Italy

"A container has exploded killing three seafarers and injuring one at the Port of Crotone, Italy. Th...

ZIM signs $1 billion LNG bunkering partnership with Shell

"ZIM Integrated Shipping Services Ltd. (ZIM) has signed a 10-year liquefied natural gas (LNG) agreem...

Singapore officially opens Tuas Port

"Singapore officially opened Tuas Port on Thursday as the Republic moves to consolidate all its cont...

Port of Santos concession will increase to 50 years

"The concession of the Santos Port Authority (SPA), initially planned to be 35 years, should now be...

Liner profits set to hit new high in Q2, but there are choppier waters ahead

"With CMA CGM’s second-quarter results expected tomorrow, the cumulative industry profit will reach...

FMC receives complaint against Maersk

"U Shippers Group Inc., an association of shippers, has filed a complaint with the Federal Maritime...

Jurong Port names new chief executive

"Singapore’s Jurong Port, a wholly-owned subsidiary of JTC Corporation, has appointed Terence Seow a...

Long Beach dredging works one step closer to reality

"On 6 July, Assistant Secretary of the Army at the U.S. Army Corps of Engineers Michael L. Connor is...

COSCO announces 25 per cent revenue growth as China tops market

"COSCO SHIPPING Ports Limited (CSP) has announced interim results for the first half of 2022, boasti...

Port of Singapore to install major 5G network

"The Maritime and Port Authority of Singapore (MPA) and the Infocomm Media Development Authority (IM...

Hapag-Lloyd kickstarts real-time container tracking

"Hapag-Lloyd has started rolling out real-time tracking devices on its dry container fleet to offer...

Felixstowe walkout leads to container dwell spike

"Container dwell times at the Port of Felixstowe soared last week following a major staff walkout in...

Hapag-Lloyd forward-fixes charter of six post-panamax box ships

"Hapag-Lloyd has forward-fixed the charter of six 6,900 teu post-panamax ships for when their five-y...

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