News

Severe fuel price hike leads unofficial truck strike in Bangladesh

"A record hike in fuel oil prices in Bangladesh on Friday (5 August) night has led truckers to enfor...

Evergreen chairman Chang: Natural attrition will balance out orderbook

"Evergreen Marine Corporation chairman Chang Yen-i says phasing out of older vessels will assuage co...

Dalian Shipbuilding to build CMA CGM’s first methanol-fuelled ships

"Clarksons Research has revealed which yard France’s CMA CGM has chosen to build its first methanol-...

Maersk expands end-to-end reefer service with Charleston warehouse

"Maersk is opening a cold-storage import and export facility near the Port of Charleston to increase...

US second-half imports to slow vs. year ago: retailers

"US retailers forecast imports will decline 1.5 percent year over year in the second half of 2022 an...

Wan Hai, Evergreen latest carriers to report record first-half profits

"Two of Taiwan’s largest carriers — Wan Hai and Evergreen Marine — have become the latest lines to r...

Shockwaves looming over supply chain as Felixstowe port strike goes ahead

"British trade union Unite has announced that staff at the Port of Felixstowe will begin an eight-da...

Kalmar receives mobile equipment order from Yilport

"Kalmar, part of Cargotec, has concluded a significant order from YILPORT Holding Inc. for a total o...

Paranaguá Container Terminal prepares to berth larger vessels

"Terminal de Contêineres de Paranaguá (TCP) has announced the increase of the operational draft of i...

Hapag-Lloyd to roll out real-time container tracking

"Hapag-Lloyd has announced the installation of live trackers on all its containers at the end of thi...

SM Line ups capacity on North American west coast service

"Gwangyang, South Korea’s second-busiest container port, is anticipating greater export flows to the...

Despite a blip, North Europe container spot rates are still heading south

"The North Europe component of the Freightos Baltic Index (FBX) unexpectedly jumped 9% today. This p...

Maersk buys Martin Bencher Group and launches global project logistics unit

"AP Møller-Maersk is to acquire Danish company Martin Bencher Group and launch a new product, Maersk...

Evergreen invests $333m in cranes as Kaohsiung terminal 7 nears completion

"Evergreen has spent over $333m on 19 remote-controlled bridge cranes and 56 gantry cranes for the o...

ONE and partners confirm US$3.64 billion Atlas Corp takeover offer

"The Singaporean-headquartered container carrier Ocean Network Express (ONE) is a member of the Pose...

FMC chairman says lines should compensate shippers, truckers forced to store containers because of port congestion

"After a meeting last week at the Port of New York and New Jersey, US Federal Maritime Commission (F...

Taiwan military escalation sparks congestion fears

"The deadlock between the US and China over Taiwan is threatening trade disruption as China’s milita...

Port of Nansha kicks off automated container terminal ops

"The Port of Nansha, China has begun operations of its fully automated terminal, the first of tis ki...

ICTSI hits $1 billion revenue in strong H1 performance

"International Container Terminal Services Inc. (ICTSI) has posted revenue from its global port oper...

Shipping lines seem unfazed by Chinese 'war games' in Taiwan Strait

"Liner operators seem sanguine about China conducting its largest-ever military drills in the Taiwan...

Traffic restrictions cause congestion concerns for carriers at Nhava Sheva

"Maersk Line has reported a slowdown in truck flows in/out of India’s Nhava Sheva Port/JNPT as a res...

CargoWise and ZIM team up to improve customer experience

"The Israeli container carrier ZIM partnered with WiseTech Global to improve customer experience thr...

MABUX expects downward changes to continue in global bunker market

"“Over the Week 31, MABUX global bunker indices continued firm downward trend,” said Anastasia Pervo...

Singapore suspends Glencore’s bunkering license for two months

"The Singapore authorities are suspending Glencore Singapore’s bunkering licence for two months over...

Nigeria’s $1.6 billion Lekki Port nears completion

"The managing authority at Lekki Deep Sea Port has announced that the new deep sea port is 95.56 per...

Six fatalities across Maersk Group in first half of 2022

"In its latest earnings report, AP Møller-Mærsk revealed that six fatalities occurred across its bus...

Shipbuilder CSBC looks to box shipping boom to end its order drought

"Taiwanese shipbuilder CSBC Corp has high hopes that the booming container shipping market will end...

Maersk confident of contract integrity, as it builds $19bn M&A war-chest

"Maersk CEO Soren Skou told investors today he remained “confident” about the shipping line’s contra...

DP WORLD SOUTHAMPTON CONNECTS UK AND CENTRAL AMERICA WITH MAJOR NEW REEFER SERVICE

The following released was published by *DP World Southampton: *

DP World today announces that Ma...

Maersk CEO: We will need 5-15% more capacity to meet IMO 2023

"Meeting the IMO 2023 regulations will have quite a significant impact on the supply of vessels in t...

Panama Canal welcomes transit of largest vessel by cargo capacity

"CMA CGM’s Zephyr containership has become the vessel with the largest cargo capacity to ever transi...

FMC seeks ocean carrier input on export, import tonnage reporting

"The Federal Maritime Commission (FMC) is asking the container shipping industry to weigh in on the...

Prices for new containers softening, but congestion keeps supply tight

"The price of new ocean containers is falling, and while carriers had sufficient equipment available...

Inland congestion cuts LA-LB intermodal rail service to record low

"The share of imports moving by rail from Los Angeles-Long Beach plummeted to an all-time low in the...

Potential strike action at Port of Felixstowe

The following release was published by A.P. Moller - Maersk:

A.P. Moller – Maersk is aware of p...

Danaos keeps cashing in closing H1 2022 at near $500 million

"Danaos Corporation (Danaos) has reported strong unaudited results for the second quarter and first...

New mobile harbour cranes to uplift cargo capacity at Port of Newcastle

"Port of Newcastle has taken delivery of two Liebherr mobile harbour cranes at its Mayfield 4 berth...

Panama port container volumes fall 1.7% in H1

"On the Atlantic side, volumes at Manzanillo International Terminal -Panama (MIT) were down 3.7% to...

Hutchison and AD Ports form strategic partnership

"AD Ports Group and and Hutchison Ports have signed an MoU to collaborate across Asia, Africa and th...

Shanghai port container volumes hit a new high in July

"Quickly recovering from the most recent wave of Covid-19 pandemic and city-wide lockdown, the port...

Canadian Pacific and Kansas City Southern merger plan hits more opposition

"The headwinds for the acquisition of Kansas City Southern (KCS) by Canadian Pacific Rail (CP) have...

Port of Oakland files suit against AB5 protestors

"The City of Oakland and the Port of Oakland filed a lawsuit against the owner-operator truckers tha...

Morale at sea on the rise post-covid

"The latest Seafarers Happiness Index report, published yesterday by The Mission to Seafarers, revea...

Bicycle components cause container fire on CNC Line ship

"A ship operated by CMA CGM’s intra-Asia arm CNC Line had to make an emergency stop at Taiwan’s Taic...

Chinese container shipping newcomer orders maiden newbuilding

"Xiamen Dingxiangshun Shipping, a recently established Chinese coastal container shipping company, h...

First Russian ship arrives in Bangladesh since start of Ukraine war

"A Russian ship reached Bangladesh’s Mongla seaport carrying equipment for Ruppur nuclear power plan...

NY-NJ port to impose dwell fee targeting empty containers

"The Port Authority of New York and New Jersey (PANYNJ) next month will begin hitting ocean carriers...

MSC raises the bar with undocking of 24,116 TEU mega boxship

"Ultra-large containership with a capacity of 24,116 TEUs built for Mediterranean Shipping Company (...

APMT Itapoá announces new warehouse in $144 million spending drive

"APM Terminals (APMT) has announced a new warehouse and a last-mile transport service at Porto Itapo...

Yilport breaks all-time box handling records

"Yilport Holding’s container terminals handled 3.4 million TEU in the first half of 2022, a massive...

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