News

Brazil adds more ports to privatisation plan

"The Brazilian government has announced it was adding several ports to its privatization plan with i...

Milestone reached in CMA Terminals Khalifa Port construction

"AD Ports Group is reporting progress in the build-out of Khalifa Port Container Terminal’s latest p...

CULines and Antong plan joint shipping and logistics investments

"Two fast expanding Chinese logistics service providers, China United Lines (CULines) and Antong Hol...

CMA CGM orders seven biogas boxships

"CMA CGM Group announced it has ordered seven biogas-powered containerships to serve the French West...

Allseas hits back at vessel arrest claims as it renegotiates charter rates

"Shippers in the UK have become concerned by suggestions that the Allseas Pioneer, operated by Allse...

Ship-buyers look for discounts as newbuild orderbook is squeezed hard

"The arrival of a bearish containership charter market could lead to delivery dates for newbuild ves...

Port of New York and New Jersey Becomes America's Busiest Box Port

"Last month, volumes at the Port of Los Angeles fell below both Port of Long Beach and the Port of N...

New Savannah tariff prods ocean carriers to pick up empties

"The Georgia Ports Authority (GPA) is looking to incentivize ocean carriers to sweep up more empty c...

Trans-Pacific demand to ease through Q4 2022: carriers

"Ocean carriers expect eastbound trans-Pacific demand to slacken — if not fall — through the rest of...

Australian investment firm considers £1 billion bid for UK’s PD Ports

"Australian investment company Macquarie is considering to make a £1 billion ($1.13 billion) bid to...

Container spot rates plunge 58% since January

"Container spot rates have fallen by 10% for the fourth week running as increasingly looks like the...

Capacity fears as APMT shelves Maasvlakte II expansion due to rising costs

"Plans to expand the Maasvlakte II terminal in Rotterdam have been put on hold indefinitely, The Loa...

Ningbo closing in on Singapore as world’s second largest container port

"Singapore is now facing the possibility of being overtaken by China’s Ningbo-Zhoushan port as the w...

Intra-Asia rates out of India crash amid tightening market conditions

"While container freight rates across trades out of India have cooled over the past few months, new...

South America’s largest box terminal enhances RTG crane fleet and expands reefer capacity

"The manager of the Paranaguá container terminal, Terminal de Contêineres de Paranaguá (TCP), has pu...

MSC fires back in ongoing spat with Pennsylvania home decor firm

"Mediterranean Shipping Co (MSC), the world’s largest containerline, shows no sign of giving in on a...

Shanghai to build a new 11.6m teu terminal at Yangshan

"Shanghai International Port Group (SIPG) has detailed plans of a giant 11.6m teu new terminal it wi...

India–US trade surges as sourcing slowly shifts away from China

"Rampant North American consumer goods demand and an acceleration in sourcing shifts away from China...

Maersk backs Clean Shipping Act

"Container shipping major Maersk has voiced support for the Clean Shipping Act, the first stand-alon...

Yang Ming adds last 11,000 TEU newbuild to fleet

"Yang Ming Marine Transport Corp. (Yang Ming) has welcome its newest 11,000 TEU containership YM Tri...

Timor Ports welcomes PIL boxships in operational trials

"Timor Port carried out operational trials of the future deepwater port of Tibar Bay by welcoming it...

U-turn as Matson suspends premium transpac service amid falling demand

"Honolulu-based US domestic and transpacific premium carrier Matson has closed its seasonal China-Ca...

Wan Hai says it may be open to reducing shipping contract rates, 'short-term'

"Wan Hai has become the second liner operator to acknowledge requests from shippers to reduce contra...

CMA CGM tests the waters with biofuel

"On 29 July 2022, the 4,294 TEU CMA CGM Montoir container vessel was bunkered via ship-to-ship trans...

Freight fall corners operators with costly charters

"Crumbling container freight rates have taken their toll on the newer and smaller players in the lin...

UK on alert amid upcoming rail strike actions

"While disputes and strike actions are underway at the United Kingdom's major container ports, Liver...

Port of Gothenburg launches new project for local intermediate container storage

"The Gothenburg Port Authority and APM Terminals Gothenburg introduced the ”Port of Gothenburg RAILP...

COSCO puts Hamburg terminal investment on hold

"China’s COSCO Shipping Ports has said it will delay completing the acquisition of a stake in a cont...

Turkey’s Akkon Lines takes on its largest ship

"Akkon Lines from Turkey has taken on its largest ship to date. Alphaliner is reporting the carrier...

FMC investigating nearly 50 charge complaints against carriers, NVOs

"The US Federal Maritime Commission (FMC) has started investigations into approximately half of the...

China ports volumes trend downwards as lockdowns make impact

"Chinese ports have witnessed a dip in volumes over the past few weeks as more cities have imposed m...

Ningbo-Zhoushan port forecasts 14% drop in cargo throughout in 2022

"China’s Ningbo-Zhoushan port expects to achieve a cargo volume of 1.047 billion in 2022, a reductio...

Charter market at a crossroads, as shipping rate collapse makes owners 'nervous'

"The collapse of ocean freight rates from historical highs is, inevitably, feeding into the containe...

DP World wins again and legal costs rack up for Djibouti and China Merchants

"The republic of Djibouti is running up a significant legal bill; DP World has won another court rul...

HMM and CEVA Logistics ink multi-year cooperation deal

"South Korean ocean carrier HMM and French logistics firm CEVA Logistics have signed an agreement wh...

Cargo vessel capsizes and sinks at Turkish port

"General cargo vessel Sea Eagle, which was loaded with containers, lost stability and tumbled over d...

Global dockers unions support Liverpool striking port workers

"The workers' strike action at the Port of Liverpool began yesterday (19 September) and is expected...

Captain of stranded ship in Kaohsiung in failed escape attempt

"The captain of a general cargo ship which had been stranded for half a year in Kaohsiung, Taiwan, a...

SeaPort Manatee receives US$12 million grant to upgrade container yard facilities

"SeaPort Manatee, one of Florida's largest deepwater seaports, has been awarded a federal grant of n...

NWSA sees container volume drop in August

"The Northwest Seaport Alliance (NWSA), a marine cargo operating partnership of the ports of Seattle...

Bangladeshi freight forwarders hike charges by 57% owing to fuel price hike

"Owing to the recent record price hike of fuel oil in the local market, Bangladeshi freight forwarde...

DP World starts construction of new warehouse at London Gateway

"DP World in the United Kingdom has announced that work has begun on a new 11,000m² green warehouse...

Gulftainer hit with $21.5m fine in the US

"Gulftainer, a port management company from the United Arab Emirates, has been told by a court in th...

Congestion propping up trans-Atlantic spot rates: analysts

"Container ship capacity deployed on the trans-Atlantic trade is outstripping demand, but persistent...

Tentative contract for LA-LB security guards averts disruption threat

"The union representing security guards at the ports of Los Angeles and Long Beach reached a tentati...

FMC emergency order unnecessary despite ‘severe’ congestion: container lines

"Container lines are among those who say an emergency data sharing order from the US Federal Maritim...

Suez Canal to hike transit tolls in 2023

"Tolls for vessels using the Suez Canal are set to rise by 15% next year with the exception of dry c...

Crowley chartering four LNG-fuelled newbuilds from Eastern Pacific Shipping

"Eastern Pacific Shipping (EPS) has ordered four LNG-powered containerships for long term charter to...

CSSC wraps up delivery of CMA CGM’s 15,000 TEU newbuilds

"After three years and six months, China State Shipbuilding Corporation (CSSC) has completed and del...

Boxships delay Kyushu calls ahead of Typhoon Nanmadol

"Container ships appear to have delayed their arrival in major ports in Japan's Kyushu island as yet...

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