News

CMA CGM to reshuffle its service linking Turkey, Adriatic, Malta & Libya

The following release was published by CMA CGM:

As there are always BETTER WAYS to address a ma...

Hanwha Ocean Denies Reports it is Reducing Ops and Ending Boxship Orders

"South Korea’s third largest shipbuilder, Hanwha Ocean, was quick to deny reports in the media that...

Fire on Containership Claims the Lives of Two Crew Members at Port Houston

"A fire on board a containership at Port Houston claimed the lives of two crew members and third sus...

U.S. Container Imports Show Modest Increase to Close Out 2023

"U.S. container import volume was up nearly 10% in December compared to the same month last year and...

Drewry: One-Third of Global Container Shipping Capacity Impacted by Red Sea Crisis

"The international container shipping faces a critical couple of weeks as ongoing attacks and rerout...

The Red Sea crisis – an opportunity for shipping stock investors?

"The attacks on shipping in the Red Sea have sharply driven up rates as vessels divert by the Cape o...

OOCL Introduces the First Eco-friendly 24,188 TEU Vessel in 2024, “OOCL Valencia”

The following release was published by OOCL:

Orient Overseas Container Line Ltd. (“OOCL”) is pl...

Somalia strikes back at Ethiopia’s bid for Red Sea access

"Landlocked Ethiopia’s bid to gain access to the Red Sea via the port of Berbera has created a predi...

Disruption and congestion set to return to box shipping

"As the climate disruption in Panama and the spread of the Middle East conflict restricts the flow o...

PSA Mumbai first Indian container terminal using 100% renewable energy

"PSA Mumbai has become India’s first container terminal powered by 100% renewable energy with the co...

HMM sale will be cautiously proceeded in view of taxpayers

"South Korea’s Minister of Oceans and Fisheries Kang Do-hyung told journalists at a New Year briefin...

CMA CGM Says No Changes to Red Sea Plans

"French shipping firm CMA CGM said on Friday it had not changed plans announced last month to gradua...

Red Sea crisis - beware of political drift over diversions

"As more and more ships divert from the Red Sea over the threat from Houthi rebels opinion writer Mi...

China's Cosco suspends Israel-bound ocean services

"Cosco has reportedly joined its subsidiary, OOCL, in suspending ocean shipments to Israel." See the...

Houthi Leader: Ships Should Renounce Israel or Risk Attack

"On Sunday, Yemen's Houthi rebel faction gave shipping interests a new option for safe passage throu...

New West India service to call Savannah

The following release was published by Port of Savannah:

Ocean Network Express will launch a ne...

Charter rates for large boxships jump in response to Red Sea diversions

"In response to the shortage of ships resulting from Red Sea diversions, tonnage providers have jack...

ONE launches Indian Ocean Mediterranean Service (IOM) - Update of Service Rotation

The following release was published by ONE:

Ocean Network Express (ONE) is pleased to announce...

‘World’s first’ 700 TEU pure battery-powered containerships are here

"China’s shipping company COSCO Shipping Development has taken delivery of two 700 TEU electric cont...

America’s most modern gateway: the first US East Coast port powered by 100 percent clean energy

"Today, The Port of Virginia® is powering all its terminals with electricity from clean resources an...

Shanghai sets sights on surpassing own TEU record

"The container throughput at 12 major Chinese ports amounted to 283.8 million TEU between January an...

ZIM Adds a Call to Cai Mep Port in Vietnam to Its ZMP Service

The following release was published by ZIM:

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM),...

Suez Canal Volume Down by a Quarter in Second Half of December

"The International Monitory Fund’s PortWatch system designed to explore how global supply chains are...

Transpacific rates poised to rise as liner networks come under pressure

"Transpacific container rates could spike to highs not seen since early 2022, if the Red Sea crisis...

Liner fortunes upgraded on back of Red Sea shipping crisis

"Having leapt by 40% last week, the Shanghai Containerized Freight Index (SCFI), the world’s most tr...

CMA CGM to reshuffle its services linking East Med countries, Malta & Libya

The following release was published by CMA CGM:

As there are always BETTER WAYS to address Intr...

Spot box rates rocket amid Red Sea shipping crisis

"Drewry has published its keenly awaited first box spot rate details of the year, with the Red Sea s...

Box volume at Nhava Sheva Port hits a new high in 2023

"India's Nhava Sheva Port (JNPA) ended 2023 on a strong note, with its annual container throughput r...

MSC Widens Capacity Gap, Solidifying Position as the World’s Largest Shipping Line

"MSC Mediterranean Shipping Company solidified its position as the world’s largest shipping line in...

A Year of Transformation: AD Ports Group Closes 2023 as a Year of Global Expansion and Enhanced Capacity

The following release was published by AD Ports Group:

In a transformative year marked by unpre...

Clarksons expects 30% of ships to be rated D or E in CII assessments

"Despite a record take-up of green technologies in ships ordered in 2023, thousands of existing vess...

Shipping associations welcome international condemnation of Red Sea attacks

"Twelve nations have warned the Houthis against further attacks in the Red Sea on the day the UN Sec...

Houthis Take Aim At French Shipping Giant CMA CGM

"Houthi militants claimed to have attacked another merchant ship in the Red Sea, serving as a remind...

ONE introduces – Japan Taiwan Cat Lai (JTC) service

The following release was published by ONE:

Ocean Network Express (ONE) is pleased to announce...

Saving the Panama Canal will take years and cost billions, if it’s even possible

"The vestiges of an ancient forest tell the story of just how bad things are at the drought-stricken...

SCFI soars 40% on growing Cape detours

"The Shanghai Containerised Freight Index surged by 40% on 29 December 2023, as liner operators hike...

Connecting King Abdul Aziz Port in Dammam to 6 regional and global ports

The following release was published by Mawani:

This new shipping service is a significant step...

Mundra Port surpasses 5 million TEU mark

"Adani Ports and Special Economic Zone Ltd (APSEZ) has achieved remarkable milestones at Mundra Port...

AD Ports Group Announces Noatum’s Acquisition of APM Terminals Castellón in Spain

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), one of th...

Saudi Ports Authority and MEDLOG to develop $40 million logistics park

"The Saudi Ports Authority (Mawani) and MEDLOG, the logistics arm of the world’s largest container l...

Germany’s Hapag-Lloyd Extends Red Sea Route Diversion

"Germany’s Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reason...

Red Sea Attacks Continue as Containership Reports Nearby Explosions

"British maritime security firm Ambrey said on Tuesday that a Malta-flagged container ship reported...

Evergreen was the most reliable top-13 carrier in November 2023

"Sea-Intelligence has published issue 148 of the Global Liner Performance (GLP) report, with schedul...

Ethiopia eyes Berbera as primary port

"Landlocked Ethiopia is looking at Berbera rather than Djibouti as its primary port for exports and...

Shipping starts shelling out for EU Allowances

"The largest regional green regulations in the history of shipping came into effect yesterday with t...

ZIM increases rates from Med and Black Sea to USEC, Gulf, Canada and Mexico

"ZIM announced new increased rates from the West Mediterranean ports to all ports in the United Stat...

AD Ports to invest $200 million in new Red Sea port terminal

"AD Ports Group has signed a concession agreement with the Red Sea Ports Authority (RSPA) to develop...

Will Red Sea Tensions Fuel Inflation?

"Shipping costs are rising as hundreds of container ships that typically transit the key maritime ar...

Maersk Halts Red Sea Transits Again After Houthi Missile And Boat Swarm Attack

"Iranian-backed Houthi militants attacked a Maersk container vessel with missiles and small boats, p...

Port of New York and New Jersey container volumes up 7.5 percent to 644,439 TEUs in November 2023

"The Port of New York and New Jersey moved 644,439 TEUs (twenty-foot equivalent units) during Novemb...