News

Liverpool strike to start this evening

"The two-week strike at the port of Liverpool on the west coast of Britain will start this evening a...

India to allow transshipment cargo from Bangladesh via ocean

"In a major step toward chipping away at the Port of Colombo’s dominance in containerized trade in a...

Hapag-Lloyd settles detention complaint from US trucker

"Hapag-Lloyd and a California motor carrier have agreed to settle a US Federal Maritime Commission (...

Egypt ports to nearly double container capacity by 2024

"Ports in Egypt are set to nearly double their annual container handling capacity in the next 24 mon...

Hamburg Mayor Says Rejecting China COSCO Bid for Container Terminal Would Be Competitive Disadvantage

"Germany would put its port of Hamburg at a competitive disadvantage if it quashed a bid from China’...

Port Labor Talks Stall as Worker Disruptions Grow

"West Coast port labor talks are stalled as dockworker disputes hit the region’s big trade gateways,...

Port Houston Sets New Container Record

"Container volume continues to break records at Port Houston. Total container volume in August was 3...

Fall in container spot rates ‘much steeper,’ ‘less orderly’ than expected

"Shipping liner executives predicted a continued drop in spot rates during their latest quarterly ca...

CMA CGM to enhance its SAFRAN service connecting North Europe with East Coast South America

The following release was published by CMA CGM:

CMA CGM informs its customers that in order to i...

Container spot rates tumble another 9.7% in last week

"Container spot rates have continued to plunge over the last week with the Shanghai Containerized Fr...

Analysts warn box lines to withdraw capacity as spot rates sink

"Container spot freight rates took another pummelling this week with a raft of double-digit week-on-...

US railways move to rev up operations after deal, but labour yet to agree

"Amid broad relief that a crippling strike had been averted at the eleventh hour, US Class I railway...

Cosco eyes methanol-powered ships as it considers $3bn order for 15 vessels

"Cosco Shipping Lines is thought to be planning another raft of newbuilding orders. But the large nu...

DP World rail link expedites Ukrainian freight movements

"Dubai-based port and logistics group DP World has established a rail link out of Ukraine to the por...

KSOE wins 525 bln-won order for 8 ships

"Major South Korean shipyard Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday it...

Hundreds of Liverpool container workers set for two-week strike

"Hundreds of workers at one of the UK’s largest container ports will go on strike for two weeks from...

Seaspan Cancels Shipbuilding Order Over Unmet Contract Conditions

"Containership leasing company Seaspan Corporation has voided contracts for four LNG-powered contain...

Ocean carriers step up NY-NJ empty sweeps under threat of new fee

"Ocean carriers are ramping up efforts to sweep thousands of empty containers lingering in and aroun...

Shippers face lengthy transshipping delays via Central America

"Shippers are facing delays of up to four weeks in transshipping cargo through Central American and...

UP ousts CP from shared container pool in favor of CN

"Union Pacific Railroad has expelled Canadian Pacific Railroad from the so-called “EMP” shared pool...

FMC receives strong support for emergency order on port congestion

"Shippers, truckers, and third-party logistics providers (3PLs) are urging the US Federal Maritime C...

Asean Seas Line expands down under with China-Australia service

"China-based intra-Asia carrier Asean Seas Line (ASL) continues to emulate its peers in expanding in...

Port of Santos privatisation moves forward

"The Brazilian National Waterway Transport Agency (ANTAQ) has approved the public concession process...

HHLA promotes European trade corridor with new multimodal service

"Hamburger Hafen und Logistik AG (HHLA) has announced the first train within the Amber Train project...

US railroads reach last-minute deal to avert strike

"Railroads and workers’ unions have reached a tentative labour agreement to avert the major national...

Port of LA box volumes down 15%, Long Beach flat in August

"The Port of Los Angeles (LA) saw a 15% drop in container volumes handled in August as imports tumbl...

Saudi Arabia inaugurates Port of Jazan

"In its first phase the port consists of three industrial berths, a Single Point Mooring (SPM) facil...

Biden hails US rail agreement - but unions are not on board yet

"US president Joe Biden has hailed a ‘tentative agreement’ apparently reached between rail unions an...

APM Terminals promotes Rex Jackson to become head of global operations

"APM Terminals has promoted current chief operating officer at its Tangier terminal, Rex Jackson (ab...

UK ports brace for upcoming strike actions

"Workers' strikes at the United Kingdom's ports in Felixstowe and Liverpool are expected to cause op...

Hapag-Lloyd buys 49% stake in Italian logistics group

"The German container shipping company Hapag-Lloyd has agreed with Spinelli Group to acquire a 49% s...

DHL to invest US$500 million in expansion of operations in India

"DHL Supply Chain has announced an investment of €500 million (US$500 million) in India over the nex...

Port of Long Beach dredging projects get greenlight

"The Long Beach Harbor Commission has approved the $170 million deepening projects to improve naviga...

US rail carriers stop accepting hazardous, reefer cargoes as strike looms

"As the threat of US rail strike from Friday looks ever more real carriers have stopped accepting ha...

IRISL leads the way as regional carriers ply new India-Russia trade on north-south corridor

"Asian regional carriers are actively tapping into the potential of India-Russia trade stakeholders...

Yang Ming chairman: Market correction is “temporary”

"Yang Ming Marine Transport chairman Cheng Cheng-mount has asserted that the ongoing correction in c...

AD Ports Group completes acquisition of majority stakes in Transmar and Transcargo International

"AD Ports Group has announced the completion of the acquisition of a 70% equity stake in Transmar In...

Transatlantic becomes most lucrative east-west trade

"The slide in spot earnings on the transpacific has been dramatic over the past month, and lines are...

Confidence waning as ports, rails prepare for strike

"The prospects of heading off a crippling rail strike in the US later this week appeared to dim Wedn...

Concerns mount over pace of ILWU talks amid rail strike threat

"Even as attention is dominated by the potential for a crippling US railroad labor strike, concern i...

Wan Hai focuses on trans-Pacific to drive revenue, liftings

"Taiwan's Wan Hai Lines is increasingly moving away from its intra-Asia roots to develop into a tran...

Port of Mobile headed for busiest year on record

"The Alabama Port Authority today announced its container volumes at APM Terminals are on track for...

Port of Savannah tops 1 million TEU two months into FY 2023

"The Georgia Ports Authority (GPA) has registered its busiest month on record handling 575,513 TEU i...

Genoa terminal orders Generation 6 Konecranes Gottwald Mobile Harbor Crane

"Spinelli S.r.l. (Spinelli Group) will add the first Generation 6 crane to its fleet of Konecranes G...

Liverpool port strike goes ahead as parties fail to reach agreement

"Dockworkers at the Port of Liverpool have rejected the employer’s latest pay offer, confirming a tw...

Omani ports see cargo growth in H1

"The Ministry of Transport, Communications and Information Technology (MTCIT) has announced that Oma...

Felixstowe dock workers set fresh strike dates

"Pay talks at the UK’s main container port Felixstowe have broken down and workers have announced an...

Typhoon Muifa to shut China ports for second time in 10 days

"Another typhoon has prompted the ports of Shanghai and Ningbo to close for the second time in 10 da...

Japanese exporters to pay more for long-haul sea freight as exports fade

"Japanese shippers have to rely more on transhipments for long-haul sea freight, as mainline operato...

20ft containers are not nearing extinction: Drewry

"Following a contraction in output of newbuild 20ft shipping containers in 2021, ordering has recove...

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