Stormy weather sends Middle East supply chains out of whack
"Days of bitterly unusual weather across the Persian Gulf region have sparked serious concerns for o...
Shipping on alert as Israel retaliates against Iran
"Israel launched an attack on Iran on Friday, sparking concerns about the conflict escalating furthe...
CMA CGM puts Bolloré Polynesian subsidiary up for sale
"Bolloré’s Polynesia subsidiary has been put up for sale by new parent CMA CGM, claiming local regul...
Thessaloniki Port reports over US$90 million annual revenues
The following release was published by Thessaloniki Port:
Thessaloniki Port Authority S.A. (ThP...
Geopolitical and Economic Issues Impact Rotterdam and Antwerp-Bruges
"Two of Northern Europe’s leading ports reported first quarter 2024 results citing the ongoing geopo...
Carriers look to short-term gains over blanking, as Red Sea crisis props up rates
"With the Red Sea crisis continuing to artificially prop up container spot rates, carriers have larg...
Evergreen clients signing transpac contracts as Red Sea crisis props up rates
"Taiwan carrier Evergreen said yesterday it believed the escalation of Israel-Iran tensions means th...
CMA CGM to strengthen and reshuffle its SEAS1 & SEAS2 services connecting Asia and East Coast South America
The following release was published by CMA CGM:
CMA CGM is pleased to introduce its new Asia-Ea...
Ocean Network Express Launches Green Shipping Solution – ONE LEAF+
The following release was published by ONE:
Ocean Network Express (ONE), a leading global shipp...
NWSA TEU Volumes Up 2.9% Q1 2024
The following release was published by NWSA:
Continued voyage consistency and increased vessel...
Port of Los Angeles Finishes First Quarter up 30% Over Previous Year
The following release was published by Port of Los Angeles:
The Port of Los Angeles handled 743...
Brunswick sets record month for autos
"Colonel’s Island Terminal at the Port of Brunswick continued its record-setting pace in March, hand...
Hong Kong drops out of world's top 10 busiest container ports
"Hong Kong fell out of the world’s top 10 container ports last year, for the first time in the histo...
MSC announces new FAK rates
"The Mediterranean Shipping Company (MSC) has announced new freight all kind (FAK) rates export Asia...
Capture of MSC Aries will further drive up Indian export costs
"With heightened geopolitical tensions sparked by the Iran-Israel faceoff, Indian exporters are agai...
China and EU Trade Tensions Risk a Full Trade War, European Chamber President Warns
"China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to...
MSC Aries Incident Update
The following release was published by MSC:
We know many of you are concerned and shocked by th...
Shanghai stretches lead at the top of the boxport rankings to 10m teu
"Shanghai has built up an unprecedented commanding 10m teu lead over its nearest boxport rival in ra...
America's Ports Want to Decarbonize, But Cost & Grid Power Remain Hurdles
"The American Association of Port Authorities has completed a survey of its members' decarbonization...
Oregon’s Port of Portland to Suspend Container Operations as Losses Grow
"Oregon’s only ocean seaport, the Port of Portland, informed shippers yesterday that it plans to sus...
Has Somali piracy crisis returned? 'Yes and no', says maritime veteran
"The seemingly relentless widening of the Middle East conflict beyond the Red Sea appears to have be...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
"Less than 2% of the containerships active in the Persian Gulf are Israeli-owned, and redeploying t...
CMA CGM announces new rates from Asia to North Europe
"French shipping liner, CMA CGM, has announced updated Freight All Kinds (FAK) rates effective from...
Hapag-Lloyd and Seaspan to retrofit five vessels to methanol dual-fuel
"A growing number of container vessels are being retrofitted to use methanol as fuel with latest mov...
Temporary Port Rotation Change – NWC to SAEC String 1 Service
The following release was published by MSC:
As we aim to maintain schedule reliability, MSC has...
MSC adds two more ships
"The world’s largest containerline, Mediterranean Shipping Co (MSC), remains very active in the seco...
Cargo Growth Continues at Port of Long Beach in March
The following release was published by Port of Long Beach:
Rising consumer confidence lifted tr...
HMM leads as South Korea embarks on state-backed box fleet expansion
"HMM said today it would increase its box ship fleet to 130, with a combined capacity of 1.5m teu, b...
Panama Canal will progressively increase daily transits to 32
"Following maintenance on the Gatun Locks in the first half of April the Panama Canal Authority plan...
Iran Says Seized MSC Aries was ‘Violating Maritime Laws’
"A Portuguese-flagged container ship, the MSC Aries, was seized by Iran on April 13 for “violating m...
Maersk Makes no Deployment Changes After Vessel Seized in Strait of Hormuz
"hipping company Maersk has not made any deployment changes after a Portuguese-flagged container shi...
Over $90m worth in goods for 7 countries on Iran seized MSC Aries
"Big name shippers have tens of millions of dollars worth of cargo stuck onboard the container ship...
Houthi missile attacks a paradigm shift in security threat to shipping
"Vessels transiting the Red Sea in face of Houthi attacks are strongly advised to disable AIS transp...
Shipping braces for Israel’s response to Iranian attacks
"Shipping has to contend with new danger zones following Iran’s attack on Israel over the weekend an...
'Slow season' and ocean network stabilisation easing pressure on rates
"While container spot rates on the Asia-Europe and Asia-North America trades continued to remain ele...
Shippers In Baltimore Disaster Face ‘General Average,’ MSC Says
"The owner of the ship that destroyed Baltimore’s Francis Scott Key Bridge has started a formal proc...
OOCL reports 9% revenue drop in Q1
"Orient Overseas Container Line (OOCL) reports total revenues were down 9.0% to $1.98 billion for th...
US and UK call for immediate release of MSC Aries seized by Iran
"The US and UK have called for the immediate release of the container ship MSC Aries seized by Iran....
Iran seizes Zodiac and MSC linked containership
"Iran’s Revolutionary Guard Corps (IRGC) Navy has seized a containership belonging to Israeli billio...
Maersk - Changes to Europe to West Africa Network
The following release was published by Maersk:
As your end-to-end logistics partner, we are con...
Other east coast ports can cope with Baltimore cargo – 'in the short term'
"The port of New York and New Jersey (NY/NJ) is emerging as the main alternative for shippers that t...
South Korea’s Busan Port Launches First Automated Container Terminal
"South Korea’s Busan New Port has further extended its capacity with the launch of a seventh contain...
Porto Itapoá welcomes widest ship in 13 years
"Porto Itapoá has received the widest vessel to dock at its terminal in almost 13 years of operation...
Wan Hai Lines Holds Ship Naming Ceremony for New Vessels accompanied by a Charity Donation
The following release was published by Wan Hai:
Wan Hai Lines held ship naming ceremonies for W...
WTO warns of risks to 2024 global trade rebound
"The World Trade Organization (WTO) forecast a return to world trade growth in 2024 but highlighted...
Baltimore Bridge Wreck Removal: Progress Report
"As of April 11, now four days into the process, approximately 38 containers had been removed, a cri...
Port of Valencia unveils bidders for new terminal construction
"The Port Authority of Valencia (PAV) has announced the four Temporary Joint Venures (TJVs) that hav...
Houthis Claim Fresh Attacks on Multiple Ships
"Yemen’s Houthis said on Wednesday they targeted four vessels, including what they described as a U....
Georgia Ports handled 436K TEUs in March
The following release was published by Georgia Ports:
Total container trade up 18.5 percent, ra...
Astrid Maersk in China green methanol bunkering first
"Astrid Maersk berthed at Yangshan port in Shanghai for the first green methanol bunkering with simu...