News

Vessel juggling leaves ocean alliances short of Asia-Europe capacity

"Despite the large tranches of new container shipping capacity hitting the water in recent months, A...

CMA CGM switches box ship call to Chennai as Ennore struggles

"CMA CGM has had to reshuffle a containership call that it routinely holds at Adani Ennore Container...

DP World Boosts European Trade With €130M Investment in Romania

The following release was published by DP World:

  • Cargo flows expected to increase by around t...

Hapag-Lloyd with good start to 2024 in first quarter of year

The following release was published by Hapag-Lloyd:

  • Demand and rates stabilised in the first...

HHLA result affected by weakened economy and supply chain disruptions in Q1 2024

The following release was published by HHLA:

  • HHLA’s CEO, Angela Titzrath: “For HHLA, 2024 con...

Top China ports see 10% container volume growth in Q1

"Container volume and cargo throughput at Chinese ports both achieved positive growth in the first q...

MSC Introduces New Weekly North Peru Feeder Service in Salaverry Port

The following release was published by MSC:

MSC is pleased to announce the “North Peru Feeder”...

ONE - New Service Launched CVT

The following release was published by ONE:

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

CMA CGM to launch MCX - West Coast Central America

The following release was published by CMA CGM:

CMA CGM is pleased to announce the launch of ou...

Red Sea crisis and port congestion drive blank sailing surge

"Box lines are tradionally using blank sailings to manage supply in relation to demand, but during t...

'Liner panic' as new container production hits a post-Covid peak

"Container output reached 521,000 teu last month – a post-Covid peak, according to Linerlytica today...

Trade war intensifies as Biden slaps more tariffs on Chinese products

"US president Joe Biden has revealed a new set of major tariff increases which will hit many differe...

Union dismisses Canadian West Coast ports employers complaint

"A union official has dismissed a BC Maritime Employers Association (BCMEA) complaint against the fo...

Port of Long Beach Cargo Volumes Climb in April

The following release was published by Port of Long Beach:

Trade moving through the Port of Lon...

AD Ports Group Starts 2024 with Significant Financial and Operational Performance in Q1

The following release was published by AD Ports Group:

  • Revenue more than doubled Year-on-Year...

RCL profits from increased freight rates, cost control in Q1

"Regional Container Lines (RCL) reports first quarter profit bouncing back from a loss in final quar...

SFL bags Maersk charter deals

"John Fredriksen’s SFL Corporation has bagged new contracts and extensions for its boxships from Mae...

ILA and Employers Confident as Master Labor Contract Talks Set to Begin

"The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) issue...

India Signs 10-Year Deal to Develop Iranian Seaport

"India's government has inked a 10-year agreement to build out and operate the port of Chabahar, Ira...

Shipping's decarbonisation journey is under way

"There has been a gradual transition in the way the shipping sector perceives decarbonisation. In th...

HMM generates profits in Q1 amidst a volatile market

The following release was published by HMM:

  • The revenue increased 12% to KRW 2,330 billion in...

Baltimore officials confident of removing stricken Dali this week

"Explosive charges were detonated yesterday afternoon to bring down sections of the collapsed Franci...

FHWA announces $7.1 million for port improvements in Louisiana

"The U.S. Department of Transportation’s Federal Highway Administration is announcing $7.1 for port...

Red Sea crisis sees 2M separation go into reverse

"Following the announcement of the dissolution of the 2M alliance the division of services was rapid...

Shipyard output hits seven-year high

"After a decade of declining output, shipyard production has begun to edge up in recent years with d...

New Gantry Cranes Arrive in Halifax

The following release was published by Port of Halifax:

The Port of Halifax is excited to welco...

ICTSI to invest in new Southern Luzon gateway

The following release was published by ICTSI:

International Container Terminal Services Inc. (I...

A 'carrier-controlled market' as spot rates rise and capacity tightens

"“You take away all sense and rationale. And whatever is left, is the container shipping market,” sa...

CMA CGM to launch VGI connecting Asia to India West Coast and Middle East

The following release was published by CMA CGM:

CMA CGM is pleased to announce the launch of ou...

Ships told to reroute in Indian Ocean as Houthi attack range extends

"A Houthi drone strike on an MSC container ship in the Indian Ocean has led to EU Forces advising sh...

LNG dual-fuel 13,000 TEU CMA CGM Sao Paolo wraps up sea trials

"Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has reve...

UK well-positioned to kick-start shipping’s transition to green fuels, report shows

"The United Kingdom (UK) can become an early mover in the global shipping industry’s transition to z...

Maersk draws up contingency plans for rail strike in Canada

"With a 22 May deadline for Canada’s rail strike looming, Maersk has drawn up its contingency plan f...

Carriers forced to seek alternatives as capacity crunch at Colombo Port tightens

"Terminal capacity pressure building in Sri Lanka’s Colombo port, linked to the Red Sea-linked trans...

Yang Ming chiefs deny receiving extra bonus as profits double in Q1

"Yang Ming has denied media reports that its chairman and GM, Cheng Cheng-mount and Patrick Tu, paid...

Capacity problems loom as transhipment boxes clog major West Med hubs

"Fears of widespread congestion across west Mediterranean container ports may have abated for the pr...

Euroseas inks charter for feeder vessel

"Euroseas Ltd. has signed a time charter contract for M/V Monica, a newbuild fuel efficient 1,800 TE...

DP World picks up sustainability awards

"DP World has won two new awards at the 2024 SEAL Business Sustainability Awards, which honour leade...

Red Sea rerouting causing Asian port congestion

"Diversions of container ships via the Cape of Good Hope has resulted in a continuous reconfiguratio...

Maersk - NZPAC Service Introduction

The following release was published by Maersk:

Maersk are pleased to announce the introduction...

Workers at Canada’s two largest railways vote to strike

"The Teamsters Canada Rail Conference (TCRC), a union representing more than 9,000 employees at Cana...

BG Freight Line adds its 'greenest feeders yet' to its fleet

"Four new BG Freight Line feeder vessels will be able to burn biomethanol fuel, in addition to using...

Asia-Europe ocean trades a nightmare scenario – 'unless you're a carrier'

"Forwarders are warning customers that demand on Asia-Europe ocean trades is beginning to look a lot...

U.S. Container Imports to Maintain Strength into Peak Season

"Inbound cargo volume at the United States’ major container ports is expected to stay above 2 millio...

Port of Salalah introduces viable alternative to Red Sea route

The following release was published by Port of Salalah:

With first quarter results, the consens...

Containership deliveries reach record 1 million TEU

"According to the Baltic and International Maritime Council (BIMCO), over 1 million TEU were deliver...

MAWANI records 20 per cent throughput drop

"The Saudi Ports Authority (MAWANI) recorded 557,681 TEU in April 2024, compared to 693,087 TEU last...

Hapag-Lloyd - Schedule update for FE9 service

The following release was published by Hapag-Lloyd:

If you're shipping with our Far East Servic...

CMA CGM to strengthen and reshuffle its Africa lines - India Middle East Gulf services

The following release was published by CMA CGM:

In a continued effort to provide a reliable and...

CMA CGM to suspend Bremerhaven call on its SAFRAN service connecting East Coast South America with Europe

The following release was published by CMA CGM:

This service will stop offering Bremerhaven, as...

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