News

HMM launches 'extra loaders' to help Asian exporters as CNY looms

"South Korean flagship liner operator HMM is launching “extra loader” Asia-North Europe and -Mediter...

Cosco hit by $2m compensation claim for 'unfair' D&D charges

"Cosco is facing a $2bn compensation claim after a complaint of unfair application of detention and...

Maersk switches liner service from Panama Canal to land bridge

The following release was published by Maersk:

Changes to the OC1 service - Panama Canal

Ref...

Port of Antwerp-Bruges reports box volume decline, announces strong investments in coming years

"The Port of Antwerp-Bruges faced another year of challenges in 2023, marked by geopolitical tension...

MSC welcomes another eco-friendly 16K TEU boxship from DSIC

"Dalian Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered a 1...

BIMCO: Record deliveries could push container fleet above 30 million TEUs in 2024

""In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEUs, be...

'Damaging' port strikes at DP World Australia terminals extended

"Dockers affiliated with the Maritime Union of Australia (MUA) have extended their strike action at...

Malaysia upholds ban so Zim re-routes services to omit Port Klang

"Following the December announcement by Malaysian prime minister Datuk Seri Anwar Ibrahim that the c...

Shippers spooked by fear of box shortages amid carrier 'opportunism'

"The message from ocean carrier operations centres is to urgently evacuate as much equipment as poss...

Houthis Launch ‘Complex Attack’ on Shipping in Red Sea

"The U.S. Central Command is confirming details of the latest attack on shipping in the Red Sea, sta...

Q4 23 financial horror for liners spotlit by OOCL operational update

"A first look at the terrible final quarter of 2023 for container lines came this morning as OOCL re...

Israel Wants Clarity On COSCO Halt

"Israel’s Transport Ministry on Tuesday said it was seeking to clarify Chinese shipper COSCO’s repor...

ZIM rolls out container tracking devices

"The world container fleet is increasingly becoming smart. Israeli carrier ZIM is the latest to anno...

Maersk, Hapag-Lloyd deny reported safe passage deal with Houthis

"A.P. Moller - Maersk A/S and Hapag-Lloyd AG denied any pact with Yemen’s Houthi rebels to facilitat...

Port of Tanjung Pelepas names new chief executive

"Port of Tanjung Pelepas (PTP), Malaysia’s busiest transshipment hub, has appointed Mark Hardiman as...

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...