News

Trade Rises at Port of Long Beach in February

The following release was published by Port of Long Beach:

Cooling inflation, rising consumer c...

Skanska to upgrade Port of Virginia’s Norfolk International Terminal

"Skanska, in a joint venture with McLean Contracting Company, has secured a contract from the Port o...

DP World launches global freight forwarding network

"Dubai-headquartered DP World has inaugurated the latest in a string of more than 100 freight forwar...

ONE - Revamping JK1 and JK2

The following release was published by ONE:

Ocean Network Express is pleased to inform you that...

Maersk studies possible DB Schenker acquisition

"After DHL withdrew last week from the battle for one of the largest acquisitions in the global logi...

Don't be too worried about east coast port shutdown, says top shipper

"Despite some strident language from union leaders, shippers using US east coast ports should expect...

Carriers still need another 400,000 teu to maintain services

"Nearly 200,000 teu of newbuild containership capacity was delivered in February, following a record...

Ocean Network Express Establishes New West Asia Regional Headquarters in Dubai

The following release was published by ONE:

Ocean Network Express is pleased to announce the op...

Valencia freight index drops in February

"Export freights from the Port of Valencia have stabilised in February despite experiencing a slight...

Hede Shipping to launch transpacific service

"Hede Shipping will launch a new transpacific service from 19 March 2023 with the first sailing conn...

Cape diversions see box shipping EU ETS outlays leap by 191%

"Persistent missile attacks by Houthi rebels on ships plying the Red Sea route have led to soaring e...

Panama Canal Authority adds three more daily transit slots

"Solid amounts of rain have allowed the Panama Canal Authority (ACP) to add three extra slots per da...

CMA CGM to suspend Rio SB call on its SIRIUS service connecting East Coast South America with the Mediterranean

The following release was published by CMA CGM:

This service will suspend its call in Rio de Ja...

Hapag-Lloyd revamps Africa service network

The following release was published by Hapag-Lloyd:

We’re constantly working towards increased...

Cosco and OOCL u-turn on pledge not to call at ports in Israel

"Cosco Shipping Lines and its subsidiary, OOCL, have apparently backtracked on halting calls to Isra...

Transpac carriers content to sit it out after 'ridiculous' new contract offers

"Based upon initial feedback to The Loadstar, there appears to have been only a handful of shippers,...

Prince Rupert port in new push to win traffic following capacity hike

"Boosted by a fresh injection of handling capacity, DP World’s Prince Rupert Port has reminded North...

Port of Durban gets $12 million boost in road restoration

"The Transnet National Ports Authority (TNPA) will invest R233 million ($12.4 million) in road maint...

January volume indicates strong start to 2024 at the Port of NY and NJ

"The Port of New York and New Jersey started the new year with robust volume and auto numbers. Total...

U.S. Forces Strike Back After Houthi Attack on Merchant Vessel

"U.S. forces launched a series of self-defense strikes against Houthi targets in Yemen after the Ira...

Nigeria Sets Aside $1 Billion for Port Rehabilitation

"The Nigerian Ports Authority (NPA) has announced a massive rehabilitation effort for the country’s...

South Korea Takes Down “For Sale” Sign on HMM

"Efforts to privatize South Korean shipping company HMM have been put on hold indefinitely after the...

Shortages Loom After Gangs Attack Haiti's Main Container Terminal

"Haiti faces a serious risk of shortages of food, medical supplies and other basic necessities becau...

New sanctions see Sinokor suspend shipping services to Vostochny

"South Korean feeder operator Sinokor is to suspend container shipping services to Russia’s Vostochn...

DB Schenker looks to build an integrator footprint in India

"Amid a possible ownership change, DB Schenker is looking to make greater inroads into the Indian ma...

SeaCube boss calls for more reefers to be manufactured outside China

"While a US investigation into cyber security concerns over container cranes appears to be increasin...

Shanghai Zhenhua Denies Posing Cybersecurity Risk To US Ports

"Shanghai Zhenhua Heavy Industries (ZPMC) 600320.SS said on Sunday its cranes do not pose a cybersec...

PSA Singapore Expands Jurong Island Terminal to Enhance Sustainable Supply Chain Offerings for the Jurong Island Ecosystem

The following release was published by the PSA International:

PSA Singapore has announced a str...

CMA CGM Marco Polo largest vessel to call in Port of Philadelphia ’s 300-year history

"The Philadelphia Port community is buzzing with excitement as the largest vessel to ever call the P...

Yang Ming Reveals 2023 Financial Report

The following release was published by the Yang Ming:

Yang Ming Marine Transport Corporation (Y...

COSCO Shipping Lines names new eco-friendly 14,100 TEU boxship

"China-based shipping company COSCO Shipping Lines has named a new 14,100 TEU containership that fea...

CLdN Launches New Services Between Rotterdam And Ireland And Expands Capacity Between Rotterdam And The UK.

The following release was published by the CLdN:

CLdN today announced the launch of new service...

South Korea automates Incheon New Port through US$760 million investment

"President of South Korea Yoon Suk Yeol aims to bolster the aviation and shipping sectors through se...

US probe finds questionable communications equipment on Chinese-built cranes

"A US congressional probe has found questionable communications equipment on Chinese-built ship-to-s...

MSC Containership Prohibited from Departing Canada as Fire Winds Down

"Transport Canada reports that the fire aboard the MSC Mediterranean Shipping Company vessel MSC Sao...

Singapore Alliance For Action aims for smoother transhipment

"The Singapore government is to form an alliance with forwarder DB Schenker, port operator PSA Inter...

Shipping Reacts to Fatal Attack on ‘True Confidence’

"The deaths of three seafarers on board the True Confidence following a Houthi missile strike marks...

Strong Month for U.S. Imports in February

"In February 2024, U.S. container import volumes declined 6% from January, but jumped 23.3% when com...

APMT Callao transitions to 100 per cent renewable electricity

"APM Terminals (APMT) Callao is reportedly on pace to reduce emissions by 36 per cent in 2024, 55 pe...

SSA Marine and Port of San Diego introduce zero emissions cargo handling equipment

"SSA Marine announced today that it has put into service the first of six pieces of zero-emissions c...

Lidl expands its Tailwind brand into overland logistics

"German retailer Lidl has expanded its Tailwind brand into overland logistics, setting up a new unit...

DHL pulls out of race for DB Schenker as it reports full-year 2023 numbers

"DSV is now the remaining 3PL in the bidding for DB Schenker, after DHL said this morning it was not...

TPM24: Contracts: shippers and forwarders wary of usual 12-month deals

"The annual transpacific contract tender bartering season is in full swing at the S&P Global TPM24 c...

Red Sea crisis overwhelms African ports operations

"The shipping disruptions in the Red Sea and Suez Canal have had a significant impact on African por...

Peel Ports, UK retailers call for new two-port strategy

"Some of the UK’s fastest-growing value retailers have joined major port operator Peel Ports Group i...

Alphaliner’s Asia-Europe container trade analysis highlights its fluidity

"MSC and the Ocean Alliance lead the way on the Asia to Europe trades in terms of market share, but...

Tough week for MSC’s vintage fleet

"It’s been a tough week for the safety department at the world’s largest containerline, with three o...

Non-alliance liners double market share on Asia-Europe over the past year

"The market share of non-alliance liners operating in the Asia-Europe tradelane has doubled in the s...

Japan’s major ports report over 1.1 million TEUs in December 2023

"In the last month of the previous year, Japan's six major ports collectively handled 1.17 million T...

CMA CGM Will Not Raise Bid for UK Logistics Company Wincanton

"CMA CGM’s CEVA Logistics confirmed today that it will not be pursuing Wincanton reporting in a stoc...