News

Yang Ming and ONE Announce Their Transpacific Network for 2025

The following advisory was published by ONE:

Ocean Network Express (ONE) is proud to announce i...

Maersk - Seasonal Service Announcement

The following advisory was published by Maersk:

In line with Maersk’s commitment to providing l...

Wan Hai Lines names eco-friendly 3,055 TEU containership trio

"Taiwanese shipping company Wan Hai Lines has held a naming ceremony for three new eco-friendly 3,05...

Port of Melbourne reports container growth in February

"In February, the total container throughput at the Port of Melbourne increased compared to the same...

APM Terminals Moín gives Costa-Rican economy 6-million container boost

The following release was published by APM Terminals:

In 2023, more container movements are rep...

Port of Gdansk reconstructs quays

"Krzysztof Kaczmarek, the president of the Port of Gdansk, has inked two agreements with PORR S.A. t...

Red Sea challenges lead to boxship drought for recycling yards

"The Red Sea crisis and the higher freight and charter rates are discouraging owners from scrapping...

Shippers face hike in German rail freight costs as state subsidy is cut

"Amid the looming break-up of DB Schenker’s freight division, shippers using Germany’s railways also...

THEA's ONE and Yang Ming set on contrasting courses for growth

"THE Alliance members ONE and Yang Ming appear to be adopting different growth strategies ahead of t...

Shipping carriers lose $1.44 billion EBIT in Q4 2023

"According to Sea-Intelligence, the shipping companies lost $1.44 billion in combined EBIT in the fo...

CNC - New KBX service offering fast and direct connection from Taiwan to Korea

The following release was published by CNC:

We are delighted to introduce KBX service, designed...

Work on Ulsan container pier suspended after two killed in crane collapse

"South Korea’s Ministry of Employment and Labor (MOEL) today (26 March) issued a partial stop-work o...

Port of Vancouver reports mixed traffic in 2023

"The Vancouver Fraser Port Authority’s 2023 cargo numbers reflect a mixed year for the Port of Vanco...

GPA Board approves $65M for Ocean Terminal

The following release was published by GA Ports:

The Georgia Ports Authority has approved contr...

Documentation delays push industry costs to $3bn

"Payment processing and document delays are adding to the shipping industry’s costs at the rate of a...

East Coast Ports Are Ready To Handle Baltimore Cargo

"East Coast ports including in New York, New Jersey and Virginia are positioned to handle additional...

Baltimore bridge collapse impacts I-95 shipping, rail, trucking and Port of Baltimore

"The collapse of the Francis Scott Key Bridge, after it was hit by a container ship, will disrupt sh...

Rotterdam Short Sea Terminals looks to source new cranes from Europe

"Rotterdam Shortsea Terminals (RST), which provides feeder ship and inland waterway services from th...

Enhancing customer experience at the PH premier port

"Manila International Container Terminal (MICT), the Philippines’ premier gateway for international...

SC Ports efficiently works big ships as imports increase

The following release was published by SC Ports:

South Carolina Ports seamlessly handled big sh...

ONE unveils plans to join the 3m teu club

"With more than one new containership delivering every single day this year, the avalanche of box ne...

Yang Ming unveils fleet renewal plan, but is cautious long-term

"Yang Ming’s management today disclosed its fleet renewal plans and discussed contract negotiations....

Indian Customs to auction uncleared export boxes at Nhava Sheva

"India Customs will auction abandoned or long-dwelling consignments at Nhava Sheva in a bid to dispo...

Diversions from Red Sea proving a real ‘silver lining’ for carriers

"The current equilibrium between supply and demand in container shipping depends on the duration of...

Euroseas completes retrofits of 6,000 TEU containership

"Euroseas Ltd. has announced that it has successfully completed the installation of a variety of ‘en...

Nearshoring and new alliances in the Americas

"The nearshoring phenomenon and upcoming changes to global carrier alliances are changing the shape...

Mass casualties feared as boxship takes out bridge in Baltimore

"Many are feared dead in Baltimore following a dramatic bridge collapse tonight after the 9,962 teu...

Maersk Says Red Sea Still Too Risky to Justify Return

"Danish shipping giant Maersk says it will continue to divert its containerships around the Cape of...

COSCO container ship damages Keelung berth after collision

"A pier in Taiwan’s Keelung port sustained damage after one of COSCO Shipping Lines’ container ships...

Chinese Firm Wins Tender to Build Peru’s Third Largest Seaport

"Peru’s government, through its Private Investment Promotion Agency (PROINVERSIÓN), has awarded a su...

Strike paralysing Finnish ports extended after talks collapse

"The two-week strike by Finnish transport workers that has effectively shut down the country’s ports...

'Milestone' for Pan Ocean as first autonomous box ship enters service

"Pan Ocean is to put South Korea’s first autonomous containership into a service connecting the coun...

Asia-Europe carriers revise FAK rates in fight to rein in revenue erosion

"While container spot rates on the transpacific are falling steadily week on week, the decline in As...

World’s 1st large methanol-powered containership makes maiden call to Tanger Med

"Ane Maersk, the world’s first large methanol-powered containership, has made its inaugural call at...

MSC completes acquisition of French Freight Forwarder Clasquin

"MSC and French freight forwarder Clasquin have agreed on the terms of an acquisition deal announced...

Ports of Southampton and Singapore explore green partnership

"Associated British Ports (ABP) in Southampton and the Maritime and Port Authority of Singapore (MPA...

Samskip Continues Aggressive Network Expansion with new Spain-United Kingdom-Rotterdam Service launch

The following release was published by Samskip:

Samskip launches shortsea container service con...

Niche players continue to risk Red Sea transits with new services – at a price

"Singapore-based NVOCC Summit Shipping has started its own liner operation, the latest opportunist t...

Taiwan International Port upgrading terminal facility at Kaohsiung

"Taiwan International Port Corporation (TIPC) is planning to upgrade the container terminals at the...

Houthis Agree to Give China and Russia Ships a Pass in Red Sea

"The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gul...

Port of Colombo reaping 'a bumper harvest' from the Red Sea crisis

"Sri Lanka’s Colombo port seems to have had a “bumper volume harvest” from the Red Sea crisis, after...

CMA CGM announces upgrade to service between Jeddah and North Red Sea in partnership with Folk Maritime

The following release was published by CMA CGM:

Effective from April 2024, CMA CGM will operate...

PSA witnesses container growth amid revenue and profit declines

"PSA International has announced a container throughput of 94.8 million TEUs in 2023, representing a...

OOIL profits take a hit amid ‘uncertain 2023

"Orient Overseas International Limited (OOIL), owner of shipping company Orient Overseas Container L...

Port of Oakland February container volume is up again

The following release was published by Port of Oakland:

The Port of Oakland February container...

AD Ports Group Acquires Majority Stake in Tbilisi Dry Port

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), a leading...

MSC Enhances Ecuador - NWC & Scanbaltic - USA Service

The following advisory was published by MSC:

In order to meet client demand and extend its cove...

Port Houston posts unprecedented February volumes container TEUs up 20%

"February proved to be a remarkable month at Port Houston’s terminals. Container volumes increased 2...

Major lines’ margins in negative territory for first time after five years

"Mainline operators’ operating profit margins fell into negative territory for the first time since...

Middle East line opens intra-Asia loop to link western India ports

"Oman-based Asyad Line is set to launch a container service connecting the Far East and West India,...

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