News

Hapag chief executive defends Gemini transhipment tactic

"Hapag-Lloyd chief executive Rolf Habben Jansen said today he expected Asian export freight rates to...

APM Terminals Maasvlakte II places record order for 62 Gantry Cranes

The following release was published by APM Terminals:

APM Terminals Maasvlakte II has signed a...

Port of Los Angeles February Cargo Volume Jumps 60% Over Previous Year

The following release was published by Port of Los Angeles:

The Port of Los Angeles processed 7...

Hapag-Lloyd / Mediterranean - South America West Coast (MSW) Service Update

The following release was published by Hapag-Lloyd:

If you are shipping with our Mediterranean...

CMA CGM to suspend its calls at Port au Prince, Haiti

The following release was published by CMA CGM:

Given the worsening security situation prevaili...

Temporary Port Rotation Change - Gulf to SAEC String 1 Service

The following release was published by MSC:

Due to the challenging conditions currently affecti...

Singamas looks to container leasing as box sales decline

"Singamas, the world’s fourth-largest container manufacturer, is to target more revenue from leasing...

Transpacific freight rates – it’s all about 'who blinks first'

"Container spot rates are falling – but not fast enough for transpacific shippers that walked away f...

Shipping Corp of India edging closer to a VSA with USWC carrier

"With its privatisation plan in limbo, Shipping Corporation of India (SCI) is making a renewed pitch...

DP World to build logistics centre in Busan

"Terminal operator DP World has announced a $50m investment to develop a new logistics centre in Bus...

Evolution of vessel size on the Asia-Europe route

"Sea-Intelligence has examined vessel deployment during round-Africa sailing amidst disruptions in t...

YM Containership Takes Out Cranes While Docking in Turkey

"A Hong Kong-registered containership arriving at the private container port in Kocaeli, Turkey was...

CMA CGM to reshuffle EURONAF service connecting Spain, France, Malta, Western Italy, Sicily & Algeria

The following release was published by CMA CGM:

As there are always Better Ways to address a ma...

CMA CGM and OCEAN Alliance roll out the world's largest maritime services network for the 8th year in a row

The following release was published by CMA CGM:

The CMA CGM Group, COSCO Shipping, Evergreen an...

South African Ports Fail to Gain From Diverted Red Sea Traffic

"Africa’s inefficient and aging ports are hampering the continent’s chances of capitalizing on a sur...

COSCO SHIPPING to call at Port of Genoa

"COSCO Shipping has announced that its vessel, COSCO SHIPPING Aries, will be the first 20,000 TEU ve...

DP World Announces Resilient FY2023 Results With Stable Adjusted EBITDA at $5.1 Billion

DP World Limited has announced resilient financial results for the year ended 31 December 2023. On a...

“Mawani” Records a Growth in the Incoming Containers by 16.88% in February 2024

The following release was published by Mawani:

The ports supervised by the Saudi Ports Authorit...

Wilson Sons invests BRL 1.4 million to increase operational efficiency at Rio Grande Container Terminal

The following release was published by Wilson Sons:

Wilson Sons has just made important investm...

Maersk and Hapag-Lloyd alliance will seek to reduce costs

"With returns sliding back to pre-Covid levels after the supercharged pandemic period shipping lines...

Houthis Vow to Attack Diverted Ships in Indian Ocean

"The leader of Yemen’s Houthis, Abdul Malik al-Houthi, said on Thursday the group’s operations targe...

ONE Redesigns Its Scan Baltic Feeder Services

The following release was published by ONE:

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

ZIM Reports Financial Results for the Fourth Quarter and the Full Year of 2023

The following release was published by ZIM:

  • Full Year 2023 Revenue of $5,162 Million and Net...

MSC launches more services as new markets emerge in India

"MSC is opening secondary port calls in India to be closer to shippers in potential new markets furt...

January surge in volumes stretches capacity at Mexican ports

"After tepid growth in 2023, Mexico’s container ports experienced a surge in traffic in January, and...

Hapag-Lloyd publishes 2023 annual report and announces forecast for the current financial year

The following release was published by Hapag-Lloyd:

  • Third-best result in the company’s histor...

Rate hikes eclipse Red Sea diversion costs, boosting carrier profits

"Ahead of Hapag-Lloyd’s 2023 annual report, there is significant interest in the carrier’s provision...

ONE adds Subic Bay calls on China Thailand Philippines service (CTP)

The following release was published by ONE:

Ocean Network Express (ONE) is pleased to inform yo...

CMA CGM drives clients to its booking platform with rewards scheme

"For air miles, read nautical miles – French liner CMA CGM has just unveiled a loyalty program with...

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...