News

Yang Ming Revamp Far East-East Coast of South America Service

The following release was published by Yang Ming:

Yang Ming Marine Transport Corp. (Yang Ming)...

HHLA acquires interest in Austrian intermodal service provider Roland Spedition GmbH

The following release was published by HHLA:

  • Investment strengthens HHLA’s service portfolio...

Boxes piling into Mexican ports – but then piling up

"Mexico’s box ports continue to boost throughput, fuelled by nearshoring and roaring trade with the...

HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance

"HMM CEO Kim Kyung-Bae believes Hapag-Lloyd’s departure from THE Alliance will be a big opportunity...

MSC redeploys 'Israel-linked' box ships away from Persian Gulf

"MSC, the only operator of Israel-linked containerships in the Persian Gulf, has begun shifting thes...

Russian container market rises almost 20 per cent Q1 2024

"Global Ports together with its subsidiaries and joint ventures has announced its operational result...

Shanghai Port and Lianyungang Port strengthen partnership

"The Chinese ports of Shanghai and Lianyungang aim to enhance multimodal transportation and ro-ro pr...

Maersk - Polaris Service Schedule Update

The following release was published by Maersk:

As a result of the continued weather disruptions...

Port Houston Surpasses 1M TEU Mark in First Quarter

The following release was published by Port of Houston:

Container volumes at Port Houston have...

Diamond Line stocks up NET2 service

"Diamond Line, a feeder and short sea carrier, is expanding its NET2 service loop, initially establi...

Japanese feeder operator goes hybrid with latest order

"A Japanese feeder line has embarked on a zero-emission boxship project." See the original story at:...

PIL predicts Red Sea crisis to keep it in black for 2024

"Despite sharply reduced earnings in 2023, Singapore’s Pacific International Lines (PIL) expects the...

Kenya Tries to Jump-Start New Seaport With Better Equipment, Lower Fees

"Despite agonizingly slow growth, Kenya remains optimistic about the prospects of its second commerc...

Detained Ship From Russia Allowed To Leave German Port

"A cargo ship from Russia earlier detained in Germany on suspicion of breaching sanctions is now fre...

Third temporary shipping channel opened in Port of Baltimore

"Around 15% of normal traffic will be able access the Baltimore port with an additional channel as s...

Industry appeals to UN over MSC Aries seizure

"Shipping associations have called for greater military presence in the middle east to protect vesse...

Stormy weather sends Middle East supply chains out of whack

"Days of bitterly unusual weather across the Persian Gulf region have sparked serious concerns for o...

Shipping on alert as Israel retaliates against Iran

"Israel launched an attack on Iran on Friday, sparking concerns about the conflict escalating furthe...

CMA CGM puts Bolloré Polynesian subsidiary up for sale

"Bolloré’s Polynesia subsidiary has been put up for sale by new parent CMA CGM, claiming local regul...

Thessaloniki Port reports over US$90 million annual revenues

The following release was published by Thessaloniki Port:

Thessaloniki Port Authority S.A. (ThP...

Geopolitical and Economic Issues Impact Rotterdam and Antwerp-Bruges

"Two of Northern Europe’s leading ports reported first quarter 2024 results citing the ongoing geopo...

Carriers look to short-term gains over blanking, as Red Sea crisis props up rates

"With the Red Sea crisis continuing to artificially prop up container spot rates, carriers have larg...

Evergreen clients signing transpac contracts as Red Sea crisis props up rates

"Taiwan carrier Evergreen said yesterday it believed the escalation of Israel-Iran tensions means th...

CMA CGM to strengthen and reshuffle its SEAS1 & SEAS2 services connecting Asia and East Coast South America

The following release was published by CMA CGM:

CMA CGM is pleased to introduce its new Asia-Ea...

Ocean Network Express Launches Green Shipping Solution – ONE LEAF+

The following release was published by ONE:

Ocean Network Express (ONE), a leading global shipp...

NWSA TEU Volumes Up 2.9% Q1 2024

The following release was published by NWSA:

Continued voyage consistency and increased vessel...

Port of Los Angeles Finishes First Quarter up 30% Over Previous Year

The following release was published by Port of Los Angeles:

The Port of Los Angeles handled 743...

Brunswick sets record month for autos

"Colonel’s Island Terminal at the Port of Brunswick continued its record-setting pace in March, hand...

Hong Kong drops out of world's top 10 busiest container ports

"Hong Kong fell out of the world’s top 10 container ports last year, for the first time in the histo...

MSC announces new FAK rates

"The Mediterranean Shipping Company (MSC) has announced new freight all kind (FAK) rates export Asia...

Capture of MSC Aries will further drive up Indian export costs

"With heightened geopolitical tensions sparked by the Iran-Israel faceoff, Indian exporters are agai...

China and EU Trade Tensions Risk a Full Trade War, European Chamber President Warns

"China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to...

MSC Aries Incident Update

The following release was published by MSC:

We know many of you are concerned and shocked by th...

Shanghai stretches lead at the top of the boxport rankings to 10m teu

"Shanghai has built up an unprecedented commanding 10m teu lead over its nearest boxport rival in ra...

America's Ports Want to Decarbonize, But Cost & Grid Power Remain Hurdles

"The American Association of Port Authorities has completed a survey of its members' decarbonization...

Oregon’s Port of Portland to Suspend Container Operations as Losses Grow

"Oregon’s only ocean seaport, the Port of Portland, informed shippers yesterday that it plans to sus...

Has Somali piracy crisis returned? 'Yes and no', says maritime veteran

"The seemingly relentless widening of the Middle East conflict beyond the Red Sea appears to have be...

MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'

"Less than 2% of the containerships active in the Persian Gulf are Israeli-owned, and redeploying t...

CMA CGM announces new rates from Asia to North Europe

"French shipping liner, CMA CGM, has announced updated Freight All Kinds (FAK) rates effective from...

Hapag-Lloyd and Seaspan to retrofit five vessels to methanol dual-fuel

"A growing number of container vessels are being retrofitted to use methanol as fuel with latest mov...

Temporary Port Rotation Change – NWC to SAEC String 1 Service

The following release was published by MSC:

As we aim to maintain schedule reliability, MSC has...

MSC adds two more ships

"The world’s largest containerline, Mediterranean Shipping Co (MSC), remains very active in the seco...

Cargo Growth Continues at Port of Long Beach in March

The following release was published by Port of Long Beach:

Rising consumer confidence lifted tr...

HMM leads as South Korea embarks on state-backed box fleet expansion

"HMM said today it would increase its box ship fleet to 130, with a combined capacity of 1.5m teu, b...

Panama Canal will progressively increase daily transits to 32

"Following maintenance on the Gatun Locks in the first half of April the Panama Canal Authority plan...

Iran Says Seized MSC Aries was ‘Violating Maritime Laws’

"A Portuguese-flagged container ship, the MSC Aries, was seized by Iran on April 13 for “violating m...

Maersk Makes no Deployment Changes After Vessel Seized in Strait of Hormuz

"hipping company Maersk has not made any deployment changes after a Portuguese-flagged container shi...

Over $90m worth in goods for 7 countries on Iran seized MSC Aries

"Big name shippers have tens of millions of dollars worth of cargo stuck onboard the container ship...

Houthi missile attacks a paradigm shift in security threat to shipping

"Vessels transiting the Red Sea in face of Houthi attacks are strongly advised to disable AIS transp...

Shipping braces for Israel’s response to Iranian attacks

"Shipping has to contend with new danger zones following Iran’s attack on Israel over the weekend an...

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