News
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Klinge Corp plans to ramp up reefer production

“US based reefer container specialist the Klinge Corporation to ramp up production as demand for spe...

by Container News

Container line profits soar as service plunges

“The robust profits container lines reported in the third quarter, the best in a decade, stand in st...

by JOC

Breakdown in trust leaves shippers outraged at vessel operators

“Beneficial cargo owners believe that there has been an erosion of trust between service provider an...

by Container News

Maersk delivers profit on strong boxship business despite Covid-19

“AP Moller-Maersk has delivered a respectable third quarter results with improved profitability acro...

by Seatrade Maritime News

PTP breaks another vessel utilisation record

“The Port of Tanjung Pelepas (PTP) has once again broken the TEU utilisation record for a Maersk ves...

by Port Technology

MSC tipped to overtake Maersk at the top of the liner rankings

Maersk, the world’s largest containerline for the past quarter century, could soon lose its top spot on the global liner rankings list to its alliance partner, MSC. See the original story at Splash247. Source: Splash247 (JK)

by Splash247

Maersk doubles AE19 service’s capacity to face Covid challenges

“Maersk will strengthen its AE19 service with an increase of up to two departures per week aiming to...

by Container News

ONE forecasts huge leap in annual earnings

“Ocean Network Express is sailing toward a massive increase in profitability in its fiscal year that...

by JOC

ICTSI adopts TradeLens across global network of terminals

“International Container Terminal Services, Inc (ICTSI) has signed on to connect its 31 terminals to the TradeLens platform.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

More lines implement Auckland congestion surcharges

“Maersk Line and CMA CGM will apply a port congestion surcharge in the Port of Auckland due to heavy...

by Container News

Maersk prepares for historic long-term contract season

“The world’s largest carrier, Maersk Line, hopes to capitalise on a historic moment in the container...

by Container News

MSC adds second-hand tonnage to its fleet

“The Mediterranean Shipping Company (MSC) has been busy in the second-hand vessel market adding six container ships to its fleet, according to shipbroking reports.” See the original story at Container News. Source: Container News (JK)

by Container News

Container shipping on the cusp of integration

“Ship operators in the container shipping sector have a five-year window in which to develop their i...

by Container News

Hong Kong container terminals agree to cap handling charges

“Box handling charges for direct cargo at most of Hong Kong’s container terminals are to be capped o...

by JOC

The PortXchange pilot at Algeciras Port results in shorter idle times

“The Port of Algeciras, a global maritime hub and one of the main container ports in Europe, has bee...

by AJOT

Greek authorities charge Maersk Launceston captain

“The Piraeus prosecutor’s office has requested the arrest of the master of the Maersk Launceston for...

by Container News

Maersk to transport COVAXX COVID vaccine worldwide

“A.P. Moeller-Maersk (Maersk) has signed a global logistics agreement with COVAXX for the transporta...

by Port Technology

OOIL sees major volume jump in Q3

“Orient Overseas International Limited (OOIL), parent company of Chinese-container shipping line OOC...

by Port Technology

Sweeper vessels waiting for Sydney congestion to ease

“Shippers could see some relief to ongoing congestion in Sydney over the next month that would allow...

by JOC

Maersk Honam accident report exposes regulatory limitations

“Safety systems onboard the Maersk Honam were insufficient to combat the fire and the regulations go...

by Container News

Forwarders slam Maersk: ‘moving from supplier to becoming a competitor’

“Major forwarders may abandon Maersk over concerns that the line’s new “integrated” business and “ag...

by The Loadstar

Russian intelligence accused of bringing down Maersk’s IT

“It has been widely assumed by many cyber security experts in the maritime industry that the 2017 No...

by The Loadstar

CP, Maersk ink rail agreement for Vancouver, Montreal

“Canadian Pacific Railway said Monday it has inked a multi-year agreement with A.P. Møller-Maersk un...

by JOC

Maersk integrates KGH Customs into business

“A.P. Moller-Maersk (Maersk) has said it has made a new organizational structure for KGH Customs Services, a subsidiary it acquired in July 2020.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

Drewry upgrades ’20 carrier profit guidance to $11 billion

“Drewry has upgraded its operating profit expectation for container shipping in 2020 by 16 percent t...

by JOC

Is the maritime industry on the road to recovery?

“Taking a look at the state of the supply chain alone you could be lulled into believing we are on t...

by Port Technology

Service Change – Far East Asia to Indian Subcontinent – FI2 and FI3

The following advisory was published by AP Moller-Maersk:

In order to make your supply chain more...

by AP Moller-Maersk

CMA CGM and MSC complete TradeLens integration

“CMA CGM and MSC Mediterranean Shipping Company (MSC) have fully integrated onto TradeLens, the bloc...

by Port Technology

Maersk launches first block train between China and Georgia

“A.P. Moller-Maersk (Maersk) has said it has launched its first block train service between China an...

by Port Technology

Maersk to make 2,000 redundancies as COVID battle continues

“A.P. Moller-Maersk (Maersk) has said it will follow through with previously announced plans to make...

by Port Technology

‘Volatile’ box trade has shifted ‘from a demand crisis to an operational crisis’

“The era of low-cost ocean freight could be over as volatility and exception handling become the new battleground for forwarders and carriers.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Indian shippers and carriers in war of words over box trade imbalance

“Indian exporters have slammed shipping lines over the country’s continuing container shortage and s...

by The Loadstar

Container shipping majors boosted by positive credit ratings

“Rating agency Moody’s has upgraded the outlook on the ratings of the world’s largest container shipping company Maersk from negative to positive.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

by Offshore Energy

Container shortages threaten India’s export gains

“A growing shortage of containers in India is crimping ocean carrier loading capacity and sending ex...

by JOC

Maersk despatches first train from Rotterdam to China

“The port of Rotterdam recently gained its first direct rail connection with China which saw the Mae...

by Port Technology

2M extends blanked trans-Atlantic service until year-end

“2M Alliance partners Maersk and Mediterranean Shipping Co. have extended the suspension of one of t...

by JOC

Maersk opens new cold chain facility in South Africa

“A.P. Moller-Maersk (Maersk) will launch its second dedicated cold chain warehouse in South Africa, trading under the name of Precool Cold Storage.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

Shippers face ‘significant’ rate hikes as new container contract talks loom

“Having succeeded in aggressively raising container spot rates during the pandemic, ocean carriers are now laying the foundations for a substantial uplift in annual contract rates.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Maersk refuses bookings for shipments to Sydney as the port struggles to cope

“Despite signs of a rapprochement between docker unions and container terminal employers in the port...

by The Loadstar

Update on Transpacific West Coast peak season for North American customers

The following release was published by A.P Moller-Maersk:

We continue to see strong demand and vo...

by A.P Moller-Maersk

Maersk no longer taking empties at Felixstowe as congestion grows

“Maersk Line has stopped accepting empty containers at the UK hub of Felixstowe as a surge in peak season volume and reduced productivity at the port leads to mounting congestion.” See the original story at JOC. Source: JOC (JK)

by JOC

High-yield trans-Pacific siphoning available containers: forwarders

“Container shortages are intensifying across Asia as “almost all” available container equipment is redirected towards China to serve the booming trans-Pacific market, according to forwarders.” See the original story at JOC. Source: JOC (JK)

by JOC

Copenhagen Malmo Port joins TradeLens

“The Copenhagen Malmo Port (CMP) has joined TradeLens in an attempt to modernise workflows and proce...

by Port Technology

Thousands of Maersk jobs to be affected by reorganization

“Over 26,000 people are expected to be affected by Maersk’s internal reshuffling, a company spokesperson confirmed to Offshore Energy-Green Marine.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

by Offshore Energy

Maersk first to cancel GRI and cut transpacific rates as China wades in

“Maersk has reportedly reduced its planned mid-September transpacific GRIs, thought to be due to China’s move to step in to reduce freight rates on the trade.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Chinese authorities suggest trans-Pacific carriers add more capacity

“Chinese authorities have suggested to major container lines that they inject more capacity and less...

by JOC

CMA CGM enhances CIX service

The following release was published by CMA CGM:

CMA CGM is pleased to announce that it will be en...

by CMA CGM

Maersk makes AE19 ocean-rail service from Asia to Europe permanent

“In September 2020, just over a year after the first cargo left on the Maersk AE19 service, the combined ocean-rail product has become a permanent weekly service.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology