News

Angry importers hit by delivery delays and rising costs, but rates are softening

"European importers are facing delays in receiving product from Asia of up to a month, while freight...

DP World offers UK shippers £100 per box as modal shift incentive

"DP World has raised the incentive for UK importers using its Southampton terminal that switch their...

WTO Says Trade Growth Estimates Appear ‘Overly Optimistic’

"The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024...

Port of Antwerp-Bruges welcomes 16-metre draft MSC vessel

"The MSC Aurora has become the first containership to travel to Antwerp with a 16-metre draft under...

Red Sea crisis hits ship recycling market

"Middle East hostilities and decisions by many owners to re-route ships around the Cape of Good Hope...

Red Sea diversions hit container line schedule reliability

"The Red Sea crisis and vessel diversions via the Cape of Good Hope impacted container line schedule...

MSC Enhances Connections Between Europe and South Africa

As part of MSC’s ongoing commitment to enhance services between Europe and South Africa, we are plea...

Container ships defy Panama transit trends

"Panama Canal's overall transit trends are down by 42% year-on-year in December, but container shipp...

DP World Gets 25-Year Lease Extension at Mozambique's Port of Maputo

"Mozambique has approved an extra 25-year extension on the lease of the country’s main Port of Maput...

COSCO's Decision to Quit Israel Raises Strategic Concerns

"The maritime security crisis in the Red Sea is creating new tensions over a Chinese-operated contai...

Asia-Europe spot rates level out as CNY doldrums come into view

"Container spot rates from Asia to Europe appear to have reached their elevated peak ahead of Chines...

Yilport bolsters Stockholm train connections with Europe

"YILPORT has collaborated with Spedition Bode and Kombiverkehr GmbH & Co. KG to double the number of...

ONE Advances Net-Zero Commitment With Approval in Principle for Ammonia Dual-Fueled Vessel

The following release was published by ONE:

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

Maersk names first vessel of its large methanol-enabled fleet “Ane Maersk”

The following release was published by Maersk:

The world’s first large methanol-enabled contain...

HMM links with North Africa feeder operator as it eyes new revenue streams

"South Korea’s flagship liner operator HMM has become a partner of Spain’s Sea & Ports Group, as it...

Charter market heats up – carriers could need up to 200 extra ships

"Brokers are reporting more “heightened activity” in the containership charter market as ocean carri...

Mawani: Adding UGX Service by Milaha to connect KSA to ports of GCC

The following release was published by Mawani:

Saudi Ports Authority "Mawani" announced today t...

Asyad Ports unveils new container terminal in Duqm, Oman

"The new Asyad Container Terminal in Duqm, Oman, has started operations." See the original story at:...

CMA CGM launching four rail services in northern China

"CMA CGM China has introduced four new rail services in northern China increasing intermodal connect...

Hapag-Lloyd - Update for Asia - Red Sea Service (AR1)

The following release was published by Hapag-Lloyd:

Here's an update on our AR1 Service that mi...

ZIM Launches ZIM Pacific Northwest Xpress (ZPX), an Independent Service Connecting Asia, Canada and the USA via Vancouver Gateway

The following release was published by ZIM:

ZIM Integrated Shipping Services Ltd. announced tod...

Los Angeles and Long Beach must collaborate for port complex to compete

"Mario Cordero, CEO of the port of Long Beach, wants increased collaboration with neighbouring Los A...

Sea Legend joins opportunists launching Red Sea services

"One Singapore-incorporated start-up is taking advantage of the Red Sea crisis to launch a container...

Insurance refusal and higher premiums adds to pressure on carriers

"Insurers are beginning to refuse US, UK and Israeli carriers cover for their vessels transiting the...

Middle East land bridge offers 'express' solution to extended shipping transits

"As shippers and forwarders consider a switch to sea-air and airfreight solutions in response to the...

Two US-Flag Maersk Ships Safe After Houthi Missile Attack

"Maersk suspends US-flag operations in the Red Sea after a Houthi attack targeting a Maersk Line, Li...

Over 200,000 containers bound for Piraeus port delayed by Red Sea crisis

"Goods arriving at Piraeus port are experiencing up to 20 days delay with more than 200,000 containe...

Maersk - Changes to our Transpacific services

The following release was published by Maersk:

The situation in and around the Red Sea / Gulf o...

MSC Adapts its East-West Network to The Situation in The Red Sea

The following release was published by MSC:

Given the security situation in the Red Sea and to...

ONE revamps its Adriatic Feeder Service (AIB)

The following release was published by ONE:

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

‘Robust cooperation throughout 2024’: THE Alliance members bid to quash speculation

"In a bid to quash rampant speculation about its future, the members of THE Alliance have issued a r...

Maersk and CMA CGM Help Nigeria Achieve Firsts in Growing Container Trade

"The West African container trade is growing rapidly with Nigerian officials marking the arrival of...

Declining volumes won't dent North American port expansion plans

"The recent decline in volumes on the US Gulf and east coasts and in northern Canada has not deraile...

Xeneta Sees Freight Rates Rising Further Amid Red Sea Crisis

"Shipping rates are expected to continue their upward trend in early February due to the ongoing cri...

What Does Red Sea Disruption Mean for Europe’s Economy?

"Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shippi...

A Strong Finish to 2023 for the NWSA

The following release was published by NWSA:

December Volumes up 13.5%, 2023 Full Exports Up 4....

HMM takes delivery of 13,000 TEU containership HMM Garnet

The following release was published by HMM:

One remarkable feature of the vessels is the latest...

Maersk - New Middle East and Asia services

The following release was published by Maersk:

As the situation around the Red Sea / Gulf of Ad...

Maersk - Changes to ME2 service

The following release was published by Maersk:

The situation in and around the Red Sea / Gulf o...

Port NOLA Announces $226 Million Landmark Grant Award for the Louisiana International Terminal Project

The following release was published by Port of New Orleans:

The Port of New Orleans (Port NOLA)...

CMA CGM to adapt the setup of its NEMO service due to Red Sea crisis

The following release was published by CMA CGM:

Due to recent attacks on commercial vessels in...

Port of Oakland year-end container volume ends strong

The following release was published by Port of Oakland:

Port of Oakland full import and export...

Wan Hai could replace Hapag-Lloyd in THE Alliance: Yang Ming ex-boss

"Yang Ming Marine Transport’s ex-chairman Bronson Hsieh suggested to Taiwanese media that Wan Hai Li...

'Nervousness' as container shortage starts to impact Indian exporters

"Apart from rocketing freight rates, Indian exporters face another supply chain challenge linked to...

Speed up or add ships? Carriers mull Asia-N Europe makeover options

"As long as they are able to obtain premium rates, ocean carriers could decide to increase the servi...

Red Sea Crisis Pressures China’s Exporters

"For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival...

Panama Canal headaches not so painful for box ships, but costs will rise

"Containerships are proving less vulnerable to Panama Canal draught restrictions than other shipping...

Port of Valencia stays resilient amid Red Sea crisis

"The Port of Valencia (PAV) is maintaining its operations on both the Atlantic and Mediterranean rou...

Global Ports enjoys container surge in Q4 2023

"Global Ports saw a container throughput of 264,000 TEU in Q4 2023, an increase of 5.9 per cent quar...

Krishnapatnam port to shift container terminal ops

"All container terminal operations at Adani group-owned Krishnapatnam port are likely to be shifted...