News

Adani net profit jumps 65 per cent

"Adani Ports and Special Economic Zone Ltd (APSEZ) has announced its results for the quarter and nin...

US military says Houthi missiles failed to hit container ship Koi

"US military say that two missiles fired by Houthi rebels at the container ship Koi on 1 February fa...

Concerns over Cape re-routes and West African piracy

"Industry concerns have been raised that pirates in West Africa, who have seen shipping trade shifti...

Hapag-Lloyd - New port coverage for ECX service

The following advisory was published by Hapag-Lloyd:

If you're shipping with our Europe East C...

CMA CGM to enhance its SAFRAN service connecting North Europe with South America East Coast

The following advisory was published by CMA CGM:

CMA CGM is pleased to announce its customers a...

Westwood Shipping Lines to rebrand as Swire Shipping

The following advisory was published by Swire Shipping:

Swire Shipping announced today that Wes...

Deadlocked labor negotiations confront three Canadian container ports

"Potential waterfront labor stoppages at Vancouver, Prince Rupert and Montreal are once more on the...

LNG-powered CMA CGM Belem launched in China

"The ship named CMA CGM Belem was launched four days ahead of schedule on January 29, 2024, at the C...

EU ETS: 'the polluter pays', but the price 'must be more transparent'

"Shipping lines now paying EU ETS surcharges, under ’the polluter pays’ principle, will pass these c...

ONE sinks to a $248m operating loss in Q4, but rates rise boosts outlook

"Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the fina...

Red Sea disruptions expected through Q2

"Drewry has predicted that the damage caused by the Red Sea crisis will be less severe in the long t...

Menace on the Red Sea – MSC rewires entire global network

"The impact of the Houthi attacks on shipping in the Red Sea have sent shockwaves throughout global...

Port Saint John Celebrates Completion of West Side Modernization Project

The following advisory was published by Saint John, NB:

Saint John, NB- The $205M Port Saint Jo...

All time high container throughput in the Port of Gothenburg

The following advisory was published by Port of Gothenburg:

Despite geopolitical unrest and eco...

CMA CGM readies methanol retrofits

"CMA CGM has signed up a series of containerships for a methanol dual-fuel revamp in China, joining...

Box lines launch Red Sea services despite Houthi risks

"Mainline operators which are still offering Red Sea services are configuring their routes to transi...

Weak demand and overcapacity adding to carrier Red Sea stress

"Despite the considerable disruption to container shipping caused by the Red Sea crisis, consumer de...

Georgia Ports achieves record year for autos / Renewed strength in container volumes expected in 2024

The following advisory was published by GA Ports:

The Port of Brunswick handled a record 775,56...

2023: HAROPA PORT stays on course and displays growth financial results

The following advisory was published by HAROPA PORT:

In 2023, HAROPA PORT maintains its market...

Port of Santos plans terminal expansion

"The President of the Santos Port Authority (APS) Anderson Pomini told Brazilian media that it is dr...

Keel laid for Langh Ship’s first next-generation feeder

"Finnish shipping company Langh Ship has celebrated a keel laying ceremony for its first of three ne...

Iloilo Port set for modernization as ICTSI secures 25-year concession

The following release was published by ICTSI:

The Philippine Ports Authority (PPA) has awarded...

Yang Ming not tempted to charter ships amid Red Sea crisis

"Taiwanese liner operator Yang Ming Marine Transport will not follow its peers and charter in more s...

Hapag-Lloyd publishes preliminary business figures for 2023

The following release was published by Hapag-Lloyd:

  • EBITDA and EBIT significantly lower than...

Rates boom and alliance shake-up strengthen objections to HMM sale

"It appears that the Red Sea crisis and Hapag-Lloyd’s imminent break from THE Alliance are adding we...

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...