News

Yang Ming Announces Financial Status for Q2 2024

The following release was published by Yang Ming:

Yang Ming Marine Transport Corporation (Yang...

by Hristijan Ivanov

MAWANI suffers another blow to total TEU in July

"The ports supervised by the Saudi Ports Authority (MAWANI) recorded a throughput decrease of 14.40...

by Hristijan Ivanov

HMM profits from container spot rate surge

"South Korean shipping line HMM reported an 88% jump in net profits in the first half of 2024 driven...

by Hristijan Ivanov

Congestion at Chittagong Worsened

"Bangladesh port congestion continues to build up over the past week with the number of ships waitin...

by Hristijan Ivanov

Tsunami of boxship orders grows as Wan Hai lines up 20 newbuilds

"Taiwan’s Wan Hai Lines has set out to expand its fleet with up to 20 methanol dual-fuel vessels." S...

by Hristijan Ivanov

Seaspan books 27 dual-fuel containerships in a major fleet renewal push

"Hong Kong-based containership owner Seaspan Corporation has entered into shipbuilding contracts for...

by Hristijan Ivanov

The Successful Delivery for M/V "SITC ZHENGDE”

The following advisory was published by SITC:

On August 6, 2024, the Delivery Ceremony of M/V “...

by Hristijan Ivanov

Maersk - Far East Asia to Middle East Services SAFINA - FI3

The following advisory was published by Maersk:

At Maersk, our top priority is to help you mana...

by Hristijan Ivanov

Oman's Port of Salalah Adapts to Red Sea Disruption

"Oman’s Port of Salalah has reported recovery in cargo traffic after a significant decline in contai...

by Hristijan Ivanov

PSA Acquires Polish Intermodal Operator Loconi International

The following release was published by PSA International:

PSA Baltics N.V., a subsidiary of PSA...

by Hristijan Ivanov

ICTSI 1H2024 Net Income up 34% to USD420.55M driven by continued strong performance from its organic terminals

The following release was published by ICTSI:

  • Throughput increased 1% to 6.31 million TEUs...
by Hristijan Ivanov

CMA CGM launch Helsingborg Express (HLX) feeder

"CMA CGM will launch a new Helsingborg Express (HLX) service connecting Antwerp, Tilbury, Helsingbor...

by Hristijan Ivanov

SITC extends MIM service to China

"SITC has revised its recently launch Malaysia-India-Myanmar (MIM) service with an extended rotation...

by Hristijan Ivanov

Explosion at Ningbo-Zhoushan port in China raises serious safety concerns in ocean container shipping

"A major explosion has occurred on a container ship while berthed at the port of Ningbo-Zhoushan in...

by Hristijan Ivanov

Explosion and fire on MSC container ship at Colombo Port

"The Sri Lanka Port Authority (SLPA) say a fire that broke out on board the MSC Capetown III on Sund...

by Hristijan Ivanov

Maersk - PANZ Service Terminal Update

The following advisory was published by Maersk:

Revisions to our ocean network are constantly i...

by Hristijan Ivanov

MSC Further Connects Asia Middle East Trade with New Clanga Service

The following release was published by MSC:

We are delighted to announce that we are launching...

by Hristijan Ivanov

Maersk enriches fleet with third large methanol-enabled container vessel

"Danish shipping giant A.P. Moller Maersk has welcomed the third large dual-fuel methanol-enabled co...

by Hristijan Ivanov

Houthis strike feeder boxship and tanker

"One of Greek ship owner Contships Management’s container ships was hit by Houthi missiles on 8 Augu...

by Hristijan Ivanov

Container explodes on Yang Ming box ship in Chinese port

"A container has exploded today onboard Yang Ming-owned YM Mobility, at a box terminal in the Beilun...

by Hristijan Ivanov

Container rates ex-China dip – just a glitch, as demand stays strong

"A minor 3% drop this week in the Drewry World Container Index (WCI), continuing a trend which began...

by Hristijan Ivanov

U.S. Container Ports Face Record Cargo Surge Ahead of Possible Port Strike

"Monthly inbound cargo volume at major U.S. container ports is expected to approach record levels as...

by Hristijan Ivanov

MSC wins Best Shipping Line for Asia-Africa

"Mediterranean Shipping Company (MSC) has been awarded with the “Best Shipping Line – Asia-Africa” a...

by Hristijan Ivanov

MSC revives Asia-USEC Liberty service, despite threat of port strikes

"MSC is reintroducing its Asia-US East Coast Liberty service today, as rates on the tradelane contin...

by Hristijan Ivanov

Shippers 'running out of options' to get their peak season goods out of Asia

"Cargo owners that haven’t made firm arrangements to move peak season cargo out of Asia by air are r...

by Hristijan Ivanov

Record-Breaking Ocean Container Shipping Demand from China

"Ocean container shipping demand from China to North America and North Europe hit record highs in Ju...

by Hristijan Ivanov

COSCO SHIPPING pushes towards digitalisation

"COSCO SHIPPING has focused on building a shipping technology enterprise, integrating technologies s...

by Hristijan Ivanov

Shanghai port adds capacity with new automated terminal

"Shanghai International Port Group (SIPG) has launched the first phase of Luojing terminal with five...

by Hristijan Ivanov

Extra container terminal capacity under development in Mexico as Chinese trade surges

"Extra container port capacity is being readied at one of this year’s top growth spots on the liner...

by Hristijan Ivanov

Georgia Ports expanding inland connectivity

The following release was published by Georgia Ports:

The Georgia Ports Authority is expanding...

by Hristijan Ivanov

Panama Canal increases maximum allowable draft to 49 feet

"The Panama Canal announced through an Advisory to Shipping, that effective immediately, the maximum...

by Hristijan Ivanov

Yilport unveils new container berth and yard at Puerto Bolívar

"Türkiye-based port and terminal operator Yilport announced the inauguration of Container Berth #6 a...

by Hristijan Ivanov

MSC Improves its Asia North Europe Network

The following advisory was published by MSC:

MSC Mediterranean Shipping Company is pleased to i...

by Hristijan Ivanov

The Port of Virginia’s expanded central rail yard is fully operational

The following release was published by Port of Virginia:

*Central Rail Yard Goes to Work; Proje...

by Hristijan Ivanov

Maersk u-turns on congestion claim at Tanjung Pelepas

"Earlier today, The Loadstar reported that the port of Tanjung Pelepas’ (PTP) record-breaking month...

by Hristijan Ivanov

Bio-methane will be at least part of shipping’s fuel future, says Maersk

"Maersk has expounded on its apparent u-turn on LNG, which gave the industry pause after criticism o...

by Hristijan Ivanov

Despite weak H1 numbers, Maersk CEO says business 'trending in the right direction'

"After a “better-than-expected” first quarter, as it rounded out the half-year, Maersk today claimed...

by Hristijan Ivanov

MSC now 'dominating' ocean carrier market – but rivals are also boosting capacity

"MSC set a new record for its share of ocean carrier capacity last month, with the latest data confi...

by Hristijan Ivanov

Hutchison Ports BEST is once again contributing to the Port of Barcelona’s expansion

The following was published by Port of Barcelona:

Last week BEST container terminal at the Por...

by Hristijan Ivanov

Canada labor minister launches talks to avert rail strike

"Negotiations to avert a major railroad strike in Canada will resume on Wednesday after talks betwee...

by Hristijan Ivanov

Supply chain chaos grips Bangladesh in wake of PM’s resignation

"Supply chain chaos across Bangladesh, the world’s third-largest exporter of clothing, has created t...

by Hristijan Ivanov

Arctic Northern Sea Route a new way to avoid the Red Sea?

"Chinese general cargo vessels have found a novel way around the problems in the Red Sea – sailing v...

by Hristijan Ivanov

Port of Tanjung Pelepas sets new TEU record

"The Port of Tanjung Pelepas (PTP) has set a new record by handling 1.11 million TEU in July." See t...

by Hristijan Ivanov

Mindanao Container Terminal welcomes new China-PH service

The following was published by ICTSI:

Mindanao Container Terminal (MCT), International Containe...

by Hristijan Ivanov

Shippers say independent carrier visibility can benefit market

"Shipping line customers have longed for independent data that will assist them in understanding how...

by Hristijan Ivanov

MSC contacts defunct Rongsheng shipyard for its next wave of boxship orders

"Global shipbuilding capacity is set to grow by a percent with the reactivation of one of the most f...

by Hristijan Ivanov

Adani Ports undercuts Colombo to boost hub prospects for Vizhinjam Port

"High port tariffs that have long proved to be a deterrent for container lines to open more direct c...

by Hristijan Ivanov

Houthis restart attacks in the Gulf of Aden

"Yemen’s Houthi movement said over the weekend that it targeted the 2,500 teu Groton containership o...

by Hristijan Ivanov

Spot rate volatility spreads amid disruption, bumping up long-term prices

"The latest Drewry World Container Index (WCI) of container shipping rates remained stubbornly high...

by Hristijan Ivanov

The Valencia Containerised Freight Index (VCFI) decreases in July by -3.01%

The following was published by Port of Valencia:

The Valencia Containerised Freight Index (VCFI...

by Hristijan Ivanov