News

South Africa’s exporters brace for major hit as Transnet strike gains momentum

"Industrial action at South Africa’s ports and freight-rail operator Transnet is set to worsen as th...

Shipping traffic halted following Crimea bridge attack

"Shipping from the Sea of Azov to international markets came to a standstill over the weekend in the...

US truckload spot rates stabilizing after summer slump

"Trucking spot market rates fell last month for the first time in a September since 2019, including...

Crew evacuated from burning boxship off Saudi

"Container ship TSS Pearl has been abandoned in the Red Sea Northwest of Jizan Port due to a fire. S...

Spot rate carnage could result in more ships laid up, 'with worse to come'

"Ocean carriers could be forced to mothball more eastbound transpacific US west coast loops, and the...

Cosco bid for stake in Hamburg box terminal still hangs in the balance

"Uncertainty remains over the purchase of part of Hamburg’s Container Terminal Tollerort (CTT) by Co...

Port of Antwerp-Bruges, PSA Antwerp give green light for box terminal renewal

"Port of Antwerp-Bruges and PSA Antwerp approved the renewal of the quayside and terminal at Europa...

CMA CGM: No single fuel can achieve carbon zero

"French shipping giant CMA CGM believes that there is no one fuel that can achieve the industry’s mo...

South Korea’s Minister: HMM divestment depends on market conditions

"South Korea’s Minister for Oceans and Fisheries Cho Seung-hwan said on 6 October that stock market...

Yangzijiang Shipbuilding bags 22 newbuild orders

"Chinese shipbuilder Yangzijiang Shipbuilding has sealed new shipbuilding contracts for 22 vessels w...

US retailers downgrade import forecast for balance of 2022

"US retailers Friday said they now expect October imports to fall 9.4 percent year over year – essen...

GT USA faces board shake-up amid planning for new Wilmington box terminal

"Port of Wilmington operator GT USA said it’s going forward with plans to develop a new $410 million...

POSEIDON ACQUISITION CORP. CONTINUES DISCUSSIONS TO ACQUIRE ALL COMMON SHARES OF ATLAS CORP. NOT CONTROLLED BY ITS MAJORITY SHAREHOLDERS FOR $15.50 PER SHARE IN CASH

The following release was published by Ocean Network Express (ONE):

Poseidon Acquisition Corp.,...

PortMiami continues digitisation of STS cranes

"PortMiami Crane Management, Inc., (PMCM) has appointed PACECO MOMENTUM to install the digitalisatio...

Maersk Performance Team deploys electric trucks in Southern California

"Maersk Performance Team has deployed its first Class 8 battery-electric trucks from Volvo Trucks No...

HHLA Container Terminal Altenwerder orders battery-powered tractors

"HHLA Container Terminal Altenwerder (CTA) has ordered seven new battery-powered tractor units in a...

Indian container trade flows begin to moderate amid export growth pressure

"According to the latest port data secured by Container News, the pace of Indian containerised trade...

Oil leaks from Sinokor boxship in South Korea

"One of Sinokor Merchant Marine's container ships, the 1,050 TEU Niigata Trader, apparently leaked 1...

Transnet declares force majeure at South African ports over strike

"South African terminal operator Transnet has declared force majeure at its ports over a strike by w...

Port Houston orders 26 hybrid Konecranes RTGs

"Port Houston has ordered 14 hybrid Konecranes rubber tyred gantry cranes (RTGs) for its Barbours Cu...

USDOT grants $39 million to fund port projects

"The majority of some $39 million in federal port grants awarded this week will go toward 11 project...

Houston eyes long-dwell fee for imports as shippers shun Saturday gates

"Houston is the latest US port to consider imposing a fee on long-dwelling containers as it looks to...

Ian recovery will exacerbate Florida truckload rate imbalance: analyst

"While the damages from Hurricane Ian are still being tallied, initial estimates place the economic...

MSC Updates Noumea Express Service

The following release was published by *Mediterranean Shipping Company (MSC):*

MSC is pleased...

Cyber Attacks On the Rise at US Ports and Terminals

"Cyber attack attempts are becoming more common at U.S. ports and terminals, according to findings p...

Hurricane Ian cripples Southeast US supply chains

"Supply chains in the Southeast US have been severely impacted due to the continued fallout from Hur...

Port of Santos container volumes 2.9% in Jan - Aug

"Container throughput at the Port of Santos grew 2.9% to 3.3m teu in the period January-August compa...

RCL kick-starts predicted new round of boxship demolition as rates fall

"Thai intra-Asia carrier Regional Container Lines has ended a nine-month drought in box ship demolit...

Alert for cargo even as Vietnam becomes SE Asia's fastest-growing economy

"Backed by booming exports, Vietnam is on track to become South-east Asia’s fastest-growing economy...

Lines and shippers clash over CBER extension

"Αs the European Commission considers renewing the Consortia Block Exemption Regulation (CBER) that...

CMA CGM announces new PSS from North Europe to Central America & Caribbean

"CMA CGM has announced new peak season surcharges (PSS) from North Europe to Central America and the...

Mediterranean markets face ‘potential feeder containership shortage’

"The impact of environmental regulations on an older fleet could tighten available tonnage in southe...

"Overtime" Boxes Clog Nigeria's Container Terminals

"Container terminals try to discourage long dwell times for cargo, and Lagos' gridlock shows why. Ov...

Tidal wave of new container ships: 2023-24 deliveries to break record

"Shipping adheres to a time-honored tradition: When shipowners make exceptionally high profits, they...

MAWANI, Globe Group ink contract for logistics park at Jeddah Islamic Port

"The Saudi Ports Authority (MAWANI) has signed a contract with Globe Group to develop an integrated...

Hapag-Lloyd AG acquires terminal business of SM SAAM S.A.

The following release was published by Hapag-Lloyd:

Acquires stake in 10 terminals in six countr...

Charterers take back market control as containership hire rates collapse

"The containership charter market bubble appears to have burst, according to MSI’s Horizon report fo...

South African transport unions threaten strike action over pay dispute

"South Africa's United National Transport Union (UNTU) has served a 48-hour notice on the country's...

Tumbling freight rates may delay Korean government sale of shares in HMM

"The South Korean government should not rush into selling off its stake in flagship liner operator H...

Chittagong port sees significant fall in box handling in September

"Container handling at Bangladesh’s prime seaport, Chittagong, fell significantly in September with...

CMA CGM new panamax vessel breaks Australia’s record at Port Botany

"Australia's major container terminal operator, Patrick Terminals has announced that the 10,926 TEU...

Maersk orders six 17,000 TEU methanol-fuelled vessels

"Maersk has ordered six additional container ships that can sail on green methanol, which will be bu...

Alibaba-linked Transfar readies for its largest fleet expansion

"Singapore-registered, Alibaba-linked Transfar Shipping is gearing up for its most significant expan...

Call to action moves thousands of containers from NY-NJ port

"On August 1, the Port of New York and New Jersey (PANYNJ) announced a new container imbalance tarif...

Port of Long Beach reports increased GHG emissions in 2021

"The Port of Long Beach issued its 2021 emissions inventory report this week, presenting both good a...

Port of Dover wins bid for zero-carbon route study

"The Port of Dover has won its bid to fund the Green Corridor Short Straits (GCSS) consortium’s feas...

APMT, Aqaba Development Cooperation agree to $242 million box terminal extension

"APM Terminals (APMT) and Aqaba Development Cooperation have signed a Memorandum of Understanding fo...

CMA CGM launches green early container return incentive

"CMA CGM group has launched an early container return incentive in the US. TEUs to Trees is designed...

Mexican ports cargo volume up 9.3% through to end August

"Mexico's ports moved 5.58m teu during the months of January to August, up 9.3% from 5.11m teu compa...

Dispute over charter deal leaves Allseas vessel stranded at Rotterdam

"Allseas Pioneer, a ship chartered by Allseas, has been moored at Rotterdam since 30 August, and is...