News

Revolutionizing Green Logistics With a State-Of-The-Art Terminal and Central Hub in Rotterdam

The following release was published by Samskip:

Samskip and Matrans Rotterdam Terminal are prou...

HMM all set to test onboard carbon capture system on a 2,200 TEU boxship

"South Korean shipping company HMM is ready to conduct operational testing of its onboard carbon cap...

Port of Long Beach again named ‘Best West Coast Seaport’

"The Port of Long Beach has been named the Best West Coast Seaport in North America for the sixth ye...

Houthi threat triggers surge in pirate attacks off Somalia coast

"Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somali...

MSC East-West Network Further Enhanced By Swan-Sentosa and Britannia Service Adjustments

The following release was published by MSC:

We are delighted to announce that our new standalon...

Port call shuffle at Nhava Sheva, while ex-India rates keep rising

"Ocean service network changes, ostensibly prompted by the upcoming Gemini Cooperation between Maers...

TS Lines sails back into the transpacific trade, boosting SeaLead relaunch

"Taiwanese regional carrier TS Lines will join SeaLead Shipping’s relaunched Asia-US West Coast (AWC...

Global Trade Trends Show Positive Growth in Early 2024

"Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and...

Chinese ports break 130 million TEU mark

"Chinese ports experienced a significant increase in container throughput in the first five months o...

MSC to equal Maersk and Hapag-Lloyd’s Gemini fleet

"Gianluigi Aponte-founded Mediterranean Shipping Co (MSC) has become the first liner to command a 20...

SFL splashes $1 billion on five LNG dual-fuel containerships

"Bermuda-based shipowner and charterer SFL Corporation has placed an order for five liquified natura...

Houthi tactics take a dangerous new turn

"Attacks on merchant shipping in the Red Sea by the Houthis are growing in number, range, and sophis...

Maersk - Europe to/from North America Services TA3 proforma change

The following release was published by Maersk:

To improve the reliability of our TA3 service, w...

MSC - Temporary Port Rotation Change Gulf to SAEC String 1 Service

The following release was published by MSC:

In order to further maintain schedule reliability,...

SC Ports Makes Significant Progress on Fluidity, Vessel Queue

The following release was published by SC Ports:

With the support of the maritime community, So...

Container futures trading trend suggests no end to Red Sea crisis this year

"Trading of China’s Asia-North Europe container shipping futures saw double-digit gains for early 20...

Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration

"Maersk has pulled out of its bid to buy DB Schenker, leaving just three in the race." See the origi...

Shipper fears resurface as Canadian rail workers renew vote for strike

"Shippers are planning for supply chain disruption this month, after Canadian rail workers affiliate...

Red Sea crisis dictates container fleet capacity trends

"As anticipated, containership deployment trends in the first half of 2024 have been dictated by the...

US FMC designates HMM as state-controlled carrier

"The United States Federal Maritime Commission (FMC) designated HMM as a controlled carrier of the G...

Newbuild prices set to eclipse the highs recorded in 2008

"Newbuild prices are on track to surpass the dizzy peaks achieved in 2008." See the original story a...

Hanseatic Global Terminals: A new brand to strengthen and expand the terminal business

The following release was published by Hapag-Lloyd:

  • New brand emphasises commitment to qualit...

Hapag-Lloyd - California Central Express (CCE) service update

The following release was published by Hapag-Lloyd:

If you are shipping with our California Cen...

ONE - Launch of New Service TWP2

The following release was published by ONE:

We are thrilled to inform you of Ocean Network Expr...

PIL Enhances Korea China Straits Service (KCS)

The following release was published by PIL

Pacific International Lines (PIL) is pleased to anno...

CMA CGM takes delivery of 13K TEU LNG dual-fuel CMA CGM Belem

"French shipping major CMA CGM has taken delivery of new 13,000 TEU liquefied natural gas (LNG) dual...

Return to double-digit spot rate gains looms with new FAK hikes and surcharges

"As expected after last week’s surge in spot rate levels, this week saw more modest gains thanks to...

Indian importers turning to bulkers as box line capacity falters

"Indian importers, struggling to find space on containerships out of China amid deteriorating supply...

AD Ports Group and Saif Powertec Limited to Explore Cooperation on Multiple Port Projects in Bangladesh

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), one of th...

Feeder squeeze on the horizon

"A feeder capacity shortage could emerge in the short to medium term, according to broker Braemar, a...

Peruvian Trade Set for Boost as DP World Completes $400M Callao Port Expansion

The following release was published by DP World:

Expansion of the South Terminal at the Port of...

Wan Hai secures US$340 million in bank funding to green its Kaohsiung terminal

"Wan Hai has obtained a TW$11 billion (US$340 million) loan from a syndicate of four Taiwanese banks...

Efforts Proceed for Morocco’s New Transshipment Nador West Deepwater Port

"After more than a decade of planning, progress is being made in the development of Morocco’s new Me...

Forwarders 'being squeezed' as spot and contract rates move further apart

"Rapidly increasing spot freight rates are diverging further from contract rates, imitating the patt...

Further draft and transit improvements at the Panama Canal

"The Panama Canal Authority (ACP) has announced another increase in draft and daily transits." See t...

Wallenius Wilhelmsen Secures Multi-Year Contract Valued at $195 Million

"Global roll-on/roll-off (RoRo) shipping and vehicle logistics provider, Wallenius Wilhelmsen, has j...

Strike action in Wilhelmshaven

The following release was published by Maersk:

A.P. Moller – Maersk would like to inform you of...

ZIM updates Asia-US service network

"ZIM announced the launch of a new premium service, ZIM Central China Xpress (ZX2), connecting Centr...

MSC combines Swan and Sentosa to become a North Europe-Asia-USWC pendulum service

"MSC will combine its existing Asia-Europe Swan service with its Asia-USWC Sentosa service into a ne...

Container Prices Double, Leasing Rates Triple in China

"The average container prices in China have reached their highest in two years, at US$3,600 this wee...

Idle containership fleet dips to pandemic era lows as carriers hunt tonnage

"As global demand for box ship capacity continues to dramatically outstrip supply, the number of idl...

Singapore Port Congestion Shows Global Ripple Impact of Red Sea Attacks

"Congestion at Singapore’s container port is at its worst since the COVID-19 pandemic, a sign of how...

U.S. Industries Fearing a Port Strike Urge Biden for Help

"Dozens of US industry associations urged the White House to help restart stalled talks between East...

Bigger Ships, Bigger Risks: Navigating the Challenges of Modern Maritime Safety

"The tragic collapse of Baltimore’s Francis Scott Key Bridge in the US after it was hit by the conta...

New Director Appointed to Prince Rupert Port Authority Board

The following release was published by PRPA:

The Prince Rupert Port Authority (PRPA) announced...

Peru resolves Chinese port spat as President prepares to meet Xi

"Peru and a Chinese state-owned company resolved a dispute over the business model of a massive $1.3...

HMM takes delivery of LNG-ready HMM Ruby

"South Korean shipbuilder Hanwha Ocean has handed over a newbuild LNG-ready 13,000 TEU containership...

OOCL Names its Latest 24,188 TEU Eco-friendly Vessel “OOCL Denmark”

The following release was published by OOCL:

Orient Overseas Container Line Co., Ltd. ("OOCL")...

Transnet names Grindrod preferred bidder to develop Richards Bay box terminal

"The process of privatising South Africa’s container ports took another step forward this week when...

SC Ports Moving Forward With ILA to Reopen Leatherman Terminal

The following release was published by SC Ports:

SC Ports has reached an agreement with the Int...