News

Cape diversions see shipping emissions soar

"The extraordinary redrawing of the seaborne trading map between Asia and Europe over the past coupl...

Stopping Houthi ship attacks will take time, Biden adviser says

'US military action to deter Iranian-backed groups such as Yemen’s Houthi rebels will take time and...

Spot rates from Asia 'out of control': pre-CNY quotes of $10,000+ reported

"Container spot rates from Asia to the US and Europe continued to soar this week as a swift solution...

Dubai and Pakistan to Cooperate on Rail, Economic Zones & Infrastructure Improvement

The following release was published by DP World:

The governments of Dubai and the Islamic Repub...

Shanghai plans series of 20 electric boxships for river trade

"The city is of Shanghai is rapidly developing a pure-electric powered vessel project for river and...

Maersk - Rotation Change on Sakura Service

The following release was published by Maersk:

As part of our continuous efforts to streamline...

Port Houston Finishes 2023 Strong

The following release was published by Port Houston:

Port Houston ended the year on a high note...

Long Beach surpasses 8 million TEUs in 2023

"The conclusion of 2023 saw the Port of Long Beach (POLB) handle 8,018,668 TEUs, marking a 12.2% dec...

Australia Port Strike Deadlock Continues as Government Says No Intervention

"Hopes that the Australian government would help to break the deadlock in the wage negotiations for...

Capacity concerns over Maersk's Panama Canal rail bypass

"Maersk’s move to insert a land link into its service from Oceania to the US east coast, to bypass t...

Gemini partners Maersk and Hapag opt for 'hub & spoke' operation

"The liner industry’s new vessel-sharing alliance, the Gemini Cooperation, will buck the recent tren...

African Ports See Higher Refueling Demand as Vessels Round Cape

"African ports from Namibia to Mauritius are becoming more popular as refueling stops for vessels sh...

Dole Food Company adds second weekly service at Port Wilmington

"Enstructure, a leading U.S. marine terminal and logistics company, and Dole Food Company recently a...

HMM, ONE and Yang Ming urgently seek to fill Hapag-Lloyd void

"Reliability is king was the message coming from both Hamburg and Copenhagen yesterday as new liner...

Ships waiting for Panama transit slashed in half

"The queue of ships waiting at both ends of the Panama Canal stands at just half the historical aver...

Malaysian shippers should source closer to home to avoid delays

"Amid the Red Sea crisis, Malaysian manufacturers have been urged to source raw and intermediate mat...

Maersk CEO Sees Red Sea Shipping Disruption Lasting ‘at Least a Few Months’

"Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks...

Suez Canal Transits Fall to Lowest Level Since Ever Given Grounding

"Commercial ship transits through the Suez Canal dropped to the lowest level since the Ever Given bl...

Saudi Ports Authority "Mawani", announced a 12.07% increase in container handling across the ports under its management in 2023

The following release was published by Mawani:

A total of 8,443,746 TEU were handled, marking a...

Shippers welcome the Gemini alliance

"The new Gemini Cooperation alliance of Maersk and Hapag-Lloyd is seen as positive news by shippers...

Gemini will bring 'murder on the (liner shipping) dancefloor'

Despite Maersk chief executive Vincent’s Clerc’s repeated assertions that Maersk was set to sail an...

Carrix integrates Ceres Terminals into SSA Marine

"Carrix, a leading marine terminal operator in the U.S. and the Americas, today announced the rebran...

Port of Los Angeles Finishes 2023 With Five Months of Year-Over-Year Growth

The following release was published by Port of Los Angeles:

*After Slow Start, Port finishes 20...

Europe’s cargo delays seen short-lived as supply networks adjust

"The cargo delays hitting some European companies because of Red Sea ship attacks should be short-li...

CMA CGM to reshuffle TMX 2, its service linking Turkey, Malta, Italy, France & Algeria

The following release was published by CMA CGM:

As there are always BETTER WAYS to address a ma...

CMA CGM to reshuffle TYRREX 2, its service linking Malta, Western Italy, Sicily, Malta, Algeria

The following release was published by CMA CGM:

As there are always BETTER WAYS to address a ma...

CULines launches Red Sea service as Houthi target area expands

"China United Lines has joined the latest opportunists to launch a container shipping service throug...

Wan Hai Lines Holds Naming Ceremony for 13,100teu Newbuilding “WAN HAI A13”

The following release was published by Wan Hai Lines:

Wan Hai Lines Ltd. held ship naming cerem...

Ocean Network Express Steps Forward With Its Green Strategy: Announcement of the Inaugural Fleet of 12 Methanol Dual-Fuel Containerships

The following release was published by ONE:

Ocean Network Express Pte. Ltd. (ONE) has signed Sh...

Maersk and Hapag-Lloyd are entering into an operational cooperation

The following release was published by Maersk:

Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S, an...

Add soaring insurance bills to mounting Red Sea trade chaos

"The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a furth...

Australian government to meet with DP World in bid to settle stevedore dispute

"With Australia’s maritime union still standing firm in its dispute against the country’s second-lar...

Box lines poised for first-quarter windfall

"Mainline operators can expect a windfall for the first quarter of 2024, as the surge in freight rat...

Fatal Accident Causes Hanwha Ocean to Suspend Production

"South Korea’s third-largest shipbuilder, Hanwha Ocean, reports work was suspended at its shipyard f...

Container shortage starts to bite, adding to pressure on costs

"The predicted container shortages are beginning to bite amid the chaos thrown up in the Red Sea and...

Maersk the most active carrier in a 'hectic' charter market

"Maersk was reported to be “the most active operator” in the containership charter market last week,...

China’s Suez Investments Face Uncertainty in Red Sea Crisis

"China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically wi...

Port of Singapore enjoys record container throughput in 2023

"Container throughput at the Port of Singapore in 2023 grew by 4.6 per cent reaching a new high of 3...

Red Sea crisis triggers 40 per cent drop in Suez Canal revenues

"Egypt’s Suez Canal’s revenues are reportedly down by 40 per cent from the beginning of this year co...

Red Sea disruption, container freight rates, and shipper disputes

"Soaring freight rates and an upturn in financial fortunes are in focus at the US’ Federal Maritime...

Maersk charters ships from ONE and Wan Hai due to “insufficient” fleet

"Maersk Line, which had not been as aggressive as its rivals in ordering newbuildings, is now findin...

Seaspan welcomes another 15K TEU boxship, ONE Focus

"The fifth 15,000 TEU containership ONE Focus, built by Chinese shipbuilder Yangzijiang Shipbuilding...

RCL orders boxship quartet in China

"Multiple broking reports note Thai liner Regional Container Lines (RCL) has gone to southern China...

Vietnam’s liner shipping connectivity leaps

"Vietnam’s emergence as a manufacturing powerhouse is showing up in ever greater detail on the globa...

PSA International’s 2023 Container Throughput Performance

The following release was published by PSA International:

PSA International Pte Ltd (PSA) enjoy...

West coast ports brace for new import surge – 'but they can cope this time'

"US west coast ports are bracing for a surge in imports, driven by the convergence of supply chain a...

Some ro-ro operators carry on sailing, even as Red Sea conflict heats up

"Some ro-ro operators are chancing their vessels transiting the Red Sea, just as the crisis deepens...

Container Rates Soar on Concerns of Prolonged Red Sea Disruption

"Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes...

Houthis defiant despite repeated strikes on Yemeni bases

"The Middle East remains a dangerous, red-hot cauldron for merchant shipping with many actors from v...

Cost To Jump Panama Canal Line Just Got A Whole Lot Cheaper

"The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped fro...