News

Jawaharlal Nehru Port records highest-ever monthly container traffic

"The Jawaharlal Nehru Port Authority (JNPTA) has revealed that it handled 603,219 TEU in July, the b...

by Hristijan Ivanov

East Coast, Gulf dockworkers to meet next month on strike plan

"A labor strike that would shut down six out of 10 of the busiest ports in the US just weeks before...

by Hristijan Ivanov

Panama Canal rolls out new booking system for large vessels

"The Panama Canal has introduced a new Long-Term Slot Allocation (LoTSA) Method for Neo-Panamax vess...

by Hristijan Ivanov

Taiwanese government to back Yang Ming’s fleet expansion

"Taiwan’s Transportation and Communications Minister Li Meng-yen said at a press conference on 30 Ju...

by Hristijan Ivanov

Maersk Sees Red Sea Disruption Lasting Through 2024

"The global transport disruptions caused by the conflict in the Red Sea will last longer than expect...

by Hristijan Ivanov

Norfolk Southern to make strategic investments in Alabama

"Norfolk Southern Corporation is investing to grow capacity on a key rail line in the state of Alaba...

by Hristijan Ivanov

Newbuilding orders at Chinese shipyards up 43% in H1

"Shipbuilding output, new contracts, and orders on hand of China maintained double-digit growth in t...

by Hristijan Ivanov

A.P. Møller - Mærsk A/S – Trading update for Q2 and adjustment of full-year guidance 2024

The following advisory was published by Maersk:

Based on preliminary figures, A.P. Møller - Mær...

by Hristijan Ivanov

Unifeeder launch Egypt-Aegean feeder

"Unifeeder has launched a new Egypt-Aegean feeder service connecting Port Said East, Thessaloniki, I...

by Hristijan Ivanov

CStar Line to cut Russia feeder services for more-profitable Red Sea routes

"Dubai-based Russia-focused CStar Line, which emerged in the market a year ago, is axing most of its...

by Hristijan Ivanov

Ports struggle with congestion as Red Sea crisis and front-loading boost volume

"The latest port congestion data reveals that shippers are grappling with extensive dwell times as t...

by Hristijan Ivanov

Virginia Completes FY 2024 with Growth in Cargo Volumes and Progress on Infrastructure Projects

The following advisory was published by Port of Virginia:

The Port of Virginia® closed fiscal y...

by Hristijan Ivanov

US court rules in DP World’s favour over Djibouti legal battle

"DP World scored another win its ongoing legal wrangle with the Government of Djibouti over Doraleh...

by Hristijan Ivanov

Port of Koper commences container terminal expansion project with public procurement

The following advisory was published by Port of Koper:

In the last few days, Luka Koper publish...

by Hristijan Ivanov

Adani mulls $2 billion Danang coastal port project, Vietnam says

"Indian billionaire Gautam Adani is mulling an investment of more than $2 billion in a port in Vietn...

by Hristijan Ivanov

Yang Ming completes top management reshuffle

"Taiwanese shipping line has completed a top management reshuffle with Cliff Pai promoted to preside...

by Hristijan Ivanov

Panama Canal to allow 36 daily transits by September

"Consistently strong rains will allow the Panama Canal to accommodate 36 transits a day from Septemb...

by Hristijan Ivanov

ZIM Celebrates Grand Opening of New USA Headquarters in Virginia Beach

The following advisory was published by ZIM:

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM)...

by Hristijan Ivanov

Konecranes to Build Ports Cranes in the U.S. to Loosen China’s Monopoly

"Finnish-based port equipment manufacturer Konecranes is joining the White House-led efforts to deve...

by Hristijan Ivanov

Box lines set for price hikes in August to halt Asia-US West Coast rate slide

"Mainline operators are looking for a a price hike in Asia-US West Coast rates in mid-August to undo...

by Hristijan Ivanov

New cranes at ICTSI’s Manila flagship now fully operational

The following advisory was published by ICTSI:

Manila International Container Terminal (MICT),...

by Hristijan Ivanov

ONE increases profit forecast to $2.74 billion

"Ocean Network Express (ONE) has announced its financial results for the first quarter of the financ...

by Hristijan Ivanov

Red Sea crisis hits volumes at port of Piraeus

"Greece’s largest port of Piraeus has recorded a drop in container traffic in the due to the Red Sea...

by Hristijan Ivanov

CNC Line-operated boxship grounds after hitting Busan breakwater

"A boxship operated by CMA CGM’s intra-Asia subsidiary CNC Line remains anchored in Busan after runn...

by Hristijan Ivanov

Shippers 'at a loss' as Red Sea ripples spread across container trades

"“Deep repercussions” from the “ripple effects” of the Red Sea crisis have surprised shippers, accor...

by Hristijan Ivanov

DP World Supercharges Asia Pacific Trade With Network Expansion

The following advisory was published by DP World:

DP World has inaugurated 51 new freight forwa...

by Hristijan Ivanov

Port Houston Surpasses 2M TEUs Faster Than Ever

The following advisory was published by Port of Houston:

Port Houston, the fifth-largest contai...

by Hristijan Ivanov

CSSC adds $690m of extra shipyard capacity

"China State Shipbuilding Corp (CSSC) is expanding production capacity. The state-run shipbuilding g...

by Hristijan Ivanov

Turkey to implement its own emissions trading scheme for shipping

"Shipowners looking to Europe’s eastern edge to skirt around new environmental regulations will have...

by Hristijan Ivanov

Indiana and Antwerp-Bruges ports MoU aims for direct service

"The Ports of Indiana and Antwerp-Bruges have signed a Memorandum of Understanding (MoU) to work tog...

by Hristijan Ivanov

Hapag-Lloyd - India-Europe Express (IEX) service update

The following advisory was published by Hapag-Lloyd:

If you are shipping with our South East In...

by Hristijan Ivanov

MSC Reinstates and Enhances Liberty Service from Asia to USEC

The following advisory was published by MSC:

MSC is delighted to announce the reinstatement and...

by Hristijan Ivanov

MSC Reshuffles its Asia-Oceania Network

The following advisory was published by MSC:

MSC is announcing the reshuffle of its Asia-Oceani...

by Hristijan Ivanov

Bangladesh apparel shippers hit by delays face cost hike as they turn to air freight

"Bangladeshi garment makers are facing up to using costly airfreight amid spiking customer demand af...

by Hristijan Ivanov

Rail freight round-up: Le Shuttle traffic falls; a loco lack in Russia; China-to-Europe rates rise

"Europe and Russia may be struggling, as far as rail freight goes, but there are signs that for Chin...

by Hristijan Ivanov

CMA CGM - Second-quarter 2024 financial results

The following release was published by CMA CGM:

  • An increase in business volumes driven by sus...
by Hristijan Ivanov

ONE - Revamp of KVT Service

The following advisory was published by ONE:

Ocean Network Express (ONE) is delighted to announ...

by Hristijan Ivanov

Port of Colombo ranked best performing port in growth

"Alphaliner has designated the Port of Colombo as the best-performing port in the world for the firs...

by Hristijan Ivanov

Chinese ports hit 160 million TEU in H1 2024

"The container throughput of Chinese ports rose to 161.8 million TEU in the first half of 2024, a ye...

by Hristijan Ivanov

Threat of Canada West Coast port strike grows

"The International Longshore and Warehouse Union (Canada) is balloting its members across ports in B...

by Hristijan Ivanov

BIMCO reports quickest growth in 15 years for containership fleet

"The Baltic and International Maritime Council (BIMCO) has revealed that the capacity of the contain...

by John Kuiyaki

NWSA Terminal 5 gets refrigerated container upgrades

"The Northwest Seaport Alliance (NWSA) has announced that its Terminal 5 (T5) refrigerated container...

by John Kuiyaki

Ship diversions hit main Asian hubs with $131 billion trade loss

"Russell Group, a data and analytics company, has reported that $131 billion in trade is at risk of...

by John Kuiyaki

Firefighting on Maersk Frankfurt continues into sixth day

"The Indian Coast Guard (ICG) continues to battle to extinguish the fire on board the Maersk-charter...

by John Kuiyaki

MSC breaks ground on Paris multimodal terminal

"Mediterranean Shipping Company (MSC)’ s logistics arm, Medlog, has broken ground on a new multimoda...

by John Kuiyaki

Maersk Frankfurt owner declares General Average, as fire-fighting continues

"Shippers with cargo on the Maersk Frankfurt, which has suffered fires on board for six days, have b...

by John Kuiyaki

Hapag-Lloyd increases rates from Latin America East East Coast to North America, Central America and Caribbean

"German ocean carrier Hapag-Lloyd has announced a new General Rate Increase (GRI) from Latin America...

by John Kuiyaki

The Philippines ‘racing against time’ to avert nation’s worst oil spill

"The race is on just outside the Philippine capital to avert the worst oil spill in the country’s hi...

by John Kuiyaki

Maersk settles case with US Department of Labor

"As part of a settlement with the US Department of Labor, Maersk Line Limited – Maersk’s American su...

by John Kuiyaki

Capacity across big three shipbuilding nations leaps 20% in a year

"Across China, shipyards are expanding and churning out ships on a scale not seen since 2008. The sh...

by John Kuiyaki