News

LA/Long Beach Rail Union Reaches Labor Agreement Far in Advance

"In an era of contentious labor relations in the ports sector, news of an amicable and timely contra...

by Hristijan Ivanov

CMA CGM reportedly behind order for 12 new 15,500 teu box ships

"CMA CGM is reportedly behind the order for a dozen 15,500 teu newbuildings announced today by Korea...

by Hristijan Ivanov

FMC halts Gemini alliance and demands more info from Maersk and Hapag

"Maersk and Hapag-Lloyd’s Gemini Cooperation, a capacity-sharing alliance between the second and fif...

by Hristijan Ivanov

Cosco Shipping Ports Abu Dhabi terminal surpasses 5 million teu mark

"Chinese operated CSP Abu Dhabi Terminal opened in December 2018 has seen new services this year boo...

by Hristijan Ivanov

Kerala transhipment hub welcomes first Maersk vessel

"The Indian ports scene has entered a new, more sophisticated era with the call of the 300 m long, 8...

by Hristijan Ivanov

Chinese Line Launches New Arctic Container Service to Arkhangelsk

"China NewNew Shipping, the operator of the "Ice Silk Road" Arctic route from Shanghai to St. Peters...

by Hristijan Ivanov

Shortage of reefer boxes plays havoc with India's export schedules

"Indian cool chain shippers could miss some export order commitments to western buyers for the upcom...

by Hristijan Ivanov

Port hopes rise after call for delay to 'unfair' US tariff on Chinese cranes

"US ports, facing millions of dollars in extra costs due to the 1 August 25% tariff on Chinese-made...

by Hristijan Ivanov

MSC settles $696m purchase of PCTC provider Gram Car Carriers

"MSC, via its SAS Shipping Agencies Services subsidiary, yesterday announced the settlement of its a...

by Hristijan Ivanov

Valencia Containerised Freight Index drops in June

"The Valencia Containerised Freight Index (VCFI) for the month of June has decreased slightly." See...

by Hristijan Ivanov

First 21,000 TEU containership arrives at La Spezia Container Terminal

"The Contship Group’s Gateway terminal has announced it is all set to receive the 21,000 TEU Ultra L...

by Hristijan Ivanov

ONE’s New Service Launch - Asia Latin America 4 Express (ALX4)

The following advisory was published by ONE:

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

by Hristijan Ivanov

CMA CGM MASAI MARA, CMA CGM LEBU, CMA CGM KRIBI recovery plan due to Weather delays around the South African coast

The following advisory was published by Maersk:

Please be advised that The CMA CGM MASAI MARA h...

by Hristijan Ivanov

CMA CGM vessel loses 44 containers off South Africa

The following release was published by CMA CGM:

On Tuesday 9th July 2024, while proceeding on h...

by Hristijan Ivanov

Hapag-Lloyd eyes bigger profits as freight rates continue to rise

"On the back of rocketing spot freight rates, Hapag-Lloyd upped its 2024 financial guidance after re...

by Hristijan Ivanov

Relaunch of MSC's Mustang service delayed by congestion at Singapore

"Congestion around Singapore port has delayed the relaunch of MSC’s standalone Mustang transpacific...

by Hristijan Ivanov

The age of alliance domination of east-west box trades may be over

"The market share of independent container shipping services on the major east-west deepsea trades h...

by Hristijan Ivanov

Port of Los Angeles Completes $73 Million On-Dock Rail Expansion Project on Pier 400

The following release was published by Port of Los Angeles:

*Project Will Improve Cargo Flow, R...

by Hristijan Ivanov

PSA Group and Singapore Mitigate Impact of Global Supply Chain Disruptions

The following release was published by PSA Singapore:

PSA Singapore (PSA), a major global trans...

by Hristijan Ivanov

Attacks on Red Sea shipping bankrupt Israeli port

"The economic effects of the Houthi strikes against Red Sea shipping became evident with the Port of...

by Hristijan Ivanov

X-Press Feeders Starts Europe’s First Feeder Network Powered by Green Methanol, Ushering in New Era of Sustainable Shipping

The following release was published by X-Press Feeders:

New Green Network Starts with Rotterdam...

by Hristijan Ivanov

Concern over rates peak and Hamas ceasefire 'spooks' container futures

"Reports of renewed discussions for a ceasefire between Israel and Hamas have startled shippers and...

by Hristijan Ivanov

U.S.-Flagged Containership Targeted by ‘Flying Object’ in Gulf of Aden

"A containership operated by Maersk’s U.S.-flagged shipping arm reported an attack in the eastern Gu...

by Hristijan Ivanov

Singapore Container Ship Logjam Spills Over to Malaysian Port

"Container ship congestion in Singapore, one of Asia’s busiest ports, is spreading to neighboring Ma...

by Hristijan Ivanov

Port of Oulu acquires new Konecranes equipment

"The Port of Oulu in Finland has ordered a Konecranes Gottwald ESP.7 Portal Harbor Crane to improve...

by Hristijan Ivanov

Port Houston resumes operations after Hurricane Beryl

"Port Houston in Texas has resumed operations on Wednesday, July 10, after being shut down since Mon...

by Hristijan Ivanov

Ningbo-Zhoushan port sees 8.4% container volume growth in H1

"Box volumes at the world’s third largest container port Ningbo-Zhoushan port were up in the first h...

by Hristijan Ivanov

Schedule Reliability Scorecard (SRS) for Q2 2024

The analysis covers carrier performance, trade lane efficiency, and regional and port-specific relia...

by Hristijan Ivanov

Strike action in Bremerhaven and Hamburg

The following release was published by Maersk:

Collective Agreement Negotiations between termin...

by Hristijan Ivanov

Panama Canal details new reservoir project

"The Panama Canal Authority has given itself a six-year deadline to complete the construction of a g...

by Hristijan Ivanov

Container shipping will be hit hardest by upcoming FuelEU Maritime regulation

"New analysis from Germany shows the container sector faces the brunt of penalties from the upcoming...

by Hristijan Ivanov

Booming intra-Asia trade pushes container traffic to new monthly record

"New data from Container Trade Statistics (CTS) shows global container traffic in May hit a new mont...

by Hristijan Ivanov

Maersk CEO Warns of Prolonged Challenges Due to Red Sea Disruptions

"Maersk highlighted significant challenges posed by the ongoing Red Sea situation, which has forced...

by Hristijan Ivanov

APM Terminals Suape concludes acquisition of equipment for 100% electrified terminal

The following release was published by APM Terminals:

APM Terminals Suape, Brazil, has complete...

by Hristijan Ivanov

Hurricane Beryl: Houston and Galveston ports closed, Corpus Christi reopening

"Ports in Texas were assessing the damage from Hurricane Beryl on Monday with some facilities reopen...

by Hristijan Ivanov

Strike action by BC ship and dock foremen averted by “rescind” decision ordered by Canada Industrial Relations Board

"Following a case management conference after the British Columbia Maritime Employers Association (B...

by Hristijan Ivanov

CMA CGM to revamp its PGEC service

The following release was published by CMA CGM:

In our continuous effort to enhance our Portuga...

by Hristijan Ivanov

Extreme Weather Warning : South African Coast

The following release was published by Maersk:

Kindly note that extreme weather conditions incl...

by Hristijan Ivanov

Maersk to test new Indian port of Vizhinjam with pilot call

"The heightened terminal capacity pressure at Sri Lanka’s Colombo Port, amid volume spikes from the...

by Hristijan Ivanov

Porto Itapoá enjoys historic first half of 2024

"Porto Itapoá has achieved its most successful semester and month in its history during the first ha...

by Hristijan Ivanov

Major ports in Texas closed as tropical storm Beryl approaches

"The ports of Houston, Corpus Christi, Galevston, Freeport and Texas will all be closed on Monday du...

by Hristijan Ivanov

ILWU Plans Strike at DP World Canada Starting Monday

"The International Longshore and Warehouse Union (ILWU) has notified terminal operator DP World Cana...

by Hristijan Ivanov

COSCO launches maiden voyage of Transpacific service

"On 24 June, COSCO's SEA3 route successfully embarked on its maiden voyage with the Xin Fei Zhou dep...

by Hristijan Ivanov

Port of NY/NJ sees container surge in May

"For the third month in a row, total volume at the Port of New York and New Jersey exceeded 700,000...

by Hristijan Ivanov

Bangladesh eyes Indian ports for external trade

"Bangladesh now wants to use Indian ports for its external trade with third countries." See the orig...

by Hristijan Ivanov

'Surprising' amount of new capacity going to fast-growing Latin America trades

"Despite the increasingly large amounts of container shipping capacity being tied up in the Asia-Eur...

by Hristijan Ivanov

South-east Asia transhipment call omissions a blow to India's exporters

"Indian shippers are being hit by a wave of late vessel arrivals and port call omissions, as Red Sea...

by Hristijan Ivanov

MSC builds on record market share with two 14,000 teu box ships from BAL

"MSC has bought BAL Container Line’s two 14,000 teu vessels being built at Jiangnan Shipyard, as the...

by Hristijan Ivanov

BTP completes major berth reconstruction at Port of Santos

"Brasil Terminal Portuário (BTP) has completed a significant engineering project to restore operatio...

by Hristijan Ivanov

Mawani scores 231.7 Points in the Liner Shipping Connectivity Index

The following release was published by Mawani:

The Kingdom, represented by the Saudi Ports Auth...

by Hristijan Ivanov