News

New Director Appointed to Prince Rupert Port Authority Board

The following release was published by PRPA:

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

by Hristijan Ivanov

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...

by Hristijan Ivanov

HMM takes delivery of LNG-ready HMM Ruby

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

by Hristijan Ivanov

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")...

by Hristijan Ivanov

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...

by Hristijan Ivanov

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...

by Hristijan Ivanov

Port Houston Welcomes Arrival of Hybrid-Electric Cranes

The following release was published by Port Houston:

Port Houston is proud to announce the arri...

by Hristijan Ivanov

Red Sea diversions hit Greece container volumes

"The unstable geopolitical conditions in the Red Sea have forced container ships from Asia to circum...

by Hristijan Ivanov

ARC’s First Vessel Returns to Port of Baltimore

The following release was published by ARC:

American Roll-On Roll-Off Carrier (ARC) resumed reg...

by Hristijan Ivanov

Fesco boosts capacity as demand grows for India-Russia trade

"Fesco (Far Eastern Shipping Co), Russia’s largest ocean container carrier, is cementing its connect...

by Hristijan Ivanov

Rail freight services at Felixstowe back to half-strength after derailment

"The UK port of Felixstowe’s rail throughput is back to 50% of normal after last week’s train derail...

by Hristijan Ivanov

Maersk sets new chartering record with deal for $150,000 a day

"As liner operators become desperate for ships, charter rates have hit the $150,000/day mark." See t...

by Hristijan Ivanov

Container Transit Times Soar as Red Sea Crisis Continues Unabated

"The escalating conflict in the Red Sea region has disrupted international shipping routes, contribu...

by Hristijan Ivanov

Missile Attack Confirmed in Arabian Sea

"A merchant vessel in the Arabian Sea reported an explosion in close proximity to it on Monday, the...

by Hristijan Ivanov

Port of Melbourne container throughput increases in May

"The Port of Melbourne has announced its May trade figures, which indicate a considerable year-on-ye...

by Hristijan Ivanov

Florida International Terminal (FIT) renewed its lease agreement to operate at Port Everglades for another 10 years

The following release was published by SAAM Terminals:

Florida International Terminal (FIT), on...

by Hristijan Ivanov

CMA CGM to reshuffle EURONAF & TMX 2, its services linking Turkey, Spain, France, Malta, Western Italy, Sicily, Algeria

The following release was published by CMA CGM:

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

by Hristijan Ivanov

MSC Upgrades Bengal and Kaguya Services and Unveils Saola Service for Central China – Vietnam Shipping

The following release was published by MSC:

MSC is delighted to announce the enhancement of the...

by Hristijan Ivanov

Port Houston sees stellar growth in container volumes up 21% in May

"Port Houston handled 364,866 twenty-foot equivalent units (TEUs) in May, marking an astounding incr...

by Hristijan Ivanov

MSC’s Investment in Hamburg Port Nears Final Vote in Parliament

"The controversial plan for MSC Mediterranean Shipping Company to acquire approximately half of the...

by Hristijan Ivanov

Chaos now rules the container shipping market, says Yang Ming CFO

"Yang Ming chief financial officer Peter Su said today he believes container shipping has become so...

by Hristijan Ivanov

Dali Set for Departure Amid Ongoing Legal Battle Over Bridge Collapse

"Twelve weeks following the crash of the Dali cargo ship into Baltimore’s Francis Scott Key Bridge,...

by Hristijan Ivanov

Maersk reports low sea levels in the Amazon River

"A.P. Moller-Maersk (Maersk) is carrying out extensive mapping, research, and monitoring of the rive...

by Hristijan Ivanov

Port of Antwerp-Bruges reports container fire

"The Port of Antwerp-Bruges has reported a container on fire at Waaslandhaven, leading to the tempor...

by Hristijan Ivanov

CMA CGM to launch EMED 1 service linking Turkey, Egypt and Lebanon

The following release was published by CMA CGM:

As there are always Better Ways to address a ma...

by Hristijan Ivanov

MSC Introduces Osprey: New Standalone Service Connecting Asia and Southeast India

The following release was published by MSC:

As part of MSC’s continuous efforts to satisfy mark...

by Hristijan Ivanov

MSC Launches New Dahlia Service For Asia to Mexico Trade

The following release was published by MSC:

We are delighted to announce that we are launching...

by Hristijan Ivanov

Shortage of 40ft containers hampering Bangladesh shipments

"The acute shortage of 40ft high-cube containers has been hampering the shipment of export cargo fro...

by Hristijan Ivanov

Transhipment Hubs Hit Hard By Red Sea Reroutings

"Key transhipment ports around the world are facing severe congestion in response to the Red Sea cri...

by Hristijan Ivanov

Maiden call of Hapag-Lloyd EC2 service at APM Terminals Lázaro Cárdenas

The following release was published by APM Terminals:

The first call of Hapag-Lloyd's East Coas...

by Hristijan Ivanov

ONE Modern inaugurates new Savannah-India connection

"Ocean Network Express’ ONE Modern, the first ship on the ocean carrier’s West India North America (...

by Hristijan Ivanov

EU approves €570 million aid for emission cuts in Italian ports

"The European Commission has approved, under EU State aid rules, a €570 million ($609.6 million) Ita...

by Hristijan Ivanov

Looks like 'an early peak season', but is it the peak of spot rate pricing?

"Summer officially began in the northern hemisphere yesterday, but with large parts of Europe still...

by Hristijan Ivanov

MPCC Announces Vessel Acquisitions and New Charter Package Deal

The following release was published by MPC Container Ships:

MPC Container Ships ASA (“MPCC” or...

by Hristijan Ivanov

More berths to open early in new Singapore port to alleviate logjams

"Singapore plans to speed up the opening of berths in the new megaport in the city-state’s Tuas indu...

by Hristijan Ivanov

APMT eyes partnership in India's 'global top 10 port' project at Vadhavan

"The government of India has given the final nod for a high-stakes port project on the west coast: a...

by Hristijan Ivanov

South Korean ferry operator Panstar ventures into 'cut-throat' liner sector

"South Korean ferry operator Panstar Group is moving into the boxship sector." See the original stor...

by Hristijan Ivanov

Port of Antwerp-Bruges can help shippers 'get your boxes off the roads'

"Increasing barge and rail activity has become a central pillar of the growth trajectory at the port...

by Hristijan Ivanov

Maersk and Nike to christen historic, green-fueled container vessel at Port of Los Angeles this August

"A.P. Moller – Maersk (Maersk) proudly invites the public to come aboard a container ship of the fut...

by Hristijan Ivanov

Port of Long Beach Sets $760 Million Annual Budget

The following release was published by Port of Long Beach:

The Long Beach Board of Harbor Commi...

by Hristijan Ivanov

ACP plans new reservoir to avoid repeat of Panama Canal restrictions

"A new reservoir at the Panama Canal to improve reliability could be ready within four to five years...

by Hristijan Ivanov

Increased transhipment traffic adding to congestion woes at Barcelona

"One of the key reasons Barcelona appears to be suffering greater levels of congestion than many reg...

by Hristijan Ivanov

Intra-Asia rates hit new heights as demand grows

"Soaring demand is allowing container lines serving Indian trades to flex their pricing muscles on i...

by Hristijan Ivanov

Seoul steps in again to support extra loader sailings and subsidies for SMEs

"The South Korean government has again stepped in to initiate “extra loader” sailings to ensure that...

by Hristijan Ivanov

Major box lines enhance their coverage of India trades as demand grows

"Major container lines are boosting their coverage of the India trades to tap into anticipated stron...

by Hristijan Ivanov

German port strikes may trigger $6 billion trade setback

"Port strikes at five critical German ports could lead to a $6 billion trade loss, according to Russ...

by Hristijan Ivanov

NWSA TEU Volumes Up 21% in May

The following release was published by NWSA:

Voyage consistency, increased vessel calls, and lo...

by Hristijan Ivanov

US detention and demurrage cases set to hit all time high

"Detention and demurrage (D&D) handled by the Federal Maritime Commission (FMC) in the US have trebl...

by Hristijan Ivanov

Rail strike in Canada likely as 'essential services' hurdle seems to have tumbled

"Final submissions to the Canada Industrial Relations Board (CIRB) reveal neither rail companies nor...

by Hristijan Ivanov

Snap election in France prompts labour unions to postpone strikes at ports

"The surprise announcement by French president Emmanuel Macron last week to call an election has led...

by Hristijan Ivanov