Container shipping – a return to ‘normal’
"Port of Los Angeles (Port of LA) Executive Director Gene Seroka provided some very useful insights...
Two Chinese shipyards share ONE’s $14.5 billion container ship orders
"Ocean Network Express (ONE), the world’s sixth largest container ship owner, has selected two Chine...
Carrier alliance analysis: Ocean Alliance expands on Asia-North Europe
"Sea-Intelligence looked at the development in capacity market shares between the three carrier alli...
Zim goes for growth with bigger newbuilds, but will need to fill them
"Israeli carrier Zim says it needs to “capture volume” as it takes delivery of 46 long-term chartere...
Idle vessel fleet set to grow as large newbuilds continue to arrive
"The surge of inactive tonnage, long-anticipated following the avalanche of new large vessels being...
DSV investors uneasy over involvement in Saudi mega-city project
"Several Danish investors in DSV have expressed environmental, social and governance (ESG) concerns...
'Feeding frenzy' over low rates must end, say forwarders
"Forwarders need to pull out of the ‘race-to-the-bottom’ on ocean rates or risk losing customers, ma...
Ningbo-Zhoushan port container volumes up 4.5% in Jan-Oct
"The Chinese port of Ningbo-Zhoushan saw both cargo throughput and container volume continue to grow...
Samskip initiates strategic expansion in Baltic Sea region launching new direct short-sea service
The following release was published by Samskip:
This new service is a direct reflection of Sams...
ZIM Reports Financial Results for the Third Quarter and the First Nine Months of 2023
The following release was published by ZIM:
- Reported Revenues of $1,273 Million, Net Loss of...
Container shipping costs from Korea to the U.S. West Coast up 7.1 percent on-month in October
"Container shipping costs from Korea to the U.S. West Coast gained 7.1 percent on-month in October,...
MSC bolsters Italian rail position
"Mediterranean Shipping Co’s (MSC) increasing focus on European rail is gaining speed." See the orig...
CMA CGM introduces congestion surcharge in South Africa
The following release was published by CMA CGM:
We inform our customers that following the cong...
India mulls outsourcing mooring services to improve port charges for carriers
"In a significant policy modification that could spark labour pushback, the government of India is e...
South Korea Will Invest $534M to Advance Next-Generation Shipbuilding
"The South Korean government outlined its plans to invest in the future of the shipbuilding industry...
Danaos enjoys strong Q3, but sees uncertainty as liners look to cut charter costs
"Greece-based non-operating containership owner (NOO) Danaos recorded another strong result in the t...
Cargo Volume Rises at Port of Long Beach
The following release was published by Port of Long Beach:
Cargo moving through the Port of Lon...
Evergreen first out with concrete EU ETS charges
"In what will be the first of a series of announcements Evergreen has declared the charges it will l...
Economic difficulties continue to impact HHLA’s business
The following release was published by HHLA
- Chief Executive Officer, Angela Titzrath: ”The ec...
AD Ports Group Delivers Record Q3 2023 Results
The following release was published by AD Ports Group:
- Q3 2023 Revenue grew by 189% YoY to AE...
MOL rolls out tech to combat fire scourge across its car carrier fleet
"Japanese shipowner Mitsui OSK Lines (MOL) will install cameras and an AI system developed by Israel...
Israel’s war with Hamas cripples an Italian containerline
"Israel’s ongoing war with Hamas has crippled one Italian containerline. Alphaliner is reporting tha...
Cape Town loses Maersk/CMA CGM call as carriers battle port delays
"After being hit with a series of port congestion surcharges this month, South African shippers and...
MSC joins new Asia-Europe GRI bid as contract talks loom
"MSC has joined rivals CMA CGM and Hapag-Lloyd in announcing a substantial FAK (freight all kinds) g...
Wan Hai Lines Holds Ship Naming Ceremony for New Vessels accompanied by a Charity Donation
The following release was published by Wan Hai:
Wan Hai Lines Ltd. held ship naming ceremonies...
CMA CGM to reshuffle its services connecting Asia with West & South Africa
The following release was published by CMA CGM:
CMA CGM is very pleased to announce the revampi...
Rio Brasil Terminal receives inaugural call of Sirius/Neo Bossa service
The following release was published by ICTSI:
Rio Brasil Terminal (RBT), International Containe...
Record draft at Port of Felixstowe
"The Mumbai Maersk has set a new record for the deepest draft vessel to call at Hutchison Ports Port...
First direct freight rail connection between Spain and France
"A new direct freight rail service connects the port of Barcelona in Spain with the French cities of...
LX International may be rethinking its bid to take over HMM
"The takeover of HMM might go down to a two-way battle between Harim Group and Dongwon Group." See t...
Box lines announce new efforts to hike rates on India-US trades
"Container lines serving the India-US trade seem to have realised that pushing through hefty general...
Shipping Industry Faces Rising Fuel Costs from Energy Transition
"The cost of fuel in shipping’s energy transition will increase along with compliance costs, accordi...
No evidence to support nearshoring increase, study shows
"According to a recent study conducted by Sea-Intelligence, there is no evidence that nearshoring ha...
PSA Halifax Receives two new mega Ship-To-Shore Cranes
The following release was published by PSA Halifax:
On Thursday 9 November 2023, PSA Halifax un...
APM Terminals Callao receives environmental approval to commence development works
The following release was published by APM Terminals:
The General Directorate of Environmental...
Maersk updates ocean services between the Far East and Africa
The following release was published by Maersk:
The updated FEW (Far East-West Africa) services...
Norway’s Viasea reveals plans to build two hydrogen-fuelled boxships
"Norwegian shortsea liner Viasea Shipping has announced plans to build a pair of hydrogen-powered co...
Panama queue growing day by day
"There are now a total 123 ships waiting to transit the Panama Canal, considerably higher than the 9...
CNC enhances Intra-Asia connectivity with three new services
"CNC is introducing three new services – namely BBX7, KJF and TSS. CNC is the Intra-Asia short sea s...
Santos Brasil box terminal selects new operating system
"Tecon Santos, one of South America's largest container terminals, managed by Santos Brasil selected...
Ocean carriers are driving the rates race to the bottom – 'they're all at it'
"Carriers are themselves driving the rates ‘race to the bottom’ they warned would lead to a “dire si...
Shipping Shifts From Jackpot To Job Cuts After $364 Billion Boom
"Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets this holi...
Managing risks from potential East Coast port strikes
"In a recent interview, Glenn Koepke, General Manager of Network Collaboration at FourKites, provide...
Ports of Los Angeles, Long Beach commit $60 million to zero-emission trucks
"The Port of Los Angeles and Port of Long Beach will make $60 million in Clean Truck Fund (CTF) Rate...
CMA CGM - Third-Quarter 2023 Financial Results
The following release was published by CMA CGM:
- Further normalization of transport and logist...
DP World resumes Australia port operations after crippling cyberattack
"DP World is restarting operations at its terminals in Australia on Monday after a cyberattack cripp...
Maersk - India to Europe services ME7 Port change announcement
The following release was published by Maersk:
At A.P. Moller – Maersk, we are constantly revie...
Yang Ming Publishes Financial Report for Q3 2023
The following release was published by Yang Ming:
Yang Ming Marine Transport Corporation (Yang...
Euroseas Ltd. Reports Steady Third Quarter Results
"Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transpor...
Hapag-Lloyd with decrease in earnings in first nine months of 2023
The following release was published by Hapag-Lloyd:
- Freight rates declined further in the th...