News
eeSea publications only

Gemini carriers cut back port calls on challenging southern India trade

"Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd,...

by The Loadstar

Resumption of Suez transits in doubt after return of Red Sea hostilities

"Hope for a resumption of Suez Canal transits by container lines were dented over the weekend, after...

by The Loadstar

SITC launches China Philippines Express 4 (CPX4) service

"SITC has introduced a new China-Philippines Express 4 (CPX4) service connecting Osaka, Kobe, Nagoya...

by Linerlytica

7 new Asian carriers team up for China-Mexico service

"A partnership involving 7 Asian carriers have teamed up to launch a new Asia-Mexico Express (AMX) s...

by Linerlytica

SeaLead launches FIX3 in latest example of favorable Indian market growth

SeaLead launched their first iteration of the 'FIX' Asia-India express service series back in August...

by Destine Ozuygur

Trade Rises at Port of Long Beach in February

The following release was published by Port of Long Beach:

Trade moving through the Port of Lon...

by Port of Long Beach

Port of Gdańsk finishes 2024 with a record financial result

The following release was published by Port of Gdansk:

Strong ports mean a strong maritime econ...

by Port of Gdansk

Liners plan more rate hikes to halt renewed container spot rates decline

"After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their down...

by The Loadstar

OOCL results point to loss of market share

"Elevated freight rates over the course of last year nearly doubled Hong Kong-based Cosco subsidiary...

by The Loadstar

Evergreen profits up three-fold after rates hit post-Covid highs

"Evergreen yesterday reported a 2024 net profit up more than three-fold from 2023, at TW$139.45bn ($...

by The Loadstar

China hits out at Hutchison plan to sell Panama port holdings to MSC

"China has slammed CK Hutchison’s plans to sell some 80% of its port holdings to MSC, including its...

by The Loadstar

Zim seeks more annual contracts after strong 2024 results

"Israeli carrier Zim said today that 2024 had been the second-best year in its history: it grew volu...

by The Loadstar

DP World Reports Record Revenue of $20.0 Billion and EBITDA of $5.5 Billion

The following release was published by DP World:

DP World Limited has announced financial resul...

by DP World

Nuclear-powered box ships the aim for US/SKorea partnership

"US nuclear reactor developer TerraPower and South Korean shipbuilder HD Hyundai Heavy Industries (H...

by The Loadstar

Maersk vessel forced to omit Cape Town as congestion mounts

"The port of Cape Town is facing significant congestion, which is set to worsen this week with more...

by The Loadstar

Final three STS cranes arrive at Baltic Hub

The following release was published by Baltic Hub:

On 12 March 2025, the Baltic Hub deepsea con...

by Baltic Hub

Yang Ming reports massive rise in profit, and orders more ships

"Taiwanese carrier Yang Ming today reported revenue of $6.94bn last year, representing a 54% increas...

by The Loadstar

Competitive, cleaner, greener Gemini services to drive box market

"Hapag-Lloyd argues that the new Gemini services will increase reliability, sustainability and vesse...

by Seatrade Maritime News

Will China-upgraded Hapag-Lloyd ships run foul of Trump?

"Hapag-Lloyd is taking its Copiapo-class vessels to China’s Cosco Zhoushan Shipyard to be ‘jumbo-ise...

by The Loadstar

Houthis issue warning to Israeli ships

"Yemen’s Houthi group said Tuesday that they are resuming a ban on the passage of all Israeli ships...

by Splash247

SITC profits surged in 2024

"Asia-focused Chinese container shipping service provider SITC announced a positive business perform...

by Seatrade Maritime News

Turkish carriers launch VSA with joint service wooing Red Sea volumes

"Turkish container carriers Turkon Line and Arkas Line seem to have scooped up significant India-Med...

by The Loadstar

Tianjin port raising container capacity to 35m teu by 2035

"The Port of Tianjin aims to increase its container throughput from 23 million teu in 2024 to 35 mil...

by Seatrade Maritime News

Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre

  • Acquisition of 60% of the shares in CNMP LH successfully completed
  • Expansion of terminal portf...
by Hapag-Lloyd

Shipping on alert as Houthi deadline passes with no Gaza aid resumption

"Shipping is watching movements in the Red Sea closely today to see if Yemen’s Houthis renew attacks...

by Splash247

Triton buys Global Container International

"Container leasing giant Triton has agreed to acquire Global Container International (GCI) in a deal...

by Splash247

Hudong-Zhonghua: CMA CGM’s newest LNG-powered giant wraps up sea trials

"The first of four 24,000 TEU LNG dual-fuel containerships ordered by French shipping major CMA CGM...

by Offshore Energy

CMA's WAX Service trades trans-shipment giant Singapore for Vung Tau

While we are yet to see a formal announcement from either carrier, eeSea analysts have confirmed thr...

by Destine Ozuygur

CNC adds Singapore-Philippines 8 (SP8) service

"CNC, the intra-Asia arm of CMA CGM, has added a new Singapore Philippines 8 (SP8) connecting Singap...

by Linerlytica

PIL advances fleet renewal with the naming of its fourth 14,000 TEU LNG Dual-Fuel Container Vessel

The following release was published by PIL:

It is the first PIL vessel to feature an innovative...

by PIL

DP World and Mawani Inaugurate $800 Million State-Of-The-Art Terminal in Jeddah

The following release was published by DP World:

Modernisation and expansion programme has incr...

by DP World

South Africa seeks operator for multipurpose terminal in Durban.

"South Africa’s Transnet National Ports Authority (TNPA) is looking for an operator for a multipurpo...

by Splash247

CMA CGM could build medium-size vessels in US, says Saade

"CMA CGM is looking into the possibility of building mid-size vessels in the US, the Trump administr...

by The Loadstar

Houthis warn attacks on merchant ships could resume tomorrow

"The Houthis in Yemen issued an ultimatum to Israel on Friday, repeating it yesterday. Unless Israel...

by Splash247

Box ship in collision with tanker off UK coast

"An oil tanker in the North Sea burst into flames this morning after being involved in a collision w...

by The Loadstar

eeSea North America update - March 2025

Our February update was dedicated to a detailed two-part analysis of how the [Far East - West Coast]...

by Destine Ozuygur

Asia-Europe FAK price hikes manage to halt 13-week rate decline

"This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 we...

by The Loadstar

Trump suspends Mexico tariff for a month... sparing Canada too now

"Hours after exempting Mexico from punishing 25% tariffs, for a month on goods traded under an exist...

by The Loadstar

CMA CGM Group Announces $20 Billion Investment in America’s Maritime Transportation, Logistics and Supply Chain Capabilities Over the Next Four Years

  • CMA CGM’s significant investment strengthens its historical maritime transport and logistics partn...
by CMA CGM

Profits and volumes up for RCL, grows fleet

"Intra-Asian and feeder specialist Regional Container Lines (RCL) reported a 511% increase in profit...

by Seatrade Maritime News

EUROGATE container terminal in Hamburg invests in 15 Hybrid Konecranes Noell Straddle Carriers

"EUROGATE Container Terminal Hamburg GmbH has ordered 15 Hybrid Konecranes Noell Straddle Carriers....

by AJOT

Gemini carriers making good on schedule reliability promise, so far

"The Gemini partners are making good on their promise of 90% schedule reliability, 'miles ahead' of...

by The Loadstar

Maersk Northern Star - Change of terminal in Shanghai changing from Yangshan terminal to Waigaoqiao terminal

The following release was published by Maersk:

As we are constantly maintaining the integrity o...

by Maersk

ICTSI 2024 Net Income rises 66% to US$849.80M

The following release was published by ICTSI:

  • Recurring Net Income 23% higher at US$830.94 mi...
by ICTSI

TPM: Weak Asia-Europe rates don't mean it's a weak market

"The recent spot rate weakness on the main east-west container should not be mistaken for a structur...

by The Loadstar

Korean Boxship Crossing North Pacific Reports Lost and Damaged Containers

"South Korea’s SM Line issued a customer alter on March 5 reporting that one of its vessels has expe...

by The Maritime Executive

CMA CGM overtakes Maersk in the liner rankings

"CMA CGM, the year’s most aggressive acquirer of ships to date, has made history. As of this week, M...

by Splash247

Stunning Hutchison ports sale will usher in prolonged period of liner network changes

"The announcement this week that CK Hutchison is selling its 80% stake in Hutchison Ports Holding to...

by Splash247