News

Adani to build port in Vietnam

"India’s Adani Group has announced plans to construct a new port at the central Vietnamese city of D...

ILA President warns of October strike at Atlantic and Gulf Coast Ports

"ILA President, Harold Daggett, has announced that threat of 1 October strike at Atlantic and Gulf C...

Houthi attacks target MSC boxships and tankers

"Houthi rebels have allegedly assaulted another of MSC vessels. On 14 July, the 1999-built 5,652 TEU...

Pause in Transpacific rate surge

"Transpacific freight rates have corrected after rising for more than three months, as capacity addi...

Xeneta Sees Ocean Container Spot Rates Peaking

"The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as imp...

Geopolitical events push shipping earnings to 15 year high

"Accelerating economic growth, improved demand, and the impact of Red Sea diversions have combined t...

CMA CGM adds Great Lakes Express (GLX) extra loader service to PNW

"CMA CGM has restarted the Great Lakes Express (GLX) that will serve as an extra loader service conn...

HMM to launch new Far East Latin America Express (FLX) service

The following advisory was published by HMM:

HMM announced that it will launch a new service co...

Port of Montreal’s Major Rail Optimization Project Successfully Nailed

The following advisory was published by Montreal Port Authority (MPA):

The Montreal Port Author...

OOCL achieves growth in both revenue and volumes

"Orient Overseas Container Line (OOCL) has announced increased revenues and volumes in the second qu...

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...

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...

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...

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...

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...

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...

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...

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...

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...

Valencia Containerised Freight Index drops in June

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

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

Port Houston resumes operations after Hurricane Beryl

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

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...

Schedule Reliability Scorecard (SRS) for Q2 2024

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

Strike action in Bremerhaven and Hamburg

The following release was published by Maersk:

Collective Agreement Negotiations between termin...

Panama Canal details new reservoir project

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

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...

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...

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...

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...

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...

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...

CMA CGM to revamp its PGEC service

The following release was published by CMA CGM:

In our continuous effort to enhance our Portuga...

Extreme Weather Warning : South African Coast

The following release was published by Maersk:

Kindly note that extreme weather conditions incl...

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...

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...