News

King Abdulaziz Port Breaks Container Handling Record

The following release was published by MAWANI:

King Abdulaziz Port in Dammam has logged in yet...

CMA CGM eyes car-carrier market boom as liners are ready to invest

"French container carrier CMA CGM, already spreading its wings by entering the air cargo and logisti...

Porto Itapoá throughput nears 1 million TEU mark

"Porto Itapoá has recorded a total throughput of 960,512 TEU in 2022, reflecting a more than 14 per...

Caribbean Shipping Association and IDB to work together on decarbonisation

"The Caribbean Shipping Association (CSA) and the Inter-American Development Bank (IDB) have signed...

Samskip contracts Indian yard to build up to four hydrogen-powered boxships

"European containerline Samskip has contracted India’s Cochin Shipyard to build a pair of hydrogen f...

Global merchant fleet ageing rapidly

"The global merchant fleet is getting old fast with a growing number of experts suggesting shipping...

Hapag-Lloyd increases freight rates from Asia to Latin America

The following release was published by Hapag-Lloyd:

A General Rate Increase (GRI) from Asia* (e...

A. P. Moller - Maersk to divest Maersk Supply Service

The following release was published by Maersk:

A.P. Moller - Maersk (Maersk) has reached an agr...

Chittagong port to receive larger vessels

"The Chittagong Port Authority (CPA) officially invited larger ships to take a berth in its jetties,...

West coast ports suffering as US container imports plunge by 37%

"As anticipated, US container imports in February were massively down from the highs of the previous...

Evergreen Employees Get Another Windfall

"Soon after giving its employees a bumper 50-month bonus, Taiwan’s Evergreen Marine Corp. is handing...

Piraeus Port achieves record revenue for 2022

"Greece’s Piraeus Port has announced a record annual revenue of €194.6 million ($207.5 million) in 2...

South Korea to inspect Chinese cranes amid cybersecurity concerns

"The South Korean government will inspect China-supplied cranes following warnings from the US that...

SIPG and Lianyungang Port container jv inaugurated

"Lianyungang Hulian Container Co. Ltd, a new container company, jointly established by Shanghai Inte...

Stronger Oceania - Americas service

The following release was published by Maersk:

Maersk continues to put our customers supply cha...

Newbuild prices picking up

"Newbuild prices are on the way back up. Prices for new ships plateaued briefly for a couple of mont...

PSA International Pte Ltd and Its Subsidiaries Results for the Year

The following release was published by PSA International:

Review of Results

  • PSA Interna...

Service updates for Singapore shuttles to South Philippines

The following release was published by ONE:

Ocean Network Express (ONE) is pleased to announce...

Panama Canal unions come to blows over need for tugs

"Two Panama Canal unions disagree over the cause of an incident on 5 March, when the OOCL Utah was c...

Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'

"The ‘jury is out’ on whether container spot rates have bottomed-out, but on the key transpacific an...

Port of Cork, Innovez One ink deal to digitalise port operations

"The Port of Cork has entered an agreement with Innovez One, a provider of port management systems,...

UK Major Ports Group appoints new CEO

"UK Major Ports Group (UKMPG), the trade association for the UK’s major port operators, has appointe...

Ports of Stockholm eyes carbon capture and storage hub

"Scope to establish a hub for captured carbon dioxide is to be assessed in a feasibility study led b...

CNC Improves Intra-Asia Connectivity with Three New Services

The following release was published by *CNC:

CNC is introducing three new services – namely TCC,...

PSA Halifax Orders Eight New Electric Rubber Tyred Gantry Cranes From Konecranes

The following release was published by PSA International:

New E-RTGs will expand the terminal’s...

A.P. Moller Holding invests in drone inventory tracking solution

"A.P. Moller Holding, the parent company of the A.P. Moller Group, owners of the Maersk brand, has l...

Is integration strategy one-way street for container carriers?

"The diversity of services and/or products that a company can provide can help in its financial resu...

THE Alliance stops Cape of Good Hope diversions

"THE Alliance has stopped rerouting ships around the Cape of Good Hope on the Asia-Europe route. The...

FMC levies an almost $1 million fine against Wan Hai

"The Federal Maritime Commission (FMC) has levied a fine against Wan Hai Lines of $950,000." See the...

ONE equips bow wind shield on another 21,700 TEU vessel

"Ocean Network Express (ONE) has equipped an eco-friendly bow wind shield on the 21,700 TEU containe...

Hapag-Lloyd launches new service in Asia

The following release was published by Hapag-Lloyd:

Exciting news! From April 2023, a new serv...

Japan to California green shipping corridor pact signed in Tokyo

"The Japanese government has signed a letter of intent with the governor of California to establish...

Box lull sees change in global container flows

"The lull in box volumes is resulting in falling congestion and also in changes in container flows a...

Egypt signs major port deals

"Egypt has mapped out its next generation of ports across the country, signing deals yesterday worth...

PSA Mumbai dismisses congestion, productivity slowdown reports

"PSA Mumbai (BMCT), the new terminal operator at India’s Nhava Sheva Port (JNPT), has denied reports...

Taiwan carriers pay record staff bonuses after year of bumper profits

"Following an historically high profit of $6.06bn, Yang Ming has trumped its compatriot carriers Eve...

New Shipping Service to Link Saudi Arabia to Indian Subcontinent

The following release was published by Mawani:

The Saudi Ports Authority (Mawani) has announced...

MSC Teams Up with GCMD to Accelerate Industry Efforts to Decarbonize

The following release was published by MSC:

MSC and the Global Centre for Maritime Decarbonisat...

ONE Orders 10 New State-Of-The-Art Large Container Vessels

The following release was published by ONE:

Ocean Network Express Pte. Ltd (ONE) announces tha...

Wan Hai newbuild boxship completes maiden voyage to Qingdao Port

The following release was published by Wan Hai:

The 13,200 TEU newbuilding "WAN HAI A01" of Wan...

Port of Savannah sees container drop but gains national market share

"Port of Savannah in Georgia, US moved approximately 395,000 TEUs in the previous month, marking Geo...

AD Ports Group Signs Head of Terms for New Multipurpose Terminal in Pointe Noire Port

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS) the leadin...

Shogun Service - Temporary Suspension

The following release was published by MSC:

MSC will temporarily suspend its Shogun service un...

More bad news for carriers hoping rates decline has bottomed-out

"Ocean carriers are writing-off the first six months of this year, banking on a restocking demand bo...

Slow Trade Continues at Port of Long Beach

"The Port of Long Beach is reporting another soft month in February amid to full warehouses, reduced...

PSA Jurong Island Terminal sets container throughput record for 2022

"PSA Jurong Island Terminal has achieved a record-breaking container throughput of more than 130,000...

Bolloré Transport & Logistics firm PRISM gets new MD

"Bolloré Transport & Logistics has announced the appointment of Jérôme Le Grand as Managing Director...

PSA Sines orders six Konecranes automated RTGs

"PSA Sines, the Portuguese subsidiary of PSA International, has for the first time purchased six Aut...

MSC shatters records with delivery of 24,346 TEU MSC Irina

"The world’s largest container shipping company MSC is delivering on its promise to inject massive v...

COSCO and China Merchants tipped to bid for stake in Hutchison Ports

"The mix of the global container terminal operators is ready for a shake-up with multiple sources, i...