News

ZIM Announces New Operational Cooperation with MSC Covering the Strategic Transpacific Trade

The following release was published by ZIM:

**New Agreement which includes Six Asia to USEC and...

Union urges Hamburg port workers to agree deal following disruptive weekend

"Signs of a breakthrough have emerged in the standoff between German dockers and their port employer...

Port of Dar Es Salaam Gets Boost as China Pledges Railway Upgrades

"Chinese officials have reached an agreement to upgrade the decades-old Tanzania-Zambia railway. The...

ILA doubles down on strike threat as shippers brace for port chaos

"Bombastic ILA leader Harold Daggett doubled down on his uncompromising stance at the weekend, incre...

Folk Maritime launches new liner service connecting Red Sea ports and Indian subcontinent

The following release was published by Folk Maritime:

Folk Maritime Services Company, a PIF com...

Hong Kong port container volume dropped 5% in H1

"Container volumes handled by the Port of Hong Kong continued to fall in the first half of 2024." Se...

Maersk - Tango Service Rotation – Temporary Service Adjustments

The following release was published by Maersk:

Effective from September 7, 2024, following the...

CVC would 'safeguard DB Schenker jobs and its independence'

"DB Schenker would remain independent and not merge with Scan Global if acquired by CVC Capital Part...

India-US container GRIs pushed back as demand falters

"Container lines seem to be shelving plans to implement fresh rate increases on the India-US tradela...

Port of New York and New Jersey records 806,000 TEU in July

"The Port Authority of New York and New Jersey (PANYNJ) has handled a total volume of 806,015 TEU, t...

Los Angeles greenlights $52 million rail expansion project

The following release was published by Port of Los Angeles.

*Project Will Expand Capacity and C...

CSSC unveils world’s biggest 27,500 TEU containership

"China State Shipbuilding Corporation’s (CSSC) Shanghai Ship Research and Design Institute has obtai...

Nigeria’s Vice President Shettima inaugurates USD 115 million upgrade of APM Terminals' West Africa Container Terminal

The following release was published by APM Terminals:

APM Terminals today celebrated the inaugu...

Container spot freight rates plunge 8%

"The Shanghai Containerized Freight Index (SCFI) and Drewry World Container Index (WCI) both dropped...

MSC Wins Approval from Hamburg Parliament for HHLA Acquisition

"After a contentious fight, union opposition, and delays, the proposed deal for MSC Mediterranean Sh...

Services set to shut down as 'super typhoon' heads for South China

"China is bracing for the arrival of ’Super Typhoon’ Yagi, expected to be the strongest storm to hit...

ILA chief vows to form global 'mega-union' to fight port automation

"Belligerent US International Longshoremen’s Association (ILA) president Harold Daggett has vowed to...

Korean feeder operators offer discounted intra-Asia slots as rates surge

"With intra-Asia freight rates soaring five-fold over the first nine months of the year, South Korea...

Chinese Container Ship Becomes Largest to Travel Through Arctic

"Hong Kong-flagged and owned container ship NewNew Star has become the largest non-ice class box shi...

MPA to Permit Night Movement of Line-Towed Container Barges at Pasir Panjang Terminal

The following release was published by MPA:

The total number of containers handled by the Port...

SIPG reports 23.13% revenue growth in H1

"Shanghai Port International Group (SIPG) generated RMB19.84bn ($2.79bn) revenue in the first half o...

SeaLead Launches Far East India Djibouti Service, Connecting China, India, and Djibouti

The following release was published by Sealead:

SeaLead, a rapidly expanding global shipping li...

ONE - New Service Launch Connecting West Coast India, the Middle East and the Red Sea

The following release was published by ONE:

Ocean Network Express is delighted to announce the...

Dali readies to head to China

"The Dali containership, which rammed and destroyed the Francis Scott Key Bridge in Baltimore, nearl...

Additional Cranes Will Boost Capacity, Economic Prosperity for Port Saint John

The following release was published by DP World:

*The additional equipment will increase termin...

Two-horse race for DB Schenker nears finishing line

"The seemingly marathon race to acquire DB Schenker, the logistics and freight forwarding arm of Ger...

MSC - Carioca and Santana Services - Update

The following release was published by MSC:

Further to our initial communication regarding our...

MSC - Port Rotation Change on Swan-Sentosa Service

The following release was published by MSC:

In order to maintain schedule reliability, MSC has...

BAL moves on pair of 14,000 teu newbuilds

"BAL Container Line is assuming control of two ultra-large containership newbuildings worth about $2...

MSC secondhand splurge nears 400 ships in four years

"Gianluigi Aponte’s Mediterranean Shipping Co (MSC) has continued to cement itself at the top of lin...

Maersk and Hapag dip into charter market to boost Gemini fleet

"Maersk and Hapag-Lloyd have become more active in the charter market as they gear up to launch thei...

Lidl box carrier Tailwind adds another vessel to its expanding fleet

"German supermarket chain Lidl’s in-house container carrier, Tailwind Shipping, this week welcomed i...

Folk Maritime buys first feeder vessel

"Folk Maritime has announced the purchase of its first vessel, Folk Jeddah, a 2023-built 1,868 teu c...

Middle East trade surges, leading box lines to launch new services

"With Far East-Middle East container volumes seeing double-digit growth year-on-year, several liner...

East coast port strike threat grows – and Canadian rail dispute still lingers

There will be no rest for North American shippers as one strike ends, because another threatens to “...

Yemen’s Houthis Claim To Have Attacked MV Groton Again In Gulf Of Aden

"Yemen’s Houthi militants said on Saturday that they attacked a Liberia-flagged container vessel for...

New container storage opens at Port of Liverpool

"Maritime Transport, a provider of integrated road and rail freight logistics, has completed the dev...

MSC ship loses 46 containers overboard in South African storms

"The MSC Antonia is the latest vessel to lose containers overboard in winter storms off South Africa...

Containership newbuilding orders hit new high in August

"Carriers are rushing to secure ship contracts despite rising newbuilding prices and growing concern...

Bad weather causes chaos at Indian ports, and cargo backlogs build

"Container flows out of India’s west coast ports are under severe pressure, as terminals battle carg...

Djibouti Offers Port to Ethiopia in Hopes of Easing Regional Tensions

"The eastern African nation of Djibouti is proposing a new solution to the ongoing regional tensions...

Wan Hai has been invited to join a shipping alliance, reveals GM

"Despite the correction in freight rates, Wan Hai Lines’ general manager, Tommy Hsieh, is optimistic...

Container Carrier Profits Soar On Record Volumes, Higher Rates

"The global container shipping industry saw profits surge to more than $10 billion in the second qua...

The Largest Port Expansion in 40 Years Opens at the Port of Gothenburg

The following release was published by Port of Gothenburg:

Today, a brand new 144,000 square me...

Suez Canal faces new threat, warns The Economist

"Worsening conflict in Sudan has the potential to cause yet more disruption to global trade through...

Giant MSC Marie sets Panama transit record

"In another sign that operations are getting back to normal at the Panama Canal, the waterway on Fri...

Maersk to launch new Far East-Indian Subcontinent 1 service

"Maersk will launch a new Far East-Indian Subcontinent 1 (FI1) service calling at Colombo, Laem Chab...

ONE launches Black Sea Turkey Service 2 (BT2)

The following release was published by ONE:

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

MSC Enhances Santana and Carioca Services for Improved Connectivity

The following release was published by MSC:

We are delighted to announce that our standalone se...

Methanol 'happy hour' over, and decarbonisation will double freight rates

"Shipping’s methanol “happy hour” has ended, with LNG back on the menu, decarbonisation “slowing” an...