News

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...

McCarthy Completes Port Houston Wharf 6 Project

"McCarthy Building Companies, Inc. has completed construction on Port Houston – Bayport Wharf 6. The...

New Shipping Line Dashboard supports port stay reduction at APM Terminals

The following release was published by APM Terminals:

With stormy seas forecast for shipping li...

Seaspan Plans Expansion at its Vancouver Repair Yard

"Canadian shipbuilder Seaspan is investing in expansion at its Vancouver ship repair operation, augm...

Project to transfer containers from road to river is 'not green enough'

"A €125m ($134m) project by Haropa Port – a public agency grouping the ports of Le Havre, Rouen and...

HMM workers protest against 'hasty sale' to 'mid-sized concerns'

"Fearing threats to their job security from a potential sale of HMM, carrier employees demonstrated...

Panama Canal restrictions: enough capacity for containerships but not gas carriers

"Even restricting the Panama Canal number of Neo-Panamax transits to just five there should still be...

NC Ports Welcomes Seaboard Marine, New Weekly Service to Central America

The following release was published by NC Ports:

North Carolina Ports is pleased to announce a...

MSC names 24,000 TEU giant in Türkiye

"MSC Mediterranean Shipping Company, the world’s biggest shipping company, has named MSC Türkiye, on...

SFL clinches Maersk charter extension and vessel upgrades deal with Hapag-Lloyd

"John Fredriksen’s SFL Corporation has bagged a contract extension for one of its boxships and seale...

Putin hands control of FESCO to Rosatom

"Far Eastern Shipping Company (FESCO), Russia’s top container name, has a new owner. Yesterday presi...

Greeks and Chinese dominate global fleet market

"The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity...

U.S. "Friend-Shoring" Framework Isn't Shifting Trade Away From China

"US efforts to encourage Indo-Pacific nations to diversify their trade away from China confront a we...

MSC and Maersk unwind transatlantic fleets as rates hit new low

"The unravelling of MSC and Maersk’s 2M vessel-sharing alliance (VSA) fleet is continuing ahead of t...

ICTSI releases Q3 results

The following release was published by ICTSI:

  • Throughput grew 7 percent to 9.45 million TEUs;...

Wilson Sons terminals sees 26 per cent growth in October

"Wilson Sons has reported a strong growth in operations at its container terminals in October, with...

Brazil estimates Natal port expansion to cost $250 million

"One of the main infrastructure projects in Natal and Rio Grande do Norte, the expansion of the port...

ONE chief Nixon calls on urgent action from Panama govt over canal water woes

"The latest restrictions on transits of the Panama Canal have prompted Ocean Network Express (ONE) C...

Lomar cuts boxship exposure

"Lomar Shipping has continued to be active on the containership sell side as it shifts its fleet tow...

US commits $553m to develop Sri Lankan terminal

"On the island of Sri Lanka, strategically located along one of the most important global trade arte...

ZIM Relaunches its ZIM eCommerce Xpress (ZEX) Service, Providing a Premium, Speedy China-US West Coast Service

The following release was published by ZIM:

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM),...

Freeport of Riga adds new berth at Baltic Container Terminal

"Construction works are underway in Kundziņsala at the Baltic Container Terminal (BCT), the largest...