News

Port of New York and New Jersey sees second-best ever September

"The Port of New York and New Jersey (PANYNJ) has reported that September 2024 container volumes wer...

by Hristijan Ivanov

Maersk reports strong results across all business segments

The following release was published by Maersk:

A.P. Moller - Maersk (Maersk) continued its stro...

by Hristijan Ivanov

ONE released Financial Result for FY2024 2nd Quarter

The following release was published by ONE:

Ocean Network Express (ONE) released the financial...

by Hristijan Ivanov

COSCO taps Hudong-Zhonghua for boxship sextet

"Hot on the heels of Seaspan’s order for 13,600 teu newbuilds, Chinese boxship giant COSCO Shipping...

by John Kuiyaki

Hapag-Lloyd - SWX service update

The following release was published by Hapag-Lloyd:

If you're shipping with our South America W...

by Hristijan Ivanov

MSC - Gulf to SAEC String 1 – Further Temporary Port Rotation Adjustments

The following release was published by MSC:

To further maintain schedule reliability and follow...

by Hristijan Ivanov

SITC takes option on Huanghai boxship brace

"Chinese boxship player SITC International Holdings has exercised options at Huanghai Shipbuilding f...

by Hristijan Ivanov

CMA CGM offers discount vouchers to fill ships out of India as exports dip

"A growing cargo crunch seems to be prompting container lines serving Indian trades to devise new st...

by Hristijan Ivanov

White House unveils $3bn investment to 'clean up' ports in 27 states

"President Biden has earmarked $3bn for port modernisation projects across 27 US states, benefiting...

by Hristijan Ivanov

Port of Montreal set for new strike at TerMont terminals tomorrow

"ILA union members at the port of Montreal have called another strike, starting tomorrow, which is e...

by Hristijan Ivanov

HHLA raises expectations for financial year 2024

The following release was published by HHLA:

Based on the preliminary and unaudited figures for...

by Hristijan Ivanov

Folk Maritime launches India Gulf Express service

"Saudi feeder newcomer begins fourth service and becomes first Saudi company to connect Saudi Arabia...

by Hristijan Ivanov

Merchant Vessel Targeted in Multiple Attacks in Bab-el-Mandeb Strait

"A merchant vessel faced repeated attacks while transiting through the strategic Bab-el-Mandeb Strai...

by Hristijan Ivanov

CMA CGM and Marsa Maroc join forces in a joint venture to equip and operate half of the Nador West Med container terminal

The following release was published by CMA CGM:

  • Through this joint venture with Marsa Maroc,...
by Hristijan Ivanov

Open tender set to launch to find new operator for Chittagong box terminal

"Bangladesh is to launch an open tender for the chance to operate its largest box facility, the New-...

by Hristijan Ivanov

Port of Melbourne nears 300,000 TEUs

"The Port of Melbourne has released its September trade numbers, which show a year-on-year (YoY) ris...

by Hristijan Ivanov

Port Houston Surpasses 3 million TEUs In Record Time Steel Imports also up 25% in September

The following release was published by Port of Houston:

Port Houston continues to shatter recor...

by Hristijan Ivanov

ZIM to Restructure its Cross-Atlantic Service

The following release was published by ZIM:

ZIM Integrated Shipping Services Ltd. announced tod...

by Hristijan Ivanov

Hapag-Lloyd - Update on TEX and AL7 services

The following release was published by Hapag-Lloyd:

Shipping between Türkiye or Italy and the U...

by Hristijan Ivanov

Maersk - West Coast Central America and Mexico coverage

The following release was published by Maersk:

We’re excited to share some important updates ab...

by Hristijan Ivanov

Maersk - TA10 Service Launch

The following release was published by Maersk:

As part of our commitment to continuously improv...

by Hristijan Ivanov

Wan Hai and Cosco step up box ship 'arms race' with more newbuild orders

"Taiwan’s Wan Hai Lines has returned to South Korea for more newbuilding containerships, as it expan...

by Hristijan Ivanov

Panama Canal Defies Drought with $3.45 Billion Profit Despite Fewer Ships

"The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billi...

by Hristijan Ivanov

GPA moves 450,700 TEUs in September

The following release was published by Georgia Ports:

In its second busiest September on record...

by Hristijan Ivanov

SITC’s revenue up 19.2% in the first three quarters

"The Chinese container line SITC has benefitted from wider disruption in the market as is shown in i...

by Hristijan Ivanov

COSCO launch Oman-UAE X-Press (OUX) service

"COSCO has launched a new Oman-UAE X-Press (OUX) service connecting Abu Dhabi, Sohar, Ajman, Abu Dha...

by Hristijan Ivanov

Port Rotation Change - USA to SAEC Service

The following release was published by MSC:

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

by Hristijan Ivanov

MSC ship first in line for delays with Montreal dockers set for Sunday strike

"Strike action is set to resume at Canada’s largest container gateway, Montreal, after the Maritime...

by Hristijan Ivanov

$102m settlement agreed in first case after MV Dali's Baltimore bridge crash

"The US has settled its civil case against the owner and operator of the MV Dali, which crashed into...

by Hristijan Ivanov

Carriers may have 'overshot' on capacity and will need to blank more sailings

"Container spot freight rates on the main export routes out of China continued to fall this week, wi...

by Hristijan Ivanov

Hapag-Lloyd raises its earnings outlook for the current financial year and publishes preliminary earnings figures for the first nine months of 2024

The following release was published by Hapag-Lloyd:

Based on preliminary and unaudited figures...

by Hristijan Ivanov

Porto Itapoá handles 1 million TEUs in 10 months

"Porto Itapoá has achieved a container volume record having handled 1 million TEUs in the first 10 m...

by Hristijan Ivanov

Plenty of new box ships but will they meet future emissions regulations?

"Container ship designs have always been focused on markets and operational profit, but these calcul...

by Hristijan Ivanov

South Korean state tightens control of HMM amid privatisation questions

"Korea Development Bank (KDB) and Korea Ocean Business Corp (KOBC) on Tuesday increased their stake...

by Hristijan Ivanov

Freight rates on major ocean trades out of India continue to slide

"There seems to be no immediate halt to the freight rate slide on the larger tradelanes out of India...

by Hristijan Ivanov

Baltimore’s Dundalk Marine Terminal Set for $31 Million Upgrade

"The U.S. Department of Transportation has awarded $30,906,076 to rehabilitate the Dundalk Marine Te...

by Hristijan Ivanov

Container throughput is the strongest climber in the port of Rotterdam in the third quarter of 2024

The following release was published by Port of Rotterdam:

The throughput in the port of Rotterd...

by Hristijan Ivanov

COSCO SHIPPING Ports Announces Its Acquisition in 12.5% and 30% of the Equity of TLT and HLT at Laem Chabang Port

The following release was published by COSCO:

COSCO SHIPPING Ports Limited (‘COSCO SHIPPING Po...

by Hristijan Ivanov

New containership deliveries hit new high

"From Weekly Market Pulse published on 22 Oct: Year to date new containership deliveries have alread...

by Hristijan Ivanov

Charter rates for smaller sized vessels rebounded

"Charter rates have picked up in the past week with the smaller sizes also enjoying a revival as lar...

by Hristijan Ivanov

Victoria International Container Terminal welcomes enhanced Wallaby Service

"Victoria International Container Terminal (VICT), a fully automated container terminal and Internat...

by Hristijan Ivanov

OOCL to charter Seaspan-commissioned newbuild box ships

"OOCL is to charter the six 13,600 teu ships Seaspan ordered from Hudong-Zhonghua Shipbuilding last...

by Hristijan Ivanov

Harim would submit new bid if HMM came up for sale again

"The chairman of Korea’s Harim Group has confirmed it would submit a new bid for HMM if the carrier...

by Hristijan Ivanov

September traffics show that exports at Valenciaport continue to grow

The following release was published by Port of Valencia:

  • In September, export growth continue...
by Hristijan Ivanov

SC Ports Sees 8% Volume Increase as Leatherman Terminal Reopens, Imports Grow

The following release was published by SC Ports:

With Leatherman Terminal working ships once ag...

by Hristijan Ivanov

SeaLead Launches New MGX Service Connecting Jebel Ali with the Mediterranean via Suez

The following release was published by SeaLead:

SeaLead, a fast-growing global shipping line, h...

by Hristijan Ivanov

Overtime ban at port of Montreal goes on as 'special mediator' is rejected

"Canadian shipping stakeholder hopes of a prompt resolution of the dispute at the port of Montreal h...

by Hristijan Ivanov

MSC welcomes new 16,000 TEU boxship fitted with ‘world’s largest’ type B LNG tank

"China’s Dalian Shipbuilding Industry (DSIC), a subsidiary of China State Shipbuilding Corporation (...

by Hristijan Ivanov

Strong container throughput drives Port of Antwerp-Bruges growth despite challenging market conditions

The following release was published by Port of Antwerp-Bruges:

After nine months, Port of Antwe...

by Hristijan Ivanov

CMA CGM purchases chartered Seatrade feeder quintet

"French carrier CMA CGM has acquired all five of the 2,300 teu feeder ships it had been chartering f...

by Hristijan Ivanov