News

PSA kicks off new Indian rail route

"The new service provides a plethora of services – including the transportation of Direct Port Deliv...

Protests at China lockdowns spread, with supply chains looking vulnerable again

"Anti-lockdown protests have broken out across multiple cities in China, and the fresh Covid-restric...

South Korea’s striking truckers face back-to-work order if talks fail

"South Korea’s government failed to reach a deal with thousands of unionised truckers in the first r...

Wan Hai boss optimistic that freight situation will rebound

"Wan Hai chairman Chen Bo-ting believes the freight market will turn around in mid-2023, as concerns...

FMC gives green light to Southeast US chassis pool

"The US Federal Maritime Commission (FMC) has approved the formation of a chassis pool in the Southe...

Two niche container lines launching trans-Atlantic services

"Two new container services from Europe will start calling US East Coast ports as 2022 winds down, t...

Pandemic disruption gives way to lingering congestion in Central Am/Carib trade

"Healthy peak season demand coupled with stable freight rates and service improvements are supportin...

Ocean freight rate decline to accelerate through Q4: CMA CGM

"CMA CGM is warning that the precipitous drop in spot ocean freight rates of the last few months wil...

Shippers urge an end to truck strike as South Korean exports take a hit

"The Korea International Trade Association (KITA) today said it had received 32 complaints from 19 s...

CN analysis: Freight rates on Indian trades hit new lows amid weakening demand

"Container freight rates on major trades out of India have hit new lows in November amid falling car...

Port of New York and New Jersey overtakes San Pedro Bay giants for third consecutive month

"Port of New York and New Jersey is the busiest container port in the United States for the third mo...

Box rates could deteriorate to pre-Covid levels in December

"Further slides in the Shanghai Containerized Freight Index (SCFI) are continuing, and it is expecte...

China ports handle 245 million TEUs so far with Shanghai, Ningbo and Shenzhen taking lion’s share

"The container throughput of Chinese ports reached 244.9 million TEUs from January to October 2022,...

SC Ports completes Inland Port Greer rail expansion

"South Carolina Ports (SC Ports) has celebrated the rail expansion at Inland Port Greer to support t...

PortMiami welcomes largest containership ever

"PortMiami has welcomed the CMA CGM Osiris, the largest container ship to dock at the port to date....

Container lines ‘fighting a losing battle’ in 2023

"A million teu of container line capacity may lay idle in 2023 as demand drops, freight rates fall,...

Truckers blockade S Korean container ports in new strike over wages

"Access to South Korea’s two busiest container ports, Busan and Gwangyang, has been blocked, causing...

Apple supply chain disrupted by Foxconn protests and more Covid lockdowns

"Violent protests have erupted at Foxconn’s iPhone factory in Zhengzhou, prompting renewed concerns...

Boxship charter market could see a deluge of sub-let surplus tonnage

"Containership charter rates have stabilised in the past two weeks, after falling 70% since August –...

Los Angeles and Long Beach Containership Backup Has Officially Ended

"Shipping officials in California have proclaimed the end of the container backup at the ports of Lo...

PSA Belgium Upgrades Europa Terminal to Handle Next Generation Container Ships

The following release was published by PSA International:

PSA Belgium and the Port of Antwerp-...

Ew Berths At Gaolan Terminal In China

The following release wsa published by Euroports:

Euroports is pleased to announce the inaugur...

Port of Houston box numbers stay high in softening market

"The Port of Houston has enjoyed a 13 per cent year-on-year container growth in October, continuing...

New MD announced for APMT Pipavav

"APM Terminals (APMT) has announced that Girish Aggarwal will become Managing Director for Gujarat P...

With unions aligned, timeline for rail strike and railroad emergency prep is now clear

"Four rail unions have aligned on a potential national strike date of Dec. 9, with the Signalmen's u...

Maersk 'test case' could shift balance of power in container shipping

"Since the pandemic began, complaints of carrier misdeeds have circulated across the industry and ar...

'Vessel orderbook won't overbalance the market', claims Cosco GM

"Cosco Shipping Holdings deputy GM Chen Shuai has sought to calm concerns that the overcapacity seen...

S Korea warns of supply disruption and economic damage if truckers strike

"South Korean truckers are set to strike again – an eight-day stoppage in June cost more than $1.2bn...

SM Line, CJ Logistics to expand Transpacific reefer shipping

"South Korean liner operator SM Line and compatriot third-party logistics group CJ Logistics will wo...

CMA CGM applies revised PSS from Turkey to US East Coast & Gulf

"Marseille-headquartered container line CMA CGM has decided to revise its peak season surcharge (PSS...

Νew IMO regulations to support container freight market recovery

"The limited increase in ship supply driven by the new International Maritime Organization (IMO) reg...

Castor Maritime enters container sector with double acquisition

"Cyprus-based bulker and tanker owner Castor Maritime has made a move into the container shipping se...

Colombian alternative to the Panama Canal seeks funding

"Florida-based Zergratran, a sustainability driven transportation infrastructure company, is seeking...

Intra-Asia liners reinstate South India call amid improved schedule reliability

"The India-China II (CI2) Service, led by Wan Hai Lines and Interasia Lines, has resumed calling on...

Maersk adds Khazaen Dry Port to port of calls

"A.P. Moller – Maersk (Maersk) has added Khazaen Dry port (KDP), part of Asyad Group, to its ‘Port o...

Hutchison Ports BEST installs solar panels

"Hutchison Ports BEST terminal has installed 1,832 solar panels on almost half a hectare of its buil...

The proposed Kra Canal: Maritime highway of the future

"The proposed Kra Canal has been seen as a catalyst that could transform shipping industry in the re...

Europe and US exporters cheer rate falls, but now face 'vessel pot-luck'

"Backhaul container spot rates are experiencing significant drops, although North Europe and US ship...

Major shipping lines will pass on cost of compliance with EU's new emission rules

"The major shipping lines say they will pass on the extra costs of compliance with the forthcoming E...

Norfolk Southern confirms Cincinnati Southern Railway takeover

"Norfolk Southern Corporation (NSC) announced the execution of a purchase agreement under which NSC'...

New Russian boxships ordered for trade with Iran

"According to Alphaliner, Russia’s United Shipbuilding Corporation (USC)will build four sea-river co...

British tidal power boxport plan unveiled

"Centre Port Holdings, a UK-based marine and renewable energy infrastructure developer, led by James...

Overcapacity, falling spot rates risk trans-Pacific rate war

"With container spot rates from Asia to North America plunging below post-pandemic levels and a floo...

LA-LB, NY-NJ at or near normal cargo fluidity: APM Terminals

"The US’ two largest container gateways, Los Angeles-Long Beach and New York-New Jersey, are quickly...

Zim faces redeploying nine box ships as it axes transpacific loop

"Zim has suspended its Asia US east coast ZSE express loop, with the last sailing performed by the 5...

AD Ports Group and Transmar launch new Pakistan Service

The following release was published by AD Ports Group:

AD Ports Group and Transmar Internationa...

Port of Rotterdam welcomes first Container Exchange Route users

"The Port of Rotterdam has welcomed the first partners to the Container Exchange Route (CER).

Rot...

PORT OF NEWCASTLE CRANES LOAD FIRST CONTAINERSHIP

"PORT of Newcastle has, for the first time, used its two new mobile harbour cranes to load a contain...

China relaxing Covid-quarantine for crews transferring to domestic vessels

"China is shortening Covid-quarantine period for seafarers transferring from international-going ves...

New Delhi pushes for rapid sale of 30% of its shares in Concor

"India’s government is looking to sell some 30% of its shares in rail operator Container Corp of Ind...