News

20-row Evergreen boxship set to make landmark Panama Canal transit

Evergreen Chartered Boxship, Triton, is set to make a landmark transit through the panama canal. The...

20,000 TEU COSCO Shipping Pisces Named at DACKS

” A colossal 20,000 TEU containership, owned by COSCO Shipping Lines, was named today at Dalian Cosc...

20,000 TEU COSCO SHIPPING Sagittarius named in Shanghai

“On October 18, the naming ceremony for COSCO SHIPPING Sagittarius, the 9th 20,000 TEU ULCS of the C...

200 ships bunkered contaminated fuel in Singapore

“About 200 ships have been supplied with a contaminated batch of heavy sulphur fuel (HFO) in Singapo...

2015 Excellent Year for Abu Dhabi Ports

**Port developer and operator Abu Dhabi Ports, set a new annual cargo-volume record in 2015, posting...

2016 was a record year for Eimskip

Normalized EBITDA growth 23.7%

  • Revenue EUR 513.9 million, up by EUR 14.3 million or 2.9% from...

2017 a record year for DP World box terminals as market share increases

“Container terminal operator DP World handled a record 70.1m teu at its global facilities last year – 10.1% more boxes than in 2016.” For more, see the original article on The Loadstar. Source: The Loadstar (LF)

2017 ANNUAL FINANCIAL RESULTS: CMA CGM pursues its development strategy and once again delivers strong operating results, outperforming its industry.

  • Growth of transported volumes by 21%
  • Revenue of more than 21 billion USD, a sharp increase of +3...

2017 was a year of growth for Eimskip

EBITDA forecast for the year 2018 EUR 60 to 65 million

  • Revenue EUR 664.0 million, up by EUR 150.1...

2018 is record year for Port of Antwerp

The following release was published by Port of Antwerp:

2018 looks set to be a record year for th...

2018 may be a write-off as shocking H1 numbers all but sink the liner industry

“Just halfway through the Q2 reporting period, some $650m of red ink has been reported by ocean carr...

2018 New Year Message from President Murakami “Working Together, Let’s Make 2018 the Link to a New Era”

To everyone of the “K” Line Group, I extend my very sincerest wishes for a Happy New Year. As we ent...

2018 set to be another tough year for Maersk Line and competitors

“With China’s provisional approval of Maersk Line’s acquisition of Hamburg Süd, the takeover is virt...

2019 cargo volumes at Port Of Los Angeles at near-record levels

“The Port of Los Angeles moved near-record cargo in 2019 with a total of 9,337,632 Twenty-Foot Equivalent Units (TEUs), just short of the second-best year in its 113-year history.” See the original story at AJOT. Source: AJOT (JK)

2019 is Record Year for South Carolina Ports Authority

“South Carolina Ports Authority (SCPA) CEO Jim Newsome gave his State of the Port Address on October...

2019 Was a Good Year for US Ports

“The U.S. ports on both the West Coast and the East Coast are reporting record yearly results for 20...

2020 – A year of remarkable turnaround for container shipping

“If there was an award for the most unexpected turnaround in shipping in 2020 it would surely go to the container shipping sector.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

2020 ABX June Blanking Plan

The following advisory was published by AP Moller Maersk:

Due to market demand reductions in Far...

2020 ABX May Blanking Plan

The following advisory was published by A.P Moller-Maersk:

Due to market demand reductions in Far...

2020 low sulphur regulations could be ‘the saviour’ of container shipping

” The IMO’s 0.5% sulphur cap, to be imposed in January 2020, could be a “blessing in disguise” for s...

2020 PKX2 CHX ABX Blanking plan

The following advisory was published by AP Moller-Maersk:

Due to market demand reductions in Far...

2021 container numbers slump at Port of Oakland

“Total container numbers at the Port of Oakland have fallen for the third consecutive year. The Cali...

2021 could become the busiest year in Oakland’s history

“The Port of Oakland has reported that containerised imports have shown signs of recovery in 2021, w...

2022 shipping costs ‘will be higher than ever before’

“Costs for shipping goods by container will be higher in 2022 than ever before, even if spot rates soften, according to Xeneta chief analyst, Peter Sand.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

2023 Launch for Greenfield Nigerian Port

“Commercial operations at a new greenfield port development in Nigeria will begin in the first quarter of 2023.” See the original story at Port Strategy. Source: Port Strategy (JK)

20ft containers are not nearing extinction: Drewry

"Following a contraction in output of newbuild 20ft shipping containers in 2021, ordering has recove...

21,000 TEU containership COSCO SHIPPING NEBULA named and delivered

” On October 23, the naming ceremony for COSCO SHIPPING NEBULA, another 21,000 TEU ULCS of COSCO SHI...

21,413 TEU OOCL Hong Kong Calls at Wilhelmshaven

**The 21,413 TEU OOCL Hong Kong, the world’s largest containership based on its advertised nominal c...

23,756 TEU “MSC Gulsun” Transits Suez Canal

“Admiral Mohab Mameesh, Chairman of the Suez Canal Authority and Suez Canal Economic Zone, announced...

25% of ports have increased share of empty container handling

“25% of ports have an increased share of empty container handlings due to the Covid crisis, reports an International Association of Ports and Harbours (IAPH) survey.” See the original story at The Medi Telegraph. Source: The Medi Telegraph (JK)

2M Alliance Commits to Liverpool

” The 2M liner alliance, comprising industry giants Maersk Line and MSC, has confirmed that UK’s Por...

2M Alliance loop drops Miami, adds Port Everglades

**“The alliance’s transatlantic TA1/NEUATL1 service is operated with five U.S.-flagged Maersk vessel...

2M Alliance suspends an AE2/Swan loop as low season pressure builds on carriers

“2M Alliance partners Maersk Line and MSC are to suspend one of their six weekly loops from Asia to North Europe at the end of the month.” For more, see the original article on The Loadstar. Source: The Loadstar (LF)

2M Alliance to adjust transatlantic string

“Changes are being made to the alliance’s TA2/NEUTAL2 loop effective April 1.” For more details, please see the original article at American Shipper. Source: American Shipper (LF)

2M Alliance to launch new transpacific service

“The 2M Alliance’s new TP3/Sequoia will commence Dec. 9 from Chiwan and will provide 12-day transits from Ningbo to Long Beach.” For more details, please see the original article at American Shipper. Source: American Shipper (LF)

2M and Zim blank more Asia-USEC sailings – ‘slow volume pickup’ blamed

“The 2M Alliance and shipping line Zim have announced five more blanked voyages from Asia to the US...

2M announces blank Asia-Europe and transpacific sailings for Chinese New Year

” 2M partners Maersk Line and MSC have advised their Asia-Europe and transpacific customers of a num...

2M Asia-Europe ‘inducement’ loop begins loading as rates hold steady

“2M partners Maersk and MSC began loading their inducement Asia-North Europe loop service in China this week, as bookings and freight rates stay steady on the route.” See the original story at The Loadstar. Source: The Loadstar (JK)

2M Asia-Europe service suspension signals weak market

“The suspension of Maersk and MSC’s AE2/Swan services for six weeks, a move that cuts 18 percent of...

2M blanks two Asia-Europe services for entire second quarter as demand plummets

“2M partners Maersk and MSC are to suspend one headhaul Asia-North Europe loop and one Asia-Mediterr...

2M confirms reintroduction of AE2/Swan Asia-North Europe loop next month

” The 2M alliance has confirmed that it will reintroduce its AE2/Swan Asia-North Europe loop in the...

2M Cuts Asia-Med Capacity

**Maersk Line and MSC are to suspend their direct Far East – Black Sea ‘AE-3/Great Sea’ service, whi...

2M extends blanked trans-Atlantic service until year-end

“2M Alliance partners Maersk and Mediterranean Shipping Co. have extended the suspension of one of t...

2M keeps Asia-Europe sailings while rivals cut

“The 2M Alliance is holding off on blanking sailings while rival alliances slash capacity through July and August in a bid to shore up slumping rates.” To learn more, see the original story at JoC Source: JoC (JK)

2M means to launch Ukrainian rail-river export service, despite ‘challenges of war’

“MSC, as part of the 2M Alliance, is to launch a rail-river export service for Ukrainian cargo in th...

2M Partners Resume TA3 Calls at APMT Rotterdam

“Danish container shipping company Maersk Line and Swiss-based Mediterranean Shipping Company (MSC)...

2M Partners Up Asia-Europe, Transpacific Offer

**Danish shipping giant Maersk Line and Mediterranean Shipping Company (MSC) have decided to add two...

2M ship largest to call on U.S. as lots of empty containers wait to be reshored

“The largest container ship ever to call on the United States is arriving this week at the Ports of...

2M split may be on the horizon as tonnage-rich MSC prepares to go it alone

"Since August 2020, MSC’s brokers have completed the acquisition of nearly 250 second-hand container...

2M Transpacific service makes maiden call in Cai Mep

“APM Terminals’ Cai Mep International Terminal (CMIT) welcomed the maiden call of the TP17 service d...