News

Maersk and MSC extend Golden Week vessel cancellations

"Both MSC and Maersk have extended the 2M alliance and individually blanked sailings for the upcomin...

Hong Kong port container volumes plunge in Q2

"The Asian container port of Hong Kong saw a 21.9% plunge in box volumes in the second quarter of th...

CMA CGM to resume Iskenderun calls on its NC LEVANT EXPRESS service connecting North Europe with East Med/Levant area

The following release was published by CMA CGM:

We have the pleasure to inform our customers th...

MSC / 2023 Golden Week Sailing Programme - Trade Asia to Europe

The following release was published by MSC:

Due to anticipated slowdown in demand during and aft...

STI handles one of the largest vessels calling Chilean ports

"The Maersk Herrera on the AC3-Eastbound service linking Asia to the Pacific Coast set the second mo...

DP World promotes rail transport through incentive scheme

"DP World has launched a new programme in the United Kingdom to incentivise cargo owners in order to...

Pearl River Delta ports brace for Super Typhoon Saola

"Ports in Hong Kong and China's Guangdong province have halted operations since yesterday evening as...

HMM suitor Dongwon receives KDB funding to run Busan terminal

"South Korean logistics and deep-sea fishing conglomerate Dongwon Group, which is one of the bidders...

CIMC profits plunge as global container production hits ten-year low

"Worldwide container production hit a 10-year low, of 850,000 teu in H1 23, according to Wu Sanqiang...

SIPG container volume up 5.3% in H1 2023

"Shanghai International Port Group (SIPG) handled 23.74m teu in the first half of 2023, an increase...

Puerto Aguadulce receives call from largest boxship to arrive in South America

"Puerto Aguadulce in Colombia has received the largest containership ever to call at a terminal in S...

CMA CGM to revamp its vessel fleet deployed on LIBERTY BRIDGE service connecting North Europe with US East Coast

The following release was published by CMA CGM:

As a result of the unbalance in current market...

Seaspan welcomes LNG-powered 15,000 TEU ZIM Mount Rainier

"Hong Kong-based shipowner Seaspan has taken delivery of the fifth 15,000 TEU containership powered...

Mexico overtakes China as biggest US trading partner

"US Census data shows that Mexico has surpassed China as the US’ major trading partner during the co...

RCL sells more older box ships for scrap as earnings fall

"Thai regional box carrier Regional Container Lines (RCL), seeing falling profits, has stepped up th...

Cosco bucks the trend as container line profits hit $8.9bn in Q2

"The second-quarter results of the major container lines were significantly down from the year befor...

Panama Canal Shipper Pays $2.4 Million to Skip the Line

"Shippers are having to pay record amounts if they want their carriers to beat a logjam of vessels w...

Study Finds GHG Emissions Increase When Asian Cargo is Diverted from U.S. West Coast Ports

"A new study has found that climate warming greenhouse gas emissions increase when imported cargo fr...

ILWU Members Approve Long-Awaited Labor Contract for West Coast Ports

"The rank-and-file members of the International Longshore and Warehouse Union (ILWU) have voted to a...

COSCO SHIPPING launches China-Greece door-to-door service

"COSCO SHIPPING has introduced a new door-to-door service that includes inland transport services in...

ICTSI inks USD750 million loan facility with Metrobank to boost operations

The following release was published by ICTSI:

International Container Terminal Services, Inc. (...

Suez Canal Economic Zone celebrates concession for Container Terminal 2 in East Port Said

The following release was published by APM Terminals:

The General Authority for the Suez Canal...

Brazil's port infrastructure gets boost with $181.4m funding approval

"Brazil’s Board of Directors of the Maritime Mercantile Fund (CDFMM) has approved two projects that...

CMA CGM to enhance its AZTECA services with a direct call in Oakland on AZTECA Loop 1

The following release was published by CMA CGM:

CMA CGM is pleased to announce that in a contin...

CMA CGM opts for Wärtsilä’s FGSS systems for 23K TEU boxship quartet

"Finnish technology group Wärtsilä will supply the LNG Fuel Gas Supply (FGSS) systems for four new 2...

MPC Capital names green methanol-ready boxship duo in South Korea

"Hamburg-based asset and investment manager MPC Capital AG has held a christening ceremony for two g...

PIL the star 'green' performer in Far East-S America efficiency league

"Xeneta’s latest carbon league table, for the Far East-South America tradelane, reveals improving pe...

MSC blanks Swan and Dragon loops ahead of Golden Week holiday

"With just over a month before China’s national Golden Week holiday – after which the slack season b...

2023 Golden Week: Shortage of blanks

The following release was published by Sea-Intelligence:

*We are now 5 weeks away from the Chin...

Port of Valencia receives world’s first hydrogen-powered reach stacker

"The Port of Valencia has taken delivery of the hydrogen-powered reach stacker, developed within the...

DP World Santos joins Portchain Connect

"DP World Santos has joined the Portchain Connect network to improve berthing alignment through digi...

Southeast Ports Prepare to Reopen After Hurricane Idalia

"Hurricane Idalia came ashore in Taylor County, Florida on Wednesday morning as a Category 3 storm,...

Poul Hestbaek leaves Hamburg Süd

"The head of Hamburg Süd, Poul Hestbaek, has called time on his tenure at the Maersk company" See th...

Ships Drop Anchor Around Gabon as Country Shuts Down After Coup

"At least 30 commercial ships dropped anchor on Wednesday around Gabon’s waters after military offic...

DP World expands footprint in Turkey

"DP World has formed a strategic equity partnership with Turkey’s Evyap Group, under which the Dubai...

Carrier operating margins fall into single digits for first time in 3 years

"There’s good news and bad news in the lead article in this week’s report from Alphaliner, the leadi...

COSCO Shipping Ports announced decreased revenue for first six months of 2023

"COSCO Shipping Ports Limited announced interim results of the Company and its subsidiaries for the...

APM Terminals in talks for new box terminal construction in Chittagong

"Bangladesh government has started talks with Danish shipping and logistic giant Maersk Group on its...

Yang Ming settles US shipper's claim that carrier broke its contract

"Yang Ming has reached an out of court settlement with a shipper that claimed it was a victim of pan...

Strong trading interest in China’s new container freight futures

"China’s Containerized Freight Index Futures saw high trading in its launch week, despite spot Asia-...

King Abdullah Port Welcomes Back the World’s Joint-Largest Cargo Ship.

The following release was published by King Abdullah Port:

King Abdullah Port, recognized as th...

Port of Thessaloniki increases intermodal offering to Skopje

"The Port of Thessaloniki (ThPA S.A.) has announced the inauguration of a new container block-train...

Hapag-Lloyd excluded from second round of HMM bid process

"Hapag-Lloyd has been excluded from the second round of bidding for HMM, South Korea’s flagship carr...

Ports Brace for Hurricane Idalia

"With Hurricane Idalia expected to rapidly intensify into a major hurricane before landfall somewher...

Hapag-Lloyd - AL7 service has a port addition

The following release was published by Hapag-Lloyd:

If you're shipping between South Europe and...

MSC Enhances Israel Express Service Through New VSA

The following release was published by MSC:

MSC is pleased to announce that we will enhance the...

World’s 1st methanol-powered boxship completes Europe’s inaugural methanol bunkering on final leg to Copenhagen

"Slowly but surely the world’s first containership powered by green methanol is making its way from...

WCI incurs first decline in 7 weeks

"The composite World Container Index (WCI) decreased 3.5% from the previous week to US$1,768.33 per...

MSC continues to surpass Maersk amid schedule reliability stability

"Global schedule reliability, which fell for the first time in June, has remained at 63.4 per cent i...

Florida International Terminal bags ONE service connecting to Latin America

"Florida International Terminal (FIT) will add a new service from end September operated by Ocean Ne...