News

Zhonggu to target containerised dry bulk to fill fleet of new box ships

"Zhonggu Logistics, China’s largest coastal liner operator, wants to attract more containerised dry...

Japanese yard orders fall to six-year low as container freight slumps

"The weakening container freight market has affected the fortunes of Japanese shipbuilders, which sa...

Maersk and Hope Hicks resolve sexual assault case

"Hope Hicks, a former midshipman on the Maersk Line, Limited (MLL) ship Alliance Fairfax, and MLL ha...

European shipping rallies ahead of ETS ruling

"As the negotiations on the revision of the European Union emission trading scheme enter their final...

Top unions split on tentative agreement with US rails

"The labor peace negotiated in September between US railroads and their unions got shakier Monday af...

Mobile’s breakbulk dockworkers to strike Tuesday after talks halted

"Longshore workers plan to strike Tuesday against the Port of Mobile’s breakbulk stevedore after a m...

Carrier Transicold delivers 1,750 reefer units to PIL

"Carrier Transicold has provided 1,750 PrimeLINE and EverFRESH 40 ft high-cube refrigeration units t...

Unions support Australia’s Commission decision to block Svitzer’s planned lockout

"Trade unions have welcomed a strong rebuke of Maersk-owned Svitzer Australia by the Fair Work Commi...

Port of Oakland makes “insufficient” gains to overturn past downtick

"The Port of Oakland has witnessed a rise in full imports and exports compared to both last month an...

US inbound containers drop 9.4% in October

"The decline in inbound US container volumes accelerated in October, falling by 9.4% across the 10 l...

Carriers 'in panic mode' as recession bites, offering 'crazy' ocean rates

"Ocean carriers are said to be in “panic mode” as bookings from China to North Europe and the US wes...

Ro-ro market rebounds as rates double and vessel space is at a premium

"As the container shipping bonanza comes to an end, the ro-ro market has come alive, with full ships...

Korean shipping lines promised billions in state support as profits fade

"South Korea’s minister for oceans and fisheries has assured the country’s container shipping compan...

New CEO for SM Line

"South Korean liner operator SM Line has appointed Yoo Jo-hyuk as its new chief executive officer (C...

Transshipment sector hurts port of Valencia box volumes so far in 2022

"In the first ten months of the year, there was a fall in the number of containers entering and leav...

Canada’s transport chief wants more say in ports, railroads

"Canada’s transportation regulator is asking federal legislators to pass a new law that gives the go...

India–US rates fall to 18-month low as liners struggle with overcapacity

"Container freight rates on the dominant trade lanes out of India have fallen to their lowest levels...

Service changes – TP23 suspension

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

We continuously strive to strength...

Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform

The following release was published by *AD Ports Group:*

Abu Dhabi, UAE – 18 November 2022: AD...

Maersk, Carbon Sink sign green marine fuels production deal

"A.P. Moller – Maersk (Maersk) has entered a green methanol partnership with US-based project develo...

Port of Immingham orders three Liebherr mobile harbour cranes

"Associated British Ports (ABP) Immingham will receive three new Liebherr mobile harbour cranes....

Australia’s workplace tribunal stops Svitzer lockout

"Svitzer’s planned lockout at ports across Australia will not go ahead following a suspension from A...

Zim will focus on niche markets as it prepares for the ‘new normal’

"Israeli ocean carrier Zim said yesterday it expected freight rates to keep falling and was preparin...

Concor presents volume-linked rail rebates for empty boxes amid cooling demand

"Container Corporation (Concor), the largest intermodal logistics provider in India, is adopting pro...

NWSA sees lower box volumes

"Total container volume at the Northwest Seaport Alliance (NWSA) decreased 13.6% to 272,129 TEUs in...

CMA CGM to enhance its JEDDEX service connecting Europe & Red Sea with Kenya & Mayotte

The following release was published by CMA CGM

In a continued effort to provide a reliable and...

MABUX reports irregular changes for fuel indexes

"According to the weekly outlook of Marine Bunker Exchange (MABUX) for bunker prices, fuel indices d...

Trans-Pacific volume decline picks up pace in October

"US imports from Asia in October plunged to their lowest level in 20 months, with the rate of declin...

NY-NJ swept of more empties as West Coast diversions grow

"Under the threat of penalty fees, ocean carriers are accelerating the removal of empty containers f...

New Maersk regional string gives Indian exporters more transshipment options

"Maersk is set to launch an independent regional service connecting West India, the United Arab Emir...

NACKS floats out OOCL’s new eco-friendly 24,000 TEU behemoth

"Nantong COSCO KHI Ship Engineering Co. (NACKS), a joint venture between Kawasaki Shipbuilding Corpo...

ICTSI Georgia welcomes Mediterranean – Black Sea service

"Batumi International Container Terminal (BICT) has received the inaugural vessel call of COSCO Ship...

A.P. Moller – Maersk to launch ‘Shaheen Express’ connecting the India–UAE–Saudi Arabia corridor

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

The new ocean shipping service aim...

ZIM tops $3 billion mark so far in 2022

"ZIM Integrated Shipping Services Ltd (ZIM) has posted a net income of $4.21 billion so far this yea...

SC Ports marks third busiest month with over 250,000 TEU

"South Carolina Ports (SC Ports) handled a record number of containers in October, marking its third...

Suez Canal Authority signs $500 million deal for East Port Said container terminal

"The General Authority of the Suez Canal Economic Zone (SCZONE) and Suez Canal Container Terminal (S...

Vessels must vacate Australian ports ahead of lockout

"Inchcape Shipping Services said vessels will need to leave Australia’s Port of Newcastle and Port K...

Possible US rail strike looms again as talks continue

"The possibility of a US rail strike is starting to loom again as three unions members reject a tent...

Yangzijiang Shipbuilding delivers 12,000 TEU boxship to Seaspan

"Seaspan Corporation took delivery of its final 11,800 TEU containership from a series of six ultra-...

Low ocean shipping rates here to stay as overcapacity looms

"Carrier expectations of a rule-enforced ship-scrapping bonanza – and capacity reduction of around 1...

Europe's feeder operators feel the pressure as volumes from Asia decline

"The knock-on effect from blanked sailings from Asia has significantly reduced the need for feeder s...

Peter Levesque named new president of CMA CGM America and APL

"The CMA CGM Group has announced that Ed Aldridge, president of CMA CGM America and American Preside...

Canada invests in Port of Prince Rupert to increase supply chain capacity

"Canada’s Minister of Transport Omar Alghabra on Wednesday announced an investment of nearly C$75m (...

Maersk adds US developer Carbon Sink to green methanol supplier list

"Danish carrier A.P. Moller – Maersk has further strengthened its efforts to accelerate global produ...

Prolonged trans-Pacific spot slump has shippers eyeing contract reductions

"Trans-Pacific container lines are accelerating their blank sailings and pulling back on deployed ca...

Jeddah Islamic Port handles record container volumes in October

"Jeddah Islamic Port has seen its container throughput breach a new monthly record this October....

Hapag-Lloyd to deploy Portchain Connect across its terminals

"Portchain has announced a 5-year partnership with Hapag-Lloyd to deploy Portchain Connect across th...

Port of LA October container volumes plummet 25%

"The largest container port in the US handled 678,429 teu in October 2022 a drop of 25% year-on-year...

Zhonggu Logistics set to start deploying 18 boxship newbuilds

"China’s logistics service provider, Zhonggu Logistics, is planning to put one boxship from seventee...

Major Chinese ports container volume up 3.2% in late Oct

"Container volume at eight major Chinese ports increased 3.2% year-on-year in late October reversing...