HMM workers protest against 'hasty sale' to 'mid-sized concerns'
"Fearing threats to their job security from a potential sale of HMM, carrier employees demonstrated...
Panama Canal restrictions: enough capacity for containerships but not gas carriers
"Even restricting the Panama Canal number of Neo-Panamax transits to just five there should still be...
NC Ports Welcomes Seaboard Marine, New Weekly Service to Central America
The following release was published by NC Ports:
North Carolina Ports is pleased to announce a...
MSC names 24,000 TEU giant in Türkiye
"MSC Mediterranean Shipping Company, the world’s biggest shipping company, has named MSC Türkiye, on...
SFL clinches Maersk charter extension and vessel upgrades deal with Hapag-Lloyd
"John Fredriksen’s SFL Corporation has bagged a contract extension for one of its boxships and seale...
Putin hands control of FESCO to Rosatom
"Far Eastern Shipping Company (FESCO), Russia’s top container name, has a new owner. Yesterday presi...
Greeks and Chinese dominate global fleet market
"The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity...
U.S. "Friend-Shoring" Framework Isn't Shifting Trade Away From China
"US efforts to encourage Indo-Pacific nations to diversify their trade away from China confront a we...
MSC and Maersk unwind transatlantic fleets as rates hit new low
"The unravelling of MSC and Maersk’s 2M vessel-sharing alliance (VSA) fleet is continuing ahead of t...
ICTSI releases Q3 results
The following release was published by ICTSI:
- Throughput grew 7 percent to 9.45 million TEUs;...
Wilson Sons terminals sees 26 per cent growth in October
"Wilson Sons has reported a strong growth in operations at its container terminals in October, with...
Brazil estimates Natal port expansion to cost $250 million
"One of the main infrastructure projects in Natal and Rio Grande do Norte, the expansion of the port...
ONE chief Nixon calls on urgent action from Panama govt over canal water woes
"The latest restrictions on transits of the Panama Canal have prompted Ocean Network Express (ONE) C...
Lomar cuts boxship exposure
"Lomar Shipping has continued to be active on the containership sell side as it shifts its fleet tow...
US commits $553m to develop Sri Lankan terminal
"On the island of Sri Lanka, strategically located along one of the most important global trade arte...
ZIM Relaunches its ZIM eCommerce Xpress (ZEX) Service, Providing a Premium, Speedy China-US West Coast Service
The following release was published by ZIM:
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM),...
Freeport of Riga adds new berth at Baltic Container Terminal
"Construction works are underway in Kundziņsala at the Baltic Container Terminal (BCT), the largest...
Box terminals expand as Lazaro Cardenas eyes boost from near-shoring
"The terminal operators at Mexico’s second largest container port on the Pacific coast, Lazaro Carde...
Change of strategy as a more 'hawkish' Maersk raids the charter market
"Maersk is aggressively fighting to regain market share in its liner business, as the performance of...
U.S. Container Imports Continue to Rise, Outpacing Pre-Pandemic Levels
"U.S. container import volume saw a significant increase in October 2023 compared to September and h...
Dublin Port launches new €127 million freight terminal
"Dublin Port Company (DPC) has announced the launch of T4, a €127 million ($135 million) refurbished...
MSC’s vintage fleet holds key to liner shipping’s demolition derby
"One in five of the global container fleet is ripe for demolition, with the world’s largest liner, M...
Brazil's southern ports situation update
The following release was published by Maersk:
In our commitment to keeping you informed and en...
Dockworkers union warns of possible US East and Gulf Coast strikes next year
"The president of the International Longshoremen’s Association (ILA) which represents over 70,000 do...
Grimaldi and TMA inaugurate new multipurpose terminal in Amsterdam
"Grimaldi and TMA Group marked the official opening of the Amsterdam Multipurpose Terminal on 27 Oct...
HHLA backs MSC deal
"Mediterranean Shipping Co (MSC) has secured further blessings for its entry into Hamburg port." See...
Wood pellets fuel new South Korea-Russia container service
"The mid-tier South Korean port of Okgye, on the country’s east coast, has begun piloting a containe...
Last-ditch GRI bid by carriers as weak spot rates drag down new contract rates
"Asia-Europe ocean carriers are becoming increasingly concerned that their failure to substantially...
Contecon Manzanillo’s record volume in a single vessel call
The following release was published by ICTSI:
Contecon Manzanillo S.A. (CMSA), International Co...
Jeddah Islamic Port Achieves the Highest Monthly Handling in its History by Handling 511,348 TEU During October 2023
The following release was published by Mawani:
Jeddah Islamic Port achieved a significant mile...
Politics and US port funding
"The US Department of Transportation (USDOT) has awarded some $653 million for projects as part of i...
Newbuild prices approach 2008 record levels
"In nominal dollar terms, newbuild prices are now just 8% shy of the all time record registered just...
Maersk decided to cut at least 10,000 jobs
"Danish container shipping company Maersk has announced it will cut more than 10,000 jobs after the...
Job cuts inevitable as the 'wheels have fallen off' for global forwarders
"Large-scale job cuts by forwarders are expected to begin to bite, as previously “hidden” poor resul...
MSC secures fourth consecutive ‘Best Shipping Line – Asia – Africa’ award
"MSC has received the ‘Best Shipping Line – Asia – Africa’ title at the Asian Freight, Logistics, an...
Port of Kalundborg takes step towards net zero
"The Port of Kalundborg, Denmark, has announced it will electrify all cranes in its deep-water conta...
ONE Strengthens Global Presence With Terminal Acquisitions in the US West Coast and Rotterdam
The following release was published by ONE:
Ocean Network Express (“ONE”) is pleased to announc...
Total volume holds steady in September at the Port of NY and NJ
"In September, the Port of New York and New Jersey recorded 660,553 TEUs (363,853 containers), a 21....
Emirates Shipping Line to commence Far East Africa Express service
The following release was published by Emirates Shipping Line (ESL):
Emirates Shipping Line (ES...
Port of Gothenburg handles 677,000 TEUs in first three quarters
"In the first three quarters of the year, the total number of containers handled in the Port of Goth...
Maersk charters more tonnage to catch up with MSC
"Maersk Line has been actively chartering vessels in the last fortnight, as the Danish giant tries t...
'Daylight robbery' – Fury at huge hike in terminal fees by DP World Australia
"Port users have responded angrily to DP World Australia’s planned increase in terminal fees of up t...
Threat to contract rates as carriers fail to boost spot market prices
"Ocean carriers aim to have at least 50% of their business fixed by way of annual contracts, which a...
Israel’s Shipping Industry Urges Government to Help With Jump in War Insurance
"Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifi...
Breakaway Barge Damages Pier in Downtown Seattle
"A breakaway barge loaded with containers has damaged a pier along Seattle’s downtown waterfront." S...
Kalmar delivers hybrid straddle carriers to Kingston Freeport Terminal
"Kalmar, part of Cargotec, has concluded an agreement to supply Kingston Freeport Terminal Limited (...
Maersk’s container shipping business slumps into the red for Q3
"AP Moller Maersk’s container shipping, or ocean, business slumped into the red in the third quarter...
The Northwest Seaport Alliance awarded $54 Million Grant for Husky Terminal Expansion
The following release was published by Northwest Seaport Alliance (NWSA)
The Northwest Seaport...
Tanger Med, East Port Said added to EU’s upcoming emissions regulations
"To reduce the risk of evasive port calls and relocation of container transhipment activities to por...
World’s first ammonia-powered boxship set to deliver in 2026
"Yara Clean Ammonia, part of Norwegian ammonia and fertilizer manufacturer Yara, and fellow liner op...