News

Svitzer's Australian tug crew lockout will bring ports to a grinding halt

"AP Møller-Maersk-owned Svitzer is set to bring Australia’s container ports “to a standstill” by bar...

Carriers lose pricing discipline with 'unsustainable' ex-Asia freight rates

"Ocean carriers are heavily discounting spot cargo from Asia as ‘top up’ for their much higher payin...

Euroseas exceeds US$85 million in profits in 2022 so far

"Greek ship owner Euroseas published its results for the first nine months and third quarter of 2022...

Port of Hamburg sees container volume fall in 2022

"Port of Hamburg has reported lower cargo figures for the first nine months of the year, compared wi...

Shipper says email proves retaliation claim against Hamburg Sud

"A US furniture importer says an email from a now-former Hamburg Sud executive bolsters its claim th...

OICT resumes vessel operations after ILWU job action

"The Port of Oakland’s largest container terminal was fully operational Tuesday after the loading an...

Port of Savannah boasts second best month on record

"The Georgia Ports Authority (GPA) has moved 552,800 TEU in October, for an increase of 9.6 per cent...

Port of Newcastle bill ‘unshackles’ restrictions over container terminal

"The Australian government has passed a bill unlocking restrictions on the development of a containe...

CSM, Marcap ink vessel performance optimisation agreement

"Columbia Shipmanagement (CSM) and Marine Capabilities (MARCAP LLC) have signed a Memorandum of Unde...

Saudi ports nears 700,000 TEU mark in October

"Container throughput across Saudi ports has continued its upward year-on-year movement during Octob...

STI Chile adds new STS and RTG cranes

"San Antonio Terminal Internacional (STI) has announced the upcoming delivery of two new Super Post...

Port of Itajai renews interim contract with APM Terminals

"The superintendent of the Port of Itajaí, Fábio da Veiga, and the city’s acting mayor Marcelo Sodré...

Florida shipper sues, claiming Maersk 'flouts the law to rake in profits'

"A Florida shipper has issued a complaint against Maersk and its subsidiary, Hamburg Süd, that inclu...

Carriers lose pricing discipline with 'unsustainable' ex-Asia freight rates

"Ocean carriers are heavily discounting spot cargo from Asia as ‘top up’ for their much higher payin...

HHLA announces mixed results with revenue increase, profit fall and container drop

"Hamburger Hafen und Logistik AG (HHLA) recorded a positive trend in revenues in the first nine mont...

Adani box volumes at Mundra dip amid transshipment handling slowdown

"New exclusive data collected by Container News indicates a sequential slide in container volumes ha...

SeaLead announces new managing director for South Asia and Middle East

"SeaLead has announced the appointment of Shiva Mahadevan as managing director, South Asia and Middl...

ILWU halts vessel operations at Oakland’s largest terminal

"Members of the International Longshore and Warehouse Union (ILWU) shut down vessel operations at th...

Third US rail union rejects tentative labor agreement

"Members of the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers...

DP World inaugurates two Super Post Panamax cranes at Lirquén terminal

"DP World has inaugurated two Super Post Panamax ship-to-shore (STS) cranes at its Lirquén Chile ter...

Santos Port posts best cargo quarter ever

"Santos Port Authority (SPA) ended the third quarter with a net profit of R$136 million ($26 million...

Floridian ports begin reopening after coast battered by Hurricane Nicole

"Florida’s ports have slowly restarted operations following a Category 1 Hurricane Nicole hitting th...

Port of Liverpool goes back to normality following pay deal

"Industrial action within the Port of Liverpool has ended as Peel Ports Group (PPG) and Unite the Un...

Port of Long Beach still ahead of last year despite cargo drop

"Cargo moving through the Port of Long Beach has eased up once more in October, following reduced co...

GCT Canada buys Konecranes RTGs

"GCT Canada has ordered a further 10 Konecranes Rubber-Tyred Gantries (RTGs) for its GCT Deltaport c...

Greek shipowner newbuilding orders grow

"Greek shipowners are continuing to renew their fleet as more newbuilding contracts emerge. As of mi...

Container spot rate decline accelerates again in past week

"Spot container shipping freight rates fell sharply again over the last week dropping a further 9% d...

India extends export incentives for rupee-denominated trade transactions

"Indian policymakers have reworked foreign trade policy guidelines and related banking regulations t...

Rates rebound as blank voyages strategy starts to pay off for carriers

"Spot container freight rates on the largest deepsea trades rebounded this week, despite continuing...

India's exports slip to pre-Covid level just as logistics disruption eases

"India’s container supply chains have returned to normal, following Covid-era bottlenecks, but expor...

Florida ports shut down as storm Nicole strikes

"In Florida, the US Coast Guard Captain of the Port has set port condition ZULU for Port Canaveral,...

Yang Ming surpasses $5.5 billion mark in first three quarters

"Yang Ming Marine Transport Corporation (Yang Ming) has posted consolidated revenues of NTD99.81 bil...

Maersk breaks ground on new warehouse in the Philippines

"A.P. Moller-Maersk (Maersk) has opened a new 100,000 square-metre warehouse in Calamba, Laguna....

Port of Long Beach sees 16.6% plunge in October box volumes

"One of the two main gateway ports on the US West Coast, along with Los Angeles, the Port of Long Be...

New carbon emissions index claimed to put IMO metric to shame

"Following discontent with the IMO’s Carbon Intensity Indicator (CII) and Energy Efficiency Existing...

Drewry urges shippers to start planning for decarbonisation in shipping, warns of up to US$14 billion in extra costs

"The imperative to decarbonise the global shipping industry is clear and present, however, many of t...

Chile’s largest port to enhance its equipment with 20 Konecranes lift trucks

"San Antonio Terminal Internacional (STI) has begun taking delivery of 19 Konecranes Liftace reach s...

CMA CGM to reshuffle SIRIUS service rotation connecting the Mediterranean with East Coast South America

The following release was published by CMA CGM:

CMA CGM informs its customers that its SIRIUS se...

Carriers face ‘bumpy ride’ on rates, but no return to 2016 losses: Habben Jansen

"Ocean freight rates could slide further before stabilizing, although the market is unlikely to see...

Exporter losses are collateral damage in West Coast port disruption

"As West Coast longshore labor negotiations drag on with little progress, concern is growing about f...

SAFEEN Feeders Launches New UAE-Red Sea Service

The following release was published by Safeen Group:

November 10, 2022

Route Provides Fastes...

Canada port modernization lays groundwork for legislation

"Canada is giving its port system the first major rethink in more than two decades after disruption...

CMA CGM commits $200 million to French maritime industry

"The CMA CGM Group (CMA CGM) has reaffirmed its commitment to the development of a decarbonised and...

Kalmar receives hybrid straddle carrier order to GMP Le Havre

"Kalmar, part of Cargotec, has received a repeat order of 12 Kalmar Hybrid Straddle Carriers to GMP...

Adani begins works on 3.2 million TEU Colombo Port terminal

"Construction works to develop the Western Container Terminal (WCT) at Colombo Port have officially...

DP World launches new technology innovation centre in India

"DP World has opened a new technology centre in Gurgaon, India – its third this year following two i...

SIPG and Jiangxi Port set up container terminal joint venture

"SIPG and Jiangxi Port Group plan to establish the joint venture, Jiangxi Container Terminal Managem...

ICTSI container volumes grow 7% in first nine months of 2022

"International Container Terminal Services Inc (ICTSI) handled consolidated volume of 8.85m teu in t...

SeaLead Launches IDEA Service Connecting India and UAE to East Africa

The following release was published by Sea Lead: New Service Provides Fast and Direct Link Between F...

CMA CGM’s Containerships launches new intra-Europe line

"Containerships, a subsidiary of the French container carrier CMA CGM, will connect the lower Baltic...