News

Shippers claim proposed carbon tax could be ‘world’s biggest BAF’

“Shippers in the US and Europe have raised concerns about the shift of the carbon pricing debate, cl...

Ports introduce back-up plans as 25,000 truckers strike in South Korea

“Unionised truck drivers in South Korea went on strike today, demanding that freight rates which guarantee basic wages must be achieved.” See the original story at The Loadstar. Source: The Loadstar (JK)

Chittagong depot fire extinguished after 61 hours

“The devastating Chittagong depot fire could finally be extinguished on 7 June at noon, approximately 61 hours after the fire broke out on Saturday at 9.00 PM (local time).” See the original story at Container News. Source: Container News (JK)

US import demand is dropping off a cliff

“The latest ocean container bookings data reveals that despite the strong levels of inbound cargo du...

Delays rise at Ontario rail ramps amid surge in Vancouver volumes

“A surge of intermodal containers destined for Canada’s freight hub of Toronto has come amid a nearl...

Early peak season, mixed signals to test Asia-US rate strength

“The coming two months will reveal just how much US importers are pulling back on orders from Asia,...

Kalmar to supply Miami container terminal with new RTGs

“The South Florida Container Terminal (SFCT), located at the Port of Miami, has ordered 12 electric Rubber-Tired Gantry (RTG) cranes from Kalmar.” See the original story at Port Technology. Source: Port Technology (JK)

DP World Southampton first British terminal to phase out fossil diesel

“DP World Southampton’s container terminal has become Britain’s first terminal to eliminate fossil d...

Canadian investment group funds $5 billion in DP World’s UAE assets

“DP World and Caisse de Depot et Placement du Quebec (CDPQ) have announced an investment of $5 billion in three of DP World’s flagship United Arab Emirates (UAE) assets.” See the original story at Port Technology. Source: Port Technology (JK)

Port Houston starts work on $1 billion channel expansion project

“Port Houston, in partnership with the US Army Corps of Engineers, has started work on its $1 billion expansion of the Houston Ship Channel.” See the original story at Port Technology. Source: Port Technology (JK)

Hong Kong freight forwarder Excel Network lodges IPO application

“Hong Kong freight forwarder Excel Network has joined a number of companies in the container shipping market in publicly listing on the Hong Kong Stock Exchange.” See the original story at The Loadstar. Source: The Loadstar (JK)

Orders by MSC and Seaspan revive K Shipbuilding

“K Shipbuilding has been given a new lease of life with orders from Seaspan Corporation and MSC for a total of eight 8,000 TEU container ships.” See the original story at Container News. Source: Container News (JK)

Chittagong depot still burning, more chemical laden boxes identified

“The Chittagong depot is still burning with firefighters keeping away newsmen and depot officials fa...

MSC Launches Pertiwi Service on the Intra-Asia Trade

The following release was published by Mediterranean Shipping News (MSC):

MSC is pleased to launc...

Long Beach Harbor Commission approves increased annual budget for the port

“The Long Beach Board of Harbor Commissioners has approved a US$685.5 million annual budget for the Port of Long Beach.” See the original story at Container News. Source: Container News (JK)

Shanghai port congestion nearly back to normal levels

“As Shanghai springs back to life after two months of lockdown, congestion at the port is almost back to normal, according to data from VesselsValue.” See the original story at Splash247. Source: Splash247 (JK)

Mediterranean on track to become world’s next ECA

“The Mediterranean looks like it will follow the likes of the Baltic and the North Sea with the crea...

MSC calls out Panama Ports Company for disrupting its operations

“Mediterranean Shipping Company (MSC) has criticised Panama Ports Company (PPC) for obstructing its...

Revamped Hong Kong–Shenzhen pilot rules to speed Yantian ship arrivals

“Carriers will see improved transit times between Hong Kong and Shenzhen after marine pilots agreed...

CMA CGM posts $7.2 billion Q1 profit, but warns of risks ahead

“CMA CGM on Friday became the latest major ocean carrier to report a massively profitable first quar...

Wan Hai Lines Holds Online Ship Naming Ceremony for New Vessels Accompanied by a Charity Donation

The following release was published by Wan Hai Lines:

Wan Hai Lines Ltd. held ship naming ceremon...

Bureau Veritas, Aras to deploy digital twin pilots

“Shipping classification society Bureau Veritas has teamed up with Aras to deploy digital twin pilots across different markets.” See the original story at Port Technology. Source: Port Technology (JK)

Update: 49 dead in Chittagong depot blasts, US$100 million loss estimated – Fire under control after 25 hours

“Twelve fire fighters were among the 49 dead in Saturday’s chemical laden container blast in a Chitt...

Turkish ports major beneficiary in Black Sea amid war in Ukraine

“The seaports in Turkey are found to be the major beneficiary of the ongoing Russia Ukraine war. The...

Port of Halifax takes actions to reduce vessel emissions

“The Halifax Port Authority (HPA) joined the World Port Climate Initiative (WPCI) as an Incentive Pr...

LNG champion CMA CGM orders its first methanol-fuelled ships

“Methanol as a leading contender for a fuel of the coming decades has been given a huge fillip with news that a champion of LNG has ordered its first methanol ships.” See the original story at Splash247. Source: Splash247 (JK)

Trans-Pacific blankings persist despite Shanghai reopening

“Even as Shanghai reopens after two months of COVID-19 lockdowns, container lines continue to blank...

Import surge prompts Saturday gates at Houston container terminals

“The Port of Houston’s two container terminals will be open to truckers on Saturdays for at least th...

Colombo Port ranked most efficient in South Asia and Indian sub-continent: World Bank and S&P

“The Port of Colombo has been ranked as the most efficient port in South Asia and the Indian Sub-Con...

Two Boxships Break Away From Their Moorings in Five Days at Brisbane

“Australian authorities are investigating two breakaway incidents involving containerships in the span of five days at the port of Brisbane.” See the original story at The Maritime Executive. Source: The Maritime Executive (JK)

CMA CGM to reshuffle its MEDCARIBE service

The following release was release published by CMA CGM:

CMA CGM is pleased to announce the **resh...

Kalmar signs hybrid Straddle Carrier deal with German container terminal

“Kalmar – part of Cargotec – has signed an agreement with NTB North Sea Terminal Bremerhaven GmbH &...

LNG leads the way on alternative fuels

“There are how 805 LNG-fuelled ships in operation or on order, and 229 more ‘LNG-ready’ ships, accor...

Ningbo-Zhoushan port May container volumes hit record

“Ningbo-Zhoushan port’s single month container volume hits a new high in May, surpassing the latest record of 3m teu in April.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

CU Lines teams up with Antong Holding

“Antong Holdings and CU Lines, ranking top four and top five respectively in China’s container shipp...

Barge loses 18 containers overboard in strong winds

“All 18 containers on a barge fell overboard after encountering a storm en route in the Andaman Sea from Kantang, Thailand to Penang, Malaysia, on 29 May.” See the original story at Container News. Source: Container News (JK)

Polaris and Sirius Star service closure

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

With the continued schedule disrupt...

Commissioner Dye Releases Final Report for Fact Finding No. 29

The following release was published by Federal Maritime Commission (FMC):

Commissioner Rebecca F....

Schedule Update – North West Continent – USA – South America West Coast

The following release was published by Mediterranean Shipping News (MSC):

Due to the current chal...

Maersk completes acquisition of Senator International

“A.P. Moller – Maersk has announced the closing of the acquisition of global freight forwarder Senat...

Shipping agents threaten to stop carrying cargoes to and from Sri Lanka

“Shipping agents in Sri Lanka have warned that shipping lines could stop accepting import and export...

South Korean shipbuilder seals $1bn worth of newbuilding contracts

“Seaspan and MSC have each booked four LNG dual-fuel newbuildings with the South Korean shipyard.” See the original story at TradeWinds. Source: TradeWinds (JK)

Port Saint John records fifth consecutive year of growth in container volumes

“Port Saint John moved 86,949 TEU in 2021 – marking the fifth consecutive year of growth in container volumes at the port.” See the original story at Port Technology. Source: Port Technology (JK)

ICTSI Pakistan handles first export shipment from Uzbekistan

“Pakistan International Container Terminal (PICT), located in the Port of Karachi, has handled its first ever export shipment from Uzbekistan.” See the original story at Port Technology. Source: Port Technology (JK)

Our service in Africa grows with the confirmed acquisition of the container liner business of DAL

The following release was published by Hapag-Lloyd:

After signing a framework agreement in March,...

North European box ports at capacity even before peak season starts

“With a wave of import containers expected from Shanghai’s reopening and peak season just around the corner, North Europe’s box port hubs, worryingly, remain severely congested.” See the original story at The Loadstar. Source: The Loadstar (JK)

‘Synchromodality’ the key to beating Europe’s inland waterway congestion

“DP World VP of inland and logistics for Europe Rob Harrison is urging shippers to buy into “synchromodality” to combat North Europe’s systemic barge congestion.” See the original story at The Loadstar. Source: The Loadstar (JK)

KOBC shifts funding focus from now stable HMM to intra-Asia operators

“South Korea’s state-backed ship finance institution Korea Ocean Business Corp (KOBC) is to provide...

Port of Oakland conducting study on widening turning basins to facilitate bigger ships

“The Port of Oakland this week released a notice of preparation to begin an environmental review for...

RCL founder hands the reins to his son

“There’s a generational change of leadership today at Bangkok-listed Regional Container Lines (RCL) with the son of the founder taking the reins.” See the original story at Splash247. Source: Splash247 (JK)

Page 5 of 259