News

UK Logistics Company Goes with Americans Over Bid from CMA CGM’s CEVA

"The board of directors of UK-based Wincanton withdrew its support for a takeover offer from CMA CGM...

High transpac rates good news for carriers as new contract talks loom

"Container spot rates on the transpacific edged down slightly again this week, however they remain s...

German rail volumes see 86 per cent spike

"Rail-based container transport in Germany has increased by approximately 85.9 per cent from just un...

MSC expands offering: New direct service from Gothenburg to South America

The following release was published by APM Terminals:

Since March 2022, MSC (Mediterranean Ship...

TYRREX - Move to Augusta port in Sicily

The following release was published by CMA CGM:

Effective at the end of March 2024, all CMA CGM...

ICTSI FY2023 Reported Net Income at US$511.53M after non-cash impairment charges; Recurring Net Income Up 7% to US$676.83M

The following release was published by ICTSI:

  • Throughput grew 4% to 12.75 million TEUs
  • Rev...

CMA CGM extends cooperation with SIPG

"CMA CGM and Shanghai International Port Group (SIPG) have signed a strategic terminal stevedoring a...

The Bolloré Group and the CMA CGM Group announce the successful sale of Bolloré Logistics to CMA CGM

The following release was published by CMA CGM:

The Bolloré Group and the CMA CGM Group announc...

PSA Sines progresses to fully automated yard equipment

The following release was published by: PSA Sines:

These cranes, will be added to the twenty-ni...

Ankara’s Port Başkent OIZ Eti Logistics Ankara Intermodal Terminal Proudly Launches its Operations

The following release was published by: Yilport

In the first phase of Ankara’s Port Başkent OIZ...

Port of Montreal Comes to an Agreement With Pomerleau and Aecon for the In-Water Works Design of Its Contrecœur Expansion Project

The following release was published by: Port of Montreal:

The Montreal Port Authority (MPA) is...

Maersk’s new NAM chief urges US shippers to 'know your best alternative'

"Maersk’s new regional president for North America, Charles van der Steene, has advised US shippers...

Port of Tanjung Pelepas orders six ULCV quay cranes

"The Port of Tanjung Pelepas (PTP) has inked an agreement with Sany Marine Heavy Industry Co Ltd to...

Port of Melbourne handles nearly 270,000 TEUs in January

"The Port of Melbourne reported an increase in total container throughput for January 2024 compared...

Port Houston Starts New Year on the Rise

The following release was published by: Port Houston

Port Houston has had a great start to the...

Euroseas eyes improved box market as it fixes out another newbuild

"Greek owner Euroseas has taken advantage of the improving containership market to clinch another lo...

NYK acquires UK logistics company

"Japan’s Nippon Yusen Kaisha (NYK) has bought Noel Topco, a UK-based holding company of 10 companies...

Biden Administration Launches $3 Billion Clean Ports Program

"The U.S. Environmental Protection Agency has announced the launch of the $3 billion Clean Ports Pro...

OOCL, Sumitomo Corporation team up for refrigerated ocean transport

"Sumitomo Corporation and Orient Overseas Container Line Limited (OOCL) have signed a business allia...

Wilson Sons presents new technological and operational solutions for the maritime and port industry

"With over 186 years of operations and nationwide coverage, Wilson Sons, a leader in port and mariti...

CMA CGM resumes Red Sea transits on ‘case-by-case’ basis

The following release was published by: CMA CGM:

The CMA CGM Group has reevaluated the situatio...

CULines launching new China-Southeast Asia service

"Chinese feeder service provider China United Lines (CULines) is opening up a new service connecting...

Port of Antwerp-Bruges to pay more than $44m in DP World concession dispute

"The port of Antwerp-Bruges will have to pay €41.3m ($44.7m) plus costs and interest to DP World und...

Red Sea crisis sees more vessels serving intra-Europe

"Intra-Europe container shipping capacity has gone up nearly 18% year-on-year, as the Red Sea crisis...

Box lines in legal battle with South Korea’s antitrust body over fines

"More than 20 liner operators look set for a protracted legal battle with the Korea Fair Trade Commi...

FMC Adds Chinese Shipping Company to Controlled Carrier List

"The Federal Maritime Commission, the independent federal agency responsible for ensuring a competit...

Maersk Warns Red Sea Disruptions Could Last Into Second Half of Year

"Maersk has warned of disruptions to container shipping via the Red Sea dragging into the second hal...

Houthis Say No End to Red Sea Attacks Until Israeli ‘Aggression’ Stops

"Yemen’s Houthis said on Tuesday they could only reconsider their missile and drone attacks on inter...

The Port of Hamburg maintains its position in challenging conditions

The following release was published by Port of Hamburg:

Geopolitical and economic challenges we...

Port of Oakland January container volume continues to rise

The following release was published by Port of Oakland;

The Port of Oakland January container v...

MSC adds new connections to the West Coast of South America through JAXPORT

The following release was published by JAXPORT:

Ocean carrier MSC Mediterranean Shipping Compan...

Red Sea Diversions Having Widespread Impact on UK and EU Businesses

"New research by the British Chamber of Commerce released today uncovered the scale of the impact on...

Delays in Guangzhou after Lixinsha Bridge collapse

"There could be some delays for ships and trucks in Guangzhou, following an accident that saw a barg...

Spain’s Ports See Goods Traffic Rise as Red Sea Crisis Continues

"The volume of goods moving through Spain’s top ports rose by as much as 25% in January as attacks o...

CMA CGM, COSCO SHIPPING, Evergreen and OOCL to extend OCEAN Alliance until 2032

The following release was published by CMA CGM:

  • Leading ocean carriers, founding members of the...

Scrubbers save $13 billion in shipping fuel

"According to Sea-Intelligence, ships’ exhaust gas cleaning systems (EGCS) known as ‘scrubbers’ have...

Today marks the launch of Folk Maritime, Saudi Arabia’s first feeder vessel and short-sea operator

The following release was published by Folk Maritime:

Today marks the launch of Folk Maritime,...

Maersk - OC1 Oceania to Americas direct Sydney coverage returns

The following advisory was published by Maersk:

We are pleased to inform you that we will be ma...

CMA CGM gets green light from EC to acquire Bolloré Logistics

"The European Commission (EC) has approved the proposed acquisition of compatriot transport and logi...

CMA CGM raises its bid for UK logistics firm Wincanton

"French carrier CMA CGM has increased its offer to buy Wincanton to about $766m in cash as the UK lo...

China Calls U.S. Port Crane Cybersecurity Accusations “Entirely Paranoia”

"China responded to the U.S. initiative on port cybersecurity and the focus on Chinese-manufactured...

Los Angeles port head says Chinese cranes pose security risk

"The head of the busiest US maritime gateway said Chinese-made cranes pose a potential risk to natio...

BBBY administrators in $1.25m contract breach claim against Evergeen

"Bed, Bath and Beyond’s administrators have their sights on another shipping line, pursuing Evergree...

Middle East logistics players reportedly eye potential of DB Schenker takeover

"Move aside, DSV? More than 20 bidders have reportedly expressed interest in buying DB Schenker, inc...

CMA CGM: 2023 annual financial results reflect a year of contrasts for the transport and logistics industry

The following release was published by CMA CGM:

  • Gradual deterioration in the maritime shippin...

Somalia Will Defend Itself If Ethiopia Seals ‘Illegal’ Port Deal, President Says

"Somali President Hassan Sheikh Mohamud said his country would “defend itself” if Ethiopia goes ahea...

OOCL Further Optimizes its Fleet Capacity with the Eight Eco-friendly 24,188TEU Ship “OOCL Abu Dhabi”

The following release was published by OOCL:

Orient Overseas Container Line Ltd. (“OOCL”) is de...

ICTSI Contecon Manzanillo registers record rail volumes

"Contecon Manzanillo S.A. de C.V. (CMSA), a subsidiary of International Container Terminal Services,...

FMC issues definitive guidelines on demurrage and detention in the US

"The supply chain disruption of the pandemic brought a slew of complaints and actions in the US by s...

Panama Canal revenues up 14.9% in 2023 despite transit restrictions

"In 2023 the Panama Canal’s revenues increased by 14.9% to $4.97 billion despite handling less cargo...