News

ZIM to monitor its reefers through ORBCOMM’s fleet management platform

"ZIM has selected ReeferConnect, a fleet management platform developed by the Internet of Things (Io...

APM Terminals Bahrain to change leadership

"Maureen Bannerman, the current managing director of APM Terminals Bahrain, will leave her position...

South Korean shipbuilders hit by welder crisis as over 1,000 Vietnamese workers denied entry

"More than 1,000 Vietnamese workers have been denied entry to South Korea over forged documents, lea...

Wan Hai’s new eco-friendly boxship trio named in Japan

"Taiwanese shipping company Wan Hai Lines has held a naming ceremony for three new eco-friendly 3,01...

Union vs. Union Dispute Stalls West Coast Port Labor Talks

"A dispute between two unions over which workers get certain jobs at a cargo-handling terminal at th...

A Container Terminal At Newcastle Takes A Step Closer To Reality

"THE LOWER house of the New South Wales Parliament on Tuesday passed the Port of Newcastle (Extingui...

Port of Liverpool reaches bargain deal to end strikes

"Peel Ports Group (PPG) and Unite the Union union members have reached a deal after a months-long di...

Guangzhou fears lockdown as COVID-19 cases hit 2,000 mark

"Chinese authorities in the city of Guangzhou have launched mandatory mass testing in nine districts...

Maersk to open 100,000 square foot Chattogram warehouse

"Maersk is expanding its Bangladesh warehousing footprint opening a new 100,000 square foot facility...

Armour-plated Danaos to hit net zero debt after Zim share sell-off

"Greek container ship owner Danaos will have close to zero debts and no significant capital or refin...

Strike action at port of Antwerp to launch on 9 November

"A strike of port workers is expected to commence tomorrow (9 November) at the port of Antwerp, star...

NWSA, Busan Port Authority collaborate on decarbonisation initiative

"On 7 November, Northwest Seaport Alliance announced its newest decarbonisation effort and partnersh...

US retailers lower import forecast amid demand decline

"US retailers Tuesday significantly downgraded their forecast for US imports over the next several m...

Korea introduces new box cargo index

"The South Korean national government has launched its own container freight index today to improve...

DP World commits half a billion dollars to CO2 reduction

"DP World has announced it will invest up to $500 million to cut CO2 emissions from its operations b...

Maersk, MSC accused of exerting container dominance in Brazil

"The Brazilian Association of Port Terminals (ABTP) has filed a legal request at Brazil’s Administra...

ICTSI hits over $1.5 billion revenue

"International Container Terminal Services, Inc. (ICTSI) has reported unaudited consolidated financi...

Jinjiang Shipping launching Dalian-Japan services

"The Chinese shipping service provider, Jinjiang Shipping, is opening up two express services from t...

Major Californian ports partner with MPA Singapore on green, digital shipping corridor

"The Maritime and Port Authority of Singapore (MPA), Port of Long Beach (POLB), Port of Los Angeles...

CN analysis: Indian major ports face cooling container volumes amid export pressure

"According to new port data obtained by Container News, the flow of containers in and out of major I...

Seafarer handed 20-year sentence over fatal stabbing

"A Filipino seafarer who stabbed to death a colleague on the MSC Ravenna containership bound to Los...

Hyundai Heavy unveils boxship design with no lashings

"South Korea’s Hyundai Heavy Industries (HHI) has developed a containership design which requires no...

Evergreen takes full control of Panama transshipment hub

"Evergreen Marine is consolidating ownership of a transshipment hub for its US East Coast and East C...

Seventh union ratifies tentative US rail agreement

"A seventh rail union has ratified the tentative contract deal brokered by the Biden administration,...

US import demand balance continues eastward shift

"Ports on the US West Coast have witnessed a considerable drop in import shipments over the past yea...

South Africa releases plans for South African Shipping Company

"The Department of Transport of South Africa has released the first draft of the South African Shipp...

RZD Logistics boosts Russian trade with rail link via Iran to India

"RZD Logistics, a subsidiary of Russian railway monopoly RZD, has begun regular container train serv...

Carriers consider laying-up box ships as blanking fails to prop up rates

"The idled containership fleet has breached the 1m teu capacity milestone – and is set to jump signi...

Increasing domestic box ship fleet could reduce costs for Vietnam's shippers

"Freight forwarders and logistics experts say the expansion of Vietnam’s container shipping fleet, a...

Hauliers fear for their businesses as next Liverpool Port strike is announced

"Concerns are mounting for Liverpool supply chains as dockers are set to walk out for the fourth tim...

'Nobody works for free': Why Port of Oakland workers walked out

"Hundreds of clerks represented by the International Longshore and Warehouse Union (ILWU) walked off...

AD Ports Group Acquires 80% Stake in Global Feeder Shipping, Creating World’s Largest Independent Feeder Carrier

The following release was published by AD Ports Group:

Abu Dhabi, UAE – 3 November 2022: AD Port...

CMA CGM introduces the new setup of its FEMEX service connecting North Europe with Greece, Marmara & Izmir Turkish regions

The following release was published by CMA CGM:

CMA CGM is pleased to announce the new FEMEX set...

Shipping rates are no longer plunging. Is ‘new normal’ near?

"Ocean shipping spot rate indexes are still falling. But after months of steep declines, they’re dro...

Port of Gothenburg surpasses 220,000 TEU in Q3

"The Port of Gothenburg is enjoying an upward trend in freight volumes, with now eight quarters of g...

Maersk ends Q3 close to $9 billion profit

"A.P. Moller – Maersk (Maersk) is continuing its record streak in the third quarter of 2022, registe...

Ningbo Ocean Shipping halves fundraising ambitions as Shanghai IPO looms

"Ningbo Ocean Shipping Co (NBOSCO), Ningbo-Zhoushan Port Group’s shipping subsidiary, is going ahead...

MSC rumoured to be eyeing Hutchison's stake in Bahamas Freeport

"The M&A rumour mill has gone into overdrive in the Bahamas in recent days, with word on the street...

Hackers could re-create Ever Given grounding in Suez Canal

"The Suez Canal’s status as a major crossing point in shipping makes it a prime target for hackers i...

Chittagong port releases Hapag-Lloyd boxship after US$364,000 payment

"A chartered container ship by Hapag Lloyd got released from the Chittagong port after L&B Hansa...

DP World signs deal with Chinese partner to expand operations in Shanghai

"DP World has signed a Memorandum of Understanding (MoU) with Shanghai Lin-Gang Economic Development...

Port NOLA unveils design updates to the Louisiana International Terminal

"The Port of New Orleans (Port NOLA) announced progress at the Louisiana International Terminal in S...

Maersk Expects Logistics Revenues to Exceed Shipping in Coming Years

"A.P. Moller-Maersk A/S expects logistics revenue to surpass the ocean business by the middle of the...

Poseidon buys out Seaspan owner Atlas for $11 billion

"Poseidon Acquisition Corp. (Poseidon) will buy out Seaspan owner Atlas in a deal worth almost $11 b...

Port of New York and New Jersey builds box gap over US West Coast

"The Port of New York and New Jersey (PANYNJ) is the busiest port in the US for the second month in...

Lekki port completes work to become Nigeria’s first deep seaport

"China Harbor Engineering Company Ltd (CHEC) has handed over Lekki port, Nigeria’s first deep seapor...

Maersk offers overstocked retailers a slow(er) boat from China

"Maersk says it is offering shippers the opportunity to slow cargo arrivals from Asia destined for E...

TS Lines and BAL parents eye funds for expansion via IPOs

"TS Group and LC Logistics, respective holding entities for Taiwanese liner operators TS Lines and B...

China manufacturing slips for third month in a row as zero-Covid policy bites

"China’s manufacturing sector has shrunk for the third month in a row, with Beijing’s zero-Covid pol...

MSC comments on new IMO regulations about carbon intensity measures

"Amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) Anne...