News

Alphaliner: Scrapping Unlikely to Solve Containership Overcapacity

"The imbalance in the container shipping sector is increasing as global demand recedes after a two-y...

FMC Complaints: Samsung Files Against Zim; Trucker Files Against MSC

"The Federal Maritime Commission received two new complaints filed on October 25 against two large c...

Port of Melbourne volume stays strong through peak season

"Port of Melbourne has enjoyed strong box volumes through September as peak season continues. eptemb...

German government considering smaller stake for COSCO in Hamburg CTT deal

"The German Federal Government may allow maritime giant COSCO to buy a smaller stake in Hamburg’s Co...

Liverpool strikes hit vessels arrivals, supply chain still resilient

"Vessel arrivals at the Port of Liverpool have decreased drastically due to continuous strike action...

DP World nears 60 million TEU mark in year so far

"DP World Limited has handled 59.6 million TEU terminals in the first nine months of the year in spi...

RCL first international container line to call Zamboanga, Philippines

"Thai-listed Regional Container Lines (RCL) is set to become the first international container line...

Port of Santos privatisation to include mega container terminal lease

"The privatisation process of the port of. Santos continues to make headlines in the Brazilian media...

Taipei allays concerns over COSCO’s influence in Kaohsiung port

"Taiwan's Ministry of Economic Affairs (MOEA) has assured that there is a low risk of mainland Chine...

Maersk and MSC gear up for Abidjan terminal launch

"Final preparations are underway for the operational and commercial launch of the Cote d’Ivoire cont...

MSC unit teaming up to develop new Baltimore container terminal

"Mediterranean Shipping Co.’s (MSC's) terminal subsidiary is teaming up with Tradepoint Atlantic, th...

USWC contract talks suspended over Seattle jurisdictional dispute: sources

"Contract negotiations between West Coast dockworkers and marine terminal employers — ongoing for mo...

Jeddah Islamic Port receives first vessel on MSC shipping service

"Jeddah Islamic Port has received the first vessel on the Himalaya Express shipping service operated...

Bulker collides with crane in Costa Rica

"A Polish bulker carrier has struck a Ship-to-Shore (STS) gantry crane at Puerto Moin, Costa Rica da...

Port of Hamburg will not fall into Chinese hands, HHLA tells German government

"The Port of Hamburg will not be sold to China, Hamburger Hafen und Logistik AG’s (HHLA) spokespeopl...

Ningbo-Zhoushan port opens more yards after covid outbreak

"China’s Ningbo-Zhoushan port is opening up more yards and warehouses after a recent Covid outbreak...

Drop in US inbound container volumes accelerates

"September inbound container volumes across the top 10 US box ports dropped by their fastest level i...

Euro ports brace for more throughput declines as carriers blank more sailings

"The top North European container hub ports are seeing a considerable reduction in alliance calls fr...

Import gateway shift pushes Houston to the top of port congestion league

"To avoid the congestion at major west coast gateways, US importers have now clogged up ports elsewh...

China Q3 growth a blip: Covid still a drag on productivity and recession looms

"China has announced better-than-expected GDP growth for Q3, helped by “resilient” exports. However,...

War of words over deal or no deal at port of Liverpool heats up

"Union officials have accused the board of Liverpool Port operator, Peel Ports, of killing a deal ag...

Wan Hai holds naming ceremony for 13,100 TEU newbuildings

"Wan Hai Lines held a ship naming ceremony on 20 October for the first two vessels in the series of...

Cyclone leads to suspension of container operations at Bangladeshi ports

"With cyclone “Sitrang” approaching Bangladeshi coasts, handling of containers and bulk cargoes at b...

Berthing, trucking delays continue at Ningbo

"Freight forwarders and liner operators are advising of trucking delays as Ningbo-Zhoushan port cont...

Samskip picks GoodFuels’ biofuel to cut CO2 emissions by 90%

"Dutch multimodal operator Samskip has signed an agreement with compatriot marine biofuels provider...

Bangladesh boosts share of US imports from Asia

"Bangladesh is steadily consolidating its market share of US imports from Asia, with resurgent appar...

Intra-Asia carriers see revenues fall as rates slide

"Intra-Asia carriers that were largely immune to the slide in rates that started earlier this year o...

Cosco Shipping enters logistics arena with investment in 3PL affiliate

"Cosco Shipping Holdings officially launched its supply chain logistics division yesterday, joining...

ICTSI flagship secures ‘green port’ seal

"The Asia-Pacific Economic Cooperation (APEC) Port Services Network (APSN) recognised the Manila Int...

Transnet lifts partial Force Majeure measures

"South Africa’s port operator and infrastructure owner has partially lifted Force Majeure restrictio...

Ukraine-Russia conflict rocks Port of Rotterdam box volumes

"Loss of trade with Russia has driven down the Port of Rotterdam’s container segment output signific...

KOBC, KDB start container leasing scheme for mid-sized South Korean feeder players

"Korea Ocean Business Corporation (KOBC), a state-backed ship finance organisation, will invest US$6...

Another two-week strike starts at Liverpool port

"Liverpool dockworkers are downing tools for another two weeks from today as a bitter pay dispute be...

NACKS promotes ammonia-powered boxship

"Lloyd’s Register (LR) has awarded Chinese shipyard Nantong COSCO KHI Ship Engineering (NACKS) appro...

Crane delivery in 2023 will cap Port of Miami container terminal expansion

"A Port of Miami container terminal said its expansion plan to boost box capacity by one-third will...

Indian freight rates soften to mid-2021 trendline as liners face cooling volumes

"The ongoing rate slide on trades out of India has hit new lows from the historic highs seen at the...

5,500 TEU container ship assisted after 2-day drift off Australian coast

"Container ship RIO MADEIRA lost power on Oct 20 while cruising off Sydney, waiting out for schedule...

EU Warned Germany Against China Port Buy

"The European Commission warned the German government last spring not to approve an investment by Ch...

San Pedro Bay Ports put container dwell fee on hold through Nov. 18

"The San Pedro Bay ports of Los Angeles and Long Beach will postpone consideration of the “Container...

Consumer demand may halt declining shipping container prices, experts say

"Shipping container prices continue to fall, but persistent port congestion and labour shortages cou...

KPA Keen To Modernize Marine Infrastructure To Boost Trade

"The Japanese International Cooperation Agency (JICA) has pledged to continue supporting the Kenya P...

Maersk-MSC Partnership Tests Terminal Expected to Be West African Hub

"Testing was recently completed at the Ivory Coast’s new container terminal which is due to open in...

CMA CGM opens Turkish Iskenderun-Gaziantep block-train service

"CMA CGM has launched a new rail service to serve the industrial zone of Gaziantep located in the So...

South African terminals remain choked up as strike action ends

"Works at container terminals around South Africa continue to stagger as liners omit calls around th...

Port of Long Beach trials zero-emissions electric cranes

"The Port of Long Beach has put nine electric cranes into operations at one of its busiest terminals...

BOXBAY high-bay storage system wins German Award for Supply Chain Management 2022

"The BOXBAY high-bay storage system for port terminals has won the German Award for Supply Chain Man...

Ocean carrier voyage blankings causing chaos and confusion for shippers

"Ocean carriers are ramping-up their vessel blanking programmes from Asia as export demand weakens,...

Brexit has resulted in a 'significant decline' in trade flows with the EU

"Brexit has caused UK-EU trade flows to fall by 16%, while EU-UK trade has dropped 20%, according to...

Transfar Shipping thinks ahead and plans 8,000 teu quintet to lure Alibaba

"Alibaba affiliate Transfar Shipping is planning to order five newbuild 8,000 teu vessels for its Al...

TS Lines gets oil spill damage overturned on appeal

"Taiwan’s High Court on 19 October overturned an earlier ruling that obliged TS Lines to pay approxi...