News

Hapag-Lloyd - CGX service is back, now connecting China, West Africa, and Germany

The following release was published by Hapag-Lloyd:

In a time when reliability and space availa...

Hapag-Lloyd christens new LNG dual-fuel 23,600 TEU giant

"As informed, the ceremony took place at Hanwha Ocean’s shipyard in South Korea on May 24, 2024. The...

Wallenius Wilhelmsen sells Melbourne International RoRo & Auto Terminal

The following release was published by Wallenius Wilhelmsen:

Wallenius Wilhelmsen has entered i...

X-Press Feeders returns to Shanghai Waigaoqiao for 10,000 teu series

"X-Press Feeders has signed a letter of intent for four conventionally fuelled 10,000 teu ships with...

Port of Koper handles 256,240 TEUs in Q1

"The Luka Koper Group’s performance in the first quarter of this year was primarily impacted by weak...

$154 million funding boost required for Houston Ship Channel

"The Port Commission of the Port of Houston Authority held a Special Public meeting on 21 May to dis...

Red Sea diversions add 1 million tonnes of fuel consumption monthly

"The future of bunkering, prices, and margins, remain driven by geopolitical tensions and conflicts...

Canadian shippers await government decision as negotiations derail

"Canadian rail operators are placing their bets on government intervention to prevent a nationwide r...

Wan Hai warns of battle for boxes as peak season starts early

"The traditional peak season has started early, before the usual July-October period, as shippers ar...

SM Line in the red as market regressed in 2023

"SM Line, South Korea’s only ocean-going container carrier, incurred a net loss for the first time s...

Port of Tanjung Pelepas secures five ULCV quay cranes

"The Port of Tanjung Pelepas (PTP) has inked a deal with Shanghai Zhenhua Heavy Industries Co Ltd (Z...

Port of Melbourne container throughput thrives in April

"The Port of Melbourne has revealed its April trade numbers, which show a significant year-on-year (...

Box spot rates ‘entering pandemic-level territory’

"Drewry’s composite World Container Index increased 16% to $4,072 per feu this week, sustaining rema...

Construction starts on CMA CGM’s first methanol dual-fuel 15K TEU boxship

"Chinese shipyard Dalian Shipbuilding Industry (DSIC), a subsidiary of China State Shipbuilding Corp...

Seaspan gets stamp of approval for new feeder boxship design

"British classification society Lloyd’s Register (LR) has awarded approval in principle to container...

HMM to downsize operations at Kaohsiung port

"HMM will reportedly downsize its container terminal operations in Kaohsiung port, in yet another si...

ONE quits Indamex network to offer standalone India - US east coast service

"Japanese container carrier ONE is to exit the Indamex (India-North America) vessel sharing consorti...

Gemini partners defend on-time target and promise cost competitiveness

"With the container shipping industry seemingly unable to improve its schedule reliability scores be...

PortMiami reports rise in economic impact to $61 billion

"PortMiami’s yearly economic effect has risen dramatically to $61.4 billion, up from $41.4 billion i...

Former DP World exec to head SSA Marine’s container terminal business

"Independent terminal operator SSA MARINE has appointed Nicolas Gauthier as President of its global...

MSC Rotation Change - Trade Asia to North Europe

The following release was published by MSC:

As part of our continuous efforts to satisfy market...

The maiden call of Wan Hai Lines SI8 service at Nhava Sheva

The following release was published by Wan Hai Lines:

In order to provide customers with more c...

Futures market bets on Asia-Europe rates staying high till October

"Shippers and box lines expect Asia-North Europe freight rates to stay elevated until at least Octob...

Red Sea crisis turns Lome into key transhipment hub on MSC's ex-Asia services

"Container lines are increasingly building transhipment connections to mitigate the effects of longe...

VCT welcomes new CN-PH service

The following release was published by ICTSI:

Visayas Container Terminal (VCT), International C...

Georgia Ports auto volumes up 44 percent in April

The following release was published by Georgia Ports:

In its busiest month ever for autos and h...

Surging North American imports boosts Zim's first quarter bottom line

"Israeli container carrier Zim today bucked the recent trend of its peers in announcing first quarte...

Container lines make $5.4bn profit amid Red Sea disruption

"After six consecutive quarters of falling profits, container lines rebounded in the first quarter 2...

Port of Oakland April container volume continues growth trend

The following release was published by Port of Oakland:

The Port of Oakland April container vol...

Port Houston Posts Double Digit Box Growth

The following release was published by Port of Houston:

Port Houston continues to exceed last y...

Seroka says Chinese box volumes via Mexico not a problem for LA

"The rising level of Chinese container shipments entering the United States through Mexico is not se...

Indian state operator wins rights to operate terminal in Bangladesh

"The Indian state is winning back-to-back port deals with neighbouring countries." See the original...

Strike threat to Canada's rail network rises as negotiations stall

"Canadian rail operators are racing to cement a deal with labour unions before a “damaging” strike c...

Arctic Shipping Route to See First-Ever Panamax Containership

"Russia’s main Arctic shipping route is slated to see its first Panamax container vessel this year....

Port of Los Angeles resurges to pre-pandemic levels

"The Port of Los Angeles handled 770,337 container units in April, reflecting a 12 per cent increase...

South Carolina ports close thanks to software problems

"The South Carolina Ports Authority (SCPA) was forced to close Charleston port and inland harbours a...

Dali back at berth in Baltimore

"The Dali, the containership that caused the Francis Scott Key Bridge collapse on March 26, returned...

Risk Intelligence: Houthis lack resources for Med attacks

"Houthi threats to widen their area of operations amount to bluster and propaganda, and “should not...

CMA CGM see Q1 profit slump but bets on Bollore bounce

"A weaker market ate into CMA CGM’s Q1 with a 7% fall in revenues leading to a more than 30% profit...

Indonesia Eases Import Rule For Some Goods To Clear Containers

"Indonesia has revised an import rule in a bid to release thousands of containers being held up at i...

NWSA TEU Volumes Up 5% YTD April

The following release was published by NWSA:

Voyage consistency and increased vessel calls cont...

Hamburg First in Europe to Supply Shore Power for Containerships

"The drive to eliminate shipping emissions at berths is now extending to containerships with the por...

Dali to be refloated today as manager urges for crew to be allowed to leave vessel

"The refloat and transit of the stricken Dali containership from its current location to a terminal...

Noatum launches maritime services in Türkiye

"Noatum, a leading multinational provider of integrated port operations, maritime, and logistics ser...

Houthis Threaten All Ships Heading to Israel

"All ships heading to Israeli ports will be targeted by Yemen’s Iran-backed Houthis and not just in...

Panama Canal Slowly Returning to Normal Operations

"The increase in water levels in the Panama Canal has sparked hopes of a potential return to normal...

Maersk reopens bookings for Baltimore

"A.P. Moller-Maersk (Maersk) has provided an update on its services to the Port of Baltimore, indica...

ILWU Canada Delays Strike Notice for DP World’s Vancouver Terminals

"Canadian officials are again preparing for a potential strike that would impact DP World Canada’s W...

AD Ports Group Signs MoU to Explore Development & Operation of Multi-Purpose Terminal in Chittagong, Bangladesh

The following release was published by AD Ports Group:

Abu Dhabi, UAE – 16 May 2024: AD Ports G...

Container spot rates surge across major trades

"Spot container freight rates have jumped by 30% over the last two weeks as demand rebounds ahead of...