News

MSC approaches market share milestone

"Gianluigi Aponte-founded Mediterranean Shipping Co (MSC) stands on the threshold of another growth...

Red Sea Crisis Takes a Toll on Egypt's Shaky Finances

"The effects of the Red Sea crisis are weighing on the national economy of Egypt, which gets a good...

Praying for rain as record lows loom for Panama Canal and Amazon

"Water levels in the Gatun Lake – the man-made reservoir which dictates the navigability of the Pana...

Evergreen chief warns of post-Red Sea economic turndown

"The Red Sea crisis could last until Q3 24 at most, according to Evergreen chairman Chang Yen-yi tod...

Ocean carriers determined to hang onto containers as supply tightens

"To facilitate the extra ships taken on charter due to the Red Sea crisis, ocean carriers have put a...

GPA’s January rail cargo jumps 27 percent

The following release was published by Georgia Ports Authority:

Cargo moved by rail at the Port...

Port of Rotterdam in full transition in 2023

Less throughput, manifest progress on sustainable port

Last year saw major investment decisions t...

Overall economic weakness impacts HHLA’s 2023 financial year

The following release was published by HHLA:

  • Group revenue declines by 8.3 % to € 1,447 milli...

Urgent expansion underway at Romania’s top port

"One of Europe’s fast growing ports is embarking on an urgent dredging programme to accommodate the...

WEC Lines enhances its reefer container fleet

"WEC Lines has decided to enter the refrigerated container market by adding 45ft reefer boxes to its...

Mexican rail freight ambitions could provide Panama Canal alternative

"Notwithstanding a huge focus on passenger rail, a plan to run trains with freight, connecting Mexic...

China-South Korea ro-ro container traffic sinks to six-year low

"Container volumes carried by South Korean ro-pax ships, or car ferries, sank to a six-year low of 5...

Container traffic increases at Valencia terminals

"According to the January Statistical Bulletin of the Port Authority of València (PAV), there has be...

Shipping associations welcome EU Red Sea operation Aspides

"Shipping associations have welcomed the European Union’s operation Aspides, a defensive maritime se...

DP World Sets Historic Record in Peruvian Ports by Handling 1.64 Million TEUs in 2023

"DP World Callao achieves 11% increase in volume, driving significant growth in Peru’s port sector,...

DSV the 'logical buyer' for DB Schenker – it's 'a step too far' for Maersk

"A leading market analyst considers DSV “the logical buyer” of DB Schenker, amid reported interest b...

Carriers caught in Algeria-Morocco flare up

"Restrictions in Algeria on imports from Morocco, including containers transhipped over the hub of T...

Transpac carriers may have the advantage as contract season looms

"Transpacific ocean carriers are holding on to as much of their Red Sea crisis-induced gains as they...

Canada Says China Has Role To Play In Keeping Red Sea Safe

"Canada’s Foreign Minister Melanie Joly on Sunday said China should play a role in keeping the Red S...

Grimaldi acquires the TDT terminal in Livorno

The following release was published by Grimaldi

On 31 January, following the sale of 100% of it...

Port of Salalah receives first cranes in US$300 million expansion project

"Amidst its US$300 million project aimed at upgrading and expanding its container terminal, the Port...

Unifeeder completes agreement for two additional methanol-powered vessels

The following release was published by Unifeeder:

Unifeeder Group has successfully completed a...

Shipbuilding order placed for world’s first ammonia-powered containership

"Yara Clean Ammonia, North Sea Container Line, and Yara International have partnered with CMB.TECH t...

Liner bosses discuss potential for nuclear

"The heads of two of the world’s largest containerlines have discussed how they see the role of nucl...

Singapore Bunker Sales Jump as Ships Reroute Around Cape of Good Hope

"The Red Sea shipping crisis is making waves in Singapore as the disruption to global shipping patte...

Delivery of the CMA CGM MERMAID: First ship in a series of 10 container ships with a unique design in the world for better energy performance

The following release was published by CMA CGM:

  • A unique design, the result of collaboration...

New Study Looks at Impact of Weather on Container Stack Stability

"Norwegian marine insurance group Gard has released a comprehensive new study exploring the effects...

AD Ports Group Reports Strong Operational and Financial Performance in 2023

The following release was published by AD Ports Group:

  • Record Full-Year 2023 Revenue Increasi...

Container leasing rates reach for the skies

"US shippers are diverting east coast cargo, already shifted from the Panama Canal to via Suez, to w...

CMA CGM to reshuffle its service offering from West Mediterranean to West Africa

The following advisory was published by CMA CGM:

In a continued effort to provide a reliable an...

Liebherr partners with Rijeka Gateway Future Container Terminal to supply remote yard cranes

The following release was published by Liebherr:

  • Liebherr to supply 15 electric rubber tyre g...

Hamburg Senate gives MSC-HHLA deal the green light

"MSC is one step closer to obtaining a 49.9% share in Hamburg terminal operator HHLA after the city’...

Wan Hai to replace Hapag in THEA? Its fleet is too small, says analyst

"Wan Hai Lines could fill the gap in THE Alliance left by Hapag-Lloyd’s departure, according to Yang...

Ports of LA and Long Beach see 18% container volume growth in Jan

"The US West Coast gateway ports of Los Angeles and Long Beach saw a surge in container volumes in J...

ONE Unveils Asia Pacific 1 (AP1) Service, Enhancing Transpacific Network

The following release was published by ONE:

Ocean Network Express (ONE) is pleased to announce...

Liners deliver a green fuel price gap proposal to the IMO

"Liner shipping, via its lobby group the World Shipping Council (WSC), has unveiled what it terms as...

Navigating Change: A timeline of recent & future progress at the Panama Canal

"It’s no secret that the accelerating implications of climate change have had economic, social and e...

Malaysia’s biggest port considers new investors for $8 billion expansion

"Malaysia’s biggest port operator, Westports Holdings Bhd., is considering external strategic invest...

Arkas Line Expands in the American Market

The following news article was published by Arkas Line:

Following its goals of expanding into n...

Braemar sees looming crisis in feeder sector

"Demand for feeders is rising mainly as a consequence of the Red Sea crisis which has had a knock-on...

Peak in scrubber-installed boxship fleet

"The number of scrubber-fitted container ships is now at an all-time high of 36% of the global boxsh...

Congestion fears ease as Europe's ports cope with arrival of delayed vessels

"Container hub ports in North Europe appear be coping well with the arrival of a cluster of ships fr...

CMA CGM receives CDP rating for climate index

"The Carbon Disclosure Project (CDP) has rated the CMA CGM Group an A- in its 2023 climate index." S...

World’s largest automated terminal: PSA Tuas Port pioneering automation transformation with event-driven architecture

"PSA Tuas Port is on the path to becoming the world’s largest automated container terminal, boasting...

HMM remains profitable despite market uncertainty

The following news article was published by HMM

  • The operating profit was KRW 585 billion, wit...

The Port of Abidjan welcomes the CMA CGM ‘Scandola’, a container ship powered by liquefied natural gas

"Thursday 1 February 2024 will go down in the history of the Port of Abidjan, which welcomed for the...

Unifeeder implements new Colombia-Panama service

"Unifeeder Group, part of the DP World Group, has launched a new direct service connecting four port...

Kalmar to enhance Réunion Island box terminal with hybrid equipment

"Kalmar and CMA CGM's subsidiary CMA Terminals have reached an agreement for the supply of three Kal...

Maersk stops Oakland port calls on WCCA 2 service

The following advisory was published by Maersk:

We would like to inform you of a temporary chan...

Port Louis congestion threatens South Africa exports to Asia

"The fragility of South Africa’s container supply chains was again in evidence after Cyclone Belal,...