News

One million TEU expansion at APM Terminals Tangier MedPort operational

The following release was published by APM Terminals:

An expansion of more than a million TEU (...

Qingdao port adds two automated container berths

"The northern Chinese port of Qingdao launched two new automated container berths at its Qianwan por...

HMM latest container line to reroute from the Red Sea

"South Korea’s HMM is the latest container line to say it is rerouting all vessels from the Red Sea...

PhilaPort welcomes largest vessel to call the port

"The Port of Philadelphia welcomed the largest vessel to ever call in Philadelphia: M/V CMA-CGM J. M...

US to lead naval escort operation in the Red Sea

"The US is deploying naval assets to the Red Sea as trade between Asia and Europe slows following mu...

MSC Invests with Adani in Second Indian Terminal to Grow Regional Business

"MSC Mediterranean Shipping Company through its Terminal Investment Ltd. (TIL) subsidiary is acquiri...

Box lines push up Jebel Ali freight rates to make up THC losses

"Container carriers – both mainline and feeder operators – have brought in new freight rate tactics...

Egypt Reports 55 Ship Reroutes Since November Amid Tensions

"Egypt’s Suez canal authority said on Sunday it was closely monitoring the impact of tensions in the...

Panama Canal increases daily transits to 24 from 16 January

"The Panama Canal Authority (ACP) has pulled back from a threatened reduction in transits to just 18...

Top container lines reroute from Red Sea to avoid attacks

"MSC, CMA CGM, Maersk, and Hapag-Lloyd have all paused their vessels transiting the Red Sea and are...

Port of Valencia witnesses export freight rates growth in November

"The Port Authority of Valencia (PAV) has reported an increase in export freight rates, with a 0.9 p...

CMA CGM imposes temporary restriction on Hong Kong reefer transhipment

"Container line CMA CGM has placed temporary restrictions on certain reefer or time-sensitive cargo...

Route diversions: ship captains 'don't know whether they're coming or going'

"Panama Canal draught restrictions on one side of the world and Yemen-based Houthi rebels attacking...

Crowley Containership to Test Shipboard Carbon Capture System

"Crowley and Carbon Ridge Inc, a developer of modular onboard carbon capture and storage solutions (...

APM Terminals Elizabeth enhances operations with new super-post-Panamax cranes

The following release was published by APM Terminals:

APM Terminals Elizabeth announces the com...

Houthi attacks could trigger supply chain crisis

"Houthi militia missile and drone attacks on merchant ships sailing through the Red Sea and the Gulf...

Red Sea latest: Maersk and Hapag-Lloyd ships attacked, Navibulgar bulk carrier boarded

"It has been another perilous 24 hours for vessels transiting the Red Sea with two boxships attacked...

Urgent talks underway to ensure safety in the Red Sea

"Urgent diplomatic discussions are going on around the world to ensure the chaotic scenes recorded i...

Port of Los Angeles November Cargo Increases 19% Over Prior Year

The following release was published by Port of Los Angeles:

For the fourth consecutive month, P...

US west coast ports heading for the 'congestion zone' again next year

"Shippers and the wider supply chain need to be concerned about the resurgence of major US west coas...

Trade Up at Port of Long Beach as Cargo Returns

The following release was published by Port of Long Beach:

Shippers continued to reposition car...

ONE - New Service Vietnam Singapore Express (VSX)

The following release was published by ONE:

ONE is pleased to announce a newly launch service -...

Container Throughput Across Saudi Ports During November 2023 Surges by 16.85%

The following release was published by Mawani:

Saudi ports overseen by the Saudi Ports Authorit...

Saudi Arabia secured a remarkable score in the UNCTAD's Liner Shipping Connectivity Index

"Saudi Ports Authority (Mawani) has achieved historic progress in UNCTAD's Liner Shipping Connectivi...

DP World to invest $200m in Santos Port new expansion

"The investment will cover expansion and modernisation projects in the port of Santos to increase an...

THE Alliance announces service network adjustments for 2024

The following release was published by Yang Ming:

The setup of THE Alliance’s network has bee...

Cyprus backs action on Red Sea shipping attacks

"Following the latest missile attack off Yemen, the Cyprus Shipping Chamber (CSC) has called on coun...

MSC proceeds with Hamburg port entry

"Mediterranean Shipping Co’s buy-in to the port of Hamburg is proceeding as planned. After the volun...

Older vessels are 'nice little earners' – for the time being

"Boxship demolitions are not expected to surge until 2026 and 2027, according to Linerlytica’s lates...

Demand prospects for new year see box carriers back in charter market

"Better than expected forward demand prospects across major and secondary tradelanes is encouraging...

Ports of Antwerp-Bruges, Houston partner to develop green transition

"The Ports of Houston and Antwerp-Bruges, along with other partners, will explore a mutually benefic...

US calls for multinational naval force to protect shipping in the Red Sea and Bab al-Mandeb Strait

"The situation in the Red Sea is a worrying development for international shipping and trade. The US...

Construction starts on LNG dual-fuel 16,000 TEU MSC containership

"Tianjin Base of Dalian Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), h...

X-Press Feeders unveils first methanol dual-fuel ship built in China

"X-Press Feeders, the world’s largest independent common carrier, has unveiled what the first of 14...

HMM suitor Dongwon hits out at rival Harim's 'unfair' bid

"Dongwon Group, a bidder for South Korea’s flagship container carrier, HMM, has accused rival suitor...

Israel-Hamas war driving up costs for carriers and their customers

"Maersk has followed Zim and Hapag-Lloyd in introducing an emergency risk surcharge (ERS) for cargo...

Carriers force through rate hikes and prevent new 'race to the bottom'

"Ocean carriers are mostly holding the line on the huge mid-December and 1 January Asia-North Europe...

Shipping leaders set out plans to deliver on IMO emission targets

"60 maritime organisations and government partners have agreed on a course to deliver on the Interna...

Storm in China Should Serve as Wakeup Call for Climate Risk

"As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away doze...

EU greenlights fairway deepening at Port of Gothenburg

"The Skandia Gateway project has received the final approval from the EU Commission, paving the way...

ONE sets up subsidiary in Japan

"Ocean Network Express (ONE) has announced the establishment of a new subsidiary company, ONE DEJIMA...

Port of Santos´ BTP Terminal contract renewal approved

"One of the most important container terminals based in the Port of Santos, Brazil Terminal Portuári...

ICTSI inks USD750 million loan facility with Metrobank

"ICTSI and Metrobank close a USD750 million six-year loan term facility to fund ICTSI’s expansion."...

MSC in for Zodiac resales

"Prized Korean newbuild slots are changing hands for big prices. Resales are happening as owners see...

Carrier fuel surcharges to soar for shippers in 2024 amid trade disruptions

"The next year will witness large increases in the scale of bunker adjustment factors (BAFs) applied...

Stronger Than Expected Volumes Prompt Increase in Forecast for U.S. Imports

"Container import volumes at the main U.S. ports containers ports continued to grow into the fall le...

HHLA shareholder deadline on MSC and City of Hamburg takeover bid

"Efforts by MSC and the City of Hamburg to take control of HHLA seem to be inching ahead, with the o...

German rail strike another headache for supply chain managers

"A sudden 24-hour strike on Germany’s railways has brought further headaches for Europe’s supply cha...

Carriers pushing rate hikes ahead of new year service suspensions

"Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane nex...

Yemen’s Houthis Warn They Will Target All Ships Headed To Israel

"Yemen’s Houthi movement said on Saturday they would target all ships heading to Israel, regardless...