News

Panama port container volumes decline for second year running

"The volume of containers handled by Panama ports fell 2.4% to 8.32 million teu in 2023 from 8.52 mi...

ESL unveils enhanced GALEX service and launches two new services

"Effective from 14 February, ESL’s flagship GALEX service will provide direct connections between ke...

Hapag-Lloyd / Get ready for Citrus Loader

The following advisory was published by Hapag-Lloyd:

Your citrus exports from South Africa jus...

Maersk to add new service ME8 for further connection between the Middle East with Europe

The following advisory was published by Maersk:

We are pleased to announce that we are launchin...

CMA CGM welcomes first eco-friendly 5,5K TEU boxship from Qingdao Beihai

"China Shipbuilding Industry Trading Co., a subsidiary of China State Shipbuilding Corporation (CSSC...

ILWU and Portland Terminal Settle Long Dispute Which Bankrupted the Union

"The International Longshore and Warehouse Union and International Container Terminal Services settl...

Stranded Russia-bound box lines ask shippers to stump up more cash

"Two opportunistic liner operators that started Russia-bound services are now in financial trouble....

Spot rates ease as Red Sea diversions become routine

"Container spot rates from Asia to Europe have been falling again this week, while rates on the tran...

CMA CGM halts Red Sea route

"French container shipping giant CMA CGM SA suspended the passage of its vessels through the Red Sea...

Red Sea Attacks Force Firms To Test New Land Routes Via UAE, Saudi

"An Israeli software startup and one of the world’s biggest shipping lines are among companies that...

Yang Ming to Upgrade the PAS Service Route

The following advisory was published by Yang Ming:

In March, Yang Ming will launch the upgraded...

Ulsan port completes first ship-to-ship methanol bunkering for a large container ship

"The world’s first ship-to-ship methanol bunkering for a very large containership, the Maersk Ane, h...

Seacor Holdings Inc. Announces Sale of Caribbean Liner Business Seacor Island Lines to King Ocean Services

The following advisory was published by SEACOR Holdings:

SEACOR Holdings Inc. (“SEACOR”) announ...

Yang Ming to Launch JKX Service and Revamp JTS Service

The following advisory was published by Yang Ming:

In early March, Yang Ming Marine Transport C...

Evergreen spends $532m to boost its holdings in box terminals

"Evergreen general manager Wu Kuang-hui said this week that container shipping would continue to fee...

Can ONE, Yang Ming and HMM compete without a new alliance partner?

"Jilted THE Alliance (THEA) partners ONE, Yang Ming and HMM are ’keeping schtum’ on their future fol...

DP World reaches deal with Australian dockworkers

"Container terminal operator DP World, which operates four terminals across the country, has reached...

Evergreen and X-Press Feeders to create European feeder network powered by green methanol

"Taiwanese global liner Evergreen has signed a memorandum of agreement with X-Press Feeders, the wor...

PANYNJ handles near 8 million TEU in 2023

"The Port Authority of New York and New Jersey (PANYNJ) handled 7.8 million TEU in 2023, a 4.4 per c...

Adani net profit jumps 65 per cent

"Adani Ports and Special Economic Zone Ltd (APSEZ) has announced its results for the quarter and nin...

US military says Houthi missiles failed to hit container ship Koi

"US military say that two missiles fired by Houthi rebels at the container ship Koi on 1 February fa...

Concerns over Cape re-routes and West African piracy

"Industry concerns have been raised that pirates in West Africa, who have seen shipping trade shifti...

Hapag-Lloyd - New port coverage for ECX service

The following advisory was published by Hapag-Lloyd:

If you're shipping with our Europe East C...

CMA CGM to enhance its SAFRAN service connecting North Europe with South America East Coast

The following advisory was published by CMA CGM:

CMA CGM is pleased to announce its customers a...

Westwood Shipping Lines to rebrand as Swire Shipping

The following advisory was published by Swire Shipping:

Swire Shipping announced today that Wes...

Deadlocked labor negotiations confront three Canadian container ports

"Potential waterfront labor stoppages at Vancouver, Prince Rupert and Montreal are once more on the...

LNG-powered CMA CGM Belem launched in China

"The ship named CMA CGM Belem was launched four days ahead of schedule on January 29, 2024, at the C...

EU ETS: 'the polluter pays', but the price 'must be more transparent'

"Shipping lines now paying EU ETS surcharges, under ’the polluter pays’ principle, will pass these c...

ONE sinks to a $248m operating loss in Q4, but rates rise boosts outlook

"Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the fina...

Red Sea disruptions expected through Q2

"Drewry has predicted that the damage caused by the Red Sea crisis will be less severe in the long t...

Menace on the Red Sea – MSC rewires entire global network

"The impact of the Houthi attacks on shipping in the Red Sea have sent shockwaves throughout global...

Port Saint John Celebrates Completion of West Side Modernization Project

The following advisory was published by Saint John, NB:

Saint John, NB- The $205M Port Saint Jo...

All time high container throughput in the Port of Gothenburg

The following advisory was published by Port of Gothenburg:

Despite geopolitical unrest and eco...

CMA CGM readies methanol retrofits

"CMA CGM has signed up a series of containerships for a methanol dual-fuel revamp in China, joining...

Box lines launch Red Sea services despite Houthi risks

"Mainline operators which are still offering Red Sea services are configuring their routes to transi...

Weak demand and overcapacity adding to carrier Red Sea stress

"Despite the considerable disruption to container shipping caused by the Red Sea crisis, consumer de...

Georgia Ports achieves record year for autos / Renewed strength in container volumes expected in 2024

The following advisory was published by GA Ports:

The Port of Brunswick handled a record 775,56...

2023: HAROPA PORT stays on course and displays growth financial results

The following advisory was published by HAROPA PORT:

In 2023, HAROPA PORT maintains its market...

Port of Santos plans terminal expansion

"The President of the Santos Port Authority (APS) Anderson Pomini told Brazilian media that it is dr...

Keel laid for Langh Ship’s first next-generation feeder

"Finnish shipping company Langh Ship has celebrated a keel laying ceremony for its first of three ne...

Iloilo Port set for modernization as ICTSI secures 25-year concession

The following release was published by ICTSI:

The Philippine Ports Authority (PPA) has awarded...

Yang Ming not tempted to charter ships amid Red Sea crisis

"Taiwanese liner operator Yang Ming Marine Transport will not follow its peers and charter in more s...

Hapag-Lloyd publishes preliminary business figures for 2023

The following release was published by Hapag-Lloyd:

  • EBITDA and EBIT significantly lower than...

Rates boom and alliance shake-up strengthen objections to HMM sale

"It appears that the Red Sea crisis and Hapag-Lloyd’s imminent break from THE Alliance are adding we...

Angry importers hit by delivery delays and rising costs, but rates are softening

"European importers are facing delays in receiving product from Asia of up to a month, while freight...

DP World offers UK shippers £100 per box as modal shift incentive

"DP World has raised the incentive for UK importers using its Southampton terminal that switch their...

WTO Says Trade Growth Estimates Appear ‘Overly Optimistic’

"The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024...

Port of Antwerp-Bruges welcomes 16-metre draft MSC vessel

"The MSC Aurora has become the first containership to travel to Antwerp with a 16-metre draft under...

Red Sea crisis hits ship recycling market

"Middle East hostilities and decisions by many owners to re-route ships around the Cape of Good Hope...

Red Sea diversions hit container line schedule reliability

"The Red Sea crisis and vessel diversions via the Cape of Good Hope impacted container line schedule...