Box lines poised for first-quarter windfall
"Mainline operators can expect a windfall for the first quarter of 2024, as the surge in freight rat...
Fatal Accident Causes Hanwha Ocean to Suspend Production
"South Korea’s third-largest shipbuilder, Hanwha Ocean, reports work was suspended at its shipyard f...
Container shortage starts to bite, adding to pressure on costs
"The predicted container shortages are beginning to bite amid the chaos thrown up in the Red Sea and...
Maersk the most active carrier in a 'hectic' charter market
"Maersk was reported to be “the most active operator” in the containership charter market last week,...
China’s Suez Investments Face Uncertainty in Red Sea Crisis
"China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically wi...
Port of Singapore enjoys record container throughput in 2023
"Container throughput at the Port of Singapore in 2023 grew by 4.6 per cent reaching a new high of 3...
Red Sea crisis triggers 40 per cent drop in Suez Canal revenues
"Egypt’s Suez Canal’s revenues are reportedly down by 40 per cent from the beginning of this year co...
Red Sea disruption, container freight rates, and shipper disputes
"Soaring freight rates and an upturn in financial fortunes are in focus at the US’ Federal Maritime...
Maersk charters ships from ONE and Wan Hai due to “insufficient” fleet
"Maersk Line, which had not been as aggressive as its rivals in ordering newbuildings, is now findin...
Seaspan welcomes another 15K TEU boxship, ONE Focus
"The fifth 15,000 TEU containership ONE Focus, built by Chinese shipbuilder Yangzijiang Shipbuilding...
RCL orders boxship quartet in China
"Multiple broking reports note Thai liner Regional Container Lines (RCL) has gone to southern China...
Vietnam’s liner shipping connectivity leaps
"Vietnam’s emergence as a manufacturing powerhouse is showing up in ever greater detail on the globa...
PSA International’s 2023 Container Throughput Performance
The following release was published by PSA International:
PSA International Pte Ltd (PSA) enjoy...
West coast ports brace for new import surge – 'but they can cope this time'
"US west coast ports are bracing for a surge in imports, driven by the convergence of supply chain a...
Some ro-ro operators carry on sailing, even as Red Sea conflict heats up
"Some ro-ro operators are chancing their vessels transiting the Red Sea, just as the crisis deepens...
Container Rates Soar on Concerns of Prolonged Red Sea Disruption
"Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes...
Houthis defiant despite repeated strikes on Yemeni bases
"The Middle East remains a dangerous, red-hot cauldron for merchant shipping with many actors from v...
Cost To Jump Panama Canal Line Just Got A Whole Lot Cheaper
"The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped fro...
Plaquemines Port and APM Terminals unveil partnership to develop major container terminal
The following release was published by APM Terminals:
Plaquemines Port Harbor and Terminal Dist...
Euroseas charters out feeder boxship under construction
"Nasdaq-listed Greek boxship owner Euroseas has entered a time charter contract for a newbuilding fe...
Transnet Seeks International Help for South Africa’s Port Operations
"South African ports operator Transnet is seeking international assistance in its efforts to turn ar...
North Europe ports face capacity crunch as carriers race for berths
"North European container ports are facing a potential capacity crunch in early February, as the arm...
Will Ships Link With China To Avoid Houthis?
"At least five vessels transiting the Red Sea are using their signals to say they have links to Chin...
Houthis Launch 27th Attack Against Shipping
"The U.S. is confirming the 27th attack by the Iranian-backed Houthi group against international shi...
ICTSI charts course for sustainable future with net zero commitment by 2050
The following release was published by ICTSI:
International Container Terminal Services, Inc. (...
Land purchase for APM Terminals Suape completed
The following release was published by APM Terminals:
APM Terminals Suape has completed the pur...
Dole adds shipping service for fresh fruit North America
"Dole Food Company announced the launch of a new weekly vessel service that will call the Northeast...
WEC Lines launches new direct service between UK and Morocco
"Starting this month, shipping operator WEC Lines is launching a direct service connecting Agadir in...
Rocketing ocean rates predicted to decline post-Chinese New Year
"Supply chain bottlenecks – largely due to the Red Sea attacks and Panama Canal restrictions –and ex...
HMM launches 'extra loaders' to help Asian exporters as CNY looms
"South Korean flagship liner operator HMM is launching “extra loader” Asia-North Europe and -Mediter...
Cosco hit by $2m compensation claim for 'unfair' D&D charges
"Cosco is facing a $2bn compensation claim after a complaint of unfair application of detention and...
Maersk switches liner service from Panama Canal to land bridge
The following release was published by Maersk:
Changes to the OC1 service - Panama Canal
Ref...
Port of Antwerp-Bruges reports box volume decline, announces strong investments in coming years
"The Port of Antwerp-Bruges faced another year of challenges in 2023, marked by geopolitical tension...
MSC welcomes another eco-friendly 16K TEU boxship from DSIC
"Dalian Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered a 1...
BIMCO: Record deliveries could push container fleet above 30 million TEUs in 2024
""In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEUs, be...
'Damaging' port strikes at DP World Australia terminals extended
"Dockers affiliated with the Maritime Union of Australia (MUA) have extended their strike action at...
Malaysia upholds ban so Zim re-routes services to omit Port Klang
"Following the December announcement by Malaysian prime minister Datuk Seri Anwar Ibrahim that the c...
Shippers spooked by fear of box shortages amid carrier 'opportunism'
"The message from ocean carrier operations centres is to urgently evacuate as much equipment as poss...
Houthis Launch ‘Complex Attack’ on Shipping in Red Sea
"The U.S. Central Command is confirming details of the latest attack on shipping in the Red Sea, sta...
Q4 23 financial horror for liners spotlit by OOCL operational update
"A first look at the terrible final quarter of 2023 for container lines came this morning as OOCL re...
Israel Wants Clarity On COSCO Halt
"Israel’s Transport Ministry on Tuesday said it was seeking to clarify Chinese shipper COSCO’s repor...
ZIM rolls out container tracking devices
"The world container fleet is increasingly becoming smart. Israeli carrier ZIM is the latest to anno...
Maersk, Hapag-Lloyd deny reported safe passage deal with Houthis
"A.P. Moller - Maersk A/S and Hapag-Lloyd AG denied any pact with Yemen’s Houthi rebels to facilitat...
Port of Tanjung Pelepas names new chief executive
"Port of Tanjung Pelepas (PTP), Malaysia’s busiest transshipment hub, has appointed Mark Hardiman as...
CMA CGM to reshuffle its service linking Turkey, Adriatic, Malta & Libya
The following release was published by CMA CGM:
As there are always BETTER WAYS to address a ma...
Hanwha Ocean Denies Reports it is Reducing Ops and Ending Boxship Orders
"South Korea’s third largest shipbuilder, Hanwha Ocean, was quick to deny reports in the media that...
Fire on Containership Claims the Lives of Two Crew Members at Port Houston
"A fire on board a containership at Port Houston claimed the lives of two crew members and third sus...
U.S. Container Imports Show Modest Increase to Close Out 2023
"U.S. container import volume was up nearly 10% in December compared to the same month last year and...
Drewry: One-Third of Global Container Shipping Capacity Impacted by Red Sea Crisis
"The international container shipping faces a critical couple of weeks as ongoing attacks and rerout...
The Red Sea crisis – an opportunity for shipping stock investors?
"The attacks on shipping in the Red Sea have sharply driven up rates as vessels divert by the Cape o...