News

Spot box rates rocket amid Red Sea shipping crisis

"Drewry has published its keenly awaited first box spot rate details of the year, with the Red Sea s...

Box volume at Nhava Sheva Port hits a new high in 2023

"India's Nhava Sheva Port (JNPA) ended 2023 on a strong note, with its annual container throughput r...

MSC Widens Capacity Gap, Solidifying Position as the World’s Largest Shipping Line

"MSC Mediterranean Shipping Company solidified its position as the world’s largest shipping line in...

A Year of Transformation: AD Ports Group Closes 2023 as a Year of Global Expansion and Enhanced Capacity

The following release was published by AD Ports Group:

In a transformative year marked by unpre...

Clarksons expects 30% of ships to be rated D or E in CII assessments

"Despite a record take-up of green technologies in ships ordered in 2023, thousands of existing vess...

Shipping associations welcome international condemnation of Red Sea attacks

"Twelve nations have warned the Houthis against further attacks in the Red Sea on the day the UN Sec...

Houthis Take Aim At French Shipping Giant CMA CGM

"Houthi militants claimed to have attacked another merchant ship in the Red Sea, serving as a remind...

ONE introduces – Japan Taiwan Cat Lai (JTC) service

The following release was published by ONE:

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

Saving the Panama Canal will take years and cost billions, if it’s even possible

"The vestiges of an ancient forest tell the story of just how bad things are at the drought-stricken...

SCFI soars 40% on growing Cape detours

"The Shanghai Containerised Freight Index surged by 40% on 29 December 2023, as liner operators hike...

Connecting King Abdul Aziz Port in Dammam to 6 regional and global ports

The following release was published by Mawani:

This new shipping service is a significant step...

Mundra Port surpasses 5 million TEU mark

"Adani Ports and Special Economic Zone Ltd (APSEZ) has achieved remarkable milestones at Mundra Port...

AD Ports Group Announces Noatum’s Acquisition of APM Terminals Castellón in Spain

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), one of th...

Saudi Ports Authority and MEDLOG to develop $40 million logistics park

"The Saudi Ports Authority (Mawani) and MEDLOG, the logistics arm of the world’s largest container l...

Germany’s Hapag-Lloyd Extends Red Sea Route Diversion

"Germany’s Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reason...

Red Sea Attacks Continue as Containership Reports Nearby Explosions

"British maritime security firm Ambrey said on Tuesday that a Malta-flagged container ship reported...

Evergreen was the most reliable top-13 carrier in November 2023

"Sea-Intelligence has published issue 148 of the Global Liner Performance (GLP) report, with schedul...

Ethiopia eyes Berbera as primary port

"Landlocked Ethiopia is looking at Berbera rather than Djibouti as its primary port for exports and...

Shipping starts shelling out for EU Allowances

"The largest regional green regulations in the history of shipping came into effect yesterday with t...

ZIM increases rates from Med and Black Sea to USEC, Gulf, Canada and Mexico

"ZIM announced new increased rates from the West Mediterranean ports to all ports in the United Stat...

AD Ports to invest $200 million in new Red Sea port terminal

"AD Ports Group has signed a concession agreement with the Red Sea Ports Authority (RSPA) to develop...

Will Red Sea Tensions Fuel Inflation?

"Shipping costs are rising as hundreds of container ships that typically transit the key maritime ar...

Maersk Halts Red Sea Transits Again After Houthi Missile And Boat Swarm Attack

"Iranian-backed Houthi militants attacked a Maersk container vessel with missiles and small boats, p...

Port of New York and New Jersey container volumes up 7.5 percent to 644,439 TEUs in November 2023

"The Port of New York and New Jersey moved 644,439 TEUs (twenty-foot equivalent units) during Novemb...

Maersk picks Guangzhou Wenchong for next series of methanol-fuelled ships

"Maersk has picked a yard in southern China to build its next raft of methanol-fuelled ships." See t...

China Aims to Dominate the "Green" Shipbuilding Market

"China's industrial and economic regulators have issued a new seven-year plan to dominate the "green...

299 Containerships Reroute to Avoid the Red Sea, Doubling in Number from Last Week

"By Brendan Murray and Alex Longley (Bloomberg) Half of the containership fleet that regularly trans...

Red Sea Shipping Workarounds Add Costs, Delays for Suppliers, Retailers

"Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart...

Singapore hits three billion GT mark with arrival of ONE Olympus

"The Port of Singapore registered a record three billion gross tonnage (GT) in annual vessel arrival...

CMA CGM close to top spot in intra-Mediterranean

"CMA CGM is about to surpass Mediterranean Shipping Company as the largest intra-Mediterranean opera...

Pandemic-Era Container Line Startup Files for Liquidation

"Italian startup container line Kalypso has decided to file for bankruptcy procedures, according to...

Red Sea Is Still Too Dangerous Says Hapag-Lloyd

"Shipping giant Hapag-Lloyd AG said it will keep its vessels away from the Red Sea even after the la...

Maersk Starts Scheduling Suez Canal Transits as Hapag-Lloyd Steers Clear

"Denmark’s Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the...

Antwerp on alert after bomb threat on MSC boxship

"The Port Authority of Antwerp has received a bomb threat related to a ship headed towards the port....

Capacity crunch as all-time high of vessels reroute around Cape of Good Hope

"The number of ships that have diverted from the Suez Canal to the Cape of Good Hope has reached a r...

New container train service between Latvia and Poland launches operations

"Starting from early December, a new container train has been put into operation, linking Latvia's R...

ONE Orpheus Containership Forced From Service After Suez Grounding

"Ocean Network Express’s (ONE) hapless containership ONE Orpheus (104,525 dwt) was forced to suspend...

22,000 TEUs! ONE Claims New Cargo World Record

"Shipping line Ocean Network Express (ONE) is claiming a new world record with the loading of 22,000...

CMA CGM Planning to Gradually Increase Sailings Through the Red Sea

"French shipping line CMA CGM is working plans to gradually increase the number of sailings through...

Red Sea Shipping Attacks Continue

"Yemen’s Iran-backed Houthi militia claimed responsibility for a missile attack on Tuesday on a cont...

Hutchison Ports welcomes LNG-powered 23K TEU colossus CMA CGM Palais Royal

"On December 19, Hutchison Ports BEST terminal received 23,000 TEU containership CMA CGM Palais Roya...

Maersk Loses Containers Overboard in North Sea with Debris Washing Ashore

"There are widespread reports of debris washing up on beaches along the northern part of Denmark’s N...

Carriers are 'price gouging', claim shippers as FAK rates skyrocket

"Shippers are accusing Asia-North Europe ocean carriers of ‘price gouging’ as FAK (freight all kinds...

Maersk Preparing to Resume Transits Through Red Sea and Gulf of Aden

"Maersk is getting ready to resume transits through the Red Sea and Gulf of Aden now that the multi-...

Port Authority of València approves the specifications for the tender for the new terminal

The following release was published by Port of Valencia:

  • The Extraordinary Board of Directors...

Mandatory certified pickup system in Port of Antwerp-Bruges starting January 15th

"Starting January 15th, Port of Antwerp-Bruges will implement a mandatory Certified Pick up system f...

CMA CGM to launch NAMEX, its seasonal offer connecting Morocco with US East Coast & Canada during the fruit & vegetables season

The following release was published by CMA CGM:

CMA CGM is pleased to announce the launch of NA...

BIMCO: Container Lines Are Leading the Way With Alternative Fuels

"Shipowners are investing in alternative fuel propulsion, but the availability of green and blue fue...

Box ship owners may benefit from Red Sea and Suez diversions

"The containership charter market is set to get a boost from the Red Sea crisis, as ocean carriers l...

Empty boxes will be stuck in all the wrong places for new year peak

"Empty container shortages are expected following the delays and diversions in the Red Sea, which co...