News

Strike paralysing Finnish ports extended after talks collapse

"The two-week strike by Finnish transport workers that has effectively shut down the country’s ports...

'Milestone' for Pan Ocean as first autonomous box ship enters service

"Pan Ocean is to put South Korea’s first autonomous containership into a service connecting the coun...

Asia-Europe carriers revise FAK rates in fight to rein in revenue erosion

"While container spot rates on the transpacific are falling steadily week on week, the decline in As...

World’s 1st large methanol-powered containership makes maiden call to Tanger Med

"Ane Maersk, the world’s first large methanol-powered containership, has made its inaugural call at...

MSC completes acquisition of French Freight Forwarder Clasquin

"MSC and French freight forwarder Clasquin have agreed on the terms of an acquisition deal announced...

Ports of Southampton and Singapore explore green partnership

"Associated British Ports (ABP) in Southampton and the Maritime and Port Authority of Singapore (MPA...

Samskip Continues Aggressive Network Expansion with new Spain-United Kingdom-Rotterdam Service launch

The following release was published by Samskip:

Samskip launches shortsea container service con...

Niche players continue to risk Red Sea transits with new services – at a price

"Singapore-based NVOCC Summit Shipping has started its own liner operation, the latest opportunist t...

Taiwan International Port upgrading terminal facility at Kaohsiung

"Taiwan International Port Corporation (TIPC) is planning to upgrade the container terminals at the...

Houthis Agree to Give China and Russia Ships a Pass in Red Sea

"The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gul...

Port of Colombo reaping 'a bumper harvest' from the Red Sea crisis

"Sri Lanka’s Colombo port seems to have had a “bumper volume harvest” from the Red Sea crisis, after...

CMA CGM announces upgrade to service between Jeddah and North Red Sea in partnership with Folk Maritime

The following release was published by CMA CGM:

Effective from April 2024, CMA CGM will operate...

PSA witnesses container growth amid revenue and profit declines

"PSA International has announced a container throughput of 94.8 million TEUs in 2023, representing a...

OOIL profits take a hit amid ‘uncertain 2023

"Orient Overseas International Limited (OOIL), owner of shipping company Orient Overseas Container L...

Port of Oakland February container volume is up again

The following release was published by Port of Oakland:

The Port of Oakland February container...

AD Ports Group Acquires Majority Stake in Tbilisi Dry Port

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), a leading...

MSC Enhances Ecuador - NWC & Scanbaltic - USA Service

The following advisory was published by MSC:

In order to meet client demand and extend its cove...

Port Houston posts unprecedented February volumes container TEUs up 20%

"February proved to be a remarkable month at Port Houston’s terminals. Container volumes increased 2...

Major lines’ margins in negative territory for first time after five years

"Mainline operators’ operating profit margins fell into negative territory for the first time since...

Middle East line opens intra-Asia loop to link western India ports

"Oman-based Asyad Line is set to launch a container service connecting the Far East and West India,...

All eyes on Wan Hai as revenue sails in and THEA beckons

"Taiwanese carrier Wan Hai could be turning the corner in its quest to return to profitability, repo...

Panama Canal Forced to Balance Shipping Demand with Need for Drinking Water

"As a colossal Chinese container ship maneuvered into the narrow Miraflores locks on the Panama Cana...

Yang Ming says no injuries or pollution from Turkish port crash

"Following the accident involving the YM Witness which demolished several cranes in the Port of Evya...

Maersk is re-launching the TP20 service

The following advisory was published by Maersk:

As we continuously strive to enhance our produc...

SC Ports to buy WestRock site to expand port capacity at North Charleston Terminal

The following release was published by SC Ports:

With support from the state and unanimous appr...

Peter Döhle swoops on Marinakis boxships

"Germany’s Peter Döhle Schiffahrts has been named as the buyer of three containerships from Capital...

THE Alliance goes large on the transpacific to reassure shippers

"To reassure shippers that its transpacific coverage will remain strong, THE Alliance (Hapag-Lloyd,...

NWSA TEU Volumes Up 0.4% in February

The following release was published by NWSA:

Vessel calls at the NWSA were up 10% in February a...

APM Terminals and HHIT enter a strategic collaboration on port automation and green logistics in Vietnam

The following release was published by APM Terminals:

As part of the Dutch Trade mission to Vie...

Red Sea crisis rerouting adding up to $300,000 in fuel costs

"As shipowners and charterers avoid the Red Sea due to Houthi attacks and divert via the Cape of Goo...

Ocean Network Express finalizes European Union Allowances (EUA) Transaction

Ocean Network Express (ONE) is pleased to announce its inaugural European Union Allowances (EUA) tra...

Evergreen ship held up in Qingdao after collision

"One of Evergreen Marine Corporation’s ships has been held in China’s Qingdao port for investigation...

East coast port strike threat prompts shippers to consider heading west instead

"Cargo owners have been advised to make contingency plans for a strike at US east and Gulf coast por...

Mawani Adds IMS Service to King Abdul Aziz Port in Dammam to Connect KSA to Southeast Asia and Indian Ports

The following release was published by Mawani:

The Saudi Ports Authority 'Mawani' announced tha...

Seaboard Marine Enhances Connectivity with New United States Gulf Service to Central America

The following release was published by Seaboard Marine:

Seaboard Marine will commence, beginnin...

Hapag chief executive defends Gemini transhipment tactic

"Hapag-Lloyd chief executive Rolf Habben Jansen said today he expected Asian export freight rates to...

APM Terminals Maasvlakte II places record order for 62 Gantry Cranes

The following release was published by APM Terminals:

APM Terminals Maasvlakte II has signed a...

Port of Los Angeles February Cargo Volume Jumps 60% Over Previous Year

The following release was published by Port of Los Angeles:

The Port of Los Angeles processed 7...

Hapag-Lloyd / Mediterranean - South America West Coast (MSW) Service Update

The following release was published by Hapag-Lloyd:

If you are shipping with our Mediterranean...

CMA CGM to suspend its calls at Port au Prince, Haiti

The following release was published by CMA CGM:

Given the worsening security situation prevaili...

Temporary Port Rotation Change - Gulf to SAEC String 1 Service

The following release was published by MSC:

Due to the challenging conditions currently affecti...

Singamas looks to container leasing as box sales decline

"Singamas, the world’s fourth-largest container manufacturer, is to target more revenue from leasing...

Transpacific freight rates – it’s all about 'who blinks first'

"Container spot rates are falling – but not fast enough for transpacific shippers that walked away f...

Shipping Corp of India edging closer to a VSA with USWC carrier

"With its privatisation plan in limbo, Shipping Corporation of India (SCI) is making a renewed pitch...

DP World to build logistics centre in Busan

"Terminal operator DP World has announced a $50m investment to develop a new logistics centre in Bus...

Evolution of vessel size on the Asia-Europe route

"Sea-Intelligence has examined vessel deployment during round-Africa sailing amidst disruptions in t...

YM Containership Takes Out Cranes While Docking in Turkey

"A Hong Kong-registered containership arriving at the private container port in Kocaeli, Turkey was...

CMA CGM to reshuffle EURONAF service connecting Spain, France, Malta, Western Italy, Sicily & Algeria

The following release was published by CMA CGM:

As there are always Better Ways to address a ma...

CMA CGM and OCEAN Alliance roll out the world's largest maritime services network for the 8th year in a row

The following release was published by CMA CGM:

The CMA CGM Group, COSCO Shipping, Evergreen an...

South African Ports Fail to Gain From Diverted Red Sea Traffic

"Africa’s inefficient and aging ports are hampering the continent’s chances of capitalizing on a sur...