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EC renews Liner Block Exemption

The European Commission has decided to proceed with its planned renewal of the liner shipping consortia block exemption despite vociferous protests from shippers and...

Brokers’ say global googly a macroeconomic disaster

Global trade is in turmoil after the googly thrown at it by the Coronavirus, which has turned the outlook sharply from the expectation of...

Talia F crew suffered three-hour ordeal

Seventeen crew members on board the MSC Talia F, which was attacked by pirates suffered a three-hour ordeal as the attackers searched for hostages...

PIL admits to financial stress

Pacific International Lines (PIL) boss Teo Siong Seng has admitted on 23 March 2020 that the company is in talks with several creditors, including...

MSC vessel attacked off W. African coast

Seven crew have reportedly been taken hostage and another ten crew are have retired to the security of the onboard citadel and are in...

OOIL books US$1.35 billion profit on US terminal sale

Synergies from the acquisition by COSCO of Orient Overseas Container Lines (OOCL) and the sale of its Long Beach terminal were behind the Hong...

Maersk’s crisis preparations: fail to plan and you plan to fail

Covid-19 crisis management is a must for supply-chains since the beginning of this year and if shippers were interested in how shipping lines were...

An unusual year in store for box shipping says Hapag CEO

In what must count as liner shipping’s most significant understatement Hapag-Lloyd CEO Rolf Habben Jansen said today that this year “will be a very...

TS Lines launches new reefer route from Thailand

Taiwanese intra-Asia carrier TS Lines is launching another reefer route from Thailand due to growing shipments between the Southeast Asian country and China. Beginning on...

Maersk expects Q1 improvement in spite of Covid-19

Maersk Line believes it will improve on its first quarter 2019 performance this year even in the face of the severe downturn currently being...

Demand a concern as supply undergoes rapid recovery

Freight rates on the world’s two biggest routes, the Pacific and Asia/Europe trades, are on their way up as China’s manufacturing sector returns with...

CIMC IT secures tracking contract with Danes

Danish IT provider Globe Tracker is to provide tracking and monitoring services for reefer shippers under a new deal the company reached with Chinese...

Latest Posts

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

AD Ports Group reports strong Q1 results

AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits. Revenue for...

Clarksons: Tariffs could see negative growth for container shipping

Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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