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New alliances debut with record schedule reliability levels

Sea-Intelligence has published its latest Global Liner Performance (GLP) report, whose extensive coverage spans 34 trade lanes and over 60 carriers, featuring schedule reliability...

CMA CGM and ABB partner on new parametric roll solution

CMA CGM has launched a new collaboration with technology solution provider ABB on a new parametric roll algorithm to improve ship safety. The solution integrates...

Shippers turning to futures and longer-term contracts to manage risks

Daily turnover of Asia-North Europe (EC) container freight futures traded on the Shanghai Futures Exchange has reached US$1.5 billion. Speakers at the “Navigating the Volatility...

COSCO doubles profits in 2024

COSCO SHIPPING Holdings reported a doubling of annual profits, achieving an operating revenue of RMB 233.86 billion (US$32.3 billion) in 2024, representing a 33.3%...

Nhava Sheva Port launches US$500M road project to ease congestion

Indian shippers and supply chain stakeholders at Nhava Sheva Port (JNPA) could see significant relief from landside congestion as the port has won government...

MSC vessel loses containers in rough seas off Portugal

The MSC-operated container ship MSC Houston V lost 15 boxes in the Atlantic Ocean off the coast of Portugal on 20 March after encountering...

Gaza escalation raises risks of further disruptions in Red Sea

The ceasefire between Israel and Hamas ended on March 18, with Israel resuming military operations in the Gaza Strip. This development heightens concerns regarding...

Major container lines report over US$27 billion in 2024 earnings

The major shipping lines that have reported and published their financial figures for 2024 have recorded combined full-year earnings before interest and taxes (EBIT)...

Bengal Tiger Line expands services to the Mediterranean

Singapore-based ocean carrier Bengal Tiger Line (BTL) has broadened its operational reach to the Mediterranean by introducing a new service route connecting Turkey, the...

BIMCO: US port fees to hurt US trade more than curb China’s dominance

Charging fees on China-linked vessels calling at US ports will significantly increase the cost of seaborne transport to and from the United States –...

HMM, Wan Hai and ZIM among stellar performers of 2024

HMM, Wan Hai Lines and ZIM Line were the best-performing liner operators in 2024, which was the third best year for the industry, with...

Plastic pellet pollution detected in North Sea

Following the collision in the North Sea between the container ship Solong and the tanker Stena Immaculate, industrial plastic pellet pollution has been detected...

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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