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Drewry’s World Container Index drops this week

Drewry’s composite World Container Index (WCI) decreased by 2% to US$1,685.32 per 40ft container this week. Source: Drewry World Container Index, Drewry Supply Chain AdvisorsThe...

MSC’s Swan service reinstated to North Europe and Poland

MSC's Swan service, which links main ports in China with North European ports in Benelux, Gdynia, Gdansk and Klaipeda, is being reintroduced as a...

World’s largest container ship arrives at Port of Antwerp-Bruges

World's largest container ship MSC Loreto arrived in Antwerp, Belgium to load and unload containers at the MSC PSA European Terminal (MPET) in the...

Tanzania invites global investor to take over operations at port of Dar es Salaam

The government of Tanzania plans to start a process of finding a global investor to run operations of the country's major port of Dar...

GEODIS buys US-based drayage provider

GEODIS acquired Southern Companies, a drayage provider based in the United States that handles all phases of the import and export process. GEODIS believes...

DP World commences direct service between UAE and Iraq

DP World has announced the start of a direct freight service between the United Arab Emirates (UAE) and Iraq, running under the name of...

WSC report: Reduction in containers lost at sea in 2022

In 2022, 661 containers were lost overboard, according to the annual report of World Shipping Council (WSC). This number represents less than one-thousandth of 1%...

MSC adds Jeddah to Asia-Med string as network realignment continues

Mediterranean Shipping Co. (MSC) has announced a new port of call at Jeddah, Saudi Arabia, for its Dragon Service between Asia and the Mediterranean. The...

CN analysis: Container freight rates continue to slide on most Indian trades

There seems to be no real let-up in the rate slide seen on most of the trade routes out of India as trade volume...

ZIM reports 769,000 TEUs in the first quarter of 2023

ZIM Integrated Shipping Services, a worldwide container liner shipping firm, has released its consolidated results for the three months ending 31 March 2023. Carried volume...

Two new shipping services calling at Moín Container Terminal in May

Costa Rica welcomed two new shipping services at the Moín Container Terminal (TCM) in May. More specifically, the first call of the Venezuela Line (VEL)...

ONE opens new office in Ireland

Ocean Network Express (ONE) will open its first wholly owned Irish office, Ocean Network Express (Europe) Ltd, Ireland Branch on 1 June 2023. United Liner...

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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