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ILWU action shuts down US West Coast giant container ports

International Longshore and Warehouse Union (ILWU), a labor union which primarily represents dock workers on the West Coast of the United States, Hawaii, and...

HMM shareholders discontent with dividends

HMM's shareholders have demanded higher dividends as South Korea's flagship container carrier has seen its stock price halve with the normalisation of freight markets. At...

US freight recession impact on Transpacific and Transatlantic container trade

The post-pandemic trade slowdown in the United States is impacting household goods demand far more seriously than industrial freight demand, according to analysts appearing...

MSC adds South India-Middle East string for transshipment trade

Mediterranean Shipping Co. (MSC) has further consolidated its Indian Ocean service network with a new regional string out of Cochin Port. The weekly routing, branded...

Evergreen crewman attacked in attempted ship robbery

A crewman on one of Evergreen Marine Corporation's ships was tied up during an attempted robbery, while the vessel was anchored in Manila port...

ONE introduces CO2 emissions calculating tool

Ocean Network Express (ONE) has launched the ONE Eco Calculator, which will measure CO2 emissions from its vessels. The tool is one of the company's...

Shanghai and Shenzhen see container decline amid slightly higher box volumes in China

The container throughput of the 12 major Chinese ports was 44.1 million TEUs in the first two months of the year, representing a year-on-year...

Yang Ming retirees demand 2021 bonuses

A group of retired Yang Ming Marine Transport employees has petitioned the Taiwanese liner operator to pay them the bumper bonuses that were accorded...

CMA CGM revises Panama Canal surcharge from Asia to American destinations

French ocean carrier CMA CGM announced a revision of the Panama Canal Surcharge, which is implemented from Northeast Asia and China to East Coast Central...

OOCL’s revenue more than halved in 2023 first quarter

Orient Overseas Container Line (OOCL) announced that its total revenues dropped by 57.8% to approximately US$2.2 billion in the first quarter of 2023, compared...

Dalian begins works on new MSC LNG-powered 16,000 TEU vessel

Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has begun the construction of the 10th LNG-powered 16,000 TEU container ship for...

Container lines’ profit margins fell in 2022

Container shipping companies' profit margins hit a two-year low in the fourth quarter of 2022, as rates and demand plunged. According to Alphaliner's latest report,...

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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