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Ocean carriers increase schedule reliability, Maersk ahead of competitors

The ocean carriers' global schedule reliability increased sharply by 7.7% month-to-month in February 2023, reaching 60.2%, according to Sea Intelligence. On a year-to-year level, schedule...

Hapag-Lloyd to launch new service in Latin America

Hapag-Lloyd has announced it will commence a new service in Latin America, named WCSA Feeder 4 (WS4). The new service will launch in June and...

PSA Terminal leads Nhava Sheva Port’s fiscal 2023 throughput growth

Nhava Sheva Port (JNPT), India's busiest public gateway, logged an all-time throughput high in the fiscal year 2022-23, which ended on 31 March, according...

Boxship demolition slows to crawl

The expected tsunami of container vessels sold for demolition is evaporating. Liner operators are intent on chasing market share despite the correction in freight...

Hapag-Lloyd implements new rate increase from East Asia to North America

Hapag-Lloyd announced a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high...

ZIM quits Pacific Southwest lane again as ZEX service axed

ZIM will withdraw its eCommerce Xpress (ZEX) service, which was launched during the peak of the freight market in 2020, at the end of...

World Shipping Council defends vessel-sharing arrangements

The World Shipping Council (WSC) released a statement supporting the use of vessel-sharing arrangements (VSAs), which are being phased out under a new US...

Advisors appointed for HMM sale

Samsung Securities has been appointed to manage the sale of the South Korean government’s shares in HMM, while Samil PricewaterhouseCoopers and law firm Lee...

Hapag-Lloyd upgrades Oceania-North America service

Hapag-Lloyd announced an update on North America Westcoast - New Zealand - Australia (WSN) service. The German ocean carrier said the bi-weekly service rotation will...

Chinese shipbuilder delivers second MSC mega container ship

MSC has received the second vessel in a series of 24,116 TEU ultra-large container ships from China State Shipbuilding Corporation (CSCC). The Chinese shipbuilder said...

ZIM and Shell complete the first LNG bunkering under 10-year agreement

ZIM and Shell have announced the successful bunkering of the Hong Kong-flagged container vessel ZIM Sammy Ofer with liquefied natural gas (LNG) at Kingston...

PIL to integrate China barge service offering into new PIL Intermodal Service

PIL offers river barge service in China as part of its service options to clients who require effective transportation of their goods from ports...

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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