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CN analysis: Freight rates for Indian exports continue to cool ahead of carriers’ GRI attempts for US services

Container carriers serving Indian trades are seeing no letup in the erosion of export freight rates amid a slowdown in cargo volumes, according to...

Meratus introduces new smart container solution

Indonesian shipping company Meratus has unveiled a new container solution, called SMARCO-Smart Container, aiming to increase the efficiency and security in box transportation. Meratus said...

Container lines hold onto India-US trade GRIs despite little success signals

Container lines seem to be firm on going ahead with a mild rate restoration programme for shipments from India to the United States and...

Boxship hits pier in Taiwan’s port with drunk pilot on board

The 6,763 TEU container ship Hyundai Tokyo hit pier 77 of the port of Kaohsiung in Taiwan on Monday (20 March), causing damage to...

Stronger financial results, lower box volumes for OOCL in 2022

Orient Overseas (International) Limited, the parent company of Orient Overseas Container Line (OOCL) announced the full-year results for 2022, reporting revenue of US$19.82 billion. In...

Container movement to fall in 2023: Mizuho Bank

Mizuho Bank's industry research division predicts that demand for maritime container transport will fall in 2023 in a study on current supply and demand...

MSC enhaces KIWI service connecting Australia, New Zealand and Thailand

MSC announced the enhancement of its KIWI service which will connect Australia, New Zealand and Thailand on a weekly basis. The full rotation of the...

MSC upgrades ScanBaltic to US service

MSC introduced the expansion of its ScanBaltic to the United States service, which links the Northwest region and markets in the US. The new rotation...

Hapag-Lloyd increases freight rates from Asia to Latin America

Hapag-Lloyd announced a new General Rate Increase (GRI) from Asia to the West Coast of Latin America, Mexico, Caribbean and Central America. The German carrier...

Chittagong port to receive larger vessels

The Chittagong Port Authority (CPA) officially invited larger ships to take a berth in its jetties, to enhance productivity, leading to low import costs...

A. P. Moller – Maersk to divest Maersk Supply Service

A.P. Moller - Maersk has agreed to divest Maersk Supply Service (MSS), a supplier of worldwide offshore maritime services and project solutions for the...

Maersk upgrades Oceania service

Maersk has announced that its Polaris service will be upgraded to a weekly service, effective from April. The Danish ocean carrier said the Polaris service...

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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