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Chinese export container rates drop despite normal CNY cargo rush

An unusual drop in prices was observed in Chinese container exports, according to chief shipping analyst at BIMCO, Niels Rasmussen, who noted that box...

MSC, CMA CGM, Evergreen and Zim most active fleet builders in 2022

MSC, CMA CGM, Evergreen Marine Corporation and Zim Lines registered the largest fleet growth among liner operators in 2022, according to Alphaliner's latest report. The...

Transpacific ocean rates return to 2019 levels

The pandemic-driven surge in demand for ocean imports catapulted global freight – and rates – to new levels of infamy in 2021 and 2022. According...

MSC to link India with East Med with new service

MSC (Mediterranean Shipping Company) has included Jubail Commercial Port in Saudi Arabia in the port rotation of one of its shipping services connecting India...

Chinese ports boost container volumes; Shanghai, Ningbo and Shenzhen remain on top

Chinese ports have handled 270.6 million TEUs from January to November 2022, which represents a 4.2% increase compared with the same period in 2021. Additionally,...

MSC overtakes Maersk in November schedule reliability

The Danish maritime data analysis company Sea-Intelligence has reported that global schedule reliability improved by 4.7% month to month in November 2022 and reached...

MSC launches direct service connecting East and West Mediterranean

MSC announced the opening of a new direct service between Türkiye, North Africa, Portugal and Spain. The purpose of this new service is to enhance...

ONE to acquire three container terminals in US

Ocean Network Express (ONE) has signed definitive agreements to acquire a 51% stake in each of TraPac LLC (TraPac) and Yusen Terminals LLC (YTI),...

Several years of poor maintenance led to APL England container loss accident

A final report into the loss of containers from the 5,780 TEU vessel APL England off Sydney in 2020 notes the importance of vessel...

THE Alliance unveils upgraded service network for 2023

THE Alliance, comprising Hapag-Lloyd, Ocean Network Express (ONE), Yang Ming and HMM, has reconfigured its service network for the next year. The updated service setup...

Operation disruptions at Rotterdam continue, Maersk announces contingency plans

There are still significant disruptions at the Port of Rotterdam operations due to ongoing industrial action across multiple terminals at the Dutch port caused...

Port of Rotterdam to allow mixed berthing

Mixed berthing will be officially allowed from the second week of January in the port of Rotterdam. Inland vessels carrying hazardous cargo will be allowed...

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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