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Slump in spot rates to continue

Container News Team - 0
The nosediving of spot rates continues, as Drewry's World Container Index revised its own record of the largest weekly fall in recent times. A 10.25%...
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Blank Sailings

2M Alliance suspends Sequoia/TP3 service due to US West Coast reduced demand

Container News Team - 0
2M Alliance of Maersk and MSC has decided to suspend its Sequoia/TP3 service due to reduced demand for shipments into the US West Coast...
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Container ship and tanker sustain serious damages in heavy collision in Malacca Strait

Container News Team - 0
The 7,455 TEU container vessel GLS Grania and the Aframax tanker Zephyr I suffered a collision in Malacca Strait between Malaysia and Singapore on...
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Workers begin new round of strikes at Port of Felixstowe

Antonis Karamalegkos - 0
Workers at the UK’s largest container port at Felixstowe have launched a new strike action today (27 September) due to an ongoing dispute over...
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World’s largest container line MSC enters air cargo market

Antonis Karamalegkos - 0
The world's largest container shipping company, MSC Mediterranean Shipping Company SA aims to enter the air freight market, starting the development of a new...
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Ro-Ro cargo ship catches fire at port of Tacoma

Container News Team - 0
Ro-Ro cargo ship Midnight Sun suffered a fire accident at the port of Tacoma in the United States on 22 September, while it was...
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World Container Index sinks to January 2021 levels, at 21-month low

Container News Team - 0
Spot rates on Drewry's are no longer dreary. The World Container Index (WCI) took a near 10% tumble, the first in 29 months, as...
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CMA CGM to implement new US$400 PSS for reefer boxes from Europe

Container News Team - 0
French ocean carrier CMA CGM has announced a new peak season surcharge (PSS) for reefer cargo, effective from 23 October until further notice. The Marseille-headquartered...
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CMA CGM boss Saadé part of tycoon consortium to buy French television station M6

Container News Team - 0
The chairman and chief executive officer (CEO) of the CMA CGM Group, Rodolphe Saadé aims to expand further into the mass media sector. After being...
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Industry Opinions

Congestion, a big piece of the supply and demand puzzle

Container News Team - 0
Introduction Dry bulk and container shipping markets have exhibited sharp declines in earnings over the summer. Many have attributed this to a drop in congestion....
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Blank Sailings

Sea-Intelligence reports ramp up in Golden Week capacity reductions

Container News Team - 0
Danish maritime data company Sea-Intelligence analysed blank sailings data from the leading container lines. The analysts said that blank sailings have for long been...
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Freight fall corners operators with costly charters

Container News Team - 0
Crumbling container freight rates have taken their toll on the newer and smaller players in the liner shipping industry, as their current earnings are...
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Latest Posts

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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US sanctions target Iran-China oil trade, stirring waves across global shipping

CN Premium Articles Alexandros Itimoudis - 0
As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
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AD Ports Group reports strong Q1 results

News Container News Team - 0
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...
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Clarksons: Tariffs could see negative growth for container shipping

CN Premium Articles Container News Team - 0
Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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