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MSC stretches newbuilding pipeline with 20-ship haul at New Times

Chinese shipyard New Times Shipbuilding has won 20 dual-fuelled boxship orders from MSC, which continues to expand its market-leading orderbook. MSC has reportedly commissioned ten...

US president Biden signs the Ocean Shipping Reform Act into law

US president Joe Biden signed into law the Ocean Shipping Reform Act (OSRA) on 16 June, which authorizes appropriations for the Federal Maritime Commission...

MSC identified as charterer of high-priced ultra-large vessels

MSC has been linked to the recent high-priced orders for four 23,000 TEU LNG-fuelled ships placed by Japanese tonnage providers at Imabari Shipbuilding. Two...

HMM, SM Line and Pan Ocean launch first K-Alliance service

HMM, SM Line and Pan Ocean have started the first service under the K-Alliance, a joint South Korea-Vietnam-Thailand service. K-Alliance was launched in 2020, with...

Ever Given insurance claims could exceed US$2 billion

French reinsurance company SCOR said that Ever Given claims could amount to more than US$2 billion, while they believe it will take many years...

MSC joins ICHCA International

Mediterranean Shipping Company (MSC) is now a member of the ICHCA International, the global association that represents cargo handling companies, having also representation on...

Box lines’ profitability remains at record levels with combined Q1 EBIT of US$43.9 billion

Following the "trend" of the last quarters and years, container lines have recorded very strong operating profits once again in the first quarter of...

Indian exporters see fresh GRI notices after brief market stability signals

After a brief period of calm that has seen some sort of freight rate stability, container carriers have begun to hit the Indian market...

Chittagong depot owners in dilemma as lines refuse to carry hydrogen peroxide laden containers

Chittagong container depot owners are now in trouble as some of the shipping lines are refusing to carry hydrogen peroxide after the depot fire...

Record prices for container newbuild vessels

Boxship newbuilding prices are hitting new all-time highs, as container freight levels show no sign of a substantial correction anytime soon. VesselsValue shows that on...

Wait-and-see as Shanghai back into lockdown

A Covid-19 flare-up in Shanghai just eight days after emerging from a two-month lockdown has returned the port city to square one, raising concerns...

FMC announces US$2 million fine to Hapag-Lloyd for detention and demurrage violation

The United States Federal Maritime Commission has approved a settlement agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd where the ocean carrier...

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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