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Booking cancellation charges hit Indian shippers as rate levels stabilise

Container lines covering Indian trades have begun to penalise customers, and more severely spot customers, for failing to fulfill their bookings as committed. These charges...

Shanghai lockdown hits Oakland container volumes

China’s zero-tolerance in the Covid-19 pandemic and the lockdown in Shanghai have affected the Port of Oakland in the United States, which has seen...

Sea-Intelligence: We might end up with 13 million TEU of excess containers in 2023

The impact of supply chain problems, which have existed for two years now, is very large, leading to a significant extension of transport time,...

Survey results: Peak season container shipping “chaos” on the way

Even more chaotic for global supply chains will be this year's rise in cargo in the peak summer period, compared to the peak period...

Cosco to invest US$3 billion in new Peruvian port

Cosco Shipping Ports (CSP) reportedly plans to invest around US$3 billion to build a container port in Peru, as the Chinese government advances the...

India to link 27 additional ports through rail network

India has now planned to connect 27 more ports through rail connection for faster transportation of cargoes. In this regard, Indian Railways will lay...

Shanghai port shows recovery signs after latest pandemic lockdown

The port of Shanghai handled more than 3.08 million TEU in April, which represents 82.4% of the box volumes recorded in April 2021. This is...

H&M, Inditex lobby for Maersk to run Patenga Container Terminal

AP Møller-Maersk has engaged top global apparel retailers like H&M and Inditex to lobby the Bangladesh government for getting a contract to operate the...

Boxship suffers fire incident in East China Sea

A fire broke out in the engine room of the 664 TEU container ship, Hua Hang 1, which is deployed on a China-Taiwan service. Nineteen...

Hapag-Lloyd reports US$4.7 billion profit in first quarter

Hapag-Lloyd has achieved "an exceptionally strong start" of the year, according to the company's CEO Rolf Habben Jansen, who expects a strong second quarter. The...

China’s lockdowns impact North America West Coast port volumes

China's firm policy on the Covid-19 pandemic has created a climate of port closure and operational restrictions, as seen in both Ningbo and Shanghai,...

Colombo port workers return to work after 23 hours

Workers at Colombo port returned to work on Wednesday (11 May) afternoon after enforcing strikes for 23 hours since Tuesday (10 May) evening. The Sri...

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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