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Freight forwarders turn to SOCs to face global container shortage

Container News Team - 0
The percentage of top 50 freight forwarders accepting shipper owned container (SOC) requests grew from 6% in 2019 and 10% in 2020 to 18%...
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PIL announces US$30,000/box penalty for cargo weight misdeclaration

Antonis Karamalegkos - 0
Pacific International Lines (PIL) will impose a fine of US$30,000 per container for any misdeclaration of the cargo weight, a charge that is already...
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Chemical leak from container on Sinokor ship

Container News Team - 0
Leakage of hazardous chemicals has reportedly happened on one of Sinokor Merchant Marine’s ships in South Korea. Korea Coast Guard said that around 3.56 am...
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Port congestion eases in the United States, shifts to Asia

Container News Team - 0
The US West and East Coast ports saw a reduction in port congestion during January, as workers cleared a substantial backlog amid Covid-19 outbreaks,...
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CMA CGM introduces reefer container tracking system

Container News Team - 0
CMA CGM has launched SMART reefer container, a digital solution for tracking the position and status of refrigerated goods. The French company claims this solution...
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Robert Mærsk Uggla to lead Maersk as the new company chair

Container News Team - 0
Robert Mærsk Uggla will be the new chair of A.P. Moller – Maersk's board of directors, after the company's annual general meeting on 15...
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THE Alliance unveils updated service network for 2022

Antonis Karamalegkos - 0
THE Alliance, comprising Hapag-Lloyd, Ocean Network Express (ONE), Yang Ming and HMM, has announced an updated service setup, which will be effective from spring...
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MSC announces rate increases in Europe

Container News Team - 0
The largest container line in the world Mediterranean Shipping Company (MSC) has announced the implementation of new Freight All Kinds (FAK) rates in Europe,...
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CMA CGM drops plastic from its container ships, confirms Rodolphe Saadé

Antonis Karamalegkos - 0
During the One Ocean Summit organised by Emmanuel Macron, president of the French Republic, the chairman and CEO of the CMA CGM Group, Rodolphe...
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Russia-Ukraine crisis: International shipping lanes under threat?

Antonis Karamalegkos - 0
The Ministry of Foreign Affairs of Ukraine has announced it strongly protests against the decision of Russia to block parts of the Black Sea...
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ZIM confirms US$870 million charter deal for 13 boxships

Antonis Karamalegkos - 0
ZIM will charter 13 container ships from Navios Maritime Partners L.P. for a total of approximately US$870 million, according to a new agreement. The charter...
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Maersk agrees to buy US transportation and logistics firm for US$1.68 billion

Antonis Karamalegkos - 0
Maersk has announced its intention to acquire the US-based transportation and logistics company Pilot Freight Services for US$1.68 billion with the closing of the...
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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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