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HMM to shift out of Hyundai Group building, removes all Hyundai vestiges

HMM will cut off its last remaining link to the Hyundai chaebol as South Korea’s flagship liner operator will move out of the Hyundai...

Global container carriers thrive despite signs of rate decline

The latest Xeneta Shipping Index (XSI) Public Indices Report has shown the decline of 3.6% in long-term contracted ocean freight rates in January fails...

Niche container lines outperform top-14 global ocean carriers in terms of reliability

Sea-Intelligence has reported that schedule reliability dropped from 78% in 2019 to 63.9% in 2020, and then to 35.8% in 2021, which is not...

MSC increases prices to Middle East and Far East

The Swiss/Italian ocean carrier Mediterranean Shipping Company (MSC) has published fresh Freight All Kinds (FAK) increases for shipments destined to Far East and Middle...

Maersk’s 20,000 TEU container vessel runs aground off German coast

Maersk has confirmed that its 2018-built Mumbai Maersk has run aground near the Port of Bremerhaven in Germany on 2 February at around 23:00...

European freight forwarders turn liner operators

Two freight forwarders, UK’s Uniserve and Italy’s Rifline, have begun running liner services to guarantee space to their customers, as tight shipping capacity and...

Maersk launches warehouse construction in Chittagong

After facing severe logistics challenges in Bangladesh for years, A.P. Moller Maersk has started building a 200,000 square feet (18,580m²) custom bonded warehouse in...

Economic Survey 2021-22: Global container shortage to remain

India's finance minister Niramala Sitharaman has tabled the pre-budget Economic Survey for 2021-22 in the Parliament that gives an insight into the economic status...

Yang Ming reportedly makes exceptions with 12-month bonuses

Yang Ming Marine Transport is said to have broken with tradition by giving staff 12-month bonuses, in response to employees clamouring for the Taiwanese...

After skyrocketed profit earnings, container lines eye investment opportunities

From an investor's standpoint, shipping used to be what they call a 'drag' sector, and shipping company stocks received very less attention when compared...

MSC and ZIM cease cooperation on the North Europe – East Med trade

ZIM and MSC have decided to cease their cooperation on the North Europe - East Mediterranean trade, terminating their joint service from the end...

Historic low in container ship schedule reliability

The Danish research and analysis provider Sea-Intelligence has reported that schedule reliability dropped again month-on-month in December, this time by 1.2 percentage points to...

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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