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CMA CGM to push up South America rates

After four months of pausing increases in freight rates, CMA CGM has decided to boost its prices in shipments to and from the East...

Hapag-Lloyd pays US$55 million for boxship acquisition from Eastern Pacific

Hapag-Lloyd has acquired the 4,253 TEU container ship, Chesapeake Bay, from Singapore-headquartered Eastern Pacific Shipping for US$55 million. The transaction was completed on 6 January,...

India Outlook 2022: Freight rates, box prices continue to rise

Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and...

Maersk starts reefer train service in Spain

Maersk has announced the launch of a new weekly rail service for reefer cargo, connecting the Port of Algeciras in Cadiz with Marin Port...

Ocean Alliance unveils upgraded global service network

The Ocean Alliance, comprising CMA CGM, COSCO, OOCL and Evergreen, has announced its latest global service network, which will launch in April with 42...

Interview with Dr. Philip Blumenthal, CTO of ECU Worldwide

What are the reasons for the global port congestion? What has caused the record-high freight rates? What are the expectations and estimations for 2022? Dr....

ONE’s Madrid Bridge lost at least 30 containers overboard

The 2018-built container ship Madrid Bridge, which suffered a container collapse on 7 January in the North Atlantic Ocean, has lost at least 30...

Global port congestion is getting worse, says Sea-Intelligence

Sea-Intelligence has analysed data from the November 2021 issue of the Global Liner Performance report to calculate how much vessel capacity was being effectively...

Maersk confirms methanol-powered vessels order at Hyundai Heavy Industries

A Maersk representative has confirmed to Container News that the Danish shipping company has declared its options with Hyundai Heavy Industries (HHI) for four...

ONE’s New Panamax vessel suffers container collapse in the North Atlantic

The 13,900 TEU container ship Madrid Bridge has suffered a container collapse in the North Atlantic Ocean on 7 January, according to the vessel...

Tianjin port tests all workers as partial lockdown imposed

Nearly 11,000 nucleic acid samples from port workers have been collected by Tianjin Port Group as a growing Covid-19 outbreak placed the port city...

Envy as Evergreen staff get 40-month bonuses

Staff at Evergreen’s compatriot rivals have become envious after Taiwan’s largest liner operator gave some employees a year-end bonus of as much as 40...

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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