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Major freight indexes hit new record-highs on the last day of the year

Two major freight indexes, SCFI and NCFI, reached record-high figures on the last day of the previous year, which was marked by skyrocketing container freight...

Wan Hai under FMC investigation for container detention fees

The Federal Maritime Commission (FMC) has announced that the Taiwanese container carrier Wan Hai is under investigation for possible violations of 46 U.S.C. §...

Maersk foresees severe space shortage ahead of Chinese New Year

A.P. Moller – Maersk has said space to remain tight through to Chinese New Year (CNY) due to on-going capacity constraints and sailing delays. In...

Evergreen spends nearly US$70 million on more containers and cranes for LA terminal

Evergreen Marine Corporation is going for another round of capital investments as the Taiwanese liner operator looks to bolster its competitiveness amid healthy earnings...

COSCO’s mega container ship suffers propulsion loss off Portugal

As per reports from Portuguese Maritime Authorities, a COSCO's 20,000 TEU container ship sustained propulsion loss due to some reason that was withheld from...

Yang Ming boss claims Taiwanese carriers could earn more than banks in 2021

Yang Ming chairman Cheng Cheng-mount said at a media briefing that with the liner industry heading for another year of record earnings, Taiwan's three largest...

Schedule reliability under 40% throughout 2021, Maersk stays on top

The Danish provider of research & analysis within the global supply chain industry, Sea-Intelligence has conducted a report showing that schedule reliability declined month-to-month...

Pakistan looks to enter container shipping market with its own fleet

Pakistan is exploring possibilities to acquire its own container ships fleet to face the current global supply chain difficulties, according to the country's maritime...

Maersk and Unilever ink international logistics deal

AP Moller - Maersk has signed a four-year agreement with London-based multinational consumer goods company Unilever for the development and management of Unilever’s International Control...

59% of all containers leave US ports empty

The Covid-19 has truly put the global supply chain in turbulence. After several months, when the global economy has reopened, the blue transport corridor...

2M Alliance announces temporary port rotation changes in four services

2M Alliance, comprising the world's leading shipping lines Maersk and Mediterranean Shipping Company (MSC), has announced the implementation of port omissions in four of...

Yang Ming chairman responds to disgruntled captain’s letter after media storm

The captain of one of Yang Ming's ships submitted a letter through the company’s staff feedback channel to protest what he perceived as the...

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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