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12.5% of the global capacity now unavailable, possible decongestion in late 2022

Sea-Intelligence has published a report to gauge the impact that congestion and vessel delays have had on the global deployed liner capacity, showing that...

Coca-Cola charters bulk carriers as container conundrum continues

Following the lead of various other global brands, Coca-Cola recently announced chartering of bulk carriers for transportation of raw materials, amid the persistence of...

Freight rates elevated more than 90% in one year

Xeneta Shipping Index (XSI) has revealed another monthly hike in long-term ocean freight rates, with global container prices rising by 3.2% in September, followed...

Chinese power cuts may disturb US$120 billion of trade flows

The current Chinese power shortages that have gripped the country could see US$120 billion of trade flows delayed, according to the risk modelling company,...

Maersk completes B2C Europe takeover

After the announcement of its intention to acquire B2C Europe in August, AP Moller Maersk will now complete the acquisition of the Dutch logistics...

Schedule reliability hits all-time low in August, Maersk stays on top

Although schedule reliability has hovered between 35%-40% for most of the year, in August 2021 it dropped to 33.6%, a new all-time low during...

China’s CIMC buys Maersk Container Industry for US$987.3 million

The Danish container logistics company AP Moller - Maersk has signed an agreement on 27 September to sell its reefer manufacturer, Maersk Container Industry...

Cosco Shipping Lines upgrades its reefer fleet

Cosco Shipping Lines has enhanced its refrigerated cargo fleet with active controlled-atmosphere (CA) systems, named EverFresh, which are provided by Carrier Transicold. The high-performing systems...

THE Alliance leads the blank sailings race

Over the next 4 weeks, The Alliance has announced 20 cancellations, followed by 2M and Ocean Alliance with 14 and 6 cancellations, respectively, according...

Top 10: The busiest container port and terminal operators in the world

Container News continues its exciting "Top 10" series of articles and this time we have noted the ten busiest container port and terminal operators in...

Shippers struggle as container carriers’ earnings skyrocket

Importers and exporters are facing a rapidly disintegrating container shipping market as deployed capacity fails to keep pace with returning consumer and business demand...

MSC to push up European rates in September

The Swiss shipping line MSC will implement new rate increases for shipments in Europe that will take effect in September. Firstly, the Geneva-based carrier will...

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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