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Maersk increases rates from Asia to North America

Maersk has announced a rate increase from Pakistan, the Middle East, and the Indian subcontinent to North America, namely the United States and Canada. In...

Carriers attempt PSS for India-US cargo after modest GRI success

Container lines appear to have regained some bargaining power to lift freight rates on the India-US trade lane after managing partial recovery from recent...

CJ Logistics signs up ONE as strategic partner

CJ Logistics, South Korea’s largest third-party logistics provider, signed a collaboration agreement with Ocean Network Express (ONE) on 3 August, a month after sealing...

SeaLead announces new service connecting China with India

SeaLead, in partnership with Sinotrans, SITC, and TS Lines, has announced the launch of a new service called FIX (Far East to India Express),...

Transatlantic party over as rates plunge

Celebrations are over for liner operators that transferred ships to the Transatlantic lane after Asia-Europe and Transpacific rates began tanking, according to Alphaliner's report...

ONE avoids making full-year forecasts as market becomes uncertain

Ocean Network Express (ONE) said on 1 August that the market remains uncertain after its net profit for the three months ended 30 June...

Long-term ocean freight rates hit two-year low just as record new levels of ships enter market and overcapacity adds further pressure: Xeneta

Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta's Shipping Index (XSI®) showing a fall of...

COSCO SHIPPING launches 700 TEU electric boxship

COSCO SHIPPING Development successfully launched a 700 TEU electric container vessel (N997) on 26 July at No.1 Shipyard of COSCO SHIPPING Heavy Industry in...

Freight rates rise on GRIs and Canadian strike

Transpacific rates rose to a nine-month high when the Shanghai Containerized Freight Index (SCFI) closed on 28 July, as general rate increases (GRIs) on...

MSC tops schedule reliability rankings in June

MSC was the most reliable top-14 carrier in June 2023, with 70.6% schedule reliability, followed by Maersk with 69.9%, according to a recent analysis...

Construction worker dies at Tuas mega-port site in Singapore

A worker involved with the building of Singapore's new mega-port has died after being found motionless at the construction site. The Maritime and Port Authority...

Carriers see rate gains on India-US trades, but slide continues on other trades

With the exception of trades to the United States, container carriers operating out of India have continued to face further significant freight rate declines...

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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