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CMA CGM increases FAK rates from India and Pakistan to North Europe and Med

CMA CGM has announced an increase in Freight All Kinds (FAK) rates from India and Pakistan to all ports in North Europe and the...

Strike in Canadian ports delays MSC’s Chinook rotation change

MSC announced in June that its Chinook service will have the following port rotation from the 28th week of the year: Yantian (China) – Shanghai...

Salvage operation of Pangaon Express yet to begin

The charterer of the container vessel Pangaon Express could not start salvage operation of the ship, which sunk on 6 July after leaving Chittagong...

Container vessel sinks in Bangladesh waters

A boxship carrying 96 TEUs of containers sank during an intra-Bangladesh route from the port of Chittagong to the Pangaon Inland Container Terminal in...

COSCO financial figures plunge in 2023

COSCO Shipping Holdings estimates that it suffered significant decreases in profit in the first half of 2023, compared with the same period last year. According...

MSC builds 1 million TEU lead over Maersk

Mediterranean Shipping Company (MSC) has extended its capacity lead over Maersk Line, 1.5 years after surpassing its Danish rival as the largest liner operator. Following...

Evergreen, PIL, CULines and RCL launch revamped intra-Asia service

Pacific International Lines (PIL), Regional Container Lines (RCL), China United Lines (CUL) and Evergreen Marine Corp (EMC) launched a revamped weekly direct service connecting...

Maersk, CMA CGM increase FAK rates from Asia

Maersk and CMA CGM have decided to increase their FAK (Freight All Kinds) rates from Asia to several destinations worldwide. Marseille-based CMA CGM announced an...

Asian box lines launch new service

Emirates Shipping Line (ESL), ASEAN Sea Line (ASL) and Pacific International Line (PIL) have launched a new service connecting China, the Philippines, and Vietnam. Subic...

Asian waters see 35% rise in ship robbery during first six months of 2023

Piracy and ship robbery in Asian waters rose by 35% in the first six months this year compared to the same period last year. According...

Regional Container Lines names new boxship

Regional Container Lines (RCL) expands shipping routes with the launch of a new container ship named Nattha Bhum. The new vessel is valued at more...

Maersk increases rates from Far East to North Europe

Maersk has announced it will increase Freight All Kind (FAK) rates from the Far East to North Europe, starting on 31 July 2023. The updated...

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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