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Wan Hai leases containers from SeaCube

Wan Hai has agreed to lease over 5,000 containers from SeaCube Leasing for more than US$30 million. In particular, the Taiwanese liner operator said in...

Maersk announces Atlantic coverage updates

Danish ocean carrier Maersk has announced the launch of the TA5 service, connecting the United Kingdom, Germany, the Netherlands and Belgium with the United...

Trump’s Inauguration: What’s the Future of the Shipping Industry?

As the world braced for the United States presidential election results in late 2024, the logistics sector began preparing for the possibility of a...

COSCO vessel delivers 60-meter furnace to Antwerp port

On 15 January, the COSCO SHIPPING vessel "Zhi Yuan Kou" delivered a colossal furnace, towering 60 meters high, from Thailand to the port of...

Connectivity increases benefit major ports: Sea-Intelligence’s report

United Nations Conference on Trade and Development (UNCTAD) releases a quarterly Port Liner Shipping Connectivity Index (PLSCI), giving ports an index-based liner connectivity score. The...

ONE, HMM introduce new service to connect Far East with South America

Singapore-headquartered box carrier Ocean Network Express (ONE) and South Korea's flagship container line HMM will launch a new service connecting key ports in the Far...

CMA CGM increases rates for US shipments

French ocean carrier CMA CGM has announced new rates and surcharges for shipments destined for the United States. Firstly, CMA CGM will apply a peak...

Rapid rate declines expected in February

Vespucci Maritime CEO Lars Jensen said in a Baltic Exchange report that the alliance reshuffling is expected to result in short-term overcapacity in February. This...

Hapag-Lloyd launches new India Asia Express service

Starting in February 2025, Hapag-Lloyd will introduce the India Asia Express (IAX) service, offering direct connections from Mundra to major Asian ports. This service will...

Ocean Alliance rolls out new service network

Ocean Alliance of CMA CGM, COSCO, Evergreen and OOCL has announced the latest product line-up for 2025. As the initial cooperation period nears its end,...

Clecat: Rates driven by capacity not service

Maritime rates are not determined by how good a service is but by the crude measure of available supply and customer demand, according to...

What Lies Behind COSCO’s Inclusion on the US Department of Defense List?

COSCO is included among several Chinese companies involved in the shipping sector that have been added to a list by the United States Department...

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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