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MSC adds second-hand tonnage to its fleet

The Mediterranean Shipping Company (MSC) has been busy in the second-hand vessel market adding six container ships to its fleet, according to shipbroking reports. The...

Container collapse challenges ONE vessel enroute to Long Beach

The 2018-built container ship ONE Aquila has suffered a container stack collapse, said to be caused by bad weather, while the vessel was sailing...

Only slowing demand will sort Asian container backlog

Ports on both sides of the Pacific will not see relief from the congestion that is currently blighting the facilities until there is a...

Carriers pushing Asia rate increases into December

CMA CGM and Hapag-Lloyd have announced rate increases on their Europe to Asia services and the companies boost rates in Asian regional services, as...

Bill Gates jumps into nuclear shipping project

Bill Gates, the co-founder of Microsoft, will participate in a nuclear project, which aims to introduce nuclear energy in shipping. In particular, TerraPower, which is...

OOCL orders seven more ultra-large boxships

COSCO Shipping’s Hong Kong based subsidiary OOCL has ordered a further seven 23,000TEU container ships, following its order for five vessels in March of...

Maersk prepares for historic long-term contract season

The world’s largest carrier, Maersk Line, hopes to capitalise on a historic moment in the container industry’s development to pull off a fundamental shift...

Container shipping on the cusp of integration

Ship operators in the container shipping sector have a five-year window in which to develop their integrated systems that will allow them to compete...

Greek authorities charge Maersk Launceston captain

The Piraeus prosecutor's office has requested the arrest of the master of the Maersk Launceston for causing shipwreck by negligence and for violations of...

Hapag-Lloyd raises Asian rates again

Hapag-Lloyd has announced several new Asia charges, which will take effect in the last two months of the year. The German carrier will apply general...

Ocean Alliance updates European products

The Ocean Alliance has announced changes in two Asia-Europe products, Loop 4 (LL4) and Loop 5 (LL5), in order to offer "more competitive and...

Maersk and COVAXX on a mission to deliver vaccines globally

In a unique collaboration Maersk and Covid-19 vaccine developer COVAXX say they intend to “democratise health worldwide,” through an agreement to distribute the medical...

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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