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Most Visited - Newsletter

Industry backlash against US tariffs on Chinese-built ships

The US Trade Representative's proposed Section 301 actions targeting Chinese-built and operated vessels are facing staunch opposition from key stakeholders within the maritime industry. The...

Major container lines report over US$27 billion in 2024 earnings

The major shipping lines that have reported and published their financial figures for 2024 have recorded combined full-year earnings before interest and taxes (EBIT)...

Bengal Tiger Line expands services to the Mediterranean

Singapore-based ocean carrier Bengal Tiger Line (BTL) has broadened its operational reach to the Mediterranean by introducing a new service route connecting Turkey, the...

HMM, Wan Hai and ZIM among stellar performers of 2024

HMM, Wan Hai Lines and ZIM Line were the best-performing liner operators in 2024, which was the third best year for the industry, with...

Hapag-Lloyd announces GRI from India and Pakistan to USEC

Hapag-Lloyd will implement a General Rate Increase (GRI) / General Rate Adjustment (GRA) for shipments from the Indian ports of Nhava Sheva, Mundra, Hazira...

Japanese JV to construct new container port in Bangladesh

A joint venture of Japanese construction groups Penta-Ocean Construction and TOA Corporation has been chosen to build the new Matarbari port in Bangladesh. The US$500...

CMA CGM announces PSS for West Africa, Med & Black Sea

In its ongoing commitment to providing reliable and efficient services, CMA CGM has announced a Peak Season Surcharge (PSS) effective 1 from April 2025,...

MSC announces changes in Far East service

According to DynaLiners report, the world's largest container carrier MSC has realigned its intra-Far East Pertiwi service, replacing the port of Tanjung Pelepas with...

Geopolitics, tariffs and war result in rates bloodbath

A rates bloodbath is shaping up as fundamentals in supply and demand finally overwhelm the black swan events that have seen shipping lines bank...

MSC increases rates from Far East to North Europe

Swiss/Italian box line MSC announced updated freight rates from Far East ports (including but not limited to ports in Japan, Korea and Southeast Asia)...

Yang Ming records US$2 billion in annual net profit

Taiwan's major ocean carrier Yang Ming Ming reported consolidated revenues of US$6.94 billion and a net profit after tax of US$2 billion, resulting in...

HMM must not be slanted towards containers, says KOBC boss

The new president of Korea Ocean Business Corporation (KOBC), HMM’s second-largest shareholder, said that South Korea’s flagship container line should diversify further beyond its...

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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