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Box lines start Asia-Mexico services as rates hit 20-month high

Mainline operators have been starting services connecting China with Mexico as freight rates have reached a near two-year high. Freight rates for containers from Chinese...

Evergreen and COSCO to transfer giant ships from North Europe to Mediterranean services

Evergreen Marine Corporation and COSCO Shipping Lines will replace 13,000 TEU vessels with 20,000 TEU ships on their jointly operated Far East-Mediterranean service. The 20,000...

COSCO starts new China-Thailand service

Chinese container shipping giant COSCO will launch a new service connecting major ports in China with Thailand. COSCO's Qinzhou-Thailand Service (QTS) will call at Laem Chabang...

Wärtsilä and COSCO sign largest order for methanol-fuelled newbuild boxships

Wärtsilä has secured a significant contract to supply methanol-fuelled auxiliary engines to twelve new container vessels. Five of these vessels are for COSCO Shipping Lines,...

Major container lines jointly launch Asia – East Coast South America service

Five of the largest ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South...

COSCO, CNC ink vessel-sharing deal for intra-Asia service

Chinese shipping giant COSCO and CNC, the intra-Asia short sea specialist of the CMA CGM Group, have signed a vessel-sharing agreement for a service...

COSCO container ship damages Keelung berth after collision

A pier in Taiwan’s Keelung port sustained damage after one of COSCO Shipping Lines’ container ships came into contact while attempting to berth. The 2000-built,...

COSCO Shipping Aries to call at Port of Genoa marking another milestone

During the inaugural journey of COSCO Shipping Aries in 2018, this ultra-large container vessel became the first 20,000 TEU class ship from China to...

OCEAN Alliance rolls out new service network

OCEAN Alliance, consisting of CMA CGM, COSCO, Evergreen and OOCL, has announced the launch of its updated service network, called "DAY 8 Product". After extending...

Carriers ‘undo’ rate hikes on India-US trades amid cargo volume pressure

Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

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...
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