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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...

CMA CGM, COSCO, Evergreen and OOCL extend OCEAN Alliance to 2032

On 27 February, the Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen, and OOCL gathered in Shanghai to sign a Memorandum...

Lack of newbuildings costs OCEAN Alliance’s Asia-Europe frequency

Since the members of OCEAN Alliance (CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation) did not have many newbuildings join their fleets, nor reassign...

Transpacific container trade bounces back in the beginning of 2024

Transpacific eastbound box volumes have rebounded by 16.9% in January 2024 and full-year volumes are expected to record positive growth again after falling by...

Seoul court rules that freight-fixing fine was wrongful to Evergreen

In a victory for container lines, the Seoul High Court on 1 February overturned a fine imposed by the Korea Fair Trade Commission (KFTC)...

Evergreen and X-Press Feeders sign deal for green shipping routes in Europe

Taiwanese container line Evergreen Marine Corporation has signed a Memorandum of Agreement (MoA) with X-Press Feeders, the world’s largest independent common carrier, to place...

Contrasting schedule reliability in Taiwan’s container lines

Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and...

Wan Hai to spruce up Kaohsiung terminal no. 5 for over US$300 million

Wan Hai Lines will spend over US$300 million to refurbish Terminal No. 5 in Kaohsiung Port. The facility will open in 2026, with the capacity...

Evergreen goes bright and colourful to retain seafarers

Evergreen Marine Corporation has designed the living quarters of its largest ships to look like cruise ships in order to give its seafarers the...

Maersk settles Ever Given case out of court

Maersk Line has reached an out-of-court settlement with the parties it sued for damages resulting from the grounding of Ever Given in the Suez...
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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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