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Pause in Transpacific rate surge

Transpacific freight rates have corrected after rising for more than three months, as capacity additions have begun making an impact. When the Shanghai Containerised Freight...

MSC’s market share now at 20% as fleet nears 6 million TEUs

MSC now has a market share of 20%, as its aggressive newbuilding drive and ship purchases placed the largest liner operator’s fleet at just...

MSC announces East-West service network adjustments

Swiss/Italian container line MSC will adjust its new standalone services, Swan and Britannia aiming to enhance its network. Swan service will become Swan-Sentosa to provide...

MSC implements Oceania peak season surcharges

MSC has announced a Peak Season Surcharge (PSS) effective 1 July 2024, due to robust demand in the Oceania region. The surcharge will apply to...

MSC to acquire minority stake in Genoa airport

Aeroporti di Roma (ADR), a Genoa airport operator, received a binding purchase proposal from Swiss/Italian shipping company MSC Group for its minority stake, equal to...

Houthi fires new “long-range” missile at another MSC boxship

The Houthis targeted another container vessel of Mediterranean Shipping Company (MSC) on 24 June. Houthi spokesperson Saree Yahya said on the Iran-backed rebel group’s television...

MSC Vietnam’s Project Cargo team sets new record

MSC Vietnam’s Project Cargo team has achieved another milestone by successfully securing and loading a disassembled lifting frame with parts of various dimensions in...

MSC revises equipment charges in Türkiye

Considering the current equipment situation in Türkiye, MSC will revise its Equipment Repositioning Charge (ERC) for all cargo originated from Türkiye to NWC, UK...

MSC strengthens Asia service network

MSC has decided to update its Asia service network by enhancing two existing services and launching a new one. The Swiss/Italian ocean carrier announced the...

MSC introduces new standalone service connecting Asia and South East India

MSC has announced the launch of its new weekly service, Osprey, between Asia and South East India. The Osprey service will offer a direct route...
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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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