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Torched container ships halved in 2024

Boxship demolitions in 2024 halved from 2023 as the Red Sea crisis sent freight rates to post-Covid-19 peaks. Just 56 vessels, or 80,950 TEUs,...

Port NOLA confirms US$1 million grant for Louisiana box terminal project

The Port of New Orleans (Port NOLA) was awarded US$1 million from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability...

Container Lines Orderbook Rankings

In the dynamic world of global shipping, understanding the capacity and fleet size of major container line operators is crucial. The latest orderbook rankings, sourced...

MSC builds Africa service network with Walvis Bay as strategic hub

After taking control of the container terminal at Walvis Bay in Namibia in November, MSC has decided to use this port as its local...

What Lies Behind COSCO’s Inclusion on the US Department of Defense List?

COSCO is included among several Chinese companies involved in the shipping sector that have been added to a list by the United States Department...

Major operators upped fleet size in 2024

Fleet growth among mainline operators was relatively even in 2024, as all the top 12 carriers increased their capacity by more than 6.9% last...

MSC increases Emergency Operation Surcharge from North Europe to America

In light of the significant changes in the alliances' network, MSC foresees general operational disruption during the first months of 2025. For this reason, the...

MSC boosts connectivity across South Africa

MSC is enhancing its Southern African network to bolster trade with Europe and other global regions. The Swiss/Italian ocean carrier announced updates to its NWC...

Container ship ordering hits new record in 2024

Container ship newbuilding orders for 2024 have reached about 4.4 million TEUs, breaking the previous record from 2021, where 4.3 million TEUs were ordered,...

MSC more than doubles EOS from North Europe to US

Swiss/Italian ocean carrier MSC has announced an increase in the emergency operation surcharge for shipments from North Europe to the United States, Bahamas and Puerto...
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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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