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MSC and Chinese Research Institute ink decarbonisation agreement

MSC, the second-largest shipping line in the world and the China Waterborne Transport Research Institute, an agency under China’s Ministry of Transport, have signed...

Containers filling AAL Shipping’s multi-purpose ships

Singapore-based multi-purpose (MPP) vessel operator, AAL Shipping has been carrying many containers amid the red-hot box shipping market. It has been widely reported that MPP...

World’s largest container vessel calls at Colombo port

The largest container vessel in the world, the 24,000TEU class Ever Ace has made its inaugural call at the Port of Colombo, docking at...

Port of Corpus Christi CEO elected to AAPA Board of Directors

The Chief Executive Officer of the Port of Corpus Christi, Sean Strawbridge has been elected to be part of the American Association of Port...

Cocaine worth more than US$120 million discovered inside cocoa box in Rotterdam

The Port of Rotterdam witnessed another drug bust wherein as much as 1,400 kg of cocaine was seized. The seizure comes amid rising concerns...

Freight rates to start stabilising in mid-2022, says Aurelio Martínez, PAV President

Speaking at the Mediterranean Ports and Shipping 2021 conference, the president of the Port Authority of Valencia (PAV), Aurelio Martínez said that freight prices...

Amended Fair Trade Act unlikely to reverse liner operators’ freight-fixing penalty

The South Korean government has taken steps to exempt the shipping industry from anti-trust regulations, after the Korea Fair Trade Commission (KFTC) levied an...

International Chamber of Shipping unveils plans for zero emissions

The International Chamber of Shipping (ICS) has presented plans to the International Maritime Organization (IMO), detailing urgent measures which governments must take to help...

ZIM establishes new digital freight forwarding company

ZIM has announced the creation of its new subsidiary, Ship4wd, a digital freight forwarding platform offering an online, simple and reliable self-service end to...

Safeen Feeders acquires first vessel

Safeen Feeders, the feeder operator which Abu Dhabi Ports launched jointly with Singapore-based feeder operator Bengal Tiger Line in June 2020, has bought its...

12.5% of the global capacity now unavailable, possible decongestion in late 2022

Sea-Intelligence has published a report to gauge the impact that congestion and vessel delays have had on the global deployed liner capacity, showing that...

Coca-Cola charters bulk carriers as container conundrum continues

Following the lead of various other global brands, Coca-Cola recently announced chartering of bulk carriers for transportation of raw materials, amid the persistence of...

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Maersk-operated ship knocks down Baltimore bridge

The Singapore-flagged container vessel Dali, which is chartered by the Danish shipping giant Maersk, crushed into a road bridge in Baltimore, US. The Francis Scott...

Carriers playing catch-up to further tilt supply-demand imbalance

Ocean Network Express (ONE) announced an aggressive midterm plan on 19 March to grow its operated fleet to 3 million TEUs by 2030, representing...

CMA CGM updates rates from Asia to North Europe

CMA CGM has announced new Freight All Kinds (FAK) rates effective from 1 April 2024 (loading date) until further notice. These updated FAK rates are...

CMA CGM teams up with new Saudi line to enhance Red Sea service

French ocean carrier CMA CGM is partnering with Folk Maritime, a new independent feeder and short-sea shipping operator in Saudi Arabia, to commence the...

Maersk relaunches Transpacific service

Maersk aims to improve its Asia - US East Coast service network by restarting the TP20 service. As of mid-April, the Danish shipping company will...