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Saturday, November 27, 2021

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Sea-Intelligence sees no correlation between reliability and freight rates

The Danish provider of research & analysis, data and advisory services within the global supply chain industry, Sea-Intelligence has conducted a survey to see...

Rate reduction could take 18-30 months, reports Sea-Intelligence

The Danish provider of research & analysis, data and advisory services within the global supply chain industry, Sea-Intelligence has analysed the composite China Containerized...

“Congestion is not just for Christmas,” says Global Shippers Forum

The wave of congestion that is sweeping through global supply chains delaying deliveries of seasonal goods and essential commodities, stranding many shippers between meeting...

Chittagong depots owners, users at loggerheads over charge hike

The shipping agents, apparel exporters, and off dock owners are now at loggerheads over the increase of overall charges of the off docks in...

Drewry’s World Container Index remains steady

Drewry’s composite World Container Index (WCI) remained steady at US$9,192.50 per 40ft container this week, but it is still 250% higher than a year...

Washington United Terminals latest to join “dwell fee” party amid USWC record congestion

Washington United Terminals (WUT) has announced the introduction of a "long stay rehandling" fee, effective from 15 November, for all local import units that...

Port of Tokyo handles more than 2.15 million TEU in eight months

The Port of Tokyo has processed 2,151,234 TEU during the first eight months of 2021, which translates to around 5% increase from the corresponding...

First boxship arrives at Port of Montreal directly from China

The Port of Montreal has received for the first time in history a container ship straight from China, without cargo transhipment in the Mediterranean. Chartered...

Antwerp’s box terminals to be enhanced with 34 Kalmar staddle carriers

The Finnish cargo handling equipment manufacturer Kalmar has signed an agreement with MSC PSA European Terminal (MPET) and PSA Antwerp to supply their terminals...

Yangpu International Container Terminal exceeds 1 million TEU in 2021

On 14 November, COSCO-owned Yangpu International Container Terminal exceeded 1 million TEU since the start of the year for the first time after its...

Brittany Ferries launches freight service linking France with Ireland

Brittany Ferries has launched a new freight service in Le Havre, linking Normandy and the town of Rosslare in Ireland. Underpinned by the reorganisation of...

Hapag-Lloyd adds JAXPORT in its AL3 service

Hapag-Lloyd’s 7,000TEU Hudson Express has made its inaugural call to the Jacksonville Port Authority (JAXPORT) as part of the Atlantic Loop 3 (AL3) container...

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MABUX index downtrend continues

The Marine Bunker Exchange (MABUX) World Bunker Index has continued to drift lower on week 47, with index 380 HSFO decreasing to US$495.62/MT, the...
Who would have guessed that a collection of three-letter acronyms would have had such an impact on the development of international (and domestic) commercial...

LATEST NEWS

Whale-Safe certification to facilitate whale-ship collisions issue

While 7 out of 13 great whale species are on the trajectory to extinction given pervasive overfishing and being caught as ‘by-catch’, colliding with...

Japan – US box trade declines for first time after February

Container exports from Japan to the United States in October decreased by 1.9% over the same month of last year to 43,823TEU, which translates to...

CN Photo Project: The Picture of the Week

Container News wants to thank you all for your participation in the CN Photo Project. Among all the very beautiful photos we have received, the Container News team has...

Port of Tokyo handles more than 2.15 million TEU in eight months

The Port of Tokyo has processed 2,151,234 TEU during the first eight months of 2021, which translates to around 5% increase from the corresponding...

Konecranes and Cargotec disagree with CMA’s merger competition concerns

Konecranes and Cargotec have expressed their concerns about the Provisional Findings of the United Kingdom's Competition & Market Authority (CMA), about the announced merger...

Higher box prices forecast shadow over global economy’s recovery

The recovery of the global economy is threatened by high freight prices, which are likely to continue in the coming months, according to UNCTAD's...

2M Alliance stops calling Felixstowe on AE7/Condor service

The world's largest container shipping alliance, 2M Alliance has announced the removal of the Port of Felixstowe from its AE7/Condor service's rotation until March...

Samskip begins biofuel trial

The short sea operator Samskip is continuing its investments toward greener shipping by testing the bunkering of the 800TEU Samskip Innovator with biofuel, after...

First boxship arrives at Port of Montreal directly from China

The Port of Montreal has received for the first time in history a container ship straight from China, without cargo transhipment in the Mediterranean. Chartered...

Antwerp’s box terminals to be enhanced with 34 Kalmar staddle carriers

The Finnish cargo handling equipment manufacturer Kalmar has signed an agreement with MSC PSA European Terminal (MPET) and PSA Antwerp to supply their terminals...

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CMA CGM reschedules services to avoid congestion

CMA CGM has published the revision of a couple of its services with port call removals, as an effort to confront the global port...

CMA CGM achieves massive US$5.6 billion profits

CMA CGM Group has reported an astonishing surge in its profits during the third quarter of the year, reporting US$5.6 billion, while last year...

Top 10: Ship owning nations in the world

November 2021 total fleet values in the following Top 10 Ship Owning Nations list include the following vessel types: Bulker, Tanker, Container, Reefer, Small...

Zinus agrees with Maersk for fixed-rate stable container supply in 2022

The world's largest container line Maersk will provide Zinus with a stable supply of containers at a fixed price in the next year, allowing...

Ever Given resumes service after 40-day facelift

Ever Given, which ran aground in the Suez Canal on 23 March, completed 40-day maintenance and repair in Qingdao Beihai Shipbuilding Heavy Industry on...

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