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Saturday, May 18, 2024

MSC increases rates for shipments to Valencia and Antwerp

Swiss/Italian container carrier MSC has announced new Freight All Kinds (FAK) rates for shipments to Europe, effective from 1 June until further notice but not...

Hapag-Lloyd announces peak season surcharges for shipments to North America

Hamburg-based box line Hapag-Lloyd has announced new peak season surcharges for shipments destined for North American ports. The German company will apply a new peak...

CFL multimodal and ista Luxembourg ink long-term deal

CFL multimodal, through its subsidiary CFL logistics, and ista Luxembourg S.à r.l have signed a long-term agreement, under which the logistics expert will provide...

MSC launches new weekly North Peru Feeder service

MSC has announced the “North Peru Feeder”, a new dedicated feeder service from Salaverry and Paita in Peru to provide increased port connections and...

Port of Hamburg nears 2 million TEUs in 2024 Q1

Port of Hamburg handled 1.9 million TEUs in the first quarter of 2024, representing a slight 1.1% growth compared to the same period last...

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MSC increases rates for shipments to Valencia and Antwerp

Swiss/Italian container carrier MSC has announced new Freight All Kinds (FAK) rates for shipments to Europe, effective from 1 June until further notice but not...

Hapag-Lloyd announces peak season surcharges for shipments to North America

Hamburg-based box line Hapag-Lloyd has announced new peak season surcharges for shipments destined for North American ports. The German company will apply a new peak...

European liner operators apply new surcharges from Asia to Africa

Three of the major ocean carriers have announced new peak season surcharges (PSS) for shipments from Asia to several ports in Africa. First of all,...

Hapag-Lloyd increases rates from India and Pakistan

German container carrier Hapag-Lloyd has announced new rates from India and Pakistan to several destinations worldwide. In particular, the Hamburg-based box line will increase its...

Market panic triggers sharp rate surge

According to the latest analysis of the shipping consultancy Linerlytica, the market panic over tightening vessel space availability has sent the Shanghai Containerized Freight...

CMA CGM introduces new peak season surcharges from China to Africa

Marseille-based box line CMA CGM will apply new peak season surcharges in the next few days for shipments from China to African destinations. CMA CGM...

Container dwell times improve at San Pedro Bay ports

Average dwell time for containers moving through the San Pedro Bay’s Ports of Los Angeles and Long Beach improved during April 2024, as dwell...

Port of Hamburg nears 2 million TEUs in 2024 Q1

Port of Hamburg handled 1.9 million TEUs in the first quarter of 2024, representing a slight 1.1% growth compared to the same period last...

PACECO and MITSUI debut first hydrogen fuel cell RTG crane at Port of Los Angeles

PACECO Corp., a container handling machinery company, announced the commencement of commercial operations of the world’s first hydrogen fuel cell powered rubber-tired gantry (RTG)...

Port of Greenock boosts reefer cargo capabilities through major investment

United Kingdom's Port of Greenock will increase its reefer points from 32 to 220 with a significant investment of £750,000 (around US$950,000). This upgrade to...

Port of Portland continues container services thanks to state financial support

Port of Portland will continue providing container shipping services at Terminal 6, keeping Oregon’s only international container terminal open. The decision follows Oregon Gov. Tina...

Los Angeles port receives record US$58 million for harbor maintenance

The US Army Corps of Engineers has announced the Port of Los Angeles will receive an estimated million in federal funding this year for...

Stena Oil opens its new terminal in Denmark

Stena Oil's new terminal with a capacity of 75,000 cubic meters in Frederikshavn, Denmark was inaugurated on 14 May. Stena Oil, a global player in...

Maersk launches air freight gateway in Miami

Maersk expanded its air freight operations footprint with the April activation of a full-service, in-transit gateway solution in Miami, US. The Danish company said this...

Tanker sustains damage as Houthis intensify attacks

For the first time in over a month, a ship has suffered damage in a Houthi missile attack in the Red Sea, as the...

CMA CGM AIR CARGO set to expand with Transpacific route launch in summer

CMA CGM AIR CARGO is set to launch a transpacific route linking Asia to North America in the summer of 2024, signalling a significant...

EU tanker import tonne mile demand up 12% as ships avoid Red Sea area

“In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing...

Wallenius Wilhelmsen signs US$1 billion deal with premium car segment global player

The Norwegian/Swedish shipping company Wallenius Wilhelmsen recently signed a multi-year contract with a major firm in the premium car segment, valued at more than...

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We Asked AI

Unlocking Imagination: AI’s Take on Basketball-Laden Containers

Venturing into the vast playground of creativity ignited by Artificial Intelligence (AI), we embarked on an exhilarating mission to infuse a touch of whimsy...

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Red Sea crisis still leaves alliances short of ships, as newbuildings fully absorbed

The three container shipping alliances are still short of 36 ships, or 10% of the required tonnage, to entirely fulfill their 25 Asia –...

Hapag-Lloyd reports significant decline in Q1 financial results

German container shipping company Hapag-Lloyd concluded the first quarter of 2024 with revenues of US$4.6 billion and a Group EBITDA of US$942 million. Additionally, Hapag-Lloyd...

ONE launches new intra-Asia service

Singapore-based container line Ocean Network Express (ONE) has announced the launch of a new service, China-Vietnam-Thailand (CVT). The service, which will commence on 27 May,...

Red Sea crisis and port congestion drive blank sailing surge

Box lines are tradionally using blank sailings to manage supply in relation to demand, but during the pandemic, shipping lines were forced to blank...

Maersk tonnage shortage revitalises 2M alliance

Maersk and MSC have renewed their 2M relationship before it ended as the carriers began to operate joint services again following the initial unravelling...

CN Photo Project: The Picture of the Month

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...
Container transportation is now the most popular way of cargo movement and a critical pillar of the global economy, but back in the 1950s,...

LATEST NEWS

Bridging the Gap: Understanding Your Options for Immediate Financial Needs

When faced with an unexpected financial hurdle, such as a medical emergency, car repairs, or sudden unemployment, the need for immediate financial solutions becomes...

MSC increases rates for shipments to Valencia and Antwerp

Swiss/Italian container carrier MSC has announced new Freight All Kinds (FAK) rates for shipments to Europe, effective from 1 June until further notice but not...

Hapag-Lloyd announces peak season surcharges for shipments to North America

Hamburg-based box line Hapag-Lloyd has announced new peak season surcharges for shipments destined for North American ports. The German company will apply a new peak...

CFL multimodal and ista Luxembourg ink long-term deal

CFL multimodal, through its subsidiary CFL logistics, and ista Luxembourg S.à r.l have signed a long-term agreement, under which the logistics expert will provide...

MSC launches new weekly North Peru Feeder service

MSC has announced the “North Peru Feeder”, a new dedicated feeder service from Salaverry and Paita in Peru to provide increased port connections and...

Container dwell times improve at San Pedro Bay ports

Average dwell time for containers moving through the San Pedro Bay’s Ports of Los Angeles and Long Beach improved during April 2024, as dwell...

Port of Hamburg nears 2 million TEUs in 2024 Q1

Port of Hamburg handled 1.9 million TEUs in the first quarter of 2024, representing a slight 1.1% growth compared to the same period last...

Maersk reopens Baltimore bookings

Maersk has announced an update on its services to the Port of Baltimore, reopening bookings for direct loading and discharge on the upcoming voyages. The...

Training is the key for opening the door to women in shipping

Digitalisation and decarbonisation have altered shipping’s horizon and have offered a route for women to enter the industry, filling a growing skills gap and...

PACECO and MITSUI debut first hydrogen fuel cell RTG crane at Port of Los Angeles

PACECO Corp., a container handling machinery company, announced the commencement of commercial operations of the world’s first hydrogen fuel cell powered rubber-tired gantry (RTG)...

MABUX global bunker indices show stability

During the 18th week, the MABUX global bunker indices remained relatively stable, lacking a clear directional movement. The 380 HSFO index experienced a modest...
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...

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When faced with an unexpected financial hurdle, such as a medical emergency, car repairs, or sudden unemployment, the need for immediate financial solutions becomes...