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India Outlook 2022: Freight rates, box prices continue to rise

Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and...

MSC announces new congestion surcharge from Scotland to Canada and Mexico

Mediterranean Shipping Company (MSC) will apply a congestion surcharge (CGS) for cargo from Scotland to Canada and Mexico due to the congestion in the...

California’s congestion leads billions of dollars worth of cargo waiting outside USWC ports racking up millions in interest

A report conducted by the provider of supply chain visibility platform for shippers and logistics firms, Project 44, has shown that the worth of...

MSC to push up Oceania – Europe rates

Mediterranean Shipping Company (MSC) has announced the implementation of new Freight All Kinds (FAK) rate increases that will be applied from Oceania to Europe. In...

Port congestion balloons box rates on South Korea – Russia trade

The Japan International Freight Forwarders Association has announced that in 2021, container trade between South Korea and Russia has been sharply increased, mainly driven...

Major freight indexes hit new record-highs on the last day of the year

Two major freight indexes, SCFI and NCFI, reached record-high figures on the last day of the previous year, which was marked by skyrocketing container freight...

Box volumes boost at Port Saint John in 2021

Port Saint John in Canada has reported a 10% increase in its annual container volumes with 86,949 TEU moved through the port in 2021. This...

Port of Felixstowe reports record container cargo handling

Hutchison Ports-operated Port of Felixstowe has handled the largest number of containers ever on a single ship in Europe, when the UK port's dockers...

Project44 reports slight relief in port congestion during December

The visibility platform company for the global supply chain, Project44 has conducted an investigation, indicating that dwell times for most ports have changed a...

Singapore remains the world’s busiest transshipment port

The Port of Singapore has remained the world’s busiest transshipment port in 2021, while it registered a record high in container traffic of 37.5...

PSA breaks container record with more than 90 million TEU in 2021

PSA International has achieved a record in its container throughput performance in 2021, handling 91.5 million TEU at its terminals around the world. The global...

Wan Hai to spend almost US$253 million to refurbish Kaohsiung terminal

Taiwanese liner operator Wan Hai Lines will spend nearly US$253 million on refurbishing the No. 5 Terminal in Kaohsiung after taking over the facility...

COSCO offers “special train” service to its compatriot Hisense Group

COSCO Shipping Group has announced that a special train for Hisense Home Appliances fully loaded with Hisense electrical products departed from Jimo Port Station...

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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...

Fuel prices upward trend continues

The Marine Bunker Exchange (MABUX) World Bunker Index has continued to grow steadily on the second week of the year, continuing the upward trend...
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

SCA boss says Suez Canal expansion will be completed in July next year

The chairman of the Suez Canal Authority (SCA), Osama Rabie, has confirmed that the expansion of the canal is expected to be completed in...

COSCO offers “special train” service to its compatriot Hisense Group

COSCO Shipping Group has announced that a special train for Hisense Home Appliances fully loaded with Hisense electrical products departed from Jimo Port Station...

Box volumes boost at Port Saint John in 2021

Port Saint John in Canada has reported a 10% increase in its annual container volumes with 86,949 TEU moved through the port in 2021. This...

Port of Felixstowe reports record container cargo handling

Hutchison Ports-operated Port of Felixstowe has handled the largest number of containers ever on a single ship in Europe, when the UK port's dockers...

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...

Project44 reports slight relief in port congestion during December

The visibility platform company for the global supply chain, Project44 has conducted an investigation, indicating that dwell times for most ports have changed a...

Singapore remains the world’s busiest transshipment port

The Port of Singapore has remained the world’s busiest transshipment port in 2021, while it registered a record high in container traffic of 37.5...

India Outlook 2022: Freight rates, box prices continue to rise

Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and...

Maersk’s strong 2021 fourth quarter rises full-year profit predictions

AP Moller - Maersk has reported revenue of US$18.5 billion, earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$8 billion and EBIT of...

PSA breaks container record with more than 90 million TEU in 2021

PSA International has achieved a record in its container throughput performance in 2021, handling 91.5 million TEU at its terminals around the world. The global...

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ONE’s Madrid Bridge lost at least 30 containers overboard

The 2018-built container ship Madrid Bridge, which suffered a container collapse on 7 January in the North Atlantic Ocean, has lost at least 30...

Global port congestion is getting worse, says Sea-Intelligence

Sea-Intelligence has analysed data from the November 2021 issue of the Global Liner Performance report to calculate how much vessel capacity was being effectively...

Maersk confirms methanol-powered vessels order at Hyundai Heavy Industries

A Maersk representative has confirmed to Container News that the Danish shipping company has declared its options with Hyundai Heavy Industries (HHI) for four...

ONE’s New Panamax vessel suffers container collapse in the North Atlantic

The 13,900 TEU container ship Madrid Bridge has suffered a container collapse in the North Atlantic Ocean on 7 January, according to the vessel...

Tianjin port tests all workers as partial lockdown imposed

Nearly 11,000 nucleic acid samples from port workers have been collected by Tianjin Port Group as a growing Covid-19 outbreak placed the port city...

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