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Demand pressure cuts into carriers’ rate push on Indian trades

Container carriers serving Indian trades appear somewhat wary about their ability to realize full recovery of new rate increases of a significant level amid...

CMA CGM to levy surcharges for overweight India-US shipments

French container line CMA CGM has implemented a hefty surcharge on overweight containerised shipments moving from India to the US and Canada. 20-foot standard containers...

CN freight rate analysis for Indian trades reflects easing trends

With the exception of intra-Asia trades, average container freight rates for all key trades out of India have either softened or seen no changes...

Shifl’s predictions show dramatic retreat in spot rates

According to early indications from SHIFEX, the freight rate index by the digital freight forwarding platform Shifl, box prices on the main Trans-Pacific trade...

Long-term freight rates for Australia and New Zealand imports hit record levels

The average of all long-term freight rates in Australia and New Zealand imports reached new highs in July, according to this week's update of...

Major box carriers to raise peak-season levy for India-US trades

After a brief gap that has seen some signs of freight rate softening and corrections, container lines actively operating on India-US trades are looking...

Aqaba Container Terminal launches 20-year decarbonisation plan

Aqaba Container Terminal (ACT), the gateway to the Levant region, has announced its decarbonisation strategy. Between 2020 and 2030, the terminal aims to reduce its...

New harbor commission president at Port of Long Beach sets goals for coming year

Sharon L. Weissman kicked off her term as harbor commission president at Port of Long Beach (POLB) by announcing an agenda of environmental, community...

GSBN expands Cargo Release rollout to Latin America

Global Shipping Business Network (GSBN) an independent, non-profit technology consortium building a blockchain-enabled operating system designed to redefine global trade, has achieved to expand...

Drewry reports changes to global port capacity forecast, presents leading terminal operators

Widespread container shipping trade recovery in the wake of the Covid-19 pandemic has boosted the global terminal capacity outlook, supported by global terminal operators’...

Port of Seattle cuts carbon emissions by 46%

The Port of Seattle in the United States has published its annual greenhouse gas emissions inventory, showing that it has reduced emissions from its...

Maersk launches first Rijeka-Czech Republic direct cargo rail service

A regular rail link between Rijeka, Croatia and Paskov, Czech Republic via the Adriatic Gate Container Terminal (AGCT) commenced for the first time, according...

MSC enters hospital business with Mediclinic takeover

MSC is a member of a consortium that is expected to buy hospital chain operator Mediclinic International. The Swiss/Italian container carrier, along with South African...

First Russian ship arrives in Bangladesh since start of Ukraine war

A Russian ship reached Bangladesh’s Mongla seaport carrying equipment for Ruppur nuclear power plant on 1 August. This is the first Russian ship that...

H-Line Shipping seafarers threaten strike

Seafarers from South Korean LNG and dry bulk shipping company, H-Line Shipping, are demanding better salaries and benefits. H-Line Shipping comprising the long-term LNG and...

Shell to build largest renewable hydrogen plant in Europe

Shell Nederland and Shell Overseas Investments, subsidiaries of Shell, will build Holland Hydrogen I, which is expected to be the largest renewable hydrogen plant...

Pacific Basin bulker moved to Port Botany after losing power

A bulk carrier owned by Hong Kong-based Pacific Basin has been towed to Port Botany this afternoon (6 July), after bad weather hindered earlier...

Offshore vessel snaps in two after Typhoon Chaba hits, 26 crewmen missing

Twenty-six crew members on a Chinese offshore wind installation vessel have been left dead or missing after a fourth crew member was rescued today...

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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...

Downward trend to continue in the global bunker market

“Over the Week 32, MABUX global bunker indices continued firm downtrend,” said Sergey Ivanov, director of Marine Bunker Exchange (MABUX). The 380 HSFO index went...
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

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...

FMC requests comments on benefits of issuing emergency order requiring information sharing

The US Federal Maritime Commission (FMC) is seeking public comment on whether supply chain congestion has created conditions that warrant the issuance of an...

Forto and Hapag-Lloyd collaborate to deliver biofuel alternatives

Through a new partnership with Hapag-Lloyd, technology company Forto has launched a biofuel programme for maritime transport customers seeking to make their transport greener. More...

Aqaba Container Terminal launches 20-year decarbonisation plan

Aqaba Container Terminal (ACT), the gateway to the Levant region, has announced its decarbonisation strategy. Between 2020 and 2030, the terminal aims to reduce its...

Top 10 Best Undergraduate Cybersecurity Programs

Demand for cyber protection professionals now exceeds supply. The USNC for Statistics shows that the number of new cybersecurity programs has increased by a third....

New harbor commission president at Port of Long Beach sets goals for coming year

Sharon L. Weissman kicked off her term as harbor commission president at Port of Long Beach (POLB) by announcing an agenda of environmental, community...

GSBN expands Cargo Release rollout to Latin America

Global Shipping Business Network (GSBN) an independent, non-profit technology consortium building a blockchain-enabled operating system designed to redefine global trade, has achieved to expand...

Euroseas first half net earnings surpass US$60 million

The Greek vessel owner Euroseas has announced total net revenues of US$93.9 million and a net income of US$60.7 million for the first half...

ZIM participates in series A financing in Hoopo

The Israeli container shipping company ZIM participated in the first round of venture capital financing in Hoopo Systems Ltd., a provider of cutting-edge tracking...

ONE adds Mombasa port call to MIM service

The Singaporean container line Ocean Network Express (ONE) has introduced a Mombasa (Kenya) port call to its MIM service. ONE said this additional call will...

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Felixstowe strike poses challenge to supply chains

Port workers at Felixstowe are set to strike for eight days from Sunday 21 August until Monday 29 August, after rejecting the latest pay...

Demand pressure cuts into carriers’ rate push on Indian trades

Container carriers serving Indian trades appear somewhat wary about their ability to realize full recovery of new rate increases of a significant level amid...

China yards dominate in boxship orders

Chinese shipyards hold the lion's share of container ship orders, with at least half of vessels under construction, followed by 34% for South Korean...

Surge in shipbuilding raises potential oversupply concerns

While some shipyards struggled to stay afloat during the initial outbreak of Covid-19, the post-pandemic environment is predicted to usher in an encouraging era...

Chittagong depots to raise charges by 42.5% amid diesel price hike

As the fuel oil price in Bangladesh saw a record hike on 5 August, the inland container depots in Chittagong have moved to raise...

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Demand for cyber protection professionals now exceeds supply. The USNC for Statistics shows that the number of new cybersecurity programs has increased by a third....