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Alfa Laval completes acquisition to bring fluidic air lubrication technology benefits to vessel owners

Alfa Laval completed the acquisition of Marine Performance Systems B.V., a Rotterdam-based maritime technology company that has developed the first fluidic air lubrication system...

Container lines hold onto India-US trade GRIs despite little success signals

Container lines seem to be firm on going ahead with a mild rate restoration programme for shipments from India to the United States and...

CMA CGM applies new port congestion surcharge in Mersin

CMA CGM has announced a new Port Congestion Surcharge (PCS) from the port of Mersin to several destinations worldwide due to current delays in...

Hapag-Lloyd increases freight rates from Asia to Latin America

Hapag-Lloyd announced a new General Rate Increase (GRI) from Asia to the West Coast of Latin America, Mexico, Caribbean and Central America. The German carrier...

Drewry’s World Container Index knocks January 2020 levels, but will the spring leave the winter far behind?

The Drewry’s World Container Index (WCI) dipped to US$1,791 on 16 March 2023, recording its 50th week of dips over the last year. The rates have...

Hapag-Lloyd increases rates from Middle East to US

Hapag-Lloyd announces a new general rate increase (GRI) / General Rate Adjustment (GRA) from the Middle East to the United States for cargo transported...

Container xChange sees warehouses overflowing and possible rebound in box rates in March

Hamburg-based Container xChange, an online platform for container logistics, has released its container market forecast for March. While most industry participants anticipate a rebound in...

Foreign operator for Chittagong port’s New Mooring terminal

The Chittagong Port Authority (CPA) is now set to lease out another big container terminal to foreign operators to bring in competition among the...

Ports America to invest in Gulfport terminal

The Mississippi State Port Authority has entered into a long-term lease and operating agreement with Ports America, the US largest terminal operator and stevedore. The...

UK Government gives green light to Thames Freeport to commence operations

Following the UK Government's approval of the final business case, the Thames Freeport has been granted the green light to officially establish its board...

Container volumes fall at port of Melbourne

Total container volumes at the port of Melbourne fell by 18.4% year-on-year in February, reaching a total of 219,606 TEUs. According to the Australian port's...

European giant box ports collaborate with Routescanner

Ports of Antwerp-Bruges and Amsterdam are now offering Routescanner's Direct Connections on their websites. In particular, with Routescanner, a shipper or freight forwarder can find...

DP World adds inland container depot at India’s Hazira Port

DP World has opened a rail-linked container freight station (CFS) at India's Hazira Port, as the global marine terminal operator seeks to scale up...

Peel Ports launches Green Automotive Hub in Merseyside

Peel Ports Group has unveiled plans for a new nearly US$12 million Green Automotive Hub in Merseyside in North West England to support the...

Tanker catches fire off Portugal

The Maltese-flagged oil/chemical tanker Greta K suffered a fire outbreak on board and went adrift at approximately 15:30 (UTC) on 21 March, about 1.5...

Grimaldi, Minoan Lines and EKEV to acquire majority stake in Greek port

The joint venture established by the companies Grimaldi Euromed S.p.A., Minoan Lines S.A. and Investment Construction Commercial And Industrial S.A. (EKEV SA) signed an...

Valencia reaches 600,000 vehicles in last year, leading Spanish ports in vehicle traffic

Port Authority of Valencia (PAV) saw 600,000 vehicles in 2022, translating to an important 22% growth compared with the figures in the previous year. That...

Maersk’s new air freight service to connect Denmark with China

A.P. Moller - Maersk announced the inaugural flight of its new air freight service with scheduled flights between Billund, Denmark (BLL) and Hangzhou, China...

APM Terminals invests in Port Poti equipment

APM Terminals Poti's investment strategy will continue in 2023, proceeding with the modernisation of existing infrastructure and machinery at Georgia's biggest harbour, growing capacity,...

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

Downward trend for global fuel prices

Global bunker indices showed a downward trend during the 11th week of the year, according to Marine Bunker Exchange (MABUX). In particular, the 380 HSFO...
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

Alfa Laval completes acquisition to bring fluidic air lubrication technology benefits to vessel owners

Alfa Laval completed the acquisition of Marine Performance Systems B.V., a Rotterdam-based maritime technology company that has developed the first fluidic air lubrication system...

cargo-partner contributes to earthquake relief operations in Türkiye

Austrian logistics firm cargo-partner has taken active measures to assist local aid efforts as Türkiye continues to recover from the earthquakes that struck the...

Foreign operator for Chittagong port’s New Mooring terminal

The Chittagong Port Authority (CPA) is now set to lease out another big container terminal to foreign operators to bring in competition among the...

Ports America to invest in Gulfport terminal

The Mississippi State Port Authority has entered into a long-term lease and operating agreement with Ports America, the US largest terminal operator and stevedore. The...

WinGD to deliver methanol engines for COSCO boxships

WinGD, a sustainable energy systems provider, will deliver 10X92DF-M methanol-fueled engines for four 16,000 TEU container vessels being constructed at COSCO Shipping Heavy Industry...

ONE opens new office in Kenya

Ocean Network Express (ONE), a global container shipping company headquartered in Singapore, will launch a wholly-owned office in Kenya. The new Ocean Network Express Kenya...

Peel Ports launches Green Automotive Hub in Merseyside

Peel Ports Group has unveiled plans for a new nearly US$12 million Green Automotive Hub in Merseyside in North West England to support the...

Maersk and Shanghai International Port Group partner on green methanol bunkering project

A.P. Moller-Maersk signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on strategic collaboration for the Shanghai Port methanol maritime fuel...

Gebrüder Weiss inaugurates logistics terminal in Austria

Gebrüder Weiss opened a logistics terminal in the Kreckelmoos industrial estate in Reutte on March 22 in a location, specifically designed to meet the...

Container lines hold onto India-US trade GRIs despite little success signals

Container lines seem to be firm on going ahead with a mild rate restoration programme for shipments from India to the United States and...

Most Popular

Boxship hits pier in Taiwan’s port with drunk pilot on board

The 6,763 TEU container ship Hyundai Tokyo hit pier 77 of the port of Kaohsiung in Taiwan on Monday (20 March), causing damage to...

Stronger financial results, lower box volumes for OOCL in 2022

Orient Overseas (International) Limited, the parent company of Orient Overseas Container Line (OOCL) announced the full-year results for 2022, reporting revenue of US$19.82 billion. In...

Container movement to fall in 2023: Mizuho Bank

Mizuho Bank's industry research division predicts that demand for maritime container transport will fall in 2023 in a study on current supply and demand...

MSC enhaces KIWI service connecting Australia, New Zealand and Thailand

MSC announced the enhancement of its KIWI service which will connect Australia, New Zealand and Thailand on a weekly basis. The full rotation of the...

MSC upgrades ScanBaltic to US service

MSC introduced the expansion of its ScanBaltic to the United States service, which links the Northwest region and markets in the US. The new rotation...

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