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Tuesday, June 18, 2024

MSC connects the Mediterranean with US through revised service

MSC will revise its former standalone Türkiye/West Med to the United States service. Renamed EMUSA, the new set up will connect Mediterranean and US...

Container volumes slip at Port of Montreal in May

Container volumes dipped from May 2023 levels at the Port of Montreal, according to the latest results of the Canadian port. Container traffic at the...

Crew of Houthi-hit Ukrainian ship evacuated as assaults on vessels intensify

Verbena, the general cargo ship that caught fire after being hit by two Houthi missiles on 13 June, has been abandoned by its crew...

Hapag-Lloyd announces updates on India Ocean Service

German container line Hapag-Lloyd has decided to change the port rotation of its Indian Ocean Service (IOS). The Hamburg-based ocean carrier's service will now have...

CMA CGM launches new Singapore-China-Sri Lanka service

CMA CGM has announced the launch of the India East Coast Express (IEX 2) service, which will connect Asia to Southeast India and Sri...

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Spot rate growth slows but ocean container shipping market will remain extremely challenging

Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data...

CMA CGM updates Asia peak season surcharges

The French carrier, CMA CGM Group, has announced an updated Peak Season Surcharge effective from 20 June 2024, until further notice. The surcharge applies to...

CMA CGM announces FAK rates from North Europe to Northwest India

CMA CGM, the French carrier, has announced that Freight All Kinds (FAK) rates will be effective from 1 July (based on the loading date...

CMA CGM updates freight rates worldwide

CMA CGM, the French carrier, has announced Freight All Kinds (FAK) rates effective from 1 July 2024, for shipments originating from North Europe, West...

European container lines introduce Asia surcharges

Two major container shipping lines, Hapag-Lloyd and CMA CGM, have announced new Peak Season Surcharges for shipments originating from Asia. German ocean carrier Hapag-Lloyd revealed...

CMA CGM applies new PSS from Asia to La Reunion

CMA CGM announced the implementation of a new Peak Season Surcharge (PSS), which will be effective from 1 June 2024 (loading date). This surcharge applies...

Sweden-Belgium Green Shipping Corridor project enhanced with new partner

Port of Gothenburg, North Sea Port, and the Danish international shipping and logistics company DFDS have welcomed the Port of Antwerp-Bruges to the Green...

Container volumes slip at Port of Montreal in May

Container volumes dipped from May 2023 levels at the Port of Montreal, according to the latest results of the Canadian port. Container traffic at the...

Oil spill in Singapore after dredger hits bunker tanker

Singapore's port authorities are racing to clear up a serious oil slick after a Van Oord dredger hit a bunker tanker near Pasir Panjang...

Port NOLA reports box volume record

Last month, the Port of New Orleans (Port NOLA) reported record container growth, handling a total of 133,845 TEUs during the third quarter of...

Port of Antwerp-Bruges achieves fourth ISO 50001 certification

For the fourth consecutive time, the Port Authority has attained ISO 50001 certification for its sustainable energy strategy. Zeebrugge has now joined Antwerp as part...

Zeevonk II to install electrolyser at Port of Rotterdam for green hydrogen

Zeevonk II, the winner of the IJmuiden Ver wind park tender for plot Beta, plans to build an electrolyser on the Maasvlakte to convert...

Vestas chooses Maersk for turbine powertrain transport

Danish renewable energy company Vestas has launched a new project with its compatriot shipping giant Maersk. Vestas has awarded Maersk a contract for transporting...

MacGregor wins major crane contract from MMA offshore

MacGregor, a part of Cargotec, has secured a significant order for its 50-tonne active heave compensated (AHC) crane, which will be installed on the...

Peak in China’s coal demand in sight as renewables jump 12%

Between January and April 2024, China’s electricity generation from renewables surged 12% y/y, significantly outpacing the 6% growth in generation from fossil fuels. "While steam...

Tanker stalls after being hit by Houthi missile

An oil tanker temporarily lost propulsion after it was hit by a Houthi missile on 18 May. The US Central Command said that at 1...

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...

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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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U.S. container imports to surpass 2 million TEUs for next 7 months

The Global Port Tracker report, released jointly by the National Retail Federation (NRF) and Hackett Associates, forecasts that monthly inbound cargo volumes at U.S....

Pier owner seeks to arrest MSC boxship after near-miss

An arrest warrant has been issued against one of Mediterranean Shipping Company's ships, MSC Michigan VII, after Charleston port officials accused the vessel of...

Asia-Europe spot rates could surpass US$20,000 per FFE

Spot rates have continued to soar this week, causing significant concern among shippers about how high these rates might climb. However, the reality is that...

OOCL celebrates maiden voyage of two new mega vessels

Orient Overseas Container Line (OOCL) is celebrating the maiden voyage of its latest two 24,188 TEU mega vessels, "OOCL Finland" and "OOCL Sweden." With these...

Another MSC ship hit by Houthi missile

Houthi rebels have attacked another of Mediterranean Shipping Company’s boxships. The UK Maritime Trade Operations stated that after the missile assault on 8 June, fires broke out...

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,...

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OrbitMI guides navigation through complex digital landscape for sound tech adoption

The maritime software market is teeming with numerous vendors offering a wide array of technologies aimed at achieving data-driven operational efficiencies. These efficiencies are crucial...

Navigating the Changing Tides of the Container Shipping Industry in East Asia

As East Asia's container shipping industry sails into uncharted waters, it faces a shifting tide of customer demand reshaping the very foundations of maritime...

Spot rate growth slows but ocean container shipping market will remain extremely challenging

Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data...

Sweden-Belgium Green Shipping Corridor project enhanced with new partner

Port of Gothenburg, North Sea Port, and the Danish international shipping and logistics company DFDS have welcomed the Port of Antwerp-Bruges to the Green...

Containers lost at sea at record low levels

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing a significant decrease to 221 boxes lost in...

MSC connects the Mediterranean with US through revised service

MSC will revise its former standalone Türkiye/West Med to the United States service. Renamed EMUSA, the new set up will connect Mediterranean and US...

Container volumes slip at Port of Montreal in May

Container volumes dipped from May 2023 levels at the Port of Montreal, according to the latest results of the Canadian port. Container traffic at the...

GAC Group expands presence in New Zealand with Quadrant Pacific acquisition

GAC Group, a provider of shipping, logistics, and marine services in the Asia-Pacific market, has finalized an agreement to acquire Quadrant Pacific's agency business...

Crew of Houthi-hit Ukrainian ship evacuated as assaults on vessels intensify

Verbena, the general cargo ship that caught fire after being hit by two Houthi missiles on 13 June, has been abandoned by its crew...

Hapag-Lloyd announces updates on India Ocean Service

German container line Hapag-Lloyd has decided to change the port rotation of its Indian Ocean Service (IOS). The Hamburg-based ocean carrier's service will now have...

MABUX bunker indices surge

In Week 24, the MABUX global bunker indices experienced substantial growth across all segments. The 380 HSFO index increased by US$7.74 to US$544.49/MT. The VLSFO...
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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The software development lifecycle is a methodology that describes the various stages of it: from design to production and subsequent maintenance. There are several...