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New alliances debut with record schedule reliability levels

Sea-Intelligence has published its latest Global Liner Performance (GLP) report, whose extensive coverage spans 34 trade lanes and over 60 carriers, featuring schedule reliability...

CMA CGM and ABB partner on new parametric roll solution

CMA CGM has launched a new collaboration with technology solution provider ABB on a new parametric roll algorithm to improve ship safety. The solution integrates...

Shippers turning to futures and longer-term contracts to manage risks

Daily turnover of Asia-North Europe (EC) container freight futures traded on the Shanghai Futures Exchange has reached US$1.5 billion. Speakers at the “Navigating the Volatility...

COSCO doubles profits in 2024

COSCO SHIPPING Holdings reported a doubling of annual profits, achieving an operating revenue of RMB 233.86 billion (US$32.3 billion) in 2024, representing a 33.3%...

Nhava Sheva Port launches US$500M road project to ease congestion

Indian shippers and supply chain stakeholders at Nhava Sheva Port (JNPA) could see significant relief from landside congestion as the port has won government...

MSC vessel loses containers in rough seas off Portugal

The MSC-operated container ship MSC Houston V lost 15 boxes in the Atlantic Ocean off the coast of Portugal on 20 March after encountering...

Gaza escalation raises risks of further disruptions in Red Sea

The ceasefire between Israel and Hamas ended on March 18, with Israel resuming military operations in the Gaza Strip. This development heightens concerns regarding...

Major container lines report over US$27 billion in 2024 earnings

The major shipping lines that have reported and published their financial figures for 2024 have recorded combined full-year earnings before interest and taxes (EBIT)...

Bengal Tiger Line expands services to the Mediterranean

Singapore-based ocean carrier Bengal Tiger Line (BTL) has broadened its operational reach to the Mediterranean by introducing a new service route connecting Turkey, the...

BIMCO: US port fees to hurt US trade more than curb China’s dominance

Charging fees on China-linked vessels calling at US ports will significantly increase the cost of seaborne transport to and from the United States –...

HMM, Wan Hai and ZIM among stellar performers of 2024

HMM, Wan Hai Lines and ZIM Line were the best-performing liner operators in 2024, which was the third best year for the industry, with...

Plastic pellet pollution detected in North Sea

Following the collision in the North Sea between the container ship Solong and the tanker Stena Immaculate, industrial plastic pellet pollution has been detected...

Latest Posts

Maersk takes legal action against Brazil’s rules on bidding for major Santos Port terminal

Maersk is taking legal and strategic action to challenge Brazil’s bidding restrictions for a massive new container terminal at Latin America’s largest port, the...

Econowind installs wind propulsion system on Uni-Tankers

Econowind has successfully installed four VentoFoils on the chemical tanker, operated by Danish shipping company Uni-Tankers. The ATEX-certified suction wing units were installed in just...

Stable demand outlook despite US trade policies: BIMCO’s Container Shipping Market Overview & Outlook June 2025

“We forecast a stable demand outlook for the container shipping sector in line with our previous report despite the uncertainties introduced by new US...

Yang Ming executive: Tariffs and Mid-East conflict to shape demand

Yang Ming's commercial chief Kevin Lee said at a marketing conference that US tariffs and Middle East tensions will affect demand for container shipping...

US considers easing Iran Sanctions, shipping industry eyes return in the Red Sea

A potential US pivot on Iranian oil sanctions could reshape shipping dynamics in the Red Sea, Strait of Hormuz, and beyond offering relief for...
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