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Maersk expects Q1 improvement in spite of Covid-19

Maersk Line believes it will improve on its first quarter 2019 performance this year even in the face of the severe downturn currently being...

Demand a concern as supply undergoes rapid recovery

Freight rates on the world’s two biggest routes, the Pacific and Asia/Europe trades, are on their way up as China’s manufacturing sector returns with...

CIMC IT secures tracking contract with Danes

Danish IT provider Globe Tracker is to provide tracking and monitoring services for reefer shippers under a new deal the company reached with Chinese...

Container movements normalising in China

The China Container Industry Association (CCIA) has said that the recovery of container movements in China is progressing rapidly. In a survey report released on...

MSC in discussions with UAE FTA over MSC Joanna legal action

Swiss-based liner operator MSC has said it is in talks with the United Arab Emirates’ (UAE) Federal Transport Authority (FTA) following the arrest of...

Yangzijiang confirms Tiger Group’s order for 14,000TEU ships

Yangzijiang Shipbuilding has confirmed a much talked-about order from Tiger Group Investments for up to ten 14,000TEU container ships. China's largest non-state-owned shipbuilder said in...

Lines challenge Aussie port restrictions

Shipping Australia has criticised port authorities imposing a 14-day ban on vessels calling at Aussie ports, to protect against Covid-19, saying the ban puts...

ASYAD Group integrates its major shipping firm and shipyard

ASYAD Group has announced the integration of Oman Shipping Company (OSC) and Oman Drydock Company (ODC). The OSC has a fleet of 50 ships including...

Two trillion-dollar cost for Coronavirus says UNCTAD

China’s National Bureau of statistics reported a 13.5% year-on-year decline in industrial output in the first two months of 2020, the most substantial contraction...

Government pays to refloat troubled domestic carrier Antong

Antong Holdings, parent company of Chinese domestic operator Quanzhou Ansheng Shipping, will receive around US$8.4 million in government subsidies, after disclosing estimated losses of...

CMA CGM launches new JEDDEX service

CMA CGM Group has introduced its new JEDDEX service, connecting the Middle East with East Africa. The new service will be a relay service...

Miscarriage of HFO lands MSC vessel in hot water

The United Arab Emirates’ (UAE) Federal Transport Authority (FTA) has said it has forbidden the MSC Joanna to enter its ports for a year...
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Kuehne + Nagel and XPO Logistics agree for UK contract logistics portfolio

Kuehne + Nagel has entered into a definitive agreement to sell a major part of its United Kingdom contract logistics portfolio to XPO Logistics. The...

Lines race to reposition empties as China returns to work

The impact of the Covid-19 virus on the supply is waning fast according to Sea-Intelligence’s latest Spotlight newsletter, with the race now on to...

Inactive container ships at all-time high

The number of unemployed container ships is now at an all-time high, due to the COVID-19 outbreak and the delay in scrubber installations at...

Operations at key Shanghai port back to pre-COVID-19 levels

Throughput at Shanghai's Yangshan Deepwater Port, China's single largest container processing facility, is nearing pre-COVID-19 levels. Yangshan Port said that in the last week, it...

Billions in Lost Trade: The True Cost of the Coronavirus

Just like plumbing, the flow of trade has a network of routes that resemble pipes to move commodities, tankers, cargo and containers around the...