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Spot rates hit unprecedented highs from Asia to Europe

Spiking freight rates have surged by 25% on the Asia to North Europe and the Mediterranean over the last week and now stand at...

Antwerp accelerates inland shipping automation with 3D sonar sensors

Researchers of CoSys-Lab, a research group in the University of Antwerp's Faculty of Applied Engineering, have developed a 3D sonar sensor with 32 sophisticated...

Shippers accuse lines of failing exporters and consider legal redress

Shippers in Europe are going out of business as erratic deliveries of cargo containers leaves production lines stranded and European exporters, like their US...

PIL fire sale continues with feeder pair

PIL has sold two more ships, as the troubled Singaporean liner operator continues its asset sales to bolster its balance sheet. One of the ships,...

NBOSCO to be listed on Shanghai Stock Exchange

Ningbo Port Group is divesting its feeder operating subsidiary, Ningbo Ocean Shipping Company (NBOSCO), through a separate listing on the Shanghai Stock Exchange. Following a...

Yang Ming expands its European presence

Yang Ming Marine Transport Corporation has set up a new subsidiary with NAXCO Group in France, named Yang Ming (France) S.A.S, which was launched...

Evergreen ship suffers stack collapse

Evergreen Marine Corporation has confirmed that its 2014-built 9,466TEU ship Ever Liberal, has suffered a stack collapse while en route from Busan, South Korea,...

Unaccompanied freight takes lead at Tilbury

Forth Ports Group has reported a 20% increase in unaccompanied freight volumes operating between its new terminal, Tilbury2, and Zeebrugge, following the addition of a P&O Ferries freight...

Rates soar again as equipment shortages take hold

Spot freight rates out of Asia saw steep and seemingly unfettered increases crashing through the US$4,000/FEU mark on the Pacific and skyrocketing to more...

Seoul wants more North Europe and SE. Asia capacity

South Korea's Ministry of Oceans and Fisheries announced on 30 December that it has asked local liner operators to deploy more ships to North...

Container shipping on the Pacific ‘slides’ into New Year with new challenges

Ocean Network Express (ONE) brings some welcome news with the first signs that the challenges faced by logisticians are being overcome with eh announcement...

Updated: Evergreen splashes out on new equipment

Evergreen Marine Corporation is spending US$323 million on new containers and terminal equipment to accommodate its new larger vessels and its move to a...
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Singaporean state investment firm Temasek mum on PIL bailout

The Singapore government’s investment company Temasek Holdings is remaining tight-lipped on market talk that it may take a stake in embattled liner operator Pacific...

Chinese shipyards win giant container ship order

Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...

MSC Rosa M damages Mumbai crane

The 14,000TEU MSC Rosa M has hit and seriously damaged a crane at the DP World terminal in Nhava Sheva, NSIGT in Mumbai, while...

Taking the personal view for crew working on container shipping

Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...

High speed and compromised manoeuvring caused Milano Bridge accident

The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...