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Shipowners turn to trending online container markets amidst global shortage

With the pandemic-driven container shortage persisting for a long time now, the ship owners are now turning to new online markets for container shopping....

Containers continue to triumph

The container market continues to impress with record-breaking rates and ordering never seen before. Olivia Watkins, Head Cargo Analyst of VesselsValue, an online valuation and...

Wan Hai approves US$1 billion budget for more vessel acquisitions

Wan Hai Lines' chairman has authorised a US$1 billion budget for "asset acquisition and disposal", as the Taiwanese liner operator appears to prepare for...

Indian exporters feel the heat of container logjam

Foreign buyers have started cancelling the shipments boarding from India because the exporters are not able to avail any containers leading to consignments lying...

Bangladesh closes factories for 19 days disrupting shipment

Bangladesh’s merchandising industry is going through a 19 days operation suspension owing to Eid-ul-Azha festival and pandemic linked strict lockdown. From Tuesday, 20 July all...

Container congestion continues to devastate global supply chain

Global container congestion persists to wreak havoc on supply chain operations all around the globe. Global shipping has been facing erratic consumer demand, factory shutdown,...

Tight shipping capacity sees carriers skip Busan

South Korea's Ministry of Oceans and Fisheries said that liner operators have been omitting calls to Busan, reportedly because Chinese shippers are more willing...

Union Pacific confirms rail shipments suspension from US West Coast

The US rail company, Union Pacific has confirmed the suspension of rail shipments from the US West Coast, which starts today, on 18 July. In...

Top 10: The busiest container ports in the United States

Some of the largest and most crucial container gateways of the world are in the United States. The following list of the busiest container...

Ever Given forced to omit Hamburg port call

The most famous container ship in 2020, Ever Given has returned to its sailing towards European destinations, but it is forced to drop the...

Maersk reforms West & Central Asia ocean network

Maersk has decided to redesign its ocean network in West & Central Asia, which connects countries including India, Bangladesh, Sri Lanka, Pakistan, United Arab...

Evergreen to buy 6,000 new reefers

Evergreen Marine Corporation is reported to have ordered 6,000 new reefer containers from the Chinese manufacturers, Guangdong Fuwa Equipment Manufacturing (Fuwa), according to the...

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ANL adjusts KIX Service – Norfolk

ANL is adjusting the rotation of its KIX Service – Norfolk 136 due to recent weather conditions affecting terminal productivity. ...

RCL announces compliance with IMO sulfur cap

RCL will introduce a Low Sulphur Go Green Recovery to cover the additional costs associated with using a more expensive but cleaner fuel for...

MacGregor appoints new CEO

MacGregor has named Jonas Gustavsson as its new Chief Executive Officer, effective today. He steps into the role following the retirement of Leif Byström. Gustavsson...
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