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PIL unveils sustainability report for 2023

Pacific International Lines (PIL) published the Environmental, Social, and Governance (ESG) report for 2023, underscoring a robust commitment to pioneering greener shipping solutions, enhancing...

Container ship fleet now at 30 million TEUs

Fuelled by the newbuilding boom during the Covid-19-induced peak, the world container ship fleet reached 30 million TEUs in September, according to a report...

Gemini partners top schedule reliability rankings

Danish maritime data analysis company Sea-Intelligence has examined schedule reliability data up to August 2024. In August 2024, global schedule reliability improved slightly by 0.7%...

Market Analysis: Container rates on trades out of India continue to soften amid weakening demand

Container freight rates on the main trades out of India have continued to cool in September as the pace of exports slowed, according to...

Ningbo-Zhoushan Port to develop new 2 million TEU terminal

Ningbo-Zhoushan Port plans to establish a new terminal with a capacity of 2 million TEUs in the Fodu zone of the Liuheng port area. According...

MSC orders ten LNG/dual fuel ULCVs from Chinese shipyard

The world's largest container shipping company MSC has signed a letter of intent (LOI) for ten LNG/dual fuel ships of 21,000 TEU capacity with...

MSC establishes new container terminal at Port of Aarhus

Denmark's Port of Aarhus has signed an agreement with MSC for the lease of land, where the world's largest container shipping company will establish...

Ports preparing for USEC strike, carriers introducing surcharges

Less than five days remain before the ILA’s current contract expires and, most likely, a large-scale strike begins. The ILA and USMX have not met...

HMM purchasing five container vessels from Capital Group

South Korea’s flagship carrier HMM is in the process of buying five 5,000 TEU ships that it had been chartering from Capital Clean Energy...

Containers fall overboard FESCO boxship after accident in Nansha

Three containers from a FESCO boxship fell into the waters of the southern Chinese port of Nansha, after being hit by another ship. At the time of...

AD Ports builds new yard capacity to absorb vehicle surge at Autoterminal Khalifa Port

AD Ports Group recorded a 30% surge in vehicle volumes through Autoterminal Khalifa Port in the first half of the year. The company said it...

CMA CGM buys significant stake in Santos Brazil

French shipping group CMA CGM will acquire a 48% stake in Santos Brasil, a major Brazilian multi-terminal operator. The CMA CGM Group announced the signing...

Latest Posts

China’s Arctic ambitions are overhyped Harvard says: Potential Scenarios

A recent analysis by Harvard’s Belfer Center reveals that China’s Arctic presence is far less formidable than commonly portrayed, with inflated investment figures and...

Valenciaport joins Upcycling the Oceans, against marine debris

The Board of Directors of the Port Authority of Valencia has voted to enroll the ports of Valencia, Sagunto and Gandia in “Upcycling the...

Incheon looks to Indonesia to fill loss of US cargo

South Korea's Incheon port is courting container volumes from Indonesia to counter a drop in exports to the US amid the tariff war. ...

Maersk announces adjustments to three services

Maersk has announced a series of service enhancements to its Tango, Paraná River Express, and Conosur routes, set to take effect in July 2025. These...

Louis E. Sola departs FMC chairmanship after transformative tenure

Louis E. Sola concluded his service today as Chairman of the US Federal Maritime Commission (FMC), through an official statement. Appointed to the Commission in...
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