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CMA CGM flags first boxship in India, boosting nation’s maritime push

India’s maritime ambitions are gaining new momentum as the country strategically positions itself to become a global shipping and logistics powerhouse. In a landmark development,...

Hapag-Lloyd reports strong Q1 growth amid market uncertainty, warns of softer full-year outlook

Hapag-Lloyd announced increased revenue and earnings in the first quarter, per the preliminary and unaudited report. In particular, the German ocean carrier reported a 17%...

COSCO SHIPPING Ports exceeds 35M TEUs, reports over US$380M in Q1 revenue

COSCO SHIPPING Ports has announced a total throughput of 35.75 million TEUs in the first quarter of 2025, translating to a 7.5% increase over...

KMTC-operated boxship and bulk carrier damaged in Vietnam collision

A feeder ship operated by Korea Marine Transport Company (KMTC) collided with a bulk carrier in Vietnam's Long Tau River, off Ho Chi Minh...

Wan Hai Chief: Transpacific Volumes Weak, Not Wiped Out

Amid the US-China tariff war, Wan Hai Lines’ General Manager Tommy Hsieh admitted that Transpacific volumes are far from ideal, as shippers have paused...

Trump’s market distortions will skew demolition market

Uncertainty and market defamation are the hallmarks of Donald Trump’s tariff and port fee policies, but with a growing over-capacity challenge, the distortion may...

CEVA Logistics to acquire Turkey’s Borusan Tedarik for US$440 million

CEVA Logistics, the logistics arm of French shipping giant CMA CGM, has signed a binding agreement to acquire 100% of Turkish logistics provider Borusan...

Pakistan halts trade and closes borders with India

Pakistan has suspended all trade with India and shut its airspace and land borders in response to sanctions imposed by New Delhi. The measures follow...

CMA CGM gains control of South America’s largest container terminal

CMA CGM Group has confirmed the closing of its acquisition of approximately 47.9% of Santos Brasil Participações S/A (Santos Brasil) from funds managed by...

Tariff war spurs surge in Transpacific blank sailings

The US tariff war continues to directly affect container shipping operations, as the number of cancelled sailings on the Transpacific trade increased drastically this...

Small parcel exports to be hit by Trump policies

Single shipments out of China will be one of the hardest hit industries as consolidation in containers for single parcels will no longer be...

ZIM and TS Lines withdraw Τranspacific routes

Israeli ocean carrier ZIM and Hong Kong-based regional carrier TS Lines have joined MSC and Premier Alliance in pulling Transpacific services, as container volumes...

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Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...

PIL christens new 8,200 TEU boxship

Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...

Singapore authorities away grounded container barge

Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
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