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Hapag-Lloyd implements new rate increase from East Asia to North America

Hapag-Lloyd announced a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high...

ZIM quits Pacific Southwest lane again as ZEX service axed

ZIM will withdraw its eCommerce Xpress (ZEX) service, which was launched during the peak of the freight market in 2020, at the end of...

World Shipping Council defends vessel-sharing arrangements

The World Shipping Council (WSC) released a statement supporting the use of vessel-sharing arrangements (VSAs), which are being phased out under a new US...

Advisors appointed for HMM sale

Samsung Securities has been appointed to manage the sale of the South Korean government’s shares in HMM, while Samil PricewaterhouseCoopers and law firm Lee...

Hapag-Lloyd upgrades Oceania-North America service

Hapag-Lloyd announced an update on North America Westcoast - New Zealand - Australia (WSN) service. The German ocean carrier said the bi-weekly service rotation will...

Chinese shipbuilder delivers second MSC mega container ship

MSC has received the second vessel in a series of 24,116 TEU ultra-large container ships from China State Shipbuilding Corporation (CSCC). The Chinese shipbuilder said...

ZIM and Shell complete the first LNG bunkering under 10-year agreement

ZIM and Shell have announced the successful bunkering of the Hong Kong-flagged container vessel ZIM Sammy Ofer with liquefied natural gas (LNG) at Kingston...

PIL to integrate China barge service offering into new PIL Intermodal Service

PIL offers river barge service in China as part of its service options to clients who require effective transportation of their goods from ports...

CN analysis: Freight rates for Indian exports continue to cool ahead of carriers’ GRI attempts for US services

Container carriers serving Indian trades are seeing no letup in the erosion of export freight rates amid a slowdown in cargo volumes, according to...

Meratus introduces new smart container solution

Indonesian shipping company Meratus has unveiled a new container solution, called SMARCO-Smart Container, aiming to increase the efficiency and security in box transportation. Meratus said...

Container lines hold onto India-US trade GRIs despite little success signals

Container lines seem to be firm on going ahead with a mild rate restoration programme for shipments from India to the United States and...

Boxship hits pier in Taiwan’s port with drunk pilot on board

The 6,763 TEU container ship Hyundai Tokyo hit pier 77 of the port of Kaohsiung in Taiwan on Monday (20 March), causing damage to...

Latest Posts

ABS approves new floating turbine

American Bureau of Shipping (ABS) has granted an approval in principle (AIP) to Hanwha Ocean for its newly designed floating wind turbine platform. The concept,...

Bilbao Port Authority launches new train planning and tracking service

The Bilbao Port Authority has introduced a new telematic service within its e-puertobilbao platform, specifically designed to enhance train operations at the Port of...

Tariff deadline delay creates more market uncertainty

Continued uncertainty over the enforcement of US tariffs has unsettled the markets again as the Trump administration delays import duties until 1 August but...

How Cape of Good Hope rerouting is skyrocketing container loss risk

The 2024 data from the World Shipping Council and South African Maritime Safety Authority underscores a specific and growing operational risk for global shipping:...

Folk Maritime expands South Red Sea service

Folk Maritime Services Company has announced the enhancement of its South Red Sea Service, introducing a revised rotation aimed at boosting regional trade connectivity. The...
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