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Maersk integrates West & Central Asia and Africa markets

A.P. Moller – Maersk has integrated West & Central Asia and Africa markets to form a new combined IMEA region. The Danish shipping company said...

Ocean carriers will use multiple tools to cut slot supply as huge new orderbook threatens overcapacity, says former chairman of Evergreen and Yang Ming

Container lines will counter excess capacity and slow demand growth by deploying multi-faceted strategies to reduce slot supply, according to the former chairman of...

Who fuels the price war?

Danish maritime data analysis firm Sea-Intelligence said that freight rates are primarily determined by changes in vessel utilisation, which in turn means that when...

Evergreen splashed out on containers again

Evergreen Marine Corporation has ordered 12,500 containers from Singamas Container Holdings for US$34.3 million, as the Taiwanese liner operator works towards expanding its business,...

ZIM withdraws China – Los Angeles loop

Israel's major container carrier ZIM will cancel its Transpacific ZIM eCommerce Xpress (ZEX) service, according to the latest DynaLiners report. ZEX service launched in July...

Traxens introduces new container tracker version

Traxens has unveiled the new third edition of the Traxens-Box 3, its permanent container tracker. The French logistics service provider noted that with the shift...

Korea Development Bank, Korea Ocean Business Corporation start HMM sale process

HMM's two largest stakeholders, Korea Development Bank (KDB), and Korea Ocean Business Corporation (KOBC), announced on 2 March that they will form an advisory...

2M split highlighted with Maersk idling more ships

Maersk Line continues to lose ground to MSC with the highest number of ships idled at the moment while MSC is still taking on...

Container lines’ schedule reliability dips slightly at start of 2023

Sea-Intelligence reported that while schedule reliability continued to increase for much of 2022, in January 2023 there has been a month-to-month decline of 3.8%,...

PIL launches intermodal services in South Korea

Pacific International Lines (PIL) has announced the launch of intermodal services in South Korea, with rail and truck services being available for cargo transportation...

“The global nature of trade will prevail,” MSC CEO Toft tells TPM23

MSC CEO Soren Toft gave an overview of the company's ongoing development, economic recovery expectations, and attempts to achieve sustainable shipping, speaking at this...

Spot rates for Shanghai container exports fall on all routes

Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai...

Latest Posts

BIMCO Shipping Number of the Week: China drives 6% drop in global coal shipments

“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China...

eCap marine to power with hydrogen solutions

Hamburg-based eCap Marine has secured two key contracts to deliver hydrogen propulsion systems for zero-emission vessels, marking a significant step forward in the company’s...

SANY launches its first solar power project in Zimbabwe

SANY Silicon Energy broke ground on a 10 MW solar plant for Runtu Mining Company, its inaugural venture in Zimbabwe and the first in...

India’s shipyards set sail to challenge China in the Indian Ocean

As China welds its two mammoth state-owned builders into a single leviathan, India is responding with a very different playbook: partnerships, policy nudges and...

Fight over new Santos terminal underscores competition among shipping lines

Ambiguous bidding criteria has delayed the auction to operate the new Tecon 10 mega-terminal in Brazil's Santos port, the largest in South America. Initially, Brazil's National...
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