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World’s largest cargo ships in 2023

Container ships is an important part of commercial freight transport and thus of the shipping industry, as they now carry the vast majority of...

Asia container exports to US plunge in December

Japan International Freight Forwarders Association (JIFFA) reported that container exports from 10 major Asian countries and regions to the United States fell by 23.2%...

CMA CGM deploys 15,000 TEU boxships on Asia-Latin America service

CMA CGM Group announced that its 15,000 TEU ship CMA CGM Argentina called the Honmoku D4 terminal in Yokohama on 15 January becoming the...

Nine in 10 major ports exposed to climatic and geophysical risks: University of Oxford research

New study from the University of Oxford’s Environmental Change Institute (ECI) shows that 86% of all ports worldwide are exposed to more than three...

Lars Jensen: Container market set to be “drastically different” in 2023

The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January. Their opinion is that in 2023, container...

2M Alliance revises Transatlantic network

The largest container alliance in the world 2M Alliance, comprising Maersk and MSC, decided to make changes to its Transatlantic network. The alterations in 2M's...

Containers fall into Mundra waters after feeder capsizes

According to the Indian broker, Prevailing Shipping & Logistics India, at least 20 containers have fallen into the water from the 1999-built, Pana-flagged boxship Sea...

MSC container vessel blocks major Italian box port

The 8,562 TEU container ship MSC Elaine went out of control at Gioia Tauro harbor and ran onto the southern breakwater tip. The 339-metre-long...

Cargo ship sinks in strong winds in Taiwan, four crew members missing

Four of five seafarers on a general cargo ship carrying containers are feared dead after going missing when the vessel sank on 3 January. In...

Box vessel tilts at India’s Mundra Port due to stability problems

A container vessel lost stability while unloading cargo at India’s Mundra Port over the weekend, briefly disrupting normal operations. The Panama-flagged, 1999-built  arrived at Mundra...

Maersk-operated ship stalls off Vancouver

A post-panamax ship operated by Maersk Line, the 7,849 TEU GSL Eleni, has been docked at Ogden Point, Canada, after losing its steering functions...

Container spot rates end 43-week falling streak

The Drewry’s World Container Index finally shot green in its first-ever quote for 2023, ending at US$2,135, recording an appreciation of 0.7%, after having...

Latest Posts

Vuxx Shipping launches Brazil–Russia Baltic service

According to DynaLiners, Russian shipping company Vuxx Shipping has entered the Brazil–Russia trade lane with the launch of a new fortnightly service connecting key...

Momentum Logistics boosts last-mile fleet

Momentum Logistics, a key player in regional logistics and a subsidiary of Gulftainer, has added 17 new MAN TGX trucks to its fleet, reinforcing...

MSC declines to settle damages sought for vessel sinking off India coast

MSC has expressed its inability to comply with an Indian court order seeking over US$ 1 billion in damages towards the environmental and economic...

Trump imposes 35% tariff on Canada

U.S. President Donald Trump escalated his trade offensive on Thursday, announcing a sharp increase in tariffs on Canadian imports and hinting at sweeping duties...

CMA CGM to drop Charleston from Indamex Service

CMA CGM has announced that it will remove the Port of Charleston from its Indamex service connecting the Indian Subcontinent to the US East...
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