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Box rates could deteriorate to pre-Covid levels in December

Further slides in the Shanghai Containerized Freight Index (SCFI) are continuing, and it is expected that in December, freight levels will be at pre-pandemic...

KDB sounds out potential buyers for HMM shares

Korea Development Bank (KDB) has identified Hyundai Motor, steel mill POSCO, logistics group LX Pantos and SM Line as potential buyers for its 20.69%...

Speculation builds around Maersk’s interest in Concor privatisation

Although officials at Maersk (India) remain tight-lipped, there are strong rumours that the Danish group is preparing itself to make a bid on Container...

CMA CGM revises peak season surcharge from Europe to US East Coast

French ocean carrier CMA CGM has decided to revise its peak season surcharge from Europe to the United States East Coast. In particular, from 22...

Νew IMO regulations to support container freight market recovery

The limited increase in ship supply driven by the new International Maritime Organization (IMO) regulations is expected to contribute to the recovery of the...

Japanese yard orders fall to six-year low as container freight slumps

The weakening container freight market has affected the fortunes of Japanese shipbuilders, which saw orders fall to a six-year low in October. Figures released by...

2M Alliance announces service changes on Transpacific network

The largest container shipping alliance, 2M Alliance has announced the temporal suspension of its TP23/Liberty service and the addition of the port of Charleston...

US woman’s corpse found in container in Taiwan’s Taichung port

A woman's corpse was found in a container in Taiwan’s Taichung port on 16 November. Due to a stench emanating from the container at berth...

Maersk opens specialised warehouse for electric car batteries in Europe

A.P. Moller - Maersk has established a new warehouse specialised in handling batteries for electric cars in the northern part of the Czech Republic. The...

Hapag-Lloyd to have new head in North America from 2023

Stuart Sandlin, who is currently Hapag-Lloyd's senior vice president (SVP) of sales for the United States, will replace Uffe Ostergaard as president of Hapag-Lloyd...

SeaLead announces new managing director for South Asia and Middle East

SeaLead has announced the appointment of Shiva Mahadevan as managing director, South Asia and Middle East, based in Mumbai, India and reporting to SeaLead...

Sea-Intelligence reports rapid ramp-up in Transpacific blank sailings

Sea Intelligence, with the help of the Blank Sailings Tracker, looked at how carriers are reacting to the collapse of demand, particularly for imports...

Latest Posts

AD Ports Group signs MoU with Critical Minerals Forum

AD Ports Group has signed a Memorandum of Understanding (MoU) with the Critical Minerals Forum (CMF) to build strategic cooperation focused on enhancing the...

U.S. container imports down 6.4% in May

According to a report from the Japan International Freight Forwarders Association (JIFFA), U.S. container imports fell 6.4% year-on-year in May, as major ports handled...

Chokepoints Under Fire: Maritime volatility surges in the Singapore Strait and Red Sea

As global trade struggles to find safe passage, the world’s most critical maritime arteries, the Singapore Strait and the Red Sea, are once again...

Clarion Shipping West Africa enters container shipping market

According to DynaLiners, a new Nigerian container shipping company, Clarion Shipping West Africa, has officially entered the market with the acquisition of a 350...

How Security Escort Services Protect High-Risk Freight on the Road

Moving a truck full of iPhones, cash, or pharmaceuticals down the highway? Congratulations, you've just painted a giant target on your cargo. Thieves know...
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