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Decline in spot freight rates accelerates, reports Shifl

Antonis Karamalegkos - 0
SHIFEX, a container spot freight rate index, shows that freight rates for 40’ containers moving from China to the port of Los Angeles fell...
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Industry Opinions

What’s happening in the container market?

Container News Team - 0
Following a period of historically high freight rates, the container sector is now experiencing a correction. The container freight market is said to have...
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Berthing, trucking delays continue at Ningbo

Container News Team - 0
Freight forwarders and liner operators are advising of trucking delays as Ningbo-Zhoushan port continues to operate under closed-loop management, with shippers urged to divert...
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Top 10: The busiest container ports in the United States

Container News Team - 0
Several important container ports are located in the United States and are key gateways for national and global trade. Below, you can find a list...
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“Port of Hamburg will not be sold to China,” said HHLA spokesman

Antonis Karamalegkos - 0
German port and terminal operator Hamburger Hafen und Logistik AG (HHLA) is still in the ongoing process of obtaining the necessary investment law approval,...
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CMA CGM introduces new US$500/TEU overweight surcharge

Container News Team - 0
After MSC's decision to revise overweight surcharges for Indian export containers, CMA CGM has also announced a new surcharge of the same kind. Effective today...
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Body found in container in Malaysian port

Container News Team - 0
Malaysian police found a dead body in a 40-foot container at Penang port, sent from Chittagong port, on Saturday 15 October. Police discovered the decomposed...
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2M Alliance merges two services, suspends one in Asia to Pacific Northwest trade

Container News Team - 0
As 2M Alliance's TP1/Maple and TP9/Eagle services have been inconsistent in terms of departure frequency and extended transit times, according to 2M Alliance of...
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MSC revises overweight surcharges for Indian export cargo

Container News Team - 0
Mediterranean Shipping Co. (MSC) has announced a new scale of overweight surcharges for Indian containers moving to Canada, Mexico, Central America and the Caribbean. The...
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Closed-loop management returns to Ningbo-Zhoushan amid new Covid-19 outbreak

Container News Team - 0
Ningbo-Zhoushan port has implemented closed-loop management and green channels to enable the movement of container trucks, after new Covid-19 outbreaks in the Beilun district,...
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Boxship sinks in Red Sea after major fire

Antonis Karamalegkos - 0
Following a major fire incident, the 1,853 TEU vessel TSS Pearl reportedly sunk approximately 300 kilometres southeast of Port Sudan, a port city in...
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Chittagong port keeps Hapag Lloyd vessel detained after crane incident

Container News Team - 0
The Chittagong Port Authority has detained a 1,718 TEU container feeder vessel operated by Hapag Lloyd in the Chittagong-Colombo route after it hit and...
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Latest Posts

Hapag-Lloyd is pushing the growth of its Indian terminal joint venture with Mumbai-based J M Baxi Group

CN Premium Articles Container News Team - 0
The German group owns 40% of J M Baxi Ports & Logistics, which operates a clutch of marine terminals across ports in India. Hapag-Lloyd has...
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Ukraine’s ports reposition amid war

CN Premium Articles Alexandros Itimoudis - 0
As war continues to reshape Ukraine’s geography, it is also redrawing its maritime map. Once centralized around a handful of traditional ports, the country’s...
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AD Ports Group signs MoU with Critical Minerals Forum

News Giannis Nikolakis - 0
AD Ports Group has signed a Memorandum of Understanding (MoU) with the Critical Minerals Forum (CMF) to build strategic cooperation focused on enhancing the...
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U.S. container imports down 6.4% in May

News Giannis Nikolakis - 0
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...
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Chokepoints Under Fire: Maritime volatility surges in the Singapore Strait and Red Sea

CN Premium Articles Alexandros Itimoudis - 0
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...
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