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Container spot rates end 43-week falling streak

Container News Team - 0
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...
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Evergreen’s generous bonuses causes strike at airline affiliate

Container News Team - 0
Taiwanese mainline operator Evergreen Marine Corporation has paid its employees generous bonuses of up to 52 months of their salaries, prompting a strike by...
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Chinese export container rates drop despite normal CNY cargo rush

Container News Team - 0
An unusual drop in prices was observed in Chinese container exports, according to chief shipping analyst at BIMCO, Niels Rasmussen, who noted that box...
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MSC, CMA CGM, Evergreen and Zim most active fleet builders in 2022

Container News Team - 0
MSC, CMA CGM, Evergreen Marine Corporation and Zim Lines registered the largest fleet growth among liner operators in 2022, according to Alphaliner's latest report. The...
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Transpacific ocean rates return to 2019 levels

Container News Team - 0
The pandemic-driven surge in demand for ocean imports catapulted global freight – and rates – to new levels of infamy in 2021 and 2022. According...
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MSC to link India with East Med with new service

Container News Team - 0
MSC (Mediterranean Shipping Company) has included Jubail Commercial Port in Saudi Arabia in the port rotation of one of its shipping services connecting India...
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Chinese ports boost container volumes; Shanghai, Ningbo and Shenzhen remain on top

Antonis Karamalegkos - 0
Chinese ports have handled 270.6 million TEUs from January to November 2022, which represents a 4.2% increase compared with the same period in 2021. Additionally,...
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MSC overtakes Maersk in November schedule reliability

Container News Team - 0
The Danish maritime data analysis company Sea-Intelligence has reported that global schedule reliability improved by 4.7% month to month in November 2022 and reached...
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MSC launches direct service connecting East and West Mediterranean

Container News Team - 0
MSC announced the opening of a new direct service between Türkiye, North Africa, Portugal and Spain. The purpose of this new service is to enhance...
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ONE to acquire three container terminals in US

Container News Team - 0
Ocean Network Express (ONE) has signed definitive agreements to acquire a 51% stake in each of TraPac LLC (TraPac) and Yusen Terminals LLC (YTI),...
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Several years of poor maintenance led to APL England container loss accident

Antonis Karamalegkos - 0
A final report into the loss of containers from the 5,780 TEU vessel APL England off Sydney in 2020 notes the importance of vessel...
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THE Alliance unveils upgraded service network for 2023

Container News Team - 0
THE Alliance, comprising Hapag-Lloyd, Ocean Network Express (ONE), Yang Ming and HMM, has reconfigured its service network for the next year. The updated service setup...
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UNIKAI and AKQUINET modernise O’Swaldkai Terminal

News Giannis Nikolakis - 0
UNIKAI, a subsidiary of HHLA, and IT provider AKQUINET have completed the AKIDU project, funded by Germany’s Federal Ministry of Transport, to digitalise break...
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MSC expands Koala service to Melbourne

News Antonia Saratsopoulou - 0
MSC will extend its China–Indonesia–Australia Koala service to include Melbourne, further strengthening its presence in the Australia–Asia trade. The carrier will also increase the...
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CMA CGM expands and updates NEFWI Service

News Antonia Saratsopoulou - 0
As DynaLiners reported, CMA CGM will update its North Europe–Caribbean NEFWI service starting in November. The carrier will add a new port, Puerto Antioquia...
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Maersk exits direct U.S.–South Africa route

News Antonia Saratsopoulou - 0
Maersk will withdraw from the direct U.S.–South Africa trade lane. The move follows MSC’s exit from the joint U.S.–South Africa/AMEX service. MSC is launching...
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Union of Greek Shipowners releases 2024–2025 annual report

News Giannis Nikolakis - 0
The Union of Greek Shipowners (UGS) has published its 2024–2025 Annual Report, presenting detailed statistics and insights on the Greek fleet and its role...
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