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Freight fall corners operators with costly charters

Container News Team - 0
Crumbling container freight rates have taken their toll on the newer and smaller players in the liner shipping industry, as their current earnings are...
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Yang Ming adds new 11,000 TEU container vessel

Container News Team - 0
Yang Ming Marine Transport Corp. has added one new 11,000 TEU container vessel, namely YM Trillion, which is chartered from Shoei Kisen Kaisha, Ltd....
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Cargo vessel capsizes and sinks at Turkish port

Antonis Karamalegkos - 0
General cargo vessel Sea Eagle, which was loaded with containers, lost stability and tumbled over during offloading operations at Iskenderun port in Turkey on...
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Captain of stranded ship in Kaohsiung in failed escape attempt

Container News Team - 0
The captain of a general cargo ship which had been stranded for half a year in Kaohsiung, Taiwan, after its ship owner failed to...
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HMM and CEVA Logistics ink multi-year cooperation deal

Container News Team - 0
South Korean ocean carrier HMM and French logistics firm CEVA Logistics have signed an agreement which is expected to strengthen and expand relations between...
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Suez Canal Authority to apply increased transit tolls next year

Antonis Karamalegkos - 0
The Suez Canal Authority (SCA) will increase the transit tolls for all types of vessels by 15% during the next year and by 10%...
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Maersk enhances Samba service

Antonis Karamalegkos - 0
Danish box carrier Maersk will add a ninth vessel to the fleet of its weekly North Europe - East Coast of South America "Samba"...
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New KDB boss: HMM, DSME must be sold at soonest

Container News Team - 0
Newly appointed Korea Development Bank (KDB) chairman Kang Seok-hoon said in a press briefing that the bank must divest its holdings in the country’s...
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Industry Opinions

Market report: “Container shipping market turns a corner … in lockstep?”

Container News Team - 0
Global container shipping turned a corner in the second quarter of 2022 according to the findings of the latest Quarterly Review of the market...
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Digital Series

COSCO introduces new eBL service

Container News Team - 0
COSCO SHIPPING announced the launch of the new electronic bill of lading service, named "IQAX eBL", jointly with Bank of China, on 1 September...
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Hapag-Lloyd buys 49% stake in Italian logistics group

Antonis Karamalegkos - 0
The German container shipping company Hapag-Lloyd has agreed with Spinelli Group to acquire a 49% stake in the Italian logistics firm. The Hamburg-based box carrier...
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Excessive carrier profits at risk as decline in spot rates prompts renegotiation of contract rates, reports Shifl

Container News Team - 0
SHIFEX, a container spot freight rate index, recorded the lowest freight rate in 24 months between Shanghai, China and Los Angeles, US. The index shows...
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Latest Posts

CStar Line to Launch China–Red Sea Service

News Giannis Nikolakis - 0
CStar Line is set to introduce a new service connecting China to the Red Sea, expanding its regional network with the launch of the...
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HMM not at fault for containers lost from ONE Apus

CN Premium Articles Container News Team - 0
The US courts have cleared HMM of any liability in relation to the loss of 1,800 containers from the ship ONE Apus in stormy...
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Sea-Intelligence: Transpacific capacity injection is reversed

News Antonia Saratsopoulou - 0
According to Sea-Intelligence, on April 9th, 2025, the US announced 145% tariffs on China, stifling Transpacific container shipping demand, and the shipping lines responded...
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CMA CGM enhances ISX service

Services Giannis Nikolakis - 0
CMA CGM’s Short Sea Lines Division has announced an upgrade to its IRISH SEA EXPRESS (ISX) service with the addition of a Zeebrugge call,...
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Roberts Bank Terminal 2 procurement process begins

News Alexandros Itimoudis - 0
The Vancouver Fraser Port Authority has officially launched the procurement process for the Roberts Bank Terminal 2 Project, issuing a request for qualifications to...
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