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Reefer container freight rates to outpace dry box pricing

Reefer container freight rates across global trades rose over 50% in the year to the second quarter of 2022, matching gains made in dry...

Port of Liverpool workers to strike over pay

More than 500 port operatives at the Port of Liverpool in the United Kingdom will strike over an "inadequate" 7% pay offer, according to...

ONE connects to CargoWise to enable automatic digital rate transfer

Singaporean container line Ocean Network Express (ONE) has gone live with automated digital transfer of contract rates and global tariffs capable of feeding WiseTech...

Maersk signs multi-year logistics deal with Singaporean furniture retailer

Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer, for a multi-year global integrated logistics and fulfilment agreement. Through the partnership, Castlery...

Maersk ship resumes service after collision

A container ship chartered by Maersk Line has resumed its voyage after colliding with a general cargo ship. In the early-morning accident on 7 August,...

MSC enters hospital business with Mediclinic takeover

MSC is a member of a consortium that is expected to buy hospital chain operator Mediclinic International. The Swiss/Italian container carrier, along with South African...

Felixstowe strike poses challenge to supply chains

Port workers at Felixstowe are set to strike for eight days from Sunday 21 August until Monday 29 August, after rejecting the latest pay...

Demand pressure cuts into carriers’ rate push on Indian trades

Container carriers serving Indian trades appear somewhat wary about their ability to realize full recovery of new rate increases of a significant level amid...

China yards dominate in boxship orders

Chinese shipyards hold the lion's share of container ship orders, with at least half of vessels under construction, followed by 34% for South Korean...

Surge in shipbuilding raises potential oversupply concerns

While some shipyards struggled to stay afloat during the initial outbreak of Covid-19, the post-pandemic environment is predicted to usher in an encouraging era...

Chittagong depots to raise charges by 42.5% amid diesel price hike

As the fuel oil price in Bangladesh saw a record hike on 5 August, the inland container depots in Chittagong have moved to raise...

Evergreen chairman Chang: Natural attrition will balance out orderbook

Evergreen Marine Corporation chairman Chang Yen-i says phasing out of older vessels will assuage concerns of heavy orderbook. Taiwan’s largest liner operator and the world’s...

Latest Posts

CLdN plans expansion at Teesport

CLdN has reaffirmed its long-term commitment to Teesport, announcing plans to strengthen its freight service between Zeebrugge and the northeast UK port following P&O...

NEMO expands global influence

The Nuclear Energy Maritime Organization (NEMO) has officially been granted NGO Consultative Status with the International Maritime Organization (IMO) and has received an invitation...

Sinolines and China Merchants affiliates intensify control over Antong

Antong Holdings, the holding company of domestic shipping line Quanzhou Ansheng Shipping, could be the target of a hostile takeover by Sinotrans Container Lines (Sinolines) after...

MPA partners with InstaSG to celebrate Singapore’s maritime heritage

As part of Singapore’s 60th year of independence celebrations, the Maritime and Port Authority of Singapore has partnered with InstaSG for the 2025 edition...

Eimskip sells vessel Lagarfoss

Eimskip has announced the sale of its container vessel Lagarfoss, a ship that’s been a core part of the company’s fleet for over a...
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