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Upcoming renegotiations of Asia-Europe contract rates to signal freight rates trends, said HSBC

British multinational banking and financial services organisation, HSBC brings forward its trough scenario for container shipping. HSBC lowered its demand estimations for 2023 and...

Sea-Intelligence sees high container capacity reductions

In the weeks following Golden Week (weeks 41-43), carriers are taking out significant levels of capacity per week, as shown in the following figure...

MSC enhances African Express service with new call

MSC announces a new direct call to the port of Abidjan on its African Express service aiming  to offer better transit times in the...

MSC strenghtens intra-Asia network

Mediterranean Shipping Company (MSC) has announced alterations in its intra-Asia service network, which will include new products and upgraded services that will come into...

MSC books a dozen 16,000 TEU vessels at Yangzijiang

Yangzijiang Shipbuilding has confirmed that MSC has ordered a dozen 16,000 TEU container ships. The Singapore-listed Chinese ship builder said on 6 October that the...

Sea-Intelligence reports 50% of congestion has been resolved

With the continued gradual improvement in schedule reliability in August 2022 and the resultant improvement in vessel delays, the global fleet that was unavailable...

Maersk orders six 17,000 TEU methanol-fuelled vessels

Maersk has ordered six additional container ships that can sail on green methanol, which will be built by Hyundai Heavy Industries (HHI) and have...

Indian exporters face new tax burden as freight rates moderate

Indian exporters – now relieved to see some moderation in sky-high freight rate levels amid slowing volumes – have a new cost burden to...

Maersk Container Industry announces new CEO

Søren Leth Johannsen will be the new chief executive officer (CEO) of Maersk's reefer container manufacturing subsidiary, Maersk Container Industry (MCI). Johannsen, the current chief...

Contaminated fish seems to cause food poisoning tragedy on Cosco bulker

Thirteen of 21 seafarers on one of COSCO's bulk carriers, Wu Zhou 8, have died from food poisoning after eating what is suspected to...

CMA CGM launches new early container return incentive programme

CMA CGM Group has announced the start of a new early container return incentive programme, under the name "TEUs to Trees", aiming to increase...

Maersk’s Sealand commences new Spain-UK rail service

Maersk's subsidiary specialised on Intra-European logistics, Sealand will launch a new rail product from Spain to the United Kingdom, designed for temperature-sensitive cargo like...

Latest Posts

ANL announced A3N – PELION 001N rotation adjustment

ANL has announced changes to the PELION 001S schedule due to berth congestion and vessel bunching in Melbourne. The vessel will now call at Sydney...

PortSide Stories: Rotterdam

PortSide Stories: Rotterdam Where the world’s cargo meets cutting-edge cool Rotterdam isn’t just Europe’s largest port; it’s a city that reinvents what a port city can...

Wan Hai Lines names WAN HAI A20 and supports local charity

Wan Hai Lines held a naming ceremony on August 14 for its new 13,100 TEU vessel, WAN HAI A20, at Samsung Heavy Industries’ Geoje...

GB trade with Northern Ireland tumbles

New Government figures show a developing crisis in trade between Northern Ireland and the rest of the UK as 10.8% of retailers completely stopped...

PIL’s first Beira–Chegutu shipment

Pacific International Lines (PIL) has completed its first intermodal shipment from Beira, Mozambique, to Chegutu, Zimbabwe. The journey covered more than 700 km by...
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