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Slump in spot rates to continue

Container News Team - 0
The nosediving of spot rates continues, as Drewry's World Container Index revised its own record of the largest weekly fall in recent times. A 10.25%...
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Blank Sailings

2M Alliance suspends Sequoia/TP3 service due to US West Coast reduced demand

Container News Team - 0
2M Alliance of Maersk and MSC has decided to suspend its Sequoia/TP3 service due to reduced demand for shipments into the US West Coast...
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Container ship and tanker sustain serious damages in heavy collision in Malacca Strait

Container News Team - 0
The 7,455 TEU container vessel GLS Grania and the Aframax tanker Zephyr I suffered a collision in Malacca Strait between Malaysia and Singapore on...
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Workers begin new round of strikes at Port of Felixstowe

Antonis Karamalegkos - 0
Workers at the UK’s largest container port at Felixstowe have launched a new strike action today (27 September) due to an ongoing dispute over...
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World’s largest container line MSC enters air cargo market

Antonis Karamalegkos - 0
The world's largest container shipping company, MSC Mediterranean Shipping Company SA aims to enter the air freight market, starting the development of a new...
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Ro-Ro cargo ship catches fire at port of Tacoma

Container News Team - 0
Ro-Ro cargo ship Midnight Sun suffered a fire accident at the port of Tacoma in the United States on 22 September, while it was...
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World Container Index sinks to January 2021 levels, at 21-month low

Container News Team - 0
Spot rates on Drewry's are no longer dreary. The World Container Index (WCI) took a near 10% tumble, the first in 29 months, as...
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CMA CGM to implement new US$400 PSS for reefer boxes from Europe

Container News Team - 0
French ocean carrier CMA CGM has announced a new peak season surcharge (PSS) for reefer cargo, effective from 23 October until further notice. The Marseille-headquartered...
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CMA CGM boss Saadé part of tycoon consortium to buy French television station M6

Container News Team - 0
The chairman and chief executive officer (CEO) of the CMA CGM Group, Rodolphe Saadé aims to expand further into the mass media sector. After being...
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Industry Opinions

Congestion, a big piece of the supply and demand puzzle

Container News Team - 0
Introduction Dry bulk and container shipping markets have exhibited sharp declines in earnings over the summer. Many have attributed this to a drop in congestion....
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Blank Sailings

Sea-Intelligence reports ramp up in Golden Week capacity reductions

Container News Team - 0
Danish maritime data company Sea-Intelligence analysed blank sailings data from the leading container lines. The analysts said that blank sailings have for long been...
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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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Latest Posts

US rejects shipping climate framework amid maritime powerplay

CN Premium Articles Alexandros Itimoudis - 0
Geopolitical tensions escalate as Washington threatens retaliation against nations supporting IMO's Net-Zero Framework, revealing deeper strategic competition in global maritime dominance. ...
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Port of Aarhus sees record 45% jump in container volumes

News Antonia Saratsopoulou - 0
The Port of Aarhus has smashed multiple records in 2025, with container traffic hitting new all-time highs. July alone saw volumes surge over 45% year-on-year,...
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COSCO leads in Far East-Indian Subcontinent/Middle East lane

CN Premium Articles Antonia Saratsopoulou - 0
COSCO Shipping Lines is the largest player in the Far East-Indian Subcontinent/Middle East/Red Sea trade, with a market share of around 13%, with 250,000...
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HMM posts H1 2025 profit despite rate pressures

News Antonia Saratsopoulou - 0
HMM closed the first half of 2025 with solid profits, despite weaker freight rates and global trade challenges. Revenue for H1 reached KRW 5,477 billion,...
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Maritime security under traditional and digital threats

CN Premium Articles Alexandros Itimoudis - 0
As the United Nations Security Council convened this week for critical deliberations on maritime security, the discussions underscored a troubling reality: the ocean highways...
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