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CMA CGM’s giant vessel loses containers in the Indian Ocean

Container News Team - 0
CMA CGM’s container ship, APL Vanda reportedly lost 55 containers in the Indian Ocean earlier this month due to a stack collapse. The vessel was...
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COSCO’s net profit skyrockets by over 74%

Container News Team - 0
The Chinese shipping giant COSCO SHIPPING Holdings has announced that its net profit attributable to equity holders for the first half of the year...
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Vessel skips for Indian ports continue amid sailing disruptions

Container News Team - 0
India’s West Coast ports of Nhava Sheva/JNPT and Mundra have suffered several void calls from major services connecting to the United States and Europe...
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Ghost ship found at Bay of Bengal

Container News Team - 0
A Qatar-flagged ship, namely Al Qubtan 1, which was last seen in the Persian Gulf in October 2021, is now found floating in the...
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Chinese tech firm Lenovo parterns with Maersk

Antonis Karamalegkos - 0
Danish leading shipping company Maersk and Chinese technology giant Lenovo have agreed to partner on environmentally-friendly ocean freight shipments. Lenovo has chosen to use Maersk’s...
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HMM unveils upcoming investments over US$11.4 billion, aims to boost TEU capacity by nearly 400,000 TEU

Antonis Karamalegkos - 0
HMM has decided to proceed with massive investment in several initiatives aiming to diversify its business portfolio for future growth. In the mid-to-long term strategy...
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Drewry reports 6 million TEU of surplus containers

Antonis Karamalegkos - 0
The global pool of shipping containers increased by 13% to almost 50 million TEU in 2021, which was three times prior growth trend, according...
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Congestion in Canada continues to impact rail and truck services

Container News Team - 0
Danish container shipping company Maersk has published an update about the ongoing situation in Canada regarding significant congestion at terminals and inland ramps. Maersk has...
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Covid-19-fuelled peak may be bottoming out

Container News Team - 0
The post-Covid-19 container demand boom appears to have peaked, based on Drewry's port throughput index, which showed a decline in April. The Shanghai lockdown took...
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MSC subsidiary TiL invests heavily in French container port

Container News Team - 0
MSC's terminal operating subsidiary, Terminal Investment Limited (TiL) has decided to invest US$706,4 million (€700 million) in the Port of Le Havre to strengthen...
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Singapore once again top shipping centre in the world

Container News Team - 0
Singapore topped the Xinhua-Baltic International Shipping Center Development Report for another year. In fact, this is the ninth year in a row that the report...
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Downward pressure on rates: demand or supply driven?

Container News Team - 0
Given the recent decline in spot rates (below what could be explained by normal seasonality), maritime data analysis company Sea-Intelligence sought to answer a...
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Marie Maersk to resume voyage after flames contained

News Container News Team - 0
The fire on container ship Marie Maersk has been brought under control after almost two weeks, and the vessel has been deemed safe to...
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How One Mistake by a Truck Driver Can Change Your Life Forever

Sponsored Nondas - 0
A single moment of distraction, fatigue, or misjudgment by a truck driver can have absolutely devastating consequences that ripple through entire families for years....
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How Shippers Secure Fast Capital for Peak Season

Sponsored Nondas - 0
Are you anticipating the surge of peak shipping and freight season?  For importers, non-vessel operating common carriers (NVOCCs), and drayage operators, securing fast funding before...
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OOCL expects hurdles from US port fees and competition

CN Premium Articles Container News Team - 0
Hong Kong's Orient Overseas International Ltd (OOIL) said that impending US port fees that would be imposed on Chinese operators from 14 October, would...
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KCCI Falls as Busan export rates drop

News Giannis Nikolakis - 0
According to JIFFA, sourced from Korea Ocean Business Corp. (KOBC), the KOBC Container Composite Index (KCCI) slipped 3.67% to 1,993 points on Monday as...
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