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MSC joins ICHCA International

Mediterranean Shipping Company (MSC) is now a member of the ICHCA International, the global association that represents cargo handling companies, having also representation on...

Box lines’ profitability remains at record levels with combined Q1 EBIT of US$43.9 billion

Following the "trend" of the last quarters and years, container lines have recorded very strong operating profits once again in the first quarter of...

Indian exporters see fresh GRI notices after brief market stability signals

After a brief period of calm that has seen some sort of freight rate stability, container carriers have begun to hit the Indian market...

Chittagong depot owners in dilemma as lines refuse to carry hydrogen peroxide laden containers

Chittagong container depot owners are now in trouble as some of the shipping lines are refusing to carry hydrogen peroxide after the depot fire...

Record prices for container newbuild vessels

Boxship newbuilding prices are hitting new all-time highs, as container freight levels show no sign of a substantial correction anytime soon. VesselsValue shows that on...

Wait-and-see as Shanghai back into lockdown

A Covid-19 flare-up in Shanghai just eight days after emerging from a two-month lockdown has returned the port city to square one, raising concerns...

FMC announces US$2 million fine to Hapag-Lloyd for detention and demurrage violation

The United States Federal Maritime Commission has approved a settlement agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd where the ocean carrier...

Shippers fear higher freight costs due to carbon tax

Fear prevails in the Global Shippers Forum (GSF), the global business organisation which represents cargo owners exporting and importing to international supply chains. The reason...

South Korean truckers begin unlimited national strike action

Truck drivers in South Korea have begun today (7 June) unlimited strike action, according to the International Transport Workers’ Federation (ITF), which said the...

Shanghai port congestion returns to normal

As Shanghai springs back to life after two months of lockdown, congestion at the port is almost back to normal, according to the latest...

Shifl sees possible further reduction in freight rates

Freight rates, and especially the spot market ones, have fallen sharply since the beginning of the year, driven by declining consumer demand in the...

MSC launches new service on intra-Asia trade

MSC has announced the launch of the Pertiwi service on the Intra-Asia trade, which is expected to start in early July. The new service will...

Latest Posts

KWE Singapore to rebuild headquarters warehouse

Kintetsu World Express (KWE) announced that its Singapore subsidiary will reconstruct its headquarters warehouse in Changi South, with completion targeted for fiscal year 2027. The...

PFL to implement GRI on Australia & New Zealand–Papua New Guinea trade

Pacific Forum Line (PFL) has announced a General Rate Increase (GRI) on cargo moving from Australia and New Zealand to Papua New Guinea, effective...

Operations begin at phase two of Dublin Port’s Terminal 4 RoRo depot

Dublin Port has opened Phase Two of its new Terminal 4 (T4) RoRo depot, adding 160 trailer spaces and boosting capacity by more than...

Port Houston achieves double-digit growth

Port Houston recorded one of its strongest months on record in July 2025, as container volumes surged by 21% year-on-year, reaching 392,829 TEUs. The milestone...

MABUX showed a moderate upward trend

At the close of the 35th week, the global bunker indices MABUX showed a moderate upward trend. The 380 HSFO index rose by US$...
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