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After skyrocketed profit earnings, container lines eye investment opportunities

From an investor's standpoint, shipping used to be what they call a 'drag' sector, and shipping company stocks received very less attention when compared...

MSC and ZIM cease cooperation on the North Europe – East Med trade

ZIM and MSC have decided to cease their cooperation on the North Europe - East Mediterranean trade, terminating their joint service from the end...

Historic low in container ship schedule reliability

The Danish research and analysis provider Sea-Intelligence has reported that schedule reliability dropped again month-on-month in December, this time by 1.2 percentage points to...

Chinese ports achieve 7% box growth; Shanghai remains world’s busiest container port

In 2021, the container throughput of Chinese ports was 282.7 million TEU, which translates to a year-on-year increase of 7%, while the cargo volume...

ZIM extends collaboration agreement with 2M Alliance

ZIM and the 2M Alliance partners, Maersk and MSC, will extend their existing operational collaboration agreement on the Asia – US East Coast (USEC) and...

Container shipping crunch sees late delivery of Chinese New Year goods

The shortage of containers and shipping slots have resulted in the delayed arrival of Chinese New Year festive goods in Southeast Asia, where retailers...

MSC aims to acquire majority stake in ITA Airways

Mediterranean Shipping Company (MSC) Group has expressed its interest to the Italian Government in acquiring a majority stake in the state-owned ITA Airways. The MSC...

Wan Hai and COSCO give generous bonuses in Evergreen’s footsteps

Wan Hai Lines and COSCO Shipping Holdings have reportedly paid their staff bumper bonuses, as publicity surrounding Evergreen Marine Corporation’s 40-month bonus continues. Taiwanese media,...

Kuehne+Nagel opens new offices in Africa

The global transport and logistics company Kuehne+Nagel has expanded its network of offices in Africa, which are managed and supported by a control tower...

Kuehne+Nagel launches sea freight disruption indicator

The Switzerland-headquartered global transport and logistics company Kuehne+Nagel has announced the launch of the Seaexplorer disruption indicator to measure the efficiency of the world container...

Carriers cancel sailings as vessels are stuck at congested ports

The provider of supply chain visibility platform for shippers and logistics firms, project44, has conducted a report showing that carriers have struggled with schedule...

Yantian terminal restricts intake of export-bound containers

Yantian International Container Terminal (YICT) in China’s Shenzhen Port is taking in export-bound containers with an estimated berthing time of four days, as containers...

Latest Posts

Latvia and Germany strengthen maritime innovation ties

Public and private sector partners from Latvia and Germany have signed a Memorandum of Understandin in Hamburg this week to boost cooperation in digital...

Kota Oasis makes inaugural call at Lomé

PIL has announced that its latest “O”-Class vessel, Kota Oasis, made its inaugural call at the Port of Lomé, Togo. Following a successful first stop...

MSC reaches capacity milestone further cementing its position

MSC has crossed a significant milestone, with its total container fleet capacity exceeding 6.6 million TEUs, securing a commanding 20.5% share of the global...

Shipping risks rise as Taiwan Strait emerges as strategic flashpoint

China’s military blasted the Royal Navy patrol ship HMS Spey for its deliberate attempt to cause trouble as the vessel threaded the Taiwan Strait. Britain’s...

Maersk suspends calls to Haifa amid rising regional tensions

Maersk has decided to temporarily suspend vessel calls to the Port of Haifa, Israel, as well as halt cargo acceptance for this destination. In light...
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