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ONE announces new intra-Europe shuttle services

The Singaporean container carrier Ocean Network Express (ONE) has enhanced its intra-Europe service network with the new shuttle services, Sweden Shuttle (SES) and Poland...

MSC plans blank sailings in view of the Chinese New Year

Mediterranean Shipping Company (MSC) has decided to exclude selected sailings during weeks 4, 5 and 6 of the year on its Transpacific network, due...

CMA CGM to push up South America rates

After four months of pausing increases in freight rates, CMA CGM has decided to boost its prices in shipments to and from the East...

Hapag-Lloyd pays US$55 million for boxship acquisition from Eastern Pacific

Hapag-Lloyd has acquired the 4,253 TEU container ship, Chesapeake Bay, from Singapore-headquartered Eastern Pacific Shipping for US$55 million. The transaction was completed on 6 January,...

India Outlook 2022: Freight rates, box prices continue to rise

Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and...

Maersk starts reefer train service in Spain

Maersk has announced the launch of a new weekly rail service for reefer cargo, connecting the Port of Algeciras in Cadiz with Marin Port...

Ocean Alliance unveils upgraded global service network

The Ocean Alliance, comprising CMA CGM, COSCO, OOCL and Evergreen, has announced its latest global service network, which will launch in April with 42...

Interview with Dr. Philip Blumenthal, CTO of ECU Worldwide

What are the reasons for the global port congestion? What has caused the record-high freight rates? What are the expectations and estimations for 2022? Dr....

ONE’s Madrid Bridge lost at least 30 containers overboard

The 2018-built container ship Madrid Bridge, which suffered a container collapse on 7 January in the North Atlantic Ocean, has lost at least 30...

Global port congestion is getting worse, says Sea-Intelligence

Sea-Intelligence has analysed data from the November 2021 issue of the Global Liner Performance report to calculate how much vessel capacity was being effectively...

Maersk confirms methanol-powered vessels order at Hyundai Heavy Industries

A Maersk representative has confirmed to Container News that the Danish shipping company has declared its options with Hyundai Heavy Industries (HHI) for four...

ONE’s New Panamax vessel suffers container collapse in the North Atlantic

The 13,900 TEU container ship Madrid Bridge has suffered a container collapse in the North Atlantic Ocean on 7 January, according to the vessel...

Latest Posts

Marie Maersk to resume voyage after flames contained

The fire on container ship Marie Maersk has been brought under control after almost two weeks, and the vessel has been deemed safe to...

How One Mistake by a Truck Driver Can Change Your Life Forever

A single moment of distraction, fatigue, or misjudgment by a truck driver can have absolutely devastating consequences that ripple through entire families for years....

How Shippers Secure Fast Capital for Peak Season

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...

OOCL expects hurdles from US port fees and competition

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...

KCCI Falls as Busan export rates drop

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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