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MSC pushes up rates to American ports

Mediterranean Shipping Company (MSC) has announced the implementation of new Freight All Kinds (FAK) rate increases from 1 January 2022 for shipments destined to...

Top 10: The largest container ships in the world

Container ships play a vital role in the distribution of goods around the world. With the largest of them having a capacity of approximately...

MSC needs a single New Panamax vessel purchase to dethrone Maersk

It is a matter of time before MSC surpasses Maersk, becoming the largest container shipping company in the world. After approximately 20 years, the Danish...

Container lines report record profitability in the third quarter

Αll global ocean carriers saw revenues increase substantially as a consequence of the record-high freight rates, with year-on-year revenue growth ranging from 83.9% for...

Maersk vessel disabled in the English Channel

The 2008-built Maersk Bulan was disabled around 07:30 UTC on 26 November in the English Channel. The incident happened while the ship was on...

COSCO signs Tianjin Container Terminal acquisition deal

COSCO SHIPPING Ports (Tianjin) and China Shipping Terminal Development Co. (CSTD) have signed the Tianjin Container Terminal (TCT) joint venture agreement and the articles...

CMA CGM reschedules services to avoid congestion

CMA CGM has published the revision of a couple of its services with port call removals, as an effort to confront the global port...

CMA CGM achieves massive US$5.6 billion profits

CMA CGM Group has reported an astonishing surge in its profits during the third quarter of the year, reporting US$5.6 billion, while last year...

Top 10: Ship owning nations in the world

November 2021 total fleet values in the following Top 10 Ship Owning Nations list include the following vessel types: Bulker, Tanker, Container, Reefer, Small...

Zinus agrees with Maersk for fixed-rate stable container supply in 2022

The world's largest container line Maersk will provide Zinus with a stable supply of containers at a fixed price in the next year, allowing...

Ever Given resumes service after 40-day facelift

Ever Given, which ran aground in the Suez Canal on 23 March, completed 40-day maintenance and repair in Qingdao Beihai Shipbuilding Heavy Industry on...

Rate reduction could take 18-30 months, reports Sea-Intelligence

The Danish provider of research & analysis, data and advisory services within the global supply chain industry, Sea-Intelligence has analysed the composite China Containerized...

Latest Posts

Hanseatic Global Terminals appoints new MD of CNMP Le Havre

Hanseatic Global Terminals has appointed Benoit Klein as the new Managing Director of CNMP Le Havre, effective September 1, 2025. Klein brings nearly three decades...

PIL opens new office in Uruguay

PIL has officially opened a new office in Montevideo, Uruguay, marking a key step in expanding its presence across Latin America. The office opening comes...

Xeneta acquires eeSea to strengthen freight procurement insights

Xeneta has acquired maritime data company eeSea, expanding its ability to help shippers manage freight contracts and suppliers more effectively. The deal brings eeSea’s schedule,...

China looms over CK Hutchison’s port sale

The world’s largest planned ports deal has run aground on geopolitics. CK Hutchison, the Hong Kong conglomerate, confirmed this week that the $23 billion...

ANL announced service adjustments and vessel delays

ANL has announced several operational updates affecting its services in the Asia–Pacific region. Due to adverse weather conditions and congestion at regional ports, the OOCL...
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