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12.5% of the global capacity now unavailable, possible decongestion in late 2022

Sea-Intelligence has published a report to gauge the impact that congestion and vessel delays have had on the global deployed liner capacity, showing that...

Coca-Cola charters bulk carriers as container conundrum continues

Following the lead of various other global brands, Coca-Cola recently announced chartering of bulk carriers for transportation of raw materials, amid the persistence of...

Freight rates elevated more than 90% in one year

Xeneta Shipping Index (XSI) has revealed another monthly hike in long-term ocean freight rates, with global container prices rising by 3.2% in September, followed...

Chinese power cuts may disturb US$120 billion of trade flows

The current Chinese power shortages that have gripped the country could see US$120 billion of trade flows delayed, according to the risk modelling company,...

Maersk completes B2C Europe takeover

After the announcement of its intention to acquire B2C Europe in August, AP Moller Maersk will now complete the acquisition of the Dutch logistics...

Schedule reliability hits all-time low in August, Maersk stays on top

Although schedule reliability has hovered between 35%-40% for most of the year, in August 2021 it dropped to 33.6%, a new all-time low during...

China’s CIMC buys Maersk Container Industry for US$987.3 million

The Danish container logistics company AP Moller - Maersk has signed an agreement on 27 September to sell its reefer manufacturer, Maersk Container Industry...

Cosco Shipping Lines upgrades its reefer fleet

Cosco Shipping Lines has enhanced its refrigerated cargo fleet with active controlled-atmosphere (CA) systems, named EverFresh, which are provided by Carrier Transicold. The high-performing systems...

THE Alliance leads the blank sailings race

Over the next 4 weeks, The Alliance has announced 20 cancellations, followed by 2M and Ocean Alliance with 14 and 6 cancellations, respectively, according...

Top 10: The busiest container port and terminal operators in the world

Container News continues its exciting "Top 10" series of articles and this time we have noted the ten busiest container port and terminal operators in...

Shippers struggle as container carriers’ earnings skyrocket

Importers and exporters are facing a rapidly disintegrating container shipping market as deployed capacity fails to keep pace with returning consumer and business demand...

MSC to push up European rates in September

The Swiss shipping line MSC will implement new rate increases for shipments in Europe that will take effect in September. Firstly, the Geneva-based carrier will...

Latest Posts

What’s behind Evergreen’s fleet investment?

Evergreen Marine Corporation is doubling down on its ambition to climb the ranks of global container shipping with a staggering US$5.75 billion investment in...

Port of Hueneme hosts aerial drone security exercise

The Port of Hueneme has wrapped up its annual Coastal Trident Security Exercise. This year’s focus was on drones and their role in maritime...

Could TS Lines challenge Asia Pacific feeder market with fleet expansion?

Taiwanese carrier's $375m Chinese shipyard deal positions company to disrupt regional shipping dominance. (adsbygoogle = window.adsbygoogle || ).push({}); Taiwan's TS Lines...

Global Terminal Operators: A Deep Dive into Throughput Trends

In the dynamic landscape of global maritime logistics, terminal operators are the backbone of international trade, managing the intricate flow of containers across ports...

ANL announced A3N – PELION 001N rotation adjustment

ANL has announced changes to the PELION 001S schedule due to berth congestion and vessel bunching in Melbourne. The vessel will now call at Sydney...
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