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US furniture shipper files FMC complaint against MSC and COSCO

US furniture manufacturer, MCS Industries has filed a formal complaint against Mediterranean Shipping Company (MSC) and COSCO Shipping Lines to the Federal Maritime Commission...

Maersk reports record Q2 results, expects even better Q3

A.P Moller Maersk has reported unaudited revenue of US$14.2 billion, earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$5.1 billion and earning before...

MSC to surpass Maersk as the world’s largest container line

The latest decision of CMB Financial Leasing (CMBFL) to buy two 16,000TEU vessels from Guangzhou Shipyard International (GSI) for long-term lease to Mediterranean Shipping...

Hapag-Lloyd sets new charges from Asia

Hapag-Lloyd has announced several rate increases, which will take effect in August, for sailings starting from Asia ports. Firstly, the German carrier will impose a...

MSC entices HMM seafarers with high salary

MSC is seeking to hire South Korean seafarers for the first time, a move that has raised eyebrows in the Asian country. The Swiss-Italian liner...

Largest container ship ever sails the St Lawrence River

MSC Melissa has become the largest container vessel to ever sail the St. Lawrence River, calling earlier in July the Port of Montreal. With a...

Bangladesh closes factories for 19 days disrupting shipment

Bangladesh’s merchandising industry is going through a 19 days operation suspension owing to Eid-ul-Azha festival and pandemic linked strict lockdown. From Tuesday, 20 July all...

Container congestion continues to devastate global supply chain

Global container congestion persists to wreak havoc on supply chain operations all around the globe. Global shipping has been facing erratic consumer demand, factory shutdown,...

Union Pacific confirms rail shipments suspension from US West Coast

The US rail company, Union Pacific has confirmed the suspension of rail shipments from the US West Coast, which starts today, on 18 July. In...

Ever Given forced to omit Hamburg port call

The most famous container ship in 2020, Ever Given has returned to its sailing towards European destinations, but it is forced to drop the...

CMA CGM announces new surcharges worldwide

CMA CGM has published several new peak season surcharges (PSS) across the world, which will be effective from late July and August. Firstly, the marseille-based...

ONE-operated vessel in collision with bulker in Malacca Strait

An Ultra Large Container Vessel (ULCV) operated by Ocean Network Express (ONE) was involved in a collision with a bulk carrier in the Straits...

Latest Posts

Hapag-Lloyd posts solid H1 2025 results

Hapag-Lloyd closed the first half of 2025 with solid results despite a challenging and volatile market. Group EBITDA reached US$1.9 billion, while EBIT stood...

Yang Ming reports Q2 2025 financial results

Yang Ming held its 405th Board Meeting on August 12, 2025, and approved the company’s consolidated financial statements for the second quarter of the...

Port of Los Angeles sets all-time monthly record

July 2025 was the busiest month in the 117-year history of the Port of Los Angeles, with throughput reaching 1,019,837 TEUs, an 8.5% increase...

MSC establishes crewing office in Ningbo with eye on Chinese seafarers

MSC has opened a ship management office in the port city of Ningbo, aiming to hire around 2,000 Chinese seafarers. (adsbygoogle...

Global bunker prices continue downward trend

Global bunker indices tracked by Marine Bunker Exchange (MABUX) extended their downward movement. The 380 HSFO index dropped by US$11.71, nearing the US$450 mark....
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