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Russian reefer ship suffers engine room blast

Fire broke out on a Russian reefer ship shortly after it departed from South Korea’s Busan port on 26 March. Korea Coast Guard’s Busan branch...

Yang Ming purchases three 8,000 TEU methanol dual-fuel boxships

Yang Ming is advancing its fleet optimization strategy with the acquisition of three 8,000 TEU methanol dual-fuel-ready container ships from Shoei Kisen Kaisha. Currently under...

Monsoon anomaly holds up ships in Singapore and Port Klang

An unusual surge in monsoon winds in Southeast Asia resulted in congestion in the region’s key container ports, Singapore and Port Klang, as the...

Japan, South Korea into shipbuilding struggle to meet U.S. demand

According to a NYK Line executive, U.S. allies Japan and South Korea would face difficulties in rapidly expanding their shipbuilding capacity to meet U.S....

New alliances debut with record schedule reliability levels

Sea-Intelligence has published its latest Global Liner Performance (GLP) report, whose extensive coverage spans 34 trade lanes and over 60 carriers, featuring schedule reliability...

Maersk and Port of NY&NJ reach lease extension deal for APM Terminals Elizabeth

Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth's lease through December 2062. The deal...

Shippers turning to futures and longer-term contracts to manage risks

Daily turnover of Asia-North Europe (EC) container freight futures traded on the Shanghai Futures Exchange has reached US$1.5 billion. Speakers at the “Navigating the Volatility...

MSC vessel loses containers in rough seas off Portugal

The MSC-operated container ship MSC Houston V lost 15 boxes in the Atlantic Ocean off the coast of Portugal on 20 March after encountering...

Rotterdam congestion drives ocean carriers away

Congestion at Rotterdam’s port terminals has forced ocean carriers to adjust their services to avoid delays at the major European hub. As a result, MSC...

Seven niche container lines launch China-Mexico joint service

Seven smaller ocean carriers will introduce a joint service between China and Mexico. Emirates Shipping, KMTC, Regional Container Lines (RCL), Sinokor, Sinotrans, SeaLead Shipping...

Industry backlash against US tariffs on Chinese-built ships

The US Trade Representative's proposed Section 301 actions targeting Chinese-built and operated vessels are facing staunch opposition from key stakeholders within the maritime industry. The...

Major container lines report over US$27 billion in 2024 earnings

The major shipping lines that have reported and published their financial figures for 2024 have recorded combined full-year earnings before interest and taxes (EBIT)...

Latest Posts

DP World broadens Unifeeder’s horizons with African investments

Markets on the African continent are developing fast as ports and logistics companies develop the shorelines and connect countries in the interior. DP World, through...

MSC steamrolls toward 1,000 ships

MSC has reached another milestone, with an operated fleet of 900 boxships, according to Alphaliner’s report, comprising 609-owned and 292-chartered vessels. Alphaliner noted that the...

AD Ports conducts first LNG ship-to-ship bunkering at Khalifa Port

AD Ports Group has successfully completed its first ship-to-ship liquified natural gas (LNG) bunkering operation at Khalifa Port, marking a significant milestone in Abu...

Port of Oakland appoints first Director of Utilities

The Port of Oakland has appointed Andre Basler as its first-ever Director of Utilities, a newly established executive-level position created to lead the Port’s...

Buy Instagram Likes and Watch Your Posts Go Viral Instantly!

One of the best social media platforms to go viral and promote your brand is definitely Instagram. This social media platform is not just...
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