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Port of Riga welcomes largest container ship in its history

On Sunday night, the container ship MSC Maritina V made its entrance into the port of Riga, marking the largest container vessel to ever...

Maersk pilots Shanghai as new global gateway for LCL shipments

Maersk pilots Shanghai as its new global gateway of Less-than-Container-Load (LCL) shipments. The Danish company described this initiative as a "groundbreaking milestone" in the industry...

MSC upgrades Türkiye – UK West Coast service

MSC has announced a recent update to its Türkiye - UK West Coast service, which provides a connection between Türkiye and Liverpool and will...

CMA CGM applies new overweight surcharges from India

Marseille-headquartered box line CMA CGM has announced a new overweight surcharge (OWS) effective from 7 February 2024 until further notice. The surcharge applies to cargo...

Maersk’s revenue takes US$30 billion hit in “transitional year”

Like the majority of container carriers, Maersk has seen huge drops in its 2023 financial figures. The Danish company reported a US$30 billion decline in...

Container market grows marginally in 2023 as the fleet swells

In this week’s "Shipping Number of the Week" from BIMCO, Chief Shipping Analyst, Niels Rasmussen, examines the state of the container market in 2023...

Spot rates bottoming out, but contract rates to rise in tandem with costs

While spot container freight rates appear to have peaked, contract rates are expected to go up to reflect the increased costs of sailing round...

Suez Canal toll earnings set to continue falling, as vessels re-route around the Cape of Good Hope

As we enter into the third month of escalating conflict in Yemen that has prompted significant rerouting of vessels with far-reaching consequences for global...

ONE introduces world’s first dual-temperature refrigerated container

Ocean Network Express (ONE) announced the introduction of the world's first trial for a dual-temperature refrigerated container featuring Controlled Atmosphere (CA) capabilities, developed in...

Maersk commences new service between Middle East and Europe

Maersk will launch a new weekly service connecting the Middle East with Europe in mid-February. The new service, called ME8, will sail via the...

CMA CGM halts Red Sea transits

French container shipping company CMA CGM informed its customers that as from 1 February 2024 and until further notice, all services initially routed via...

Red Sea Greens to Chinese New Year Blues: Where are container spot prices headed?

As the Chinese New Year Blues unfold, with the “Year of the Dragon” being celebrated from the 10th to the 15th of February, 2024,...

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Clarion Shipping West Africa enters container shipping market

According to DynaLiners, a new Nigerian container shipping company, Clarion Shipping West Africa, has officially entered the market with the acquisition of a 350...

How Security Escort Services Protect High-Risk Freight on the Road

Moving a truck full of iPhones, cash, or pharmaceuticals down the highway? Congratulations, you've just painted a giant target on your cargo. Thieves know...

Latvian Ports Launch Digital Platform

Latvia’s major port authorities have joined forces on a major digital transformation initiative aimed at streamlining cargo handling and logistics operations across the country....

Red Sea insurance costs surge following Houthi attacks

The cost of insuring vessels transiting the Red Sea has more than doubled in recent days following two deadly attacks by Yemen’s Houthi rebels,...

Global trade lane growth trends: May 2025 update

Year-on-year data for May 2025 reveals that global seaborne container trade grew by 1.8%, continuing a generally positive trend, according to DynaLiners. Out of the...
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