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PIL Logistics unveils new logo and brand identity

PIL Logistics is strengthening its commitment to transformation and growth as a comprehensive end-to-end logistics service provider with the unveiling of its new logo...

CMA CGM announces PSS for West Africa, Med & Black Sea

In its ongoing commitment to providing reliable and efficient services, CMA CGM has announced a Peak Season Surcharge (PSS) effective 1 from April 2025,...

CMA CGM applies new FAK rates for Asia-Med & North Europe-Indian Sub routes

CMA CGM has announced new Freight All Kinds (FAK) rates, which will take effect from 1 April 2025 until further notice. These rates will apply...

MSC announces changes in Far East service

According to DynaLiners report, the world's largest container carrier MSC has realigned its intra-Far East Pertiwi service, replacing the port of Tanjung Pelepas with...

Geopolitics, tariffs and war result in rates bloodbath

A rates bloodbath is shaping up as fundamentals in supply and demand finally overwhelm the black swan events that have seen shipping lines bank...

MSC shortens intra-Far East service

Swiss/Italian ocean carrier MSC has decided to drop Tanjung Pelepas, Subic Bay, Manila and Shanghai from its intra-Far East Origami service, according to DynaLiners. Additionally,...

MSC increases rates from Far East to North Europe

Swiss/Italian box line MSC announced updated freight rates from Far East ports (including but not limited to ports in Japan, Korea and Southeast Asia)...

Yang Ming records US$2 billion in annual net profit

Taiwan's major ocean carrier Yang Ming Ming reported consolidated revenues of US$6.94 billion and a net profit after tax of US$2 billion, resulting in...

HMM must not be slanted towards containers, says KOBC boss

The new president of Korea Ocean Business Corporation (KOBC), HMM’s second-largest shareholder, said that South Korea’s flagship container line should diversify further beyond its...

Somalia grants port access to Ethiopia in bid to resolve territorial dispute

Somalia might allow Ethiopia, a landlocked country, to utilize one of its Indian Ocean ports, potentially resolving their ongoing territorial dispute concerning Ethiopia's desire...

Maersk expands tech platform for South India shippers as Gemini launches direct calls

Maersk is strengthening its tech-enabled documentation services for southern India shippers, as its cargo stakes grow with Gemini Cooperation-linked direct calls out of the...

PSA withdraws from Tuticorin three years ahead of schedule

India's PSA Sical, a joint venture of PSA (62.5%) and local Sical (37.5%), has withdrawn prematurely from its concession to operate Berth 7 at...

Latest Posts

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...

PIL christens new 8,200 TEU boxship

Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...

Singapore authorities away grounded container barge

Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
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