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SM Group reverses HMM takeover dream

Samra Midas Group, parent of HMM’s compatriot peer SM Line, has U-turned on its plan to acquire the state’s interest in South Korea’s flagship...

WCI incurs first decline in 7 weeks

The composite World Container Index (WCI) decreased 3.5% from the previous week to US$1,768.33 per FEU in Week 34, the first decline in four...

PSA introduces new leadership

PSA International announces that Mike Andaloro, CEO of PSA BDP and Sales and Operations, will retire after a successful and long career. "Serving BDP for...

CMA CGM implements new surcharge in Turkish port

Marseille-based container line CMA CGM will apply new port congestion surcharges (PCS) in the Turkish port of Iskenderun. CMA CGM will introduce a surcharge of...

July container volume down in Port of Melbourne

Port of Melbourne reported total container throughput, full and empty, in July 2023 were down against July 2022. More specifically, full container imports volumes were...

ZIM’s Oceania-Asia service network: Restructuring or Withdrawal?

While Haifa-headquartered ZIM has announced a "restructuring of its Oceania-Asia service network", the Israeli ocean carrier seems to withdraw from the specific trade lane. Trying...

Container lines see earnings plunge 90% in second quarter

After two very profitable years for the shipping lines, the market is shifting into a post-pandemic normality, as reported by Sea-Intelligence. More specifically, while the...

CMA CGM implements congestion surcharges in Turkish port

Marseille-based container line CMA CGM will apply new port congestion surcharges (PCS) in the Turkish port of Iskenderun. CMA CGM will introduce a surcharge of...

MSC revises rotations of Asia to North Europe/US services

MSC has announced the revision of the port rotation in two services from Asia to North Europe and the United States. The Swiss/Italian ocean carrier...

MSC nears a stake deal with PSA for Nhava Sheva Terminal

Mediterranean Shipping Co. (MSC Group) is reportedly moving close to striking a deal to pick up a minority stake in PSA International’s new terminal...

Evergreen temporarily loses ground in TEU rankings; ready to climb higher

Taiwanese ocean carrier Evergreen has lost the sixth spot in the global liner rankings by Singapore-headquartered Ocean Network Express (ONE), according to the latest...

Tankers collide in Suez Canal, awakening memories of Ever Given nightmare

Two tankers collided on the Suez Canal last night (22 August) blocking the canal traffic for a few hours. The Suez Canal Authority deployed tugboats...

Latest Posts

ZeroNorth integrates SMARTShip platform with ClassNK MRV Porta

ZeroNorth has announced a new integration between its SMARTShip platform and the MRV Portal operated by ClassNK, one of Japan’s leading classification societies. The...

Korean Register, Shipbuilders, and Korea Testing & Research Institute; partner

The Korean Register (KR) has formed a joint working group with leading shipbuilders and research institutions to establish international standards for the safe discharge...

Ocean Alliance members leads orderbook race

As the global container shipping industry pushes forward with expansion and modernization, the focus is shifting to the orderbook. Among the major players, Ocean...

Shippeo appoints new CRO and CMO

Shippeo, a leading provider of real-time multimodal transportation visibility (RTTV), has strengthened its executive leadership team with the appointments of Brandon Oliveri-O’Connor as Chief...

FourKites appoints new member to Strategic Advisory Council

FourKites, the global leader in AI-driven supply chain transformation, has appointed a new member to its Strategic Advisory Council, further strengthening its leadership team...
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