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ZIM forecasts full-year losss in updated outlook

Israeli ocean carrier ZIM Integrated Shipping Services updated its guidance for the full year of 2023 and now expects to generate adjusted earnings before...

Hapag-Lloyd increases rates from Pakistan, India, and Bangladesh to North and South Europe

Hapag Lloyd has announced changes in its tariff rates from Pakistan, India and Bangladesh to North and South Europe. The updated rates will apply to...

Wan Hai ship withheld in Kaohsiung after hitting revetment

A Wan Hai Lines container vessel has been detained in Kaohsiung, Taiwan after it knocked into some revetment along one of the berths on...

Smart container fleet to expand six-fold over the next five years

The global telematics enabled container equipment fleet is forecast to grow six-fold over the next five years and account for 30% of global box...

ZIM and THE Alliance cut Transpacific capacity

ZIM Line and THE Alliance have withdrawn one Asia-US West Coast service each, helping to stabilise Transpacific rates when the Shanghai Containerised Freight Index...

ILWU US West Coast dockers to boycott diverted ships from Canada

In a show of solidarity with their Canadian counterparts, US West Coast dockers are refusing to handle cargoes diverted from the Canadian west coast,...

CMA CGM increases FAK rates from India and Pakistan to North Europe and Med

CMA CGM has announced an increase in Freight All Kinds (FAK) rates from India and Pakistan to all ports in North Europe and the...

Strike in Canadian ports delays MSC’s Chinook rotation change

MSC announced in June that its Chinook service will have the following port rotation from the 28th week of the year: Yantian (China) – Shanghai...

Salvage operation of Pangaon Express yet to begin

The charterer of the container vessel Pangaon Express could not start salvage operation of the ship, which sunk on 6 July after leaving Chittagong...

Container vessel sinks in Bangladesh waters

A boxship carrying 96 TEUs of containers sank during an intra-Bangladesh route from the port of Chittagong to the Pangaon Inland Container Terminal in...

COSCO financial figures plunge in 2023

COSCO Shipping Holdings estimates that it suffered significant decreases in profit in the first half of 2023, compared with the same period last year. According...

MSC builds 1 million TEU lead over Maersk

Mediterranean Shipping Company (MSC) has extended its capacity lead over Maersk Line, 1.5 years after surpassing its Danish rival as the largest liner operator. Following...

Latest Posts

Danelec earns DNV E27 cyber security approval

Danish maritime tech firm Danelec, has received the latest DNV E27 cyber security type approval for the innovative Onboard Insights solution, in order to...

BIMCO Shipping Number of the week: US grain shipments jump 9% despite Chinese tariffs

“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs...

Maersk announces PSS for Indian subcontinent and Middle East to U.S. East coast and Gulf

Maersk has announced a revised Peak Season Surcharge (PSS) set to take effect on August 1, 2025, for shipments moving from the Indian Subcontinent...

Chittagong port sees 4% growth in box handling in FY25

Bangladesh’s prime seaport, the Chittagong port, has attained 4.01% container handling growth in fiscal year 2024-25 that ended on June 30. (adsbygoogle...

COSCO joins methanol movers in container shipping

COSCO Shipping Lines has become the next mainline operator to deploy large methanol-propelled container ships, emulating green fuel pioneer Maersk Line, the South Korean...
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