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Houthis alleged hits on three ships

Houthis continue to step up their attacks on ships in the Red Sea and have claimed assaults on three ships this week, including one...

Hapag-Lloyd launches new service linking Türkiye to the Red Sea

Hapag-Lloyd has announced a new service connecting Western Türkiye with the Red Sea, which is expected to start in mid-June. From 15 June 2024, the...

CMA CGM upgrades NWUK and SCUK services

CMA CGM has announced significant enhancements to their NWUK and SCUK services, which connect Spain via the port of Bilbao with Ireland, the UK,...

CMA CGM updates freight rates worldwide

CMA CGM, the French carrier, has announced Freight All Kinds (FAK) rates effective from 1 July 2024, for shipments originating from North Europe, West...

European container lines introduce Asia surcharges

Two major container shipping lines, Hapag-Lloyd and CMA CGM, have announced new Peak Season Surcharges for shipments originating from Asia. German ocean carrier Hapag-Lloyd revealed...

Yang Ming to join league of 24,000 TEU ships

Yang Ming Marine Transport’s management has hinted that the company will enter the league of 24,000 TEU boxship owners. Speaking at a shareholders’ meeting after...

CMA CGM hit with US$2 million fine by FMC

The United States Federal Maritime Commission (FMC) has entered into an agreement with French ocean carrier CMA CGM, after the investigations by the Commission’s Bureau...

2M alliance changes California terminal on Transpacific service

2M alliance has announced a terminal change on its TP 8/Orient service, a Transpacific service connecting Asia and the United States West Coast. As of...

Rates climb on early peak season and capacity stretched thin

Carrier adjustments due to Red Sea diversions – the use of more vessels travelling at faster speeds, together with heavier reliance on transshipment –...

Megamax fleet now forms half of global boxship fleet

The number of ships of 18,000 TEUs and above has exceeded 4 million TEUs, due to substantial orders during the Covid boom, according to...

Ellerman City Liners launches new China-Morocco-UK service

Ellerman City Liners, a UK shipping company, has announced a new container service connecting China with the United Kingdom and Europe. The ocean carrier will...

Carriers attempt rate hikes for India-US cargo despite persistent market challenges

Container lines on India-US trade have lined up a new round of rate increases for June even as market conditions remain increasingly challenging due...

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CMA CGM updates Asia peak season surcharges

The French carrier, CMA CGM Group, has announced an updated Peak Season Surcharge effective from 20 June 2024, until further notice. The surcharge applies to...

U.S. container imports to surpass 2 million TEUs for next 7 months

The Global Port Tracker report, released jointly by the National Retail Federation (NRF) and Hackett Associates, forecasts that monthly inbound cargo volumes at U.S....

Pier owner seeks to arrest MSC boxship after near-miss

An arrest warrant has been issued against one of Mediterranean Shipping Company's ships, MSC Michigan VII, after Charleston port officials accused the vessel of...

Asia-Europe spot rates could surpass US$20,000 per FFE

Spot rates have continued to soar this week, causing significant concern among shippers about how high these rates might climb. However, the reality is that...

OOCL celebrates maiden voyage of two new mega vessels

Orient Overseas Container Line (OOCL) is celebrating the maiden voyage of its latest two 24,188 TEU mega vessels, "OOCL Finland" and "OOCL Sweden." With these...