Schedule reliability dropped again, this time by 0.9 percentage points, month-to-month to 30.9%. This is the lowest ever global schedule reliability since the Danish...

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More schedule disruptions seen coming for Indian shippers

Container News Team - March 8, 2022 0

Schedule reliability is becoming a greater concern for Indian shippers as they scramble to find more vessel space necessary to hit fiscal year-end shipment...

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Russia bound containers make stockpile in Chittagong depots

Container News Team - March 7, 2022 0

Boxes and cargoes have started stockpiling in Chittagong depots and factory premises in Bangladesh as major shipping lines have stopped to send them towards...

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CMA CGM reports US$56 billion revenue, achieving 78% increase

Container News Team - March 7, 2022 0

CMA CGM Group has announced strong financial results in 2021, with revenue amounting to US$56 billion, which is up 78% compared to 2020. The French group's...

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Russia-Ukraine crisis threatens to strain Indian container trade outlook

Container News Team - March 3, 2022 0

Albeit an early measure of the impact, there is an emerging view that disruptions from the ongoing Russia-Ukraine conflict will cut into the pace...

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UK’s ban on Russian ships to affect US$23 billion trade

Container News Team - March 2, 2022 0

An analysis by the data and analytics company Russel Group has shown that US$23 billion (£17 billion) of annual Russian exports to the United...

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Asian countries cut container trade with Russia amid Ukraine invasion

Container News Team - March 2, 2022 0

Export-import trade between Russia and many countries in Asia has already been halted following Moscow’s last week’s invasion of Kyiv which raised severe concern...

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UK bans Russian ships from its ports, container lines suspend operations in Russia, as Ukraine war intensifies

Container News Team - March 1, 2022 0

The container ship Vayega Maersk, deployed on the Rotterdam - St. Petersburg, Russia service, is said to have been denied entry to Rotterdam and...

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COSCO launches two rail services connecting China with Laos and Germany

Container News Team - March 1, 2022 0

COSCO Shipping Logistics has started two international freight rail services, in cooperation with other Chinese players, which link China with Laos and Germany. Loaded with...

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US energy company suing COSCO and MSC over Californian oil spill

Container News Team - March 1, 2022 0

Liner giants COSCO and MSC are being sued by US pipeline operator Amplify Energy Corp. in relation to a massive oil spill resulting from...

Industry Opinions

VesselsValue: Newbuild Report 2021

Container News Team - February 28, 2022 0

2021 was a record-breaking year for the maritime industry. The spread of three major Covid-19 variants had substantial repercussions for shipping: labour shortages, port...

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Suez Canal tolls to rise on 1 March

Container News Team - February 28, 2022 0

The Suez Canal Authority has announced on 27 February that it will increase canal tolls by up to 10% for laden and ballast vessels. The...

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