Monday, June 23, 2025
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Most Visited - Newsletter

Yang Ming vessel runs aground in Taiwan

One of Yang Ming Marine Transport’s container ships ran aground as it attempted to berth in Taiwan’s Keelung port on the night of 11...

Maersk vessel in convoy attacked by Houthis twice in 10 days

Another one of Maersk Line’s US-flagged ships has been targeted by Houthis. The 2004-built 2,500 TEU Maersk Saratoga was escorted by US warships out...

Asia-Europe ocean rates continue to climb on early LNY rush

Ocean rates from Asia to Europe and the Mediterranean increased last week, with prices of US$5,300/FEU to Europe approaching levels in the lead-up to...

Mainline operators still in five-year extraordinary profit cycle, thanks to Red Sea crisis

Alphaliner's report says that 2024 is on track to be the third most lucrative year in container shipping history despite the higher costs borne...

Bumpy rates in 2025 amid alliance resets and ongoing Red Sea challenges

The seasonal drop in container freight rates after Chinese New Year 2025 could be greater than in previous years, as it coincides with the...

OOCL, Yang Ming launch new China-Thailand service

Orient Overseas Container Line (OOCL) and Yang Ming have announced a new container service connecting China with Thailand. The new service will commence on 10...

More than 4,000 passengers stranded after MSC cruise ship malfunctions

The Taiwanese government has arranged special flights to bring more than 1,800 Taiwanese passengers home after an MSC cruise ship broke down in Naha...

Carrier alliance market shares set for shake-up

Since April 2017, the three-alliance structure comprising Ocean Alliance, THE Alliance, and the 2M alliance has shaped the shipping industry. After nearly eight years, this...

HMM giant boxship collides with oil tanker in Spain

South Korean flagship carrier HMM said that its 24,000 TEU ship, HMM St Petersburg, is operationally sound after colliding with an oil tanker near...

Indian port workers threaten indefinite strike as wage dispute escalates

The port workers in India have called for an indefinite strike across all major ports starting on 17 December, if the government fails to...

Asia – Europe rates climbing on December GRIs

Some frontloading ahead of a possible ILA port strike after January 15th and expectations of tariff increases next year have kept transpacific ocean rates...

CMA CGM, Maersk and COSCO vie for Transpacific dominance

CMA CGM, Maersk, and COSCO Shipping Lines are competing for the market lead in the Transpacific trade, according to Alphaliner. CMA CGM has regained the...

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