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MSC cargo lost in Maersk boxship stack collapse incident

At least 27 containers have been lost and 90 have been damaged from the 2011-built Maersk vessel, Seroja Lima, due to the heavy weather...

Wan Hai to start new Intra-Asia service in December

Wan Hai Lines has announced the launch of a China – East India Service V (CI5) service in December aiming to expand its networks...

Empty boxes in US and China lying in depots despite the shortage issues

Despite the urgent need for containers in China and the US, the average period that empty boxes spend in depots is 61-66 days, a...

Updated: ONE FP2 service suffers second stack collapse in a month

Ocean Network Express (ONE) has seen a second vessel suffer a stack collapse on its FP2 service due to severe weather conditions while on...

Soren Toft announces his arrival at MSC

After announcing his departure from AP Moller – Maersk a year ago former Maersk chief operating officer Soren Toft has finally taken up his...

Maersk could be in the market for new tonnage

Danish shipping line A.P. Møller - Mærsk will start its share buy-back programme today (1 December) acquiring up to DKK10 billion (US$1.6 billion) and...

Shipping rates in Europe and East Asia continue upward trend

The largest shipping lines of the world have announced new charges in the European and East Asian regions in December and into next year. Maersk...

Liner competition shifts focus to NVOCC’s

Today’s launch of CMA CGM’s SEAPRIORITY go and SEAPRIORITY get by CMA CGM reveals the confidence carriers have that the current surge in cargo...

Carriers move to mitigate Tianjin reefer bottleneck

Major liner operators are imposing congestion surcharges for reefers bound for Tianjin port, as Chinese authorities step up Covid-19 checks on frozen food imports,...

Klinge Corp plans to ramp up reefer production

US based reefer container specialist the Klinge Corporation to ramp up production as demand for specialist low temperature containers is expected to grow with...

Updated: Grounded vessel in Suez Canal refloated

Hapag-Lloyd confirmed that the Al-Muraykh ran aground this morning in the SUez Canal while on, however the vessel has now been refloated and the...

FMC turns spotlight on alliances

In a bid to crackdown on possible violations of competition regulations, the Federal Maritime Commission (FMC) has taken steps to toughen its oversight of...

Latest Posts

Wärtsilä to power major mining project in Pakistan

Wärtsilä has landed a major contract to supply a 204-megawatt power plant for the Reko Diq copper-gold mining project in Pakistan. The plant will...

Everllence reaches landmark ME-GI engine

Everllence CEO Dr Uwe Lauber presented Hapag-Lloyd CEO Rolf Habben Jansen and Managing Director Fleet Silke Lehmköster with a commemorative plaque celebrating Hapag-Lloyd’s purchase...

ABS approves new floating turbine

American Bureau of Shipping (ABS) has granted an approval in principle (AIP) to Hanwha Ocean for its newly designed floating wind turbine platform. The concept,...

Bilbao Port Authority launches new train planning and tracking service

The Bilbao Port Authority has introduced a new telematic service within its e-puertobilbao platform, specifically designed to enhance train operations at the Port of...

Tariff deadline delay creates more market uncertainty

Continued uncertainty over the enforcement of US tariffs has unsettled the markets again as the Trump administration delays import duties until 1 August but...
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