Yang Ming, Taiwan’s second-largest liner operator, has announced that its current chairman, Bronson Hsieh will retire on 1 October, and he will be succeeded by...

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Intra-Asia operator TS Lines’ profits soar on rising rates and falling costs

n.savvides - September 23, 2020 0

Strong intra-Asia volume growth has seen Taiwanese vessel operator TS Lines’ net profits for the first half of 2020 skyrocket totalling TW$1.5 billion (US$55.88...

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ZIM infiltrates Australian market with new service

Container News Team - September 23, 2020 0

ZIM is entering the Australian market with a new service connecting China with major ports in Australia. The new service, named China Australia Express (CAX),...

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Lines impose more rate increases on Asia trades

Container News Team - September 23, 2020 0

Hapag-Lloyd has announced a peak season surcharge (PSS) from Northeast Asia, which comprises China, China/Hong Kong, China/Macau and China/Taiwan, to Sydney, Australia taking effect...

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LNG-powered container ship enhances CMA CGM’s fleet

Container News Team - September 22, 2020 0

The largest LNG-powered container ship in the world, CMA CGM Jacques Saade has joined CMA CGM Group's fleet. The new flagship of the Marseille-based shipping...

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Congestion at North American terminals as Covid takes its toll

n.savvides - September 21, 2020 0

Carriers are reporting a number of pinch-points at US and Canadian ports as container volumes have increased to in excess of pre-pandemic levels while...

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CMA CGM raises Asia to Europe rates

n.savvides - September 21, 2020 0

CMA CGM has announced its intention to raise rates on the Asia to Europe trades from the 1 October. Freight of all kinds (FAK) will...

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Felixstowe congestion eased

n.savvides - September 21, 2020 0

Shipping lines are reporting that the UK Port of Felixstowe is again accepting returned empty containers by road, from 19 September, and will accept...

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Australian port congestion ongoing

n.savvides - September 21, 2020 0

In spite of the relief brought through the cancellation of imminent industrial action at DP World Australia’s (DPWA) terminal in Sydney congestion at a...

Industry Opinions

Woke lines playing the uneven field

n.savvides - September 19, 2020 0

Liner shipping companies have had a bumper year with profits in 2020 expected to exceed any year in the history of container shipping. All...

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FMC to investigate carriers’ runaway rates success

n.savvides - September 17, 2020 0

Following up on last week’s efforts by the Chinese Ministry of Transport to curb runaway spot rates, United States authorities have threatened to take...

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Transpacific bull run halted by Chinese Government

n.savvides - September 16, 2020 0

The Chinese government has put the brakes on runaway spot rates between the US and Asia preventing box rates on the Transpacific trade lane...

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Lidl’s ocean carrier strengthens its Asia service network

CMA CGM partners with Nike on first fully electric container barge in Vietnam

Hapag-Lloyd applies US$2,000/box rate increase on North America shipments

US-China tariff ceasefire sees bidding war for chartered vessels

Global Container Lines Rankings by TEU Capacity

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