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Most Visited - Newsletter

Port congestion shows strain on chaotic container market

Port congestion, particularly in northern Europe, is raising concerns of increasing delays and rising port charges as ports struggle to handle an increase in...

Trump halts strikes on Houthis in deal to secure Red Sea shipping lanes

In a move with significant implications for global trade, U.S. President Donald Trump announced a halt to American airstrikes on Yemen’s Houthi forces, following...

Maersk introduces new PSS from China and Hong Kong to African destinations

Danish ocean carrier Maersk has announced a new peak season surcharge (PSS) from China and Hong Kong to Kenya and the port of Dae...

Hapag-Lloyd swaps UK port of call on Caribbean Express Service

Hapag-Lloyd has announced a change in its Caribbean Express Service (CES), which connects the East Coast of South America and North America with North...

Hapag-Lloyd increases rates from Europe to Far East

Hapag-Lloyd has announced that its ocean tariff rates for Freight of All Kinds (FAK) rates from Europe to the Far East will increase. The updated prices...

Decoding CMA CGM’s Investments and Their Geopolitical Significance

In an era of mounting geopolitical tensions and fragmented trade corridors, CMA CGM is charting a bold course: investing heavily in both politically volatile...

Maersk ship awaits towing after engine room fire: Updated

A Maersk container ship remains immobile in the Atlantic Ocean following a fire in its engine room on 28 April. ...

Ports on High Alert as Strikes and Unrest Disrupt Global Shipping Routes

The global maritime system is under siege by a new breed of actors using low-cost weapons and hybrid tactics to destabilize key ports and...

Recession looms as tariffs turn trade upside down

Tariffs are driving global markets into recession, succumbing to the inevitable supply and demand imbalance as carrier capacity rises and demand diminishes. Shipping lines are...

ONE surpasses US$4.2 billion annual profit amid expanding container vessel fleet

Ocean Network Express (ONE) has reported exceptional financial results for the fiscal year ending 31 March 2025, marking a period of significant growth across...

COSCO SHIPPING Ports exceeds 35M TEUs, reports over US$380M in Q1 revenue

COSCO SHIPPING Ports has announced a total throughput of 35.75 million TEUs in the first quarter of 2025, translating to a 7.5% increase over...

KMTC-operated boxship and bulk carrier damaged in Vietnam collision

A feeder ship operated by Korea Marine Transport Company (KMTC) collided with a bulk carrier in Vietnam's Long Tau River, off Ho Chi Minh...

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Hapag-Lloyd revamps Africa structure with new four-Area setup

Hapag-Lloyd has decided to proceed with a strategic restructuring of its Africa organizational setup across the continent. The German shipping company will change its current...

Wan Hai christens new 13,100 TEU boxship

Wan Hai Lines held a ship naming ceremony for WAN HAI A19, accompanied by a charity event on 29 May at Samsung Heavy Industries...

Samskip commences UK-Rotterdam service

Samskip will offer a new direct connection between the United Kingdom and the Netherlands. The Rotterdam-based ocean carrier will launch a new shortsea container service...

Container lines report soaring earnings

Ocean carriers have reported strong first-quarter results, despite geopolitical challenges and an uncertain market environment. Nearly all major container lines (that officially publish their financial...
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