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Dockworker strike threatens Indian cargo flows amid Red Sea-linked challenges

Indian government or so-called major ports are bracing for potential disruptions due to an indefinite strike threatened by dockworker unions. The declared industrial action is...

MSC, Hapag-Lloyd introduce more solo services ahead of alliance changes

MSC and Hapag-Lloyd have begun building up their capacity as both carriers prepare to leave their respective current alliances, according to Alphaliner’s report. MSC, which...

Sea-Intelligence analyses impact of potential ILA strike

The agreement between the US East Coast port workers’ union International Labour Association (ILA), and the terminals organization United States Maritime Alliance (USMX) expires...

Yang Ming reports US$730 million H1 profit, reflecting strong financial performance

Yang Ming reported second-quarter consolidated revenues of US$ 1.65 billion, translating to a year-on-year increase of 50%. The company’s after-tax net profit and EPS reached...

MSC vessel suffers blast in Colombo port

One of MSC container ships caught fire after an explosion in Sri Lanka’s Colombo port on 11 August. The incident of the 2006-built, 2,824 TEU...

HMM achieves growth in first-half revenue and profits

South Korea's major container line HMM has posted significant gains in first-half revenue and profits. In particular, HMM reported a year-on-year 18.6% growth in its...

Yang Ming vessel explosion reportedly linked to HMM-booked container

The container that exploded on Yang Ming's ship YM Mobility on 9 August was reportedly booked by the Taiwanese operator’s fellow THE Alliance member...

Shippers, carriers get ready for tighter customs rules at Singapore from September

Transport service stakeholders handling cargo movements via Singapore Port face a heightened operational challenge complying with a new set of customs rules due to...

Maersk announces changes in Far East Asia – Middle East services

Due to increased waiting times and congestion at terminals in South East Asia, Maersk has decided to implement seasonal schedules to mitigate delays and...

YM vessel explosion at Ningbo-Zhoushan port raises serious safety concerns

A major explosion has occurred on a Yang Ming boxship while berthed at the port of Ningbo-Zhoushan in China in another incident that raises...

Container explodes on Yang Ming ship in Ningbo

One of Yang Ming Marine Transport’s ships suffered an explosion today (9 August) around 1.40 pm local time, while berthed in Ningbo, China. Video footage...

Suez Canal restart won’t solve container shipping turbulence, warns Lars Jensen

Shippers should expect ongoing volatility in container shipping freight markets through 2025. According to Lars Jensen, CEO of Vespucci Maritime, even with operations resuming...

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Port of Antwerp-Bruges launches electric-built bike path

In the Antwerp port area, a new 350-meter bike path has been built using electric machinery, marking a significant step in maintaining cycling infrastructure...

Maersk, Hapag-Lloyd share finalised service maps, including Cape of Good Hope alternative

With around five months to launch, Maersk and Hapag-Lloyd have shared an update covering finalised service maps and how the network has evolved since...

HMM unveils its new investment strategy

HMM maps out a mid-to-long-term strategy to expand its business portfolio for future growth and proceed with global green initiatives. Under the sustainable growth plan,...

Latin America’s shipping trade: Key leaders and emerging followers

Latin America is undergoing a significant transformation in the maritime shipping industry, with several countries vying to become leading port hubs in the region....

Wärtsilä to develop Singapore’s next-gen vessel traffic system

Wärtsilä has secured the prototyping tender for the groundbreaking Next Generation Vessel Traffic Management System (NGVTMS) project, awarded by the Maritime and Port Authority...