Safetrans Line, the China-based Russia-focused liner operator, has cashed out on all four container ships. The Panamax vessels, SFT Egypt, SFT China, SFT Saudi and SFT...

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CN analysis: Container freight rates out of India begin to trend down after strong gains in July

Container News Team - August 29, 2024 0

Container freight rates on trades out of India have generally moderated in August with the exception of bookings to Europe, according to an analysis...

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ZIM’s mean ship size moves up with more larger vessels deployed

Container News Team - August 28, 2024 0

ZIM Line has caught up with its larger peers in terms of average ship size, according to Alphaliner’s report today (28 August). The Israeli carrier has...

Industry Opinions

Canada rail strike averted, but ILA action looms

Container News Team - August 28, 2024 0

The Canadian rail lockout of union employees that went into effect on Thursday and threatened to disrupt North American logistics lasted only eighteen hours. Friday’s...

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APMT Mumbai inks MoU with Jawaharlal Nehru Port Authority

Ioanna Kontos - August 28, 2024 0

In a significant step towards advancing Shore Power Supply (SPS) in the region, Gateway Terminals India (GTI), also known as APM Terminals Mumbai, has...

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Rates are on 12-month slippery slope, says Linerlytica

Container News Team - August 27, 2024 0

Freight rates will fall by 70% in the coming year according to Linerlytica, but Xeneta claim that for such a decrease to occur it would...

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Yang Ming buys more chartered ships

Container News Team - August 26, 2024 0

Taiwanese liner operator Yang Ming Marine Transport continues to expand its owned fleet by prematurely ending the charters of two 12,000 TEU ships. The company...

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OOCL unveils its last 24,188 TEU mega vessel

Ioanna Kontos - August 26, 2024 0

Orient Overseas Container Line (OOCL) celebrated the naming of its twelfth 24,188 TEU eco-friendly mega vessel, “OOCL Portugal,” during a ceremony at the Nantong...

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Bunkering operation on TS Lines ship causes Hong Kong oil spill

Container News Team - August 23, 2024 0

Parts of Hong Kong’s Kwai Tsing Container Terminals remain closed for clean-up operations after an oil spillage occurred on the night of 20 August. The spillage...

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Indian ports offer wage hikes to avert dockworker strike

Container News Team - August 23, 2024 0

Stakeholder efforts to avert a countrywide port strike in India seem to have begun. The Indian port administration advised dockworker unions, who have threatened to...

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MSC’s market share now nearly 20%, Maersk under pressure

Container News Team - August 21, 2024 0

MSC now has a market share of nearly 20% in the container the shipping industry, an all-time high for any liner operator. According to Alphaliner,...

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Yang Ming declares general average after YM Mobility fire at Ningbo Port

Ioanna Kontos - August 21, 2024 0

On 9 August 2024, a fire occurred near the bow of the YM Mobility at the Port of Ningbo. In response, Yang Ming declared...

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Most Visited - Newsletter

Capacity overload expected to send spot rates crashing

Maersk updates AE5 service route amid European Congestion

Heidmar enters container shipping

Sea-Intelligence reports increase in global schedule reliability

Hai An launches new service to Lianyungang Port

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