CMA CGM informs its customers of the following Peak Season Surcharge (PSS04) update: Effective 16 August 2024 (gate-in date) until further notice, a PSS of...

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CMA CGM introduces PSS from the Med to North America

Ioanna Kontos - August 20, 2024 0

CMA CGM, the French carrier, has announced a Peak Season Surcharge (PSS02) effective from 15 September 2024 (gate-in date for the US, loading date...

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Nhava Sheva Port temporarily averts transport strike that threatened rising cargo flows

Container News Team - August 20, 2024 0

In a big relief for Indian exporters and importers, a three-day work stoppage that container transporters planned to begin today (20 August) at Nhava...

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ZIM posts improved financial results amid increased volumes

Ioanna Kontos - August 19, 2024 0

ZIM Integrated Shipping Services has released its consolidated financial results for the three and six months ending 30 June 2024. In the second quarter of...

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MSC restarts Far East-Australasia service as rates head north

Container News Team - August 19, 2024 0

As Far East-Australia rates have been going up, Mediterranean Shipping Company will relaunch the North Asia-ANZ Wallaby service today (19 August). The service connects Hong Kong, Yantian, Xiamen,...

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PIL expands fleet with five 13,000 TEU LNG container vessels

Ioanna Kontos - August 19, 2024 0

Pacific International Lines (PIL) is advancing its fleet renewal program with an order for five new 13,000 TEU container vessels, each equipped with liquefied...

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Hapag-Lloyd raises rates from Asia to Latin America

Container News Team - August 16, 2024 0

German container line Hapag-Lloyd has announced a new General Rate Increase (GRI) from Asia to the West Coast of South America, Mexico, Central America...

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

Container News Team - August 16, 2024 0

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...

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

Container News Team - August 14, 2024 0

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...

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Sea-Intelligence analyses impact of potential ILA strike

Antonis Karamalegkos - August 14, 2024 0

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

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

Giannis Nikolakis - August 13, 2024 0

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...

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MSC vessel suffers blast in Colombo port

Container News Team - August 13, 2024 0

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...

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