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Maersk completes acquisition of Danish project logistics specialist

A.P. Moller - Maersk has completed the acquisition of Martin Bencher Group, a Danish project logistics expert with capabilities within non-containerised project logistics and...

MSC to link India with East Med with new service

MSC (Mediterranean Shipping Company) has included Jubail Commercial Port in Saudi Arabia in the port rotation of one of its shipping services connecting India...

Chittagong port authority, shippers are in a row over cargo palletisation

The port users, shipping agents, and the Chittagong Port Authority (CPA) are in a tussle over a recent instruction issued by the port authority...

Chinese ports boost container volumes; Shanghai, Ningbo and Shenzhen remain on top

Chinese ports have handled 270.6 million TEUs from January to November 2022, which represents a 4.2% increase compared with the same period in 2021. Additionally,...

Ocean Alliance unveils service network for 2023

Ocean Alliance, comprising CMA CGM, COSCO, Evergreen and OOCL, has announced its service network for the next year, which is expected to launch on...

Global container volumes start falling as historic growth cycle ends: BIMCO

Global container volumes seem to decline in recent months as the historic growth cycle comes to an end, according to BIMCO. From mid-2020, global container...

Major box carriers’ 2022 nine-month operating profit equals 2021 full-year results

Danish maritime data analysis company Sea-Intelligence reports that the major shipping lines, which publish their financial results, have achieved US$122 billion in the first...

Container carriers on newbuild ordering spree amid growing demand pressures

The global containership orderbook is swelling, despite weakening trade signs amid the dual headwinds of adverse geopolitical factors and rising inflationary pressures battling the...

Cosco pulls China-Canada-US express service

COSCO Shipping Lines has withdrawn its express China-Canada-US intermodal service that was launched in October 2021, as carriers continue to trim capacity to respond...

MSC announces new line connecting India with West Mediterranean

MSC will launch a new direct service, which will link India with the West Mediterranean, starting mid-December. The purpose of this direct connection between the...

Georgia Ports focuses on container shipping, transforming Ocean Terminal

The board of Georgia Ports Authority (GPA) has approved a plan to renovate and realign the docks at the Port of Savannah’s Ocean Terminal...

15 containers fall into water due to strong winds in Singapore

Some 15 empty containers at Keppel Terminal in Singapore fell from the wharf into the water due to strong winds during a squall on...

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Ukraine returns to Black Sea container market

The first cellular container vessel called the Ukrainian Black Sea ports on 21 April for the first time after the Russian invasion of Ukraine,...

Hapag-Lloyd introduces first dry container tracking tool

German ocean carrier Hapag-Lloyd has announced the launch of “Live Position”, its first dry container tracking product. The Hamburg-based company said that customers can now...

MSC begins new shuttle service between Asia and Mexico

MSC announced the launch of a new loop shuttle service, linking Asia and the West Coast of Mexico. This new service is expected to enhance...

Maersk and MSC ships suffer second Houthi attack after two weeks

Houthi rebels made repeat attacks on container ships owned by Maersk and MSC, nearly two weeks after those same vessels were targeted. On 24 April,...

CMA CGM announces new FAK rates from Asia to North Europe

CMA CGM, the French carrier, has announced new Freight All Kinds (FAK) rates effective from 15 May 2024 (loading date) until further notice as...