Transpacific container rates to the West Coast doubled last week on June 1st GRIs to US$5,488/FEU, with the latest daily rates above US$6,000/FEU as...

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Tariff pause sends valuation of six listed container carriers past US$10 billion

Container News Team - June 11, 2025 0

Six publicly-listed container carriers saw their market valuation exceed US$10 billion in May, as the Red Sea crisis plus windfall profits from the threat...

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Long term unpredictability forecast for container market

Container News Team - June 5, 2025 0

Shippers and forwarders should brace for prolonged disruptions in the container trade, with economists and industry experts expecting the US administration’s trade war to...

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Lidl’s ocean carrier strengthens its Asia service network

Antonis Karamalegkos - May 29, 2025 0

Lidl-owned Tailwind has decided to enhance its service network within Asia, with the Tiger Express Service (TEX) being expanded to include one call in...

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CMA CGM partners with Nike on first fully electric container barge in Vietnam

Antonis Karamalegkos - May 28, 2025 0

CMA CGM has proceeded with the decarbonization of river transport in Southeast Asia, launching the first fully electric container barge in Vietnam. The project was...

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Hapag-Lloyd applies US$2,000/box rate increase on North America shipments

Antonis Karamalegkos - May 28, 2025 0

Hapag-Lloyd has announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) from the Indian Subcontinent and the Middle East to North America. For...

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US-China tariff ceasefire sees bidding war for chartered vessels

Container News Team - May 28, 2025 0

Surging transpacific rates resulting from the paused US-China tariff war have reversed the correction in the boxship charter market, as previously relet vessels have...

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Global Container Lines Rankings by TEU Capacity

Giannis Nikolakis - May 27, 2025 0

In the dynamic world of global shipping, container lines are the arteries of international trade. The latest Container Lines Rankings by TEU capacity reveal...

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CMA CGM’s 2025 expansion: Commercial diplomacy in the service of western geostrategy

Alexandros Itimoudis - May 27, 2025 0

In a year marked by intensifying geopolitical competition in global trade, CMA CGM has undertaken a series of expansive initiatives that go well beyond...

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MSC Elsa 3 sinks off Kerala coast, triggers environmental alert

Alexandros Itimoudis - May 26, 2025 0

The Liberian-flagged container vessel MSC Elsa 3 has sunk approximately 38 nautical miles southwest of Kochi, raising serious concerns over a potential environmental hazard...

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ONE announces a new service rotation update

Alexandros Itimoudis - May 26, 2025 0

Ocean Network Express (ONE) is announcing an upcoming adjustment to our Japan Korea 1 (JK1) service, aimed at improving operational efficiency, service reliability, and...

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Brazil approves MSC’s Acquisition of Wilson Sons, paving the way for $1.35 billion deal

Alexandros Itimoudis - May 23, 2025 0

Brazilian regulators have given the green light to MSC’s planned acquisition of Wilson Sons, clearing the final regulatory hurdle and setting the stage for...

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