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Containers lost at sea at record low levels

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing a significant decrease to 221 boxes lost in...

GAC Group expands presence in New Zealand with Quadrant Pacific acquisition

GAC Group, a provider of shipping, logistics, and marine services in the Asia-Pacific market, has finalized an agreement to acquire Quadrant Pacific's agency business...

Crew of Houthi-hit Ukrainian ship evacuated as assaults on vessels intensify

Verbena, the general cargo ship that caught fire after being hit by two Houthi missiles on 13 June, has been abandoned by its crew...

Booming charter market driven by mid-sizes

The container market is on fire, according to Braemar which outlines the combination of geopolitical upheaval and market economics that is driving parts of...

Seafarer severely hurt in Houthi assault

A seafarer on a general cargo vessel was seriously injured after two Houthi missiles hit the ship on 13 June. The US Central Command (Centcom) said...

Larger container lines drive operational gains from ‘own terminals’ in India

As the Red Sea crisis remains a major drag on container supply chains, 'own terminal advantages' are believed to be benefiting the larger container...

U.S. container imports to surpass 2 million TEUs for next 7 months

The Global Port Tracker report, released jointly by the National Retail Federation (NRF) and Hackett Associates, forecasts that monthly inbound cargo volumes at U.S....

Liebherr Container Cranes completes major upgrade at Port Liberty in NY

Liebherr Container Cranes announced the successful completion of a significant upgrade project at Port Liberty (formerly Global Container Terminals) in New York. This project involved...

Posidonia 2024 sets attendance record in 55-year history

Posidonia 2024 made history as the most attended event in its 55-year history. Organizers are already fielding inquiries and pre-registration for the next event...

Descartes acquires BoxTop Technologies for US$13 million

Descartes Systems Group, the global leader in connecting logistics-intensive businesses in commerce, has announced its acquisition of BoxTop Technologies Limited (BoxTop), a leading provider...

Pier owner seeks to arrest MSC boxship after near-miss

An arrest warrant has been issued against one of Mediterranean Shipping Company's ships, MSC Michigan VII, after Charleston port officials accused the vessel of...

Shipping’s JIT failure that a five-year-old could understand

Benefits from just-in-time arrivals at the port are so obvious and easy to achieve that a five-year-old can understand it and yet the industry...

Most Popular

CMA CGM updates Asia peak season surcharges

The French carrier, CMA CGM Group, has announced an updated Peak Season Surcharge effective from 20 June 2024, until further notice. The surcharge applies to...

U.S. container imports to surpass 2 million TEUs for next 7 months

The Global Port Tracker report, released jointly by the National Retail Federation (NRF) and Hackett Associates, forecasts that monthly inbound cargo volumes at U.S....

Pier owner seeks to arrest MSC boxship after near-miss

An arrest warrant has been issued against one of Mediterranean Shipping Company's ships, MSC Michigan VII, after Charleston port officials accused the vessel of...

Asia-Europe spot rates could surpass US$20,000 per FFE

Spot rates have continued to soar this week, causing significant concern among shippers about how high these rates might climb. However, the reality is that...

OOCL celebrates maiden voyage of two new mega vessels

Orient Overseas Container Line (OOCL) is celebrating the maiden voyage of its latest two 24,188 TEU mega vessels, "OOCL Finland" and "OOCL Sweden." With these...