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Crew kidnapped off the coast of Benin

Five crew members including the Captain have been kidnapped from a Pacific International Lines (PIL) vessel 150 miles southwest of Cotonou Benin. The attack occurred...

Reduced costs boost STC profits

As Covid-19 continues to disrupt markets around the world, ocean carriers are reducing capacity and sailing speeds. With sailing options reduced, especially on Asia-Europe...

Foolhardy forecasts and trading places

Even as some 21 states postpone the roll back on plans to ease their lockdown regimes and the International Maritime Fund (IMF) has revised...

COSCO unit launches Jinzhou-Hainan service

COSCO Shipping Lines and its intra-Asia unit, Shanghai Pan Asia Shipping, have launched a service connecting Jinzhou port in China’s north-eastern Liaoning province, to...

DSV to build the Europe’s largest logistics centre

Transportations and logistics company DSV has unveiled plans for a US$300,000 investment in a new logistics centre in Horsens, Denmark, which is expected to...

China-Europe rail freight boosted by pandemic

China-Europe freight trains saw their busiest month to date, with 976 trains launched in April, a 47% year-on-year increase, increasing in popularity as the...

Covid-19 strikes MSC Flavia crew

Nearly half the crew manning the 12,400TEU MSC Flavia have tested positive for Covid-19 in Ningbo, China. The Centre for Health Protection (CHP) in Hong...

CMA CGM invests in Africa logistics

The French shipping group CMA CGM said it sees potential in the African market and economy and it will develop its presence on the...

Westports takes Oracle and Bank of America to court

Westports Holdings Berhad’s wholly-owned subsidiary, Westports Malaysia Sdn Bhd (“Westports”), has commenced legal proceedings against Oracle Corporation Malaysia Sdn Bhd (“Oracle”) and Bank of...

ZIM orders 500 new MCI reefers

ZIM Integrated Shipping Services has expanded its reefer fleet with an additional 500 Star Cool reefers from Maersk Container Industry (MCI), which are expected...

SIPG and THE Alliance test fast-track container processing at Yangshan

Shanghai International Port Group (SIPG) and THE Alliance have entered into an agreement to test out onshore container drop-offs for cargoes bound for Yangshan...

Navios boxhsip loses three containers off Western Australia

The Australian Maritime Safety Authority (AMSA) has confirmed that a Liberian-flagged container vessel, Navios Unite, has lost three containers off Cape Leeuwin in Western...

Latest Posts

IMF downgrades 2025-26 World Trade Growth projections

The International Monetary Fund (IMF) recently released the January 2025 update to its World Economic Outlook (WEO), originally published in October 2024. This update includes...

CMA CGM applies new rates from Indian Sub to North Europe and Med

New CMA CGM Freight All Kinds (FAK) rates will be applicable starting 1 March 2025 (gate-in date) and will remain in effect until further...

US and India Deepen Defense and Trade Ties to Counter China’s Influence

The United States plans to ramp up military sales to India from 2025, including the provision of F-35 fighter jets, according to US President...

Kuehne+Nagel, Acer Europe renew decarbonization partnership

Kuehne+Nagel has renewed its strategic partnership with Acer Europe to further decarbonize sea freight through the use of biofuel. In its third year, the collaboration...

Graffiti on Containers: A Vivid Fusion of Art and Industry

Imagine a row of industrial shipping containers, their once uniform and metallic surfaces now bursting with color. Each container is a canvas, covered from top...
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