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COSCO suspends Myanmar services

COSCO Shipping Lines (COSCON) has joined several major liner operators in curtailing calls to Myanmar as the recent military coup in the Southeast Asian...

Wan Hai expects tight capacity to continue this year

Wan Hai Lines expects another good year for the container shipping industry, after the Taiwanese carrier's 2020 net profit rose nearly fourfold amid tight...

Ottawa draws up Montreal Port strike contingency plan

Canadian media is reporting that Justin Trudeau’s federal government is drawing up plans to prevent strike action following the overwhelming rejection of the latest...

Maersk joins global methanol association

A.P. Moller - Maersk becomes the first container shipping company to join the Methanol Institute (MI), the global trade association for the Methanol Industry,...

Second update: Ever Given could block Suez Canal for days

Container shipping experts have said that it could be a "good while" before the Ever Given is freed from its position blocking the Suez...

Hapag-Lloyd unveils plans for sustainability note

Hapag-Lloyd AG plans to issue a sustainability-linked corporate senior notes of €300 million (US$356 million), which will comply with the principles of the International...

Industry majors enter partnership with Mærsk Mc-Kinney research centre

Vessel owner Seaspan Corporation has become the latest major maritime company to sign a partnership agreement with the Mærsk Mc-Kinney Møller Center for Zero...

ZIM breaks all time record income during pandemic

Zim has generated the highest net income in its 75-year history during the last year despite the outbreak of the pandemic, according to Eli...

Wan Hai and Evergreen use 2020 incomes on service development

Taiwanese liner operators Wan Hai Lines and Evergreen Marine Corporation will use massive 2020 profits, built on soaring freight rates, to develop their fleets...

Montreal dockers reject latest offer

Union sources say that dock workers at the Port of Montreal have rejected the latest offer made by the Maritime Employers’ Association (MEA) in...

ONE suspends Myanmar import bookings

Ocean Network Express (ONE) has decided to suspend import bookings into Myanmar immediately due to a number of difficulties caused by the coup in...

Maersk neopanamax suffers engine failure on the Pacific

The 13,100TEU container ship Maersk Eureka has suffered a damaged fuel pump, which led the crew to stop the main engine of the vessel...

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Flinders Port Holdings announces $350 million investment

Flinders Adelaide Container Terminal (FACT) is poised for a major transformation with an investment exceeding $350 million to boost its capacity and operational efficiency....

Port of Hamburg to invest €1.1 billion

Hamburg embarks on a transformative €1.1 billion investment in its port infrastructure, with a focus on expanding and modernising operations at the Waltershofer Hafen,...

Volatility returns to the Red Sea after new Houthis attack

In July 2025, the Red Sea remained a focal point of conflict driven by Houthi rebel activities, with significant military and economic implications. On July...

ABB and Royal Caribbean Group sign 15-year fleet service agreement

ABB has signed a 15-year fleet-wide service agreement with Royal Caribbean Group, expanding a decades-long partnership and reinforcing ABB’s role in advancing maritime performance...

How to Use a Freight Shipping Calculator Effectively

Today, the process of shipping is way more complicated than moving items from one place to another. Seeking the best possible routes and transport...
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