Maersk has decided to upgrade its FI3 service, connecting Far East Asia with India Subcontinent, adding an extra container ship on the rotation. Maersk said...

News

DHL Supply Chain to open new distribution center in US

Container News Team - August 18, 2023 0

DHL Supply Chain, part of DHL Group, announced a new, 70,000m² distribution center in Violet Township, Ohio. The new distribution center in the United States,...

Port News

Port of Montreal announces interim president and CEO

Container News Team - August 18, 2023 0

The Montreal Port Authority (MPA) has announced that Geneviève Deschamps, current vice president of Finance at MPA, will be interim president and chief executive...

MSC withdraws from acquisition of Livorno’s container terminal

Antonis Karamalegkos - August 18, 2023 0

Swiss/Italian shipping company MSC has decided to withdraw its interest in buying Terminal Darsena Toscane (TDT) at the port of Livorno in Italy. Obstacles from...

Rates & Surcharges

CMA CGM applies new FAK rates from Europe to US East Coast and US Gulf

Container News Team - August 18, 2023 0

French ocean carrier CMA CGM has announced the following updated Freight All Kinds (FAK) rates from all ports in North Europe, including North France,...

News

HHLA records decline in revenues and profits in first half

Container News Team - August 18, 2023 0

Hamburger Hafen und Logistik AG (HHLA) has announced a drop in revenue and earnings in the first half of 2023. More specifically, revenue in the...

Industry Opinions

Amid record-low Transatlantic trade rates, shippers must seize opportunities before market rebounds: Xeneta

Container News Team - August 17, 2023 0

Spot rates on the Transatlantic front haul trade from North Europe to the US East Coast (USEC) are plummeting rapidly. According to Xeneta's platform...

News

Qatar’s QTerminals buys Kramer Group’s majority stake in Rotterdam

Antonis Karamalegkos - August 17, 2023 0

Qatar-based terminal operator QTerminals has signed a Sales and Purchase Agreement (SPA) with Kramer Group to acquire a majority stake in Kramer Holding B.V., a...

Port News

Saudi ports increase box throughput in July

Container News Team - August 17, 2023 0

Saudi Ports Authority (Mawani) reported a consolidated container volume of 753,496 TEUs in July, outpacing last year’s throughput in the same month by 19%. More...

Port News

Port Houston joins Portchain Connect Network

Container News Team - August 17, 2023 0

Port Houston uses Portchain Connect to increase the quality and speed of their berth alignment with customers through digital handshakes and secure data sharing. Portchain...

Services

OOCL introduces new service to connect Greece, Türkiye, Spain, and Morocco

Container News Team - August 17, 2023 0

COSCO-owned container line Orient Overseas Container Line (OOCL) will enhance its intra-European service network with a new route. OOCL will launch the brand new Türkiye...

Rates & Surcharges

Hapag-Lloyd increases rates from India’s West Coast to US West Coast

Container News Team - August 17, 2023 0

German ocean carrier Hapag-Lloyd has announced a new general rate increase (GRI) / general rate adjustment (GRA) from India's West Coast ports of Nhava...

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