Logistics platform Raft successfully completed its Series B funding round, raising US$30 million. The funding round is led by global VC investor Eight Roads...

ONE giga container vessel arrives at Port of Hamburg

Container News Team - July 16, 2023 0

ONE Innovation, the largest container ship of the shipping company ONE - Ocean Network Express, arrived in Hamburg on 15 July. It is the first...

Hapag-Lloyd to apply congestion surcharge at port of Mersin

Ioanna Kontos - July 15, 2023 0

Hapag Lloyd has announced it will implement a congestion surcharge (CGD) for containers bound for the port of Mersin in Türkiye. The surcharge will be...

Rates & Surcharges

CMA CGM revises peak season surcharge from India West Coast to East Coast South America

Container News Team - July 14, 2023 0

CMA CGM has decided to revise the Peak Season Surcharge (PSS) from India West Coast to East Coast South America. The updated surcharge will be...

Port News

APM Terminals increases Costa Rica terminal security with new container scanners

Container News Team - July 14, 2023 0

The government of Costa Rica and APM Terminals Moin inaugurated two new container scanners to increase security for boxes leaving the terminal. The new equipment...

News

Senior vice president Tiitola steps down from Konecranes

Ioanna Kontos - July 14, 2023 0

Topi Tiitola, senior vice president of Integration and Project Management at Konecranes, has decided to leave the company. He will leave the Konecranes leadership team...

Rates & Surcharges

Container spot indices stem weekly falls momentarility-but too early to say the bottom is found

Container News Team - July 14, 2023 0

The Shanghai Containerized Freight Index (SCFI) put a strong weekly reversal to end at 979 points, an appreciation of 5.1% on a weekly basis....

Services

XPO launches new multimodal route in Europe

Container News Team - July 14, 2023 0

Global transportation company XPO has expanded its multimodal services with the opening of a new route between Santander in Spain and Liverpool in the...

News

Transworld Group and Fleet Management form new ship management firm

Ioanna Kontos - July 14, 2023 0

Transworld Fleet Management is a new ship management joint venture created by Transworld Group, a global shipping and logistics solution conglomerate and Fleet Management...

Port News

Jeddah Port sets new container record with over 470,000 TEUs in June

Ioanna Kontos - July 14, 2023 0

Jeddah Islamic Port achieved its largest container throughput in a single month in June, handling 473,676 TEUs, which is a 16% increase over the...

Asia-US container exports continue to decline

Ioanna Kontos - July 13, 2023 0

Container exports from ten major Asian economies to the United States reached 1,473,191 TEUs in June (based on volumes at ports of loading), according...

News

NYK JV trials electronic vehicle truck transportation in China

Container News Team - July 13, 2023 0

NYK Zhenhua Logistics (Tianjin) Co. Ltd. (NYK Zhenhua), an NYK joint venture (JV), will launch a demonstration test to examine potential issues involving a...

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Sticky News

Global Ship Lease receives affirmed credit ratings and stable outlooks

Wärtsilä to power major mining project in Pakistan

Folk Maritime expands South Red Sea service

Singapore launches first fully electric tug

Port of Hamburg to invest €1.1 billion

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