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Port of Felixstowe welcomes world’s largest container vessel

One of the world's largest container ships, Ever Ace which is operated by Evergreen Marine, has made its maiden call at Hutchison Ports Port...

Free for all sees rates blow indexes out of the water

Freight indexes have become divorced from the reality of the market according to consultant Jon Monroe, who says that no index accurately represents the...

Insurers unimpressed with SCA’s public statements

Insurers of the impounded Ever Given vessel remained unconvinced by the public statements made by the Suez Canal Authority (SCA), which is claiming US$916...

South Korea’s Gwangyang port seeks international connections

Gwangyang, South Korea's second-busiest container port, has attracted seven new service routes in Q1 2021, raising hopes for a recovery in throughput. Affected by Covid-19,...

Box losses don’t stack up. Part One

Container stack collapses have seen a spike in recent months with vessels losing a combined total of around 5,762 containers from five major incidents...

Updated: Evergreen seeks to free cargo as SCA impounds Ever Given

Taiwanese sources say that Evergreen, the charterer of the Japanese-owned Ever Given which ran aground in the Suez Canal on 23 March, is seeking...

OCEAN Alliance launches Tianjin-Europe service

The OCEAN Alliance of COSCO Shipping Lines, Evergreen Marine Corporation and CMA CGM has launched a new service connecting the northern Chinese port of...

Evergreen initiates South Korea-Vietnam service

Evergreen is offering a direct service between South Korea and Vietnam, for the first time, with a new Korea-China-Vietnam (KCV) service starting mid-April. The Taiwanese...

Transpac rates hit US$17k as Ever Given effect plays out

Transpacific rates are once again flying high with eastbound volumes hitting the stratosphere with a US$17,000/FEU rate hitting the top rate for this week. Rates...

Legal threat to Ever Given crew as charterers declare GA

Evergreen, the charterer of the 20,388TEU Ever Given, which ran aground in the Suez Canal last week has declared general average as the costs...
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