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More than 4,000 passengers stranded after MSC cruise ship malfunctions

The Taiwanese government has arranged special flights to bring more than 1,800 Taiwanese passengers home after an MSC cruise ship broke down in Naha...

CMA CGM, Maersk and COSCO vie for Transpacific dominance

CMA CGM, Maersk, and COSCO Shipping Lines are competing for the market lead in the Transpacific trade, according to Alphaliner. CMA CGM has regained the...

MSC completes its investment in Hamburg port

Port of Hamburg Beteiligungsgesellschaft SE, a subsidiary of the MSC Group, has announced the successful completion of its voluntary public tender offer for shares...

Sinokor sells two of six newbuildings to MSC for profit

South Korean ship owner Sinokor Merchant Marine has sold two of the six 8,000 TEU ships, ordered at HD Hyundai Heavy Industries (HHI), to...

MSC introduces congestion surcharge in Mozambique

Due to ongoing congestion at the Port of Beira in Mozambique, which has created challenging operational conditions, MSC will implement a congestion surcharge. This surcharge...

MSC changes USA to SAEC service rotation

Swiss/Italian box line MSC has announced adjustments to its USA to SAEC service, which connects the United States with the East Coast of South...

Leading Port Operators’ Influence Goes Beyond Global Trade

Port and terminal operators play a pivotal role in the global shipping industry. The largest terminal operators, with their strategic control over key ports...

MSC unveils enhanced East/West service network

MSC announced that its standalone East/West network services will be upgraded with additional port calls to enhance connectivity between Asia, Europe, the United States,...

MSC and ZIM to embark on new slot-sharing agreement post-2M

MSC and ZIM have filed a new slot-sharing agreement with the US Federal Maritime Commission (FMC) about their Far East-US East Coast services. According to...

MSC and Eni sign decarbonization agreement

Eni CEO Claudio Descalzi and MSC Group President Diego Aponte have signed a memorandum of understanding to collaborate on sustainability and energy transition initiatives. Eni,...
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Syria’s shipping profile: Navigating sanctions and seeking growth

Amid significant geopolitical shifts in the Middle East, Syria's shipping profile will soon become a key concern for global shipping stakeholders due to the...

Asia-Europe ocean rates continue to climb on early LNY rush

Ocean rates from Asia to Europe and the Mediterranean increased last week, with prices of US$5,300/FEU to Europe approaching levels in the lead-up to...

Mainline operators still in five-year extraordinary profit cycle, thanks to Red Sea crisis

Alphaliner's report says that 2024 is on track to be the third most lucrative year in container shipping history despite the higher costs borne...

Hapag-Lloyd increases rates from Middle East & Indian Sub to North America

German ocean carrier Hapag-Lloyd has announced that a General Rate Increase (GRI)/General Rate Adjustment (GRA) will be introduced for shipments from the Indian Subcontinent...