Friday, August 8, 2025
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HMM Oslo heads for Europe with a full load

HMM Oslo, the company’s second 24,000TEU ship, has left for Europe, according to a company statement on 31 May, with all its slots full,...

Updated: Feeling for the bottom of the recession

According to the Danish consultancy Sea-Intelligence the level of blank sailings has reached a “plateau” although there are now more than 500 cancellations in...

Stable rates as lines find the right balance

Six more blanked sailings over the past week mark the stabilising of the deepsea trades with demand now broadly matching available capacity, which has...

OOCL Q1 results a boost for lines or a portent of harder times to come

Initial results for the first quarter released by OOCL could be seen as a boost to lines, which it is generally agreed have manged...

Savvy lines act to protect cash flow

Shipping lines have learned the lessons of the substantial fall in demand experienced during the financial crisis in 2008/9 and have managed capacity in...

Demand to slump more than 4% in 2020

Global demand will decline by more than 4% over the course of this year if normal services are restored as we head into the...

Blanked sailings rise more than 400% in a week

Over the course of the next few weeks carriers will know what kind of losses they will make over the course of the year,...

Lines slash 20% of Asia-Europe capacity

Shipping lines operating on the trades between Asia and Europe have announced 45 blank sailings within the last week with the 2M Alliance cutting...

Lines race to reposition empties as China returns to work

The impact of the Covid-19 virus on the supply is waning fast according to Sea-Intelligence’s latest Spotlight newsletter, with the race now on to...

Catching the bug, carriers fight off COVID-19 crisis

Carriers are managing to avert financial crisis by maintaining rates as capacity management and shortages of equipment are forcing shippers to fight for space...
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IMO opens first pacific regional office in Fiji

The International Maritime Organization (IMO) has opened a new Regional Presence Office (RPO) in Suva, Fiji. This is the first IMO office in the...

SITC joins Sustainable Fuels Alliance

On 6 August 2025, at the 2025 Science-Based Targets Development Forum in Nanshan, Shenzhen, SITC Shipping President Ji Wenguang signed the Joint Initiative to...

SeaLead fleet disrupted by US sanctions

According to DynaLiners, Singapore-based SeaLead Shipping has been hit hard by the US Office of Foreign Assets Control (OFAC) decision to add around 50...

Goodrich to launch RSX1 Red Sea service

According to Saudi Arabia’s port authority Mawani, Mumbai-based logistics provider Goodrich will introduce a new Red Sea connection, coded RSX1. The service will deploy...
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