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PortXchange appoints new account executive for North America

PortXchange has revealed its expansion into North America, marking a significant milestone for the company. They have also announced the appointment of Matt Swenson as...

CMA CGM updates FAK rates from Asia to North Europe

French container carrier CMA CGM has unveiled updated Freight All Kinds (FAK) rates, effective from 15 April (loading date), until further notice from Asia...

ClassNK, Nihon Shipyard and IMC team up to expand anti-roll tank application to large boxships

ClassNK has entered a collaborative research and development (R&D) agreement with Nihon Shipyard (NSY) and IMC aimed at ensuring the safety and performance evaluation...

Maersk announces new peak season surcharges in Africa

Maersk has implemented a Peak Season Surcharge (PSS) for all dry and reefer containers originating from North European and Mediterranean countries to Djibouti, starting...

Hapag-Lloyd boosts rates from Far East to North Europe and Med

German ocean carrier Hapag-Lloyd has announced increased ocean tariff rates for Freight of All Kinds (FAK) between the Far East and North Europe, as...

First containers for two years arrive in Odessa

A feeder service out of Constanta in Romania has delivered the first containers since Russia’s 2022 invasion of Ukraine to Chornomorsk port in what...

CMA CGM increases rates from Asia to Med and North Africa

CMA CGM has introduced updated Freight All Kinds (FAK) rates, effective from 15 April to 30 April, from all Asian ports to the following...

Batam opens first direct container shipping link with China

The Indonesian resort island of Batam has opened its first container shipping link with China, a move estimated by the municipal authorities to save...

ONE enhances Scan Baltic feeder service network

Ocean Network Express (ONE) has decided to proceed with enhancements to its Scan Baltic Feeder Services. According to the company's recent restructuring of its Scan...

X-Press Feeders signs green corridor deal with six European ports

X-Press Feeders, the world’s largest independent common carrier, signed a memorandum of understanding (MOU) with six European ports: Port of Antwerp Bruges (Belgium), Port...

Port of New York and New Jersey reaches 1.3 million TEUs in first two months of 2024

In February 2024, the Port of New York and New Jersey saw notable growth across various metrics, including total volume, imports, exports, rail, and...

ONE commences Irish Sea Express Service

Singapore-headquartered box line Ocean Network Express (ONE) has announced the launch of the Irish Sea Express Service (IRX), which is expected to offer customers...

Latest Posts

Econowind installs wind propulsion system on Uni-Tankers

Econowind has successfully installed four VentoFoils on the chemical tanker, operated by Danish shipping company Uni-Tankers. The ATEX-certified suction wing units were installed in just...

Stable demand outlook despite US trade policies: BIMCO’s Container Shipping Market Overview & Outlook June 2025

“We forecast a stable demand outlook for the container shipping sector in line with our previous report despite the uncertainties introduced by new US...

Yang Ming executive: Tariffs and Mid-East conflict to shape demand

Yang Ming's commercial chief Kevin Lee said at a marketing conference that US tariffs and Middle East tensions will affect demand for container shipping...

US considers easing Iran Sanctions, shipping industry eyes return in the Red Sea

A potential US pivot on Iranian oil sanctions could reshape shipping dynamics in the Red Sea, Strait of Hormuz, and beyond offering relief for...

Freightos: Transpacific rates falling sharply; Israel-Iran ceasefire could avert disruptions

Energy markets, global trade stakeholders and the international freight industry were bracing for Iran’s response to US strikes on its nuclear sites early this...
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