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Asia container exports to US surge in February

In February, container exports from 18 Asian countries and regions to the United States experienced a significant rebound compared to the previous year. According to...

Puerto Rico Ports Authority announces significant investment in terminal development

Puerto Rico governor Pedro R. Pierluisi, alongside officials from the Department of Housing and the Puerto Rico Ports Authority (PRPA), visited Trailer Bridge’s Army...

ABS boss foresees implementation of global carbon tax on shipping

ABS Chairman and CEO Christopher J. Wiernicki conveyed the imminent implementation of a universal, global carbon tax on shipping, highlighting the emergence of alternative...

One Equity Partners takes over Acteon Group

One Equity Partners (OEP), a middle market private equity firm, has acquired Acteon Group, a global marine energy and infrastructure solutions company. The financial terms...

Aponte’s MSC to acquire Italian newspaper group

Swiss/Italian shipping group MSC seems to be interested in buying Genoese newspaper group Secolo XIX, following the steps of its French competitor CMA CGM...

ONE targets market share with 2030 strategy

Singapore-headquartered Ocean Network Express (ONE) is looking to leapfrog its THE Alliance partner Hapag-Lloyd as the fifth largest carrier with a sustained fleet growth...

Hapag-Lloyd to increase freight rates from Asia to Latin America

German ocean carrier Hapag-Lloyd has announced an upcoming General Rate Increase (GRI) set to apply to shipments from Asia to the West Coast of...

ONE announces updated Transpacific network for 2025

Ocean Network Express (ONE) has announced its upgraded Transpacific service network, which will commence in February 2025. The carrier's Transpacific product comprises 16 primary services,...

Two bodies recovered in Baltimore bridge collapse

The bodies of 35-year-old Alejandro Hernandez Fuentes and 26-year-old Dorian Ronial Castillo Cabrera have been found and were recovered from waters beneath the collapsed...

Red Sea challenges lead to boxship drought for recycling yards

The Red Sea crisis and the higher freight and charter rates are discouraging owners from scrapping older boxships, resulting in a dearth of tonnage...

CN analysis: Freight rates on trades out of India on reverse track after Red Sea-driven upswing

Container freight rates on trades out of India have begun to cool after the Red Sea crisis-driven rocketing, according to the latest market analysis...

Yang Ming unveils enhanced 2025 Transpacific network

Yang Ming has announced its upgraded Transpacific service network for the next year, which will commence in February 2025. The Taiwanese ocean carrier said it...

Latest Posts

Emirates Shipping Line announces new service to Seattle

Emirates Shipping Line has announced its entry into the United States market with the launch of the Sun Chief Express service, a direct, fortnightly...

Port of Long Beach approves $833 million budget

The Long Beach Board of Harbor Commissioners has approved an $833 million budget for fiscal year 2026, nearly half of which will go toward...

Tykoflex and Kongsberg Discovery develop subsea infrastructure

Tykoflex AB and Kongsberg Discovery have announced a strategic partnership to advance the development of modular, intelligent, and secure subsea infrastructure. This will combine Tykoflex’s...

West Africa’s container shipping profile rises with MSC’s giant ships

For the first time, the Far East – West Africa trade has entered the top 10 container shipping routes where the largest ships are...

Kalmar secures order from Depot Management Finland

Kalmar has signed an agreement to deliver two next-generation empty container handlers to Depot Management Finland Oy. The order was recorded in Kalmar’s Q2 2025...
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