COSCO Shipping Lines is planning an implementation of a new General Rate Restoration for all shipments from Far East to Latin America & Africa ports with the new charges taking effect in June, according to ...
The Port of Savannah has announced it served the largest vessel to ever call the US East Coast on 26 May. The 16,000TEU container ship CMA CGM Marco Polo docked at the Port of Savannah's Berth 9, which is the l...
Yang Ming Marine Transport Corp. has announced the delivery of another new 11,000TEU container vessel, as part of an order of 14 same-size newbuildings and after the delivery of YM Target in February.
Th...
Environmental concerns following the cargo fire on board the Singaporean vessel X-Press Pearl last week has seen Sri Lanka’s Marine Environment Protection Agency (MEPA) banish the vessel from its waters.
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Freight indexes have become divorced from the reality of the market according to consultant Jon Monroe, who says that no index accurately represents the rate a shipper needs to pay to ship a container to the US...
Hapag-Lloyd has announced it will offer extra loaders connecting India, Bangladesh and Sri Lanka to the US North East ports due to significantly increased demand in the US.
The German carrier has publish...
COSCO Shipping Ports has announced the launch of its green finance framework, which has successfully passed the verification by Hong Kong Quality Assurance Agency (HKQAA).
The Hing Kong-listed operator h...
CMA CGM has ordered 12 LNG powered vessels and a further 10 conventionally powered ships from China’s state-run China State Shipbuilding Corporation (CSSC).
The carrier announced today that it has ordere...
Ocean Network Express (ONE) said that with vaccinations being rolled out across the globe the market conditions brought on by Covid-19 should ease, but the effect of virus mutations could yet destabilise the gl...
Sea Consortium, the parent of Singapore-based X-Press Feeders, has commissioned four 7,000TEU ships at Shanghai Waigaoqiao Shipbuilding (SWS), with the contract signing ceremony held in Shanghai on 23 April via...