#Bali

MSC Partners with Valencia to Expand Med’s Busiest Container Port

Already the busiest container port in the Mediterranean and Spain’s leading Mediterranean port in terms of commercial traffic, Valencia is moving forward on a...

Could MSC Be Mulling a 2M Split?

Since August 2020, MSC Mediterranean Shipping Company brokers have completed the acquisition of nearly 250 second-hand containerships to usurp 2M partner Maersk...

Maersk Revamps Network for Shipping’s ‘New Reality’

Shipping Major Chinese export markets are showing signs of a recovery after the steep post-Golden Week holiday decline, led by a rebound in demand for intra-Asia...

Container Freight Downturn Seen Short-Lived

With container freight rates seen returning to pre-pandemic levels next year, the container shipping sector appears to be in for a tough year ahead. But limited grow...

MSC’s First Cargo Plane Delivered

The first aircraft in MSC’s new air cargo business has been delivered. Atlas Air, a subsidiary of Atlas Air Worldwide Holdings (NASDAQ: AAWW), announced the...

CMA CGM Containership Sets Record as Miami’s Largest to Date

PortMiami, while best known as the cruise capital of the world, is also continuing to enhance its cargo operations. Last week, on November 17, the CMA CGM Osiris (15...

Maersk 'test case' could shift balance of power in container shipping

Since the pandemic began, complaints of carrier misdeeds have circulated across the industry and around the globe. In the US, President Biden’s administrati...

Europe and US exporters cheer rate falls, but now face 'vessel pot-luck'

Backhaul container spot rates are experiencing significant drops, although North Europe and US shippers take “pot-luck” when nominating sailings due to t...

CMA CGM revises peak season surcharge from Europe to US East Coast

French ocean carrier CMA CGM has decided to revise its peak season surcharge from Europe to the United States East Coast. MORE NEWS : Container shipping...

Container shipping’s ‘big unwind’: Spot rates near pre-COVID levels

The billion-dollar question for container shipping markets at the beginning of 2022 was: “Party on or the big unwind?” It turned out to be the big unw...

CMA CGM Sees Abrupt Return to Normal for Freight Rates

French shipping giant CMA CGM has reported yet another huge quarterly profit, but uncertain economic conditions, normalizing trade flows and a sharp decline in freig...

Freight demand has not found the floor

Container imports, rail intermodal shipments and truckload demand have fallen from their lofty peaks during the pandemic era and may be a better indicator of how inf...

Carriers in ‘Panic Mode’ as China Bookings Plummet

Ocean carriers are said to be in “panic mode” as bookings from China to North Europe and the US west coast tank, causing FAK rates to plunge to new depth...

Maersk faces high-profile shipper complaint

Maersk is the latest carrier to face the ire of American shippers in a high-profile case that will spark greater debate about global carrier dominance in internation...

What to do with 18 shipping containers of rotting cabbages

Not many people would know what to do with 18 containers filled with rotting cabbages. But Jake Slinn does. The 23-year-old founder of JS Global operates in th...