#Bali

CMA CGM to start new service in West Coast Central America

CMA CGM has announced the launch of a new weekly service, MSX, dedicated to West Coast Central America. The French carrier said this initiative aligns with market...

US Gov’t set to spend $46 million to electrify container ports

Multi-million-dollar grants adding up to more than $46 million from the US Federal Highway Administration (FHWA) will help support electrification efforts at sever...

Shipping Giant Maersk Warns Red Sea Disruptions Could Continue Into 2025

Amid a lack of signs of easing the tensions in the Red Sea and the Suez Canal, disruptions to global shipping in the area could last into next year, the chief execut...

Uncertainty Looms Over Long-Term Container Freight Rates

Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow over...

Hapag-Lloyd introduces first dry container tracking tool

German ocean carrier Hapag-Lloyd has announced the launch of “Live Position”, its first dry container tracking product. The Hamburg-based company said...

MSC begins new shuttle service between Asia and Mexico

MSC announced the launch of a new loop shuttle service, linking Asia and the West Coast of Mexico. This new service is expected to enhance MSC’s network by...

ZIM overtakes Yang Ming in global liner rankings

Israeli ocean carrier ZIM received the 15,248 TEU container ship ZIM Mount Vinson on 3 April, the last unit in the series of 10 same-size vessels built by Samsung H....

Red Sea crisis forces operators to use more container ships, adding to emission concerns

The shipping industry's pledge to limit its carbon footprint may suffer a setback as the current Red Sea crisis prompts it to use more vessels and take longer ro...

Hapag-Lloyd, the most reliable ocean carrier in February

Following a period of uncertainty following the Red Sea crisis, a sense of stability has emerged in the ocean carrier schedule reliability, particularly with the nor...

HMM Lines Up Methanol and LNG Fuel Supply in Shanghai Port

South Korean ocean carrier HMM has inked a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG), China’s largest port operator, on t...

Intermodal container

Intermodal container An intermodal container, often called a shipping container, or cargo container, (or simply “container”) is a large metal crate de...

Container lines ‘struggling’ with port congestion and ship shortages

Container shipping lines are struggling to cope with congested ports and shortages of ships as the crisis in the Red Sea drags into a third month, one of the sector&...

Port of Los Angeles Reports Another Busy Month for Cargo Volumes

The Port of Los Angeles reported its ninth consecutive month of year-on-year growth, handling 770,337 container units in April 2024. This marks a 12% increase from t...

Maersk sets new bar with shipping’s first climate target validation

AP Moller-Maersk has achieved another industry first, having validated its decarbonisation targets to be in line with the Paris Agreement’s goal to hold the gl...

Container Prices Double, Leasing Rates Triple in China

The average container prices in China have reached their highest in two years, at US$3,600 this week for 40 ft high cube cargo-worthy containers in China. These p...