#Distribution
MSC suspends two US services, rejigs others as tariffs hit Chinese imports
Mediterranean Shipping Co. has halted two services from China to the US and revamped other container services to the East and Gulf coasts as the Trump administration...
Emirates Shipping Line, Wan Hai to commence joint India-East Med service
Emirates Shipping Line and Wan Hai Lines will launch their new joint service, the India-East Mediterranean 2 (IM2) Service, on 1 June 2025, aiming to strengthen trad...
Red Sea Ceasefire Deal Sparks Concerns Over Potential Freight Rate Collapse
A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with industr...
Maersk expects no changes from US port fees
Danish container shipping line Maersk said it expects no immediate effect from a U.S. plan to slap steep port fees on Chinese ships. The plan to tax China’s...
MSC and ZIM downsize joint Far East-US East Coast service network
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust the capacity of their Far East-US...
US container imports see one of strongest Aprils ever
Shippers in April raced to bring in shipments ahead of steep tariffs, driving a surge in U.S. containerized imports. Imports rose 1.2% from March and 9.1% year on...
Transportation rates likely to surge during tariff pause
U.S. and Chinese officials have reached an agreement to roll back most recent tariffs and implement a 90-day truce in their trade war to facilitate further negotiati...
Container ship owners swamped as US-China trade detente revives demand
Container ship bookings for China-to-U.S. cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs last weekend, operators said,...
4 Remain Missing After Explosions Rock Singapore-Flagged Containership Off India
Four people remain missing after a major fire on a Singapore-flagged containership off the southwest coast of India. Multiple explosions and fires erupted aboard...
Maersk turns ships around to avoid Cape Town's port
The Port of Cape Town faces mounting congestion, compounded by adverse weather expected to disrupt operations further this week. Maersk, one of the key players in th...
Liner shipping profits forecast to slide by more than 80% this year
Liner shipping profits are forecast to slide by more than 80% this year. Analysts at Sea-Intelligence have calculated that the container shipping industry made a...
Hapag-Lloyd sends another seven vessels in for jumboisation treatment
German liner Hapag-Lloyd has earmarked another series of ships for jumboisation. Alphaliner is reporting seven vessels built around a decade ago have been heading...
Yang Ming Records US$2 billion in annual net profit
Taiwan's major ocean carrier Yang Ming Ming reported consolidated revenues of US$6.94 billion and a net profit after tax of US$2 billion, resulting in earnings p...
Drewry suggests new normal for higher global container rates
While ocean container rates have significantly retreated from pandemic highs, they still exceed pre-pandemic levels, an industry analyst finds, indicating what is li...
MSC shortens instra-Far East service
Swiss/Italian ocean carrier MSC has decided to drop Tanjung Pelepas, Subic Bay, Manila and Shanghai from its intra-Far East Origami service, according to DynaLiners....
05 April 2025
