#Freight Forwarding
Arctic Shipping Route to See First-Ever Panamax Containership
Russia’s main Arctic shipping route is slated to see its first Panamax container vessel this year. The 4,890-TEU box ship, Flying Fish 1, received a permit to...
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...
French shipping giant expects slump in cargo rates
CMA CGM SA, the world’s third-largest container line, is expecting a decline in ocean freight rates as new vessel deliveries gather pace, boosting capacity tha...
Hapag-Lloyd reports significant decline in Q1 financial results
German container shipping company Hapag-Lloyd concluded the first quarter of 2024 with revenues of US$4.6 billion and a Group EBITDA of US$942 million. Additionally,...
ACL, BG Freight Line and Peel Ports launch fastest ever container service between Ireland and North America
Shipping company ACL has announced a new container service, in partnership with BG Freight Line and Peel Ports Group, connecting Ireland and North America via a UK o...
Hapag-Lloyd Raises Lower End of Outlook on Strong Shipping Demand
FRANKFURT, May 15 (Reuters) – German container firm Hapag-Lloyd on Wednesday raised the lower end of its 2024 outlook amid rising demand and freight rates, but...
Maersk opens new Cross Dock facility in Europe
A.P. Moller – Maersk has inaugurated a specialized Cross Dock warehouse in Rotterdam on its Maasvlakte II terminal. Maersk expects the warehouse to accelera...
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...
06 Januari 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 Januari 2025
Container freight rates tumble
08 Februari 2025