#Shipping Line
Port of LA's Container Volume Drops as Labor Troubles Loom
The Port of Los Angeles is a bellwether for American trade with Asia's manufacturing hubs, and its volumes have risen and fallen dramatically since the start of...
Mighty fall: Container line profits plummet from historic peak
China’s Cosco Group — the world’s fourth-largest container line operator with an 11% market share — finally closed its books on 2022 just as...
Fourth 24,000 TEU behemoth joins MSC’s fleet
The vessel is the fourth 24K TEU ship to be delivered to the company since the beginning of this year. It follows MSC Tessa, MSC Irina, and most recently MSC Celesti...
CMA CGM dominating the container charter scene this year
While Mediterranean Shipping Co (MSC) continues to dominate the container sale and purchase scene, it is Marseille’s CMA CGM which is topping the liner charter...
Breaking records: Another 24,000+TEU sea giant handed over to MSC
The vessel bears the name MSC Celestino Maresca and it was built by Hudong Zhonghua Shipbuilding for China’s Bank of Communications Financial Leasing (BoCom) o...
Matson to Convert Third Containership to LNG Fuel
U.S.-based shipping line Matson (NYSE: MATX) will convert the main engine on its container ship, the Kaimana Hila, to a dual-fuel ME-GI engine capable of running on...
Hapag-Lloyd: Our alliance is strong and stable
In January this year, container shipping giants MSC Mediterranean Shipping Company (MSC) and Maersk A/S, an entity under A.P. Moller – Maersk, revealed that th...
COSCO and China Merchants tipped to bid for stake in Hutchison Ports
The mix of the global container terminal operators is ready for a shake-up with multiple sources, including Reuters and Bloomberg, reporting PSA International is loo...
More Bad News for Ocean Carriers as Rate Erosion Continues
Ocean carriers are writing-off the first six months of this year, banking on a restocking demand boost in H2 to meet hugely downgraded full-year profit forecasts....
MSC shatters records with delivery of 24,346 TEU MSC Irina
Namely, the Swiss-based container shipping giant has welcomed into the fleet another giant 24,000 TEU vessel, MSC Irina, which was built by Jiangsu Yangzi Xinfu Ship...
Fewer Containerships in U.S. Waters Reveals Trade Slowdown
The number of container ships in US coastal waters has fallen to less than half of the count a year earlier, in the latest ominous sign of slowing global trade. T...
World's largest container ship delivered to its owner in Shanghai
The world's largest container ship, the MSC Tessa, was delivered to its owner in Shanghai, China on Thursday. The ship, developed by Hudong Zhonghua Shipyard...
MSC Containership Loses Empty Containers Overboard Off Bermuda
An MSC containership lost more than three dozen empty containers overboard in heavy weather. MORE NEWS : Forwarders locked into “sky high” r...
U.S. Container Imports Continue to Trend at Pre-Pandemic Levels
U.S. container imports in February continued to trend near pre-pandemic levels in 2019. Descartes Systems Group (Nasdaq: DSGX) reported today its import tally for...
New round of 'alliance musical chairs' could follow 'messy' 2M divorce
The looming break-up of the 2M Alliance, between MSC and Maersk, could be the catalyst for another round of ‘alliance musical chairs’, according to specu...
03 November 2024
‘It’s all happening again.’ The supply chain is under strain
08 November 2024
Global Freight Rises But Shows Signs of Weakness in U.S.
23 Oktober 2024
Arctic Shipping Route to See First-Ever Panamax Containership
18 Oktober 2024