#World Wide Shipping
CMA CGM revises Mediterranean services
French ocean carrier CMA CGM has announced changes in three Mediterranean services aiming to strengthen its connections in the region. In particular, CMA CGM...
Suez Canal Authority Says Stability Returning To Red Sea
Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to ta...
Hapag-Lloyd Reports Strong 2024 Results Ahead of Gemini Launch
German container shipping giant Hapag-Lloyd has reported positive preliminary financial results for 2024, with increased transport volumes and stable freight rates d...
CMA CGM inks 2025’s largest ship orders to date
France’s CMA CGM is being widely tipped as the European owner mentioned in a release today by HD Hyundai Heavy Industries behind the biggest ship orders in the...
CMA CGM orders twelve 15,500 TEU vessels, narrowing gap with Maersk
French container shipping giant CMA CGM has sent a new order of 12 LNG dual-fuel container vessels to South Korea's shipyard HD Hyundai Heavy Industries. ...
Asia-US container rates decline in slack season
While the traditional slack shipping run-up to Lunar New Year has weakened container freight rates for services from Asia to both U.S. coasts, a slew of factors is w...
Container shipping’s reformation in full swing
MSC, the world’s largest container carrier by fleet size “can now operate as an alliance-free carrier,” the company reportedly claimed last month,...
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...
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...
05 April 2025
