#Logistics

House passes defense bill with ban on Chinese shipping platform

The U.S. House of Representatives approved a defense spending bill on Friday that included a provision limiting China’s ability to monitor the flow of ocean co...

Secondhand boxship prices plunge

Secondhand boxship prices have dropped between 50% and 75% compared to a year ago, with Alphaliner predicting values could diminish further in the coming months....

Largest container ship on the planet, 'OOCL Piraeus', arrives at Perama

"We are proud that one of the largest container transport ships in the world carries the name of the largest Greek port, Piraeus, and will carry its glorious na...

Maersk takes delivery of first methanol-fuelled boxship

Maersk has signed and taken delivery of the world’s first methanol-fuelled container vessel, built at Hyundai Mipo Dockyard in South Korea. The vessel is no...

Smart container fleet expected to grow six-fold over the next five years

The global telematics enabled container equipment fleet is forecast to grow six-fold over the next five years and account for 30% of global box inventories by 2027,...

ZIM and THE Alliance cut Transpacific capacity

ZIM Line and THE Alliance have withdrawn one Asia-US West Coast service each, helping to stabilise Transpacific rates when the Shanghai Containerised Freight Index (...

Evergreen splashes out billions on 24 methanol dual-fuel newbuilds

Another one of the world’s top 10 carriers has joined the rush for methanol-powered ships. Evergreen has firmed up a much-awaited order for 24 methanol dual...

Container Throughput Index marks slight increase in May

Container Throughput Index of the RWI-Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) reached 123.4 points in May...

The case for offshore container ports

Container ports have evolved significantly since their inception in the 1950s. These ports, where ships dock in protected coastal waters and cargo is unloaded using...

NYK Joins Singapore-Based Maritime Decarbonization Initiative

SINGAPORE, July 4 (Reuters) – Japan’s leading shipping company NYK has signed a 5-year contract with the Global Centre for Maritime Decarbonisation (GCMD...

CMA CGM drops Containerships brand name

CMA CGM has dropped the Containerships brand, with all of the Finish subsidiary’s services coming under the unified CMA CGM name. The French liner giant acq...

MSC is Bleeding the Charter Market Dry

The containership charter market shows no sign of softening as it goes into the usually slack summer season, despite sea freight rates coming under pressure on sever...

A2B-online books multi-fuel containerships in Turkey

European shortsea container carrier A2B-online has revealed an order at Sedef Shipyard in Turkey for the construction of two 650 teu eco-design containerships. Th...

Container Shipping Industry Faces Unprecedented Slump in Long-Term Rates

The container shipping industry experienced a significant downturn in global long-term freight rates during the month of May, as the contracted cost of shipping cont...

Yang Ming orders five 15,500 TEU LNG dual-fuel vessels

Yang Ming and Hyundai Heavy Industries (HHI) have reached a shipbuilding deal for five 15,500 TEU LNG dual-fuel container ships. These new vessels will be deliver...