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FMC Announces New Reporting Requirements for Ocean Carrier Alliances

The three global ocean carrier alliances and each of their member companies will now be required to provide pricing and capacity information to the Federal Maritime...

NYK Orders Six LNG Carriers for Long-Term Charter to CNOOC

Japanese shipping company NYK has announced its first long-term time charters with China’s state-owned China National Offshore Oil Corporation, or CNOOC, for s...

Maersk in talks with buyers for stake as quits Russia

Maersk (MAERSKb.CO) has found possible buyers for its stake in Global Ports Investments (GLPRq.L), which operates ports in Russia as it withdraws from...

Qatar Cargo provides future freighter insights

Qatar Airways provided customer insight that helped Boeing and Airbus to fine-tune the cargo specifications of the new B777-8 freighter and its Airbus challenger, th...

MSC outmuscles Maersk on the Asia-Europe tradelane

Mediterranean Shipping Co (MSC) has overtaken 2M partner Maersk as the largest carrier on the Asia-Europe tradelane in terms of tonnage deployed according to new ana...

COSCO Shipping Ports enjoys profit boom in 2022 first quarter

COSCO Shipping Ports (CSP) has achieved significant year-on-year increases in both revenues and profits during the first quarter of the year, reporting US$329.7 mill...

TT Club: Improper Shipping of Li-Ion Batteries Puts Vessels at Risk

The international insurer TT Club is calling for increased vigilance in shipments of lithium batteries to help curb a troubling increase in cargo fires. Recently,...

UWL and Swire Shipping partner on “fastest” service between Vietnam and US

The American-owned Non-Vessel-Operating Common Carrier (NVOCC) and provider of global 3PL services, UWL has contracted with Swire Shipping, a multi-purpose liner ser...

Feng Boming leaves Cosco Shipping Ports

Hong Kong-listed terminal operator Cosco Shipping Ports announced that Feng Boming has resigned as its executive director and chairman to take up the position of dep...

Swire Shipping buys Westwood Shipping Lines

SSPL US, an affiliate of Singapore-based Swire Shipping, is buying US-based Westwood Shipping Lines from J-WeSco, a subsidiary of The Sumitomo Warehouse Co. &ldqu...

CMA CGM Opens Transportation and Logistics Tech Incubator in Arlington, Virginia

French container shipping group CMA CGM has opened it’s new startup incubator in Arlington, Virginia that will focus on developing technologies within the tran...

Hapag-Lloyd to equip entire container fleet with real-time tracking devices

Hapag-Lloyd has decided to equip its entire container fleet with real-time tracking devices, after successfully introducing real-time monitoring for its reefer fleet...

MSC orders 20 boxships in Asia

In its latest weekly report, Clarkson Research Services carries news of a bumper set of orders in Asia by Mediterranean Shipping Co (MSC), the world’s largest...

To Ease Supply Chain Delays, Christie’s and the Shipping Company Crozier Are Teaming Up to Open New Sea Freight Routes

Can a new partnership between the auction house Christie’s and the shipping company Crozier help ease the supply-chain woes caused by the pandemic and Rus...

OOCL puts on full sail for Asia-Europe market growth in 2022

OOCL’s first-quarter operational numbers not only confirm the unflagging colossal profitability of the liner industry, but also reveal the Hong Kong-based carr...