#Shipping
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...
Container ship
A container ship (also called boxship or spelled containership) is a cargo ship that carries all of its load in truck-size intermodal containers, in a technique call...
MSC working with Suez Canal Authority to identify cause of grounding
A huge MSC Mediterranean Shipping Company container ship spent several hours aground in the Suez Canal on Sunday. Traffic was able to keep transiting the canal du...
Panama Canal Sees Falling Cargo Volumes Ahead
PANAMA CITY, March 8 (Reuters) – The amount of cargo passing through the Panama Canal is expected to shrink this fiscal year, the canal’s top authority s...
French shipping giant CMA CGM warns demand is deteriorating
French shipping giant CMA CGM SA, controlled by the billionaire Rodolphe Saade and his family, warned of a steep drop in demand so far this year, extending a slump t...
CMA CGM Sees Container Shipping Slowdown Continuing in 2023 Reuters
March 3 (Reuters) – CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the current year, the French transport and shipping g...
Australia Bans MSC Containership for 90 Days: AMSA Calls Out Operator Over Repeat Offenses
The Australian Maritime Safety Authority (AMSA) has banned a Mediterranean Shipping Company (MSC) containership from entering Australian ports over maintenance and s...
Rumble in Long Beach: Shippers ‘Back for Blood’ as Container Shipping Contract Season Kicks Off
LONG BEACH, Calif., Feb 27 (Reuters) – Collapsing ocean shipping rates are not all good news for U.S. retailers, who paid as much as $20,000 to move a containe...
Port of Vancouver Set for Big Boost in Container Handling Capacity
The Port of Vancouver is set for a big boost to its container handling capacity following a project to expand DP World’s Centerm Terminal. The Vancouver Fra...
MSC, Transworld and Sinokor sell unwanted container ships for recycling
Two years after MSC Mediterranean Shipping Company sold the container ship MSC Giovanna (built 1987) to Niki Shipping and bareboat chartered it back, the 2,098-teu v...
01 September 2024
Container Prices Double, Leasing Rates Triple in China
04 September 2024
Maersk sets new bar with shipping’s first climate target validation
06 September 2024
Port of Los Angeles Reports Another Busy Month for Cargo Volumes
09 Agustus 2024