News
Container orderbook breaks more records
The giant containership orderbook – equivalent to the extant fleets of Cosco, Hapag-Lloyd, Evergreen and Ocean Network Express (ONE) combined – is settin...
DP World to build new multimodal terminal in Romania
DP World has announced the launch of the construction of its new multimodal logistics terminal in Aiud, Romania. The UAE-based port and terminal operator aims to...
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...
06 January 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 January 2025
Container freight rates tumble
08 February 2025