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Latest industry related news items

Carriers quit Red Sea as Houthi drones strike

19/12/23

THREE of the world's largest shipping firms, MSC, Maersk and Hapag-Lloyd, say they were suspending passage through a Red Sea after Yemeni Houthi drone attacks.

Suez Canal fee hikes set to add to the pressure on Asia-Europe carriers

31/10/23

Container shipping lines are set to see another spike in costs next year after the Suez Canal Authority (SCA) announced that it would increase fees on northbound transits by 15%.

Shanghai nears 40 million TEU milestone once again

31/10/23

CHINESE port throughput increased 5.2 per cent in the first nine month year on year to hit 230.7 million TEU, reports London's Port Technology.

2M Carriers' Winter Schedules see more ‘blank’ sailings as demand freezes

11/10/23

2M alliance partners MSC and Maersk will revert to a reduced ‘winter schedule’ coverage for Asia–North Europe until December to mitigate the impact of falling demand and the continued erosion of freight rates on the route.

2M Carriers' Winter Schedules see more ‘blank’ sailings as demand freezes

11/10/23

CMA CGM appears on track to overtake Maersk in TEU capacity

13/09/23

JUST a few years ago, the notion that Maersk would drop to third place in the global container line rankings would have seemed implausible, but current data suggests that this will indeed be the forthcoming reality in the industry, reports container-news.

THE Alliance to raise capacity on Asia-North Europe service

13/07/23

CAPACITY on THE Alliance's FE3 Far East - North Europe loop is expected to increase, as Hapag-Lloyd and Ocean Network Express (ONE) will take delivery of four more 24,000-TEUers this summer, reports Alphaliner.

World's container shipping giants trigger shipbuilding boom

11/07/23

A CONTAINERSHIP building boom is underway as container shipping giants Maersk, Evergreen and CMA CGM place orders for up to 44 newbuilds valued at US$5 billion, reports Rotterdam's Offshore Energy.