Container Shipping News


Maersk’s Rainbow Container Visits Sydney

Aug 10, 2023

Patrick Terminals unloaded one of Maersk’s rainbow containers at its Sydney AutoStrad on Wednesday.A.P. Moller - Maersk’s rainbow containers serve as symbols of the company’s stand on creating a culture where all employees, partners, and customers…

Swire Shipping Appoints SSA Terminals as Operator of Three US Terminals

Aug 02, 2023

Swire Shipping has appointed SSA Terminals as its container terminal operator for the ports of Seattle, Long Beach, and Oakland.The multi-year agreement complements Swire Shipping’s continued investment into the North American market, enhancing…

OCI Global and X-Press Feeders Sign Green Methanol Offtake Agreement

Aug 02, 2023

OCI Global will supply X-Press Feeders with OCI HyFuels green methanol for their newbuild methanol dual-fueled common feeder ships from 2024.The green methanol will be used to fuel X-Press Feeders’ upcoming dual-fuel vessels servicing European…

Container Rate Collapse Deepens as New Capacity Enters the Market

Jul 31, 2023

According to Xeneta’s Shipping Index (XSI), global long-term shipping rates sank to a two-year low in July, falling 9.5% since June, plummetting 57.8% since the same period in 2022. And just as rates hit a fresh low, the bad news for carriers…

Singapore Completes First Methanol Bunkering

Jul 27, 2023

Maersk and Hong Lam Marine have conducted the world’s first ship-to-container ship methanol bunkering operation of a Maersk’s container vessel at the Raffles Reserved Anchorage in Singapore.This was also Singapore’s first methanol bunkering…

North Carolina Ports Takes Delivery of New Chassis

Jul 18, 2023

In preparation for the launch of SACP 3.0, the North Carolina State Ports Authority (NC Ports) has welcomed the arrival of Consolidated Chassis Management’s (CCM) new build container chassis.Scheduled to begin in October, SACP 3.0, the next…

New Unified Container Inspection & Repair Criteria Published

Jul 17, 2023

The Unified Container Inspection & Repair Criteria (UCIRC) has now been revised to include inspection criteria for container depots and other container handover facilities to address pest contamination on and in containers.  The first edition of the UCIRC…

ONE Launches LUX Service

Jul 13, 2023

Ocean Network Express (ONE) has announced a new weekly service: Latin-East-Coast Europe Express (LUX) connecting Europe and the Mediterranean to the East Coast of South America.The LUX represents ONE’s first dedicated service connecting Europe…

Volvo Cars Switches to Biofuels for Ocean Freight

Jul 05, 2023

Volvo Cars has announced that it is switching delivery of its production material to container ships using renewable biofuel.The company will use renewable fuel for inbound ocean container transport of production material destined for manufacturing plants based in Europe and the Americas…

Mixed Fortunes on Far East to Europe Trades

Jun 23, 2023

With the peak ocean freight cargo season approaching, the latest data from Oslo-based Xeneta shows mixed fortunes, and outlooks, for the two main Far East to Europe trade corridors.Xeneta’s analysis reveals that shippers opting for the Far East…

Newport Shipping, NSB Group Tout Ship Widening Collaboration

Jun 19, 2023

Newport Shipping and NSB Group announced a plan to work together to develop their ship widening proposition for its customers. The NSB Group design will increase container capacity by up to 30% by implementing its unique widening concept, according…

ONE to Instal Telematic Devices on Reefer Fleet

Jun 19, 2023

Ocean Network Express (ONE) plans to install telematic devices on its reefer box fleet to provide customers with more comprehensive visibility of their cargo.The telematic devices will provide ONE with active monitoring data about temperature…

HMM Introduces Its First Direct Service Between Indonesia and Latin America

Jun 15, 2023

Hyundai Merchant Marine (HMM) has announced that its exclusive service connecting Far East, India and Latin America (FIL) made a maiden call in Tanjung Priok, Jakarta, on June 8.The FIL service was launched in December 2021, and the port of Jakarta…

Container Shipping Rate Collapse Continues

May 31, 2023

The ocean freight industry saw a slump in global long-term rates of unprecedented proportions in May, as the contracted cost of shipping containers fell by 27.5%. The development, detailed by Xeneta’s Shipping Index (XSI), marks the ninth consecutive month of rates drops…

ICTSI Breaks Ground on New Berth at Manila International Container Terminal

May 29, 2023

International Container Terminal Services, Inc. (ICTSI) has commenced construction of another berth at its flagship, the Manila International Container Terminal (MICT).To be built in phases, Berth 8 will add to the MICT’s capability to service foreign ultra container vessels of up to 18…

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