Container Shipping News

 

Xeneta: US Importers Caught in a Vicious Circle

Jun 12, 2024

Threat of strike action at US East and Gulf Coast ports may see importers accelerate efforts to protect ocean supply chains in a vicious circle of disruption in ocean freight container shipping.The International Longshoremen’s Association (ILA)…

Cargo Integrity Group Highlights Potentially Dangerous Cargoes

Jun 10, 2024

The Cargo Integrity Group has identified 15 cargoes commonly carried in containers that under certain conditions can cause dangerous incidents.The Group urges everyone handling these goods to follow all applicable regulations, the CTU Code and industry best practices…

World Shipping Council Welcomes New SOLAS Regulations

Jun 03, 2024

The World Shipping Council (WSC) has applauded the recent adoption of amendments to SOLAS at MSC 108. Starting January 1, 2026, these amendments will require mandatory reporting of all containers lost at sea, setting a new standard for maritime safety and environmental protection…

Maersk Raises 2024 Guidance on Strong Demand

Jun 03, 2024

Danish shipping group AP Moeller-Maersk on Monday raised its full-year profit guidance for the second time in a month on the back of strong container market demand and the crisis in the Red Sea.Maersk now expects its underlying earnings before interest…

Maersk Faces Significant Port Congestion in Asia, Mediterranean

Jun 03, 2024

Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish shipping group said in a statement on Monday.As a result of that congestion, the world's second-largest container shipping company…

Onne Multipurpose Terminal Welcomes its Largest Container Ship

Jun 02, 2024

Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has handled the Kota Cempaka – the largest container vessel to conduct full operations in Eastern Nigeria.Operated by Pacific International Lines (PIL)…

Singapore's Tuas Port to Add Three More Berths

May 30, 2024

Three new berths will start operations at Singapore Tuas Port later this year to tackle extended waiting times for ships after Red Sea shipping tensions boosted vessel arrivals, said Singapore's Maritime and Port Authority (MPA).The diversion…

Container Vessel Bunkered with Methanol During Cargo Operations

May 27, 2024

X-Press Feeders, Global Energy Trading Pte Ltd (GET), and PSA Singapore (PSA) have successfully completed the first simultaneous methanol bunkering and cargo operation (SIMOPS) in Singapore on May 27, 2024.The SIMOPS was conducted at the new…

Five Inducted into the International Maritime Hall of Fame in NYC

May 19, 2024

The Maritime Association of the Port of New York and New Jersey (MAPONY/NJ) has inducted five maritime industry leaders into its International Maritime Hall of Fame (IMHOF) at Chelsea Piers, Pier 61 in New York City.Celebrating its 30-year anniversary…

US Tariffs Expected to Cause Supply Chain Disruption

May 14, 2024

Global supply chains are braced for further disruption and increasing costs after US President Joe Biden announced new tariffs on Chinese imports on Tuesday.The tariffs will be imposed on a wide range of Chinese imports including semi-conductors…

ICTSI Invests in New Southern Luzon Gateway

May 12, 2024

International Container Terminal Services Inc. (ICTSI) is building a new international container terminal in Bauan, Batangas, Philippines. The new terminal will be the largest privately funded marine terminal investment in the country’s history…

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

May 02, 2024

Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the Red Sea, according to new data on the Xeneta Shipping Index (XSI®).The latest…

Nigeria Secures $600 Million Maersk Port Infrastructure Investment

Apr 28, 2024

Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency said in a statement on Sunday.The investment was secured during a meeting between President Bola Tinubu and Moller…

Maersk Mulls Baltimore Barge Service

Apr 24, 2024

Maersk may resume some shipping services at the Port of Baltimore when a temporary channel is opened to give access for commercially essential vessels that remain blocked by a collapsed bridge, the company said.'This channel, with a controlling depth of 20 feet…

ICTSI Manila Takes Delivery of New Quay Cranes

Apr 23, 2024

International Container Terminal Services, Inc. (ICTSI) has significantly upgraded its ability to handle foreign ultra-container vessels with the recent arrival of three new quay cranes at its flagship Manila International Container Terminal (MICT)…

Logistics News

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Oil Loading in Venezuela Crawls After New US Interceptions

Oil Loading in Venezuela Crawls After New US Interceptions

FMC Investigates Spain’s Restrictive Port Practices

FMC Investigates Spain’s Restrictive Port Practices

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