Container Shipping News

 

Van Oord JV Awarded Dredging Project at Port of Burgas

Nov 30, 2023

Cosmos Van Oord, a joint venture (JV) of Cosmos Shipping and Van Oord, has been awarded a dredging project at Port of Burgas, the biggest port in Bulgaria.The project is part of the construction of a new deep-water berth at terminal Burgas-West in the Port of Burgas…

Xeneta Data Points to "Brutal" 2024 for Ocean Freight Carriers

Nov 30, 2023

Latest data from Xeneta suggests 2024 could be even more brutal than expected for carriers in the ocean freight shipping market, as the Xeneta Shipping Index (XSI), which tracks real-time developments in global long-term contracted rates, today stands at 158…

ONE Launches West India North America (WIN) Service

Nov 28, 2023

Ocean Network Express (ONE) has announced a new West India North America (WIN) service which connects India’s west coast and the US east coast.  India has been playing an increasingly important role in world trade, with an export volume of approximately…

ZIM Announces Rerouting of Some Vessels

Nov 27, 2023

Israel-based container shipping company ZIM Integrated Shipping Services has reaffirmed its continued commitment to serve the East Mediterranean and Israeli ports.The message comes after incidents in the Red Sea where militant groups have indicated the desire to disrupt Israeli shipping movements…

Record Container Ship Call Made to PNG

Nov 22, 2023

South Pacific International Container Terminal (SPICT) and Motukea International Terminal, International Container Terminal Services, Inc.’s (ICTSI) operations in the ports of Lae and Motukea respectively, established a record as they welcomed…

OOCL Reports Scam Risk

Nov 15, 2023

Orient Overseas Container Line (OOCL) has reported that there is a suspicious investment software in the market that is using the OOCL logo without authorization.The software claims to offer high returns on investments. However, OOCL has no…

Australia Says DP World Cyber Incident 'Serious'

Nov 12, 2023

The Australian government on Sunday described as 'serious and ongoing' a cybersecurity incident that forced ports operator DP World Australia to suspend operations at ports in several states since Friday.DP World Australia, which manages nearly half of the goods that flow in and out of the country…

Greek Owners Top Global Cargo Carrying Capacity

Nov 08, 2023

BIMCO’s Chief Shipping Analyst, Niels Rasmussen, has revealed that Greek and Chinese shipping companies now own 34% of the global fleet’s cargo capacity, with Greek owners leading on cargo capacity.“The global fleet of cargo carrying ships consists of around 61…

ONE Acquires Terminals on US West Coast and in Rotterdam

Nov 06, 2023

Ocean Network Express (ONE) has obtained regulatory approval and completed its acquisition of a 51% stake in each of TraPac LLC and Yusen Terminals LLC (YTI), and a 20% stake in Rotterdam World Gateway (RWG).TraPac and YTI are container terminal…

Container Shipping Fleet gets 'Long in the Tooth'

Oct 26, 2023

Global container ship fleet is showing its age, reaching highest average age on record of 14.2 years.“Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry bulk fleet has an average age of 11…

Inditex Partners with Maersk to Reduce its Maritime Transport Emissions

Oct 16, 2023

Inditex, parent company of fashion brands such as Zara and Massimo Dutti, has partnered with Maersk to reduce its global GHG footprint from seaborne logistics by incorporating alternative fuels in all its inbound routes with the carrier.Through the ECO Delivery Ocean program…

Backlog at Israeli Ports Grows

Oct 15, 2023

The backlog of ships is growing at Israeli ports while operations continue at most terminals amid preparations by the military to launch a ground assault in the Hamas-controlled Gaza Strip, according to data and sources.Israel has vowed to annihilate…

CMA CGM Unveils Port Liberty

Oct 11, 2023

The CMA CGM Group has unveiled the investment and business strategy for its recently acquired Global Container Terminals (GCT) in Bayonne and New York ports as part of the Group's U.S. expansion plan.Effective immediately, the terminals will…

Tecon Suape Terminal Secures Carbon-Neutral Certification

Oct 09, 2023

Tecon Suape, International Container Terminal Services, Inc.’s (ICTSI) business unit at the Suape Port and Industrial Complex in Brazil, has been certified as a carbon-neutral company in accordance with Associação Brasileira de Normas Técnicas…

Rio Brasil Terminal Welcomes COSCO’s ESE2 Service

Oct 04, 2023

Rio Brasil Terminal (RBT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Rio de Janeiro, recently handled the inaugural call of COSCO Shipping Lines’ Europe – East Coast of South America (ESE2) service.On September 15…

Logistics News

Container Vessel Bunkered with Methanol During Cargo Operations

Container Vessel Bunkered with Methanol During Cargo Operations

Cyprus Scraps $1.3 Billion Port Concession

Cyprus Scraps $1.3 Billion Port Concession

Stena Prosperous Bunkers Methanol in Singapore

Stena Prosperous Bunkers Methanol in Singapore

Green Marine Lays Foundation for its New Global Structure

Green Marine Lays Foundation for its New Global Structure

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