Ports of Singapore and Rotterdam join forces to cut shipping emissions

The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam Authority (PoR), and 20 partners in the Green & Digital Shipping Corridor are collaborating to cut international shipping […]

Change in US consumer behaviour hampers Transpacific trade

As the traditional peak season of the shipping sector comes to an end, the spot rate declines over the past two weeks are a very clear indicator that the peak […]

Container lines consolidate service networks out of South India as trade expands

Container lines are rapidly expanding connections out of South India to keep pace with growing trade volumes. But the concentration of calls at private box terminals operated by Adani Group, […]

“Schedule reliability recovery rate for 2M was above Ocean and THE Alliance for Asia-North Europe trade lane,” reports Sea-Intelligence

To gauge which of the three container carrier alliances recorded the fastest post-pandemic recovery in schedule reliability, Danish maritime data analysis company Sea-Intelligence pegged their lowest recorded schedule reliability during […]

Panama Canal water levels tend to remain low for months

The Panama Canal is experiencing major, ongoing disruptions in the shipping supply chain due to restrictions on traffic related to very low water levels. This is the result of drought […]

A billion-dollar opportunity for Vietnamese coconuts

Vietnam has the opportunity to create another billion-dollar export item. When the US opened the door to Vietnam’s coconuts for official export and China was developing a Protocol on importing […]

Container lines see earnings plunge 90% in second quarter

After two very profitable years for the shipping lines, the market is shifting into a post-pandemic normality, as reported by Sea-Intelligence. More specifically, while the fourth quarter of 2022 gave […]

Evergreen temporarily loses ground in TEU rankings; ready to climb higher

Taiwanese ocean carrier Evergreen has lost the sixth spot in the global liner rankings by Singapore-headquartered Ocean Network Express (ONE), according to the latest data (23 August) by Alphaliner. This […]

SC Ports handles over 200,000 TEUs in July

South Carolina Ports (SC Ports) handled 208,134 TEUs and 115,422 pier containers in July. More specifically, imports flowing into the port of Charleston outperformed US volumes with a 12% increase […]

Evergreen makes US$76 million investment in Oakland terminal

Evergreen Marine Corporation’s terminal operating subsidiary Everport Services has invested US$76 million in the port of Oakland. No further information was released, with Evergreen citing confidentiality. The disclosure of the […]

Yang Ming completes second quarter with over US$4 million loss

Taiwanese ocean carrier Yang Ming announced revenue of US$1.15 billion and reported net loss of US$4.27 million in the second quarter of the year. However, the company achieved a profit […]

MSC and Maersk continue to send ships for break-up

The world’s two largest liner operators have continued to scrap aged ships as the freight market has normalised to pre-Covid-19 levels. Shipbrokers said that this month, MSC has sold the […]

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