S. Korea PM Pledges $4B to Grow Country's Containership Fleet

CMA CGM Rate Restoration Announced for N. Europe & Med to N. America

CMA CGM is launching Rate Restoration Initiative 4 which will affect shipments from North European and Mediterranean ports heading to N. America.

Shipyard in North East England Faces Closure

A ship repair yard in northeast England, A&P Tees, is shutting down. Spanning five acres, the site includes two drydocks and a 240-meter jetty.

India-Arabian Gulf Reefer Surcharge Implemented by Hapag-Lloyd

Hapag-Lloyd has introduced a Peak Season Surcharge (PSS) applicable to cargo being transported from India to various ports in the Arabian Gulf.

Scrubber Discharges Banned by Danish Government

The Danish government has aligned itself with an increasing number of nations implementing measures against the use of open-loop scrubbers.

Scan Baltic Feeder Service Upgraded by ONE

ONE is set to upgrade its Scan Baltic Feeder Services with the implementation of a new service structure in the Scandinavia and Baltic regions.

Prices of Handy Bulkers Remain Constant

Transaction activity in the dry bulk sector shows signs of slowing, mirroring the decline of the Baltic Dry Index, which has seen a reduction since mid March.

Wallenius Wilhelmsen Signs $1B Contract in Premium Car Sector

Wallenius Wilhelmsen, the leading operator of RoRo vessels globally, has entered into a substantial multi-year agreement with a top-tier company.

Another Container Ship Runs into Propulsion Issues in US

In the US, another container ship encountered a loss of control as it neared the Verrazano Bridge in New York City.

ZIM Overtakes Yang Ming in Global Liner Rankings

Global rankings of liners have seen significant changes, with the Israeli shipping company ZIM surpassing Taiwan's Yang Ming in terms of capacity

Container Line Stabilizes, Red Sea Rerouting the New Norm

Sea-Intelligence observed an uptick in the global punctuality of container shipping lines in February, noting a 1.7% point increase from January.

Containers Removed from M/V Dali in Baltimore

On Sunday, the Unified Command initiated the removal of containers from the M/V Dali at the site of the Francis Scott Key Bridge incident.

ONE's East Coast Service Delayed Due to Red Sea Crisis

Singapore's container shipping company ONE has announced a delay in resuming its EC4 service until conditions in the Red Sea become stable.

MSC Boasts Largest Capacity for Reefer Containers

MSC solidifies its position as the leader in reefer container capacity, highlighting its dominance in the industry as the largest liner operator.

CMA CGM to Modify 100 Vessels for Greater Fuel Efficiency

The French shipping major, CMA CGM, has engaged Damen Shipyards Group for the retrofitting of approximately 100 of its vessels.