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Pop-Up Container Yards Offer Pressure Valve for Port Congestion

Walmart has developed an empty space near the ports of Los Angeles and Long Beach into a pop-up container yard. The aim is to store...

Euroseas fixes panamax containership

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced two new consecutive time charter contracts...

CMA CGM: Incentive program to ease congestion at ports of Los Angeles & Long Beach

The CMA CGM Group, a world leader in shipping and logistics, will implement an Early Container Pickup Incentive Program at the ports of Los...

Navios places containership order

According to reports, Navios Maritime Partners placed an order at Zhoushan Changhong International Shipyard 2+2 5,300 TEU containerships. The price was not disclosed. Delivery...

Drewry: Port Throughput Index Down By 2.3% in September

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235...

Major California Ports Continue To Delay Fees For Lingering Containers

California’s ports of Los Angeles and Long Beach delayed charging fines on containers that sit on the docks for too long for a second...

ZIM Connecting Indian Subcontinent, East Mediterranean

ZIM announced the launch of ZIM Indian Subcontinent – East Mediterranean Service (ZMI), a new and improved service connecting the Indian subcontinent and the...

CMA CGM delivers ‘very good’ quarterly financial results

The Board of Directors of the CMA CGM Group, a world leader in shipping and logistics, met today under the chairmanship of Rodolphe Saadé,...

U.S. Exporters Call for More Scrutiny of Carrier Alliances

Agricultural exporters in the US have called on authorities to impose greater scrutiny on shipping alliances and the behaviour of shipping lines during the...

ZIM posts record quarterly results

ZIM, a global container liner shipping company, announced its consolidated results for the three and nine months ended September 30, 2021. Third Quarter 2021 Highlights •...

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SFL – Announcement of public offering of common shares

SFL Corporation announced that it intends to offer, issue and sell to the public 8,000,000 of the Company’s common shares, par value $0.01 per...

Unifeeder CEO steps down

Unifeeder CEO Jesper Kristensen has stepped down from his role at the shipping company. Martin Gaard Christiansen will assume the role of CEO at Unifeeder...

WFW advises ABN AMRO & ING on $245M loan to Tsakos Energy

Watson Farley & Williams advised ABN AMRO BANK N.V. and ING BANK N.V. on a US$245m term loan facility granted to Tsakos Energy Navigation Limited for...

OOCL announces operational update for the 2nd Quarter 2024

Orient Overseas Container Line (“OOCL”) announced its unaudited operational update for the second quarter ended 30th June 2024. For the second quarter ended 30th June...

Icon Energy announces listing on Nasdaq and pricing of $5.0 million initial public offering

Icon Energy, an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes, announced the pricing of its initial public offering...

Houthi threat to red sea shipping is growing, UN envoy to Yemen says

Recent developments in the Red Sea and surrounding waterways suggest that the threat to...

Baltic index drops to over one-month low on lower capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry...

Greek shipowner and ex-ICS chairman Spyros Polemis dies

Spyros M. Polemis, a pillar of Greek shipping and a past chairman of the...

Ukraine warns ships of scrambled GPS navigation in Black Sea

Ukraine’s seaports authority warned shipowners not to rely on a key navigation tool, as...

CMA CGM signs AI deal with Google

CMA CGM, a global leader in sea, land, air and logistics solutions, and Google...

Throughput port of Rotterdam virtually unchanged in first half 2024

Cargo throughput in the port of Rotterdam remained virtually unchanged in the first half of 2024 compared to the same period last year. Cargo...

COSCO SHIPPING Ports Abu Dhabi Terminal’s cumulative throughput exceeds 5 million TEUs

On July 5th, CSP Abu Dhabi Terminal surpassed 5 million TEUs in throughput. Since its opening in December 2018, the terminal has launched over...

Adani to double investment in Transshipment Port to $2.4 billion

Billionaire Gautam Adani’s conglomerate is doubling investment to $2.4 billion in its new mega port in southern India as it seeks to expedite expansion...

Germany: Hamburg port workers on ‘warning strike’ over pay

Workers at the Port of Hamburg stopped work early on Tuesday, with their colleagues at Bremen-Bremerhaven taking the same action several hours later. The trade...

US ports oppose tariff on China-made cranes

US ports are pushing back against the recently proposed 25 percent tariff on Chinese-made ship-to-shore (STS) cranes, warning that the increased costs would have...