CMA CGM revises PSS2 from Med to Canada East Coast
MARSEILLE : CMA CGM has announced the revision of the Peak Season Surcharge (PSS) from the Mediterranean to Canada’s East Coast. The new surcharge will be effective from
More than 50 sailings from Asia to Europe blanked in first seven weeks
The three vessel-sharing alliances have cancelled a colossal 53 Asia-Europe westbound sailings in the first seven weeks of this year. According to an Alphaliner analysis, this represents 27%
Container market set to be “drastically different” in 2023 : Lars Jensen
LONDON : The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January. Their opinion is that in 2023, container market
Yang Ming Marine Transport turns 50, sets target for net zero emissions by 2050
TAIWAN : On 28 December, Yang Ming Marine Transport held a celebration for its 50th anniversary at the Grand Hotel Taipei in Taiwan inviting notable guests such as
PSA Cargo Solutions engages and mentors Youths through the MaritimeONE Digital Challenge
SINGAPORE : PSA Cargo Solutions participated in the MaritimeONE Digital Challenge in Singapore as part of on-going outreach efforts to engage the community and share about PSA’s supply chain journey, with
Japan’s 1st LNG-fueled ferry, Sunflower Kurenai, owned by MOL enters service
TOKYO : Mitsui O.S.K. Lines, Ltd announced that the first of Japan’s first two LNG-fueled ferries, the Sunflower Kurenai, owned by MOL and operated by its group company Ferry Sunflower
PSA International exceeds 90 million TEUs worldwide in 2022
SINGAPORE : PSA International has announced it handled 90.9 million TEUs at its port projects worldwide in 2022, which represents a 0.7% decline compared with 2021 box volumes.
CMA CGM deploys 15,000 TEU boxships to call in Port of Yokohama, Japan
TOKYO : CMA CGM has deployed the largest containerships to call in Japan on a regular basis on a service connecting to Central American ports. The 15,000 teu
Why shipowners are not investing in tanker and bulker newbuildings
SINGAPORE : In a discussion on where shipping markets were headed in 2023 the container sector is still waiting to settle on a new normal, while volatile bulker
Port of Singapore surpasses 37 million TEUs in second busiest year in history
SINGAPORE : Port of Singapore has reported a container throughput of 37.3 million TEUs in 2022, which represents a slight decline of 0.7% compared with the all-time record