February 18, 2026
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February 1, 2023

King Abdulaziz Port Welcomes New MSC Service

Foreign Ports, International Shipping, Shipping Line, Trending News
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to a new freight service operated by Swiss-based container group MSC. The latest connection is set to bolster the
February 1, 2023

ONE profits dropped by 50% in Q3 of FY22 compared the previous quarter

International Shipping, Trending News
SINGAPORE : Ocean Network Express (ONE) profits dropped by 50% in Q3 of FY22 compared the record reported in the previous quarter as the sharp drop in container spot rates took its toll. ONE
February 1, 2023

MSC to return for Intermodal South America 2023

International Shipping, Trending News
GENEVA : MSC is proud to return to Intermodal South America 2023 for the second year as a Master Sponsor, the main event for logistics, cargo transportation and international trade in Latin America taking
February 1, 2023

Maersk partners with Cozero to enhance emission visibility for international E-commerce

International Shipping, Trending News
COPENHAGEN : The integrated logistics company A.P. Moller – Maersk (Maersk) and the Berlin-based start-up Cozero are pleased to announce a partnership to develop analytics tools to improve Green House Gas (GHG) emissions visibility
February 1, 2023

CMA CGM opens call for projects over US$200 million to accelerate decarbonisation of French shipping industry

International Shipping, Trending News
MARSEILLE : CMA CGM Group announced a call, targeted at startups and businesses working on concrete solutions, for projects of approximately €200 million (US$218 million) to step up the pace of decarbonisation of the
January 30, 2023

Drewry’s World Container Index drops

International Shipping, Trending News
LONDON : Drewry‘s composite World Container Index fell 2% last week to US$2,046.51 per 40ft container. The Drewry WCI composite index is now already 80% down from the top of US$10,377 in September 2021.
January 30, 2023

MOL is the First Japanese Company to Join First Movers Coalition’s Shipping Sector- Toward the Decarbonization of the Ocean Shipping Industry

International Shipping, Trending News
TOKYO : Mitsui O.S.K. Lines, Ltd. announced that it joined the Shipping Sector of the First Movers Coalition (FMC) during the World Economic Forum Annual Meeting which was held from January 16-20, 2023. Ocean
January 28, 2023

Maersk to integrate Hamburg Süd and Sealand

International Shipping, Trending News
COPENHAGEN : Maersk has announced its intention to unify its brands by integrating Hamburg Süd and Sealand. The Danish shipping company believes that by integrating the aforementioned firms into the Maersk brand, it will
January 28, 2023

Europe to Asia reefer rates falls

International Shipping, Shipping, Trending News
OSLO : Freight rates on the Europe to Asia trades have begun to follow the wider container market down after a period of resistance. According to a market update from freight rate benchmarking firm
January 27, 2023

Maersk and MSC dissolve 2M Alliance

International Shipping, Shipping, Shipping Line, Trending News
The two major container liners have agreed to terminate their current partnership effective January 2025 COPENHAGEN/GENEVA : Maersk and MSC have agreed to terminate the 2M alliance from January 2025. Markets have changed substantially
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