SHANGHAI : COSCO SHIPPING Ports’ total throughput increased by 4.1% year-on-year to 35.6 million TEUs in the third quarter of 2023, while, the equity throughput increased by 2.7%
COPENHAGEN : Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping
SINGAPORE : The Ocean Alliance comprising CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation is set to become the largest box shipping alliance once the 2M partnership
HAMBURG : Hapag-Lloyd is celebrating the installation of its 700,000th tracking device, an important moment on the company’s path to creating the world’s largest smart container fleet. On
HAMBURG : In consideration of the present market situation, THE Alliance will make changes to the Transpacific-East Coast Network by suspending EC4 service from week 46 and update
HAMBURG : In consideration of the present market situation, THE Alliance will make changes to the Asia – North Europe Network by suspending FE5 service from week 46
COPENHAGEN : Danish shipping line Maersk is facing a $5.8 million lawsuit over the loss of containers from the Maersk Eindhoven in 2021. The lawsuit was filed last by the insurer for
CAIRO : Fees for transiting the Suez Canal are set to rise by 15% for most vessel types from the 15 January 2024 with some exemptions for container
BANGKOK : In order to promote maritime trade, the Transport Ministry of Thailand is going to establish a national shipping company, according to Bangkok Post’s report. Thailand’s Deputy
JERUSALEM : Israel’s Ashdod Port, one of the largest ports of the country and a crucial asset for the national economy, is continuing to operate normally despite the