APM Terminals and Hateco Group have signed an agreement with Da Nang City to develop, build and operate the Lien Chieu Container Port in Da Nang, Vietnam, representing an estimated investment of over US$ 1.7 billion. The groundbreaking ceremony was attended by Maersk CEO Vincent Clerc, marking the formal commencement of a project that will […]

CMA CGM has announced updated Freight All Kinds (FAK) rates for shipments from Asia to North Europe, effective from May 15, 2026, until further notice. Under the new pricing structure, rates are set at USD 1,950 for 20-foot containers and USD 3,500 for 40-foot, high cube and reefer containers. The rates apply on a base […]

Container ship of Bengal Tiger Line (BTL) Bengal Tiger Line is set to join Yang Ming’s SE8 service as a vessel provider later in December, marketing the service under the SHS name, according to Alphaliner. The service will operate with two vessels averaging 1,700 TEU, serving key ports in Southeast Asia and Vietnam. The rotation […]

Vietnam has emerged as the Port of Savannah’s fastest-growing trade partner. Manufacturing growth and logistics expansion continue to drive cargo volumes higher. Georgia Ports Authority President and CEO Griff Lynch said Vietnam is becoming a major logistics market due to its strategic location and business-friendly policies. Recent trade policy changes are also supporting growth. The […]

DP World, in collaboration with VIMC Container Lines Joint Stock Company (VIMC Lines), has launched the Mekong Express – a new domestic sea-river transport service linking Can Tho (Cai Cui) Port and Cai Mep Port in southern Vietnam. Operating twice weekly, the Mekong Express dramatically reduces delivery times between the two ports from 48 hours […]

The MSC-operated container ship MSC Houston V lost 15 boxes in the Atlantic Ocean off the coast of Portugal on 20 March after encountering severe weather conditions. The Portuguese-flagged vessel had departed from Piraeus, Greece, and was en route to Liverpool, UK, when it was hit by rough seas and wind gusts of up to […]

Hapag-Lloyd announced a General Rate Increase (GRI) from Asia to the West Coast of South America, the East Coast of South America, Mexico, Central America, and the Caribbean. This GRI will apply to cargo transported in 20′ and 40′ dry containers, including high cube equipment and 40′ non-operative reefers. The new rate increase will apply […]

Dockers working on oil leak / Source: Taiwan International Ports Corporation Kanway Global has been leaking bunker fuel in Taiwan’s Keelung port since 16 March, causing seven other ships docked nearby to be tainted. The leak happened shortly after the 1998-built, 1,675 TEU Kanway Global was refueled after 10 pm local time. Local reports suggested […]

MSC Jade / Source: www.vesselfinder.com   Swiss/Italian ocean carrier MSC has decided to proceed with announced changes to its standalone network of its East/West services. In particular, the company will move the vessel fleet deployed on the Mustang service into the Pacific Northwest. “In response to the current market conditions for Transpacific trade, we have […]