CNC has completed its maiden call at Chan May Port in Vietnam on 9 July on the Japan-South Korea-Vietnam-Thailand (JTVS) service. The container vessel CNC Jupiter arrived at the Chan May Port, which as the sole port in Thua Thien Hue province, it plays a critical role in the region’s trade. The JTVS service will […]

Ocean Network Express (ONE) has announced the launch of a new shuttle service, the Asia Latin America Express 4 (ALX4), to meet the growing demand for cargo transport from Asia to Mexico’s West Coast. The service will commence with the vessel ONE Reputation, expected to arrive in Shanghai on 16 August 2024. The port rotation […]

Port of Singapore Global container port congestion is now around 9 million TEU, close to the peak of 9.6 million TEU seen during the Covid-19 pandemic, according to a Clarksons report. The world’s largest shipbroker said in a report that the Red Sea crisis, which has seen container vessels detouring round the Cape of Good […]

Estelle Maersk / Source: www.vesselfinder.com Maersk has announced updates on its peak season surcharges (PSS), which will take effect from mid-February. The Danish ocean carrier is decreasing the PSS from China, Hong Kong and Taiwan to Kenya for all types of containers. Origin Destination Charge Basis Container CUR Levels China, Hong Kong China, Taiwan China […]

From January to May 2024, Chinese ports handled a container throughput of 132.8 million TEUs, marking an 8.8% increase year-on-year. During the same period, Shanghai Port’s container throughput reached 20.9 million TEUs, reflecting an 8.6% year-on-year rise, while Ningbo Zhoushan Port handled 15.8 million TEUs, a 6.5% year-on-year increase. Beibu Gulf experienced the highest increase […]

MSC has announced the launch of its new weekly service, Osprey, between Asia and South East India. The Osprey service will offer a direct route and improve transit times between the Asian and South East Indian markets, opening opportunities for importers and exporters in the region and providing increased connectivity between these important trade hubs. […]

Port of Mundra Indian importers and exporters are dealing with considerable cargo delays at Mundra Port, which leads the country’s containerised trade. Local trade sources have raised serious concerns over the congestion plaguing Mundra’s container terminals over the past few weeks. “The terminals at Mundra now seem to be hugely congested and the pendency (backlog) […]

MSC Shristi / Source: VesselFinder Swiss/Italian container line MSC is launching a new shuttle service, Dhalia, to provide additional capacity for Asia to Mexico West Coast routes. According to the company’s statement, this new service will provide customers with a premium loop rotation serving South China to Mexico trade as well as additional network coverage […]

Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from Xeneta, the ocean freight rate benchmarking and intelligence platform, indicates spot rates on major trades out of the Far East will increase again on 15 June, but to a […]

Port of Montreal Container volumes dipped from May 2023 levels at the Port of Montreal, according to the latest results of the Canadian port. Container traffic at the port totaled 132,380 TEUs in May, down 3.7% from the same month in 2023, while on a year-to-date basis, container traffic was 2.1% down. Of May’s total, […]