Cargo ship sinks in strong winds in Taiwan, four crew members missing

Four of five seafarers on a general cargo ship carrying containers are feared dead after going missing when the vessel sank on 3 January. In the early morning local time on 3 January, the Mongolian-flagged 2001-built 890 dwt Long Shun, sailing around Matsu Islands in Lienchiang County, sent a distress signal, indicating that it was […]

Box vessel tilts at India’s Mundra Port due to stability problems

A container vessel lost stability while unloading cargo at India’s Mundra Port over the weekend, briefly disrupting normal operations. The Panama-flagged, 1999-built  arrived at Mundra International Container Terminal (MICT) from Jebel Ali on 7 January. MICT is operated by DP World under a concession arrangement with the Mundra port owner Adani Group (APSEZ). As a […]

Evergreen’s generous bonuses causes strike at airline affiliate

Taiwanese mainline operator Evergreen Marine Corporation has paid its employees generous bonuses of up to 52 months of their salaries, prompting a strike by staff at its affiliated airline EVA Airways. Despite the correction in freight rates since mid-2022, Evergreen is set to report higher earnings for that year. Taiwanese media reported that many of […]

MSC, CMA CGM, Evergreen and Zim most active fleet builders in 2022

MSC, CMA CGM, Evergreen Marine Corporation and Zim Lines registered the largest fleet growth among liner operators in 2022, according to Alphaliner’s latest report. The four lines engaged in aggressive newbuilding orders, long-term charters and second-hand purchases to bolster their competitiveness just before the freight market began normalising in mid-2022. MSC, which overtook Maersk Line as […]

Port of Long Beach channel deepening project gets green light from US government

President of the United State, Joe Biden signed into law the Water Resources Development Act (WRDA) of 2022, the biennial legislation authorising federal flood control, navigation and ecosystem improvements that include the Port of Long Beach Channel Deepening Project. “We are grateful to members of the House and Senate and the Army Corps of Engineers […]

Port of Oakland sees reduced box traffic in November

Port of Oakland’s container volume dropped in November with both full imports and full exports being at lower levels compared to November 2021 and October 2022 volumes. Total loaded container volume declined 15% from November 2021, recording 131,929 loaded TEUs. November full imports of the Californian port decreased by 17.4% year on year, reaching 68,646 […]