CMA CGM Group has decided to put any further increases in spot freight rates on hold for all services operated under its brands, CMA CGM, CNC, Containerships, Mercosul, ANL and APL. This measure is effective from 9 September 2021 and will last until 1 February 2022, according to the company’s announcement. Since the beginning of 2021, […]

The Singaporean container line, Ocean Network Express (ONE) has announced the revision of its service network from Asia to Middle East Asia. The company’s new Asia Gulf Express 4 (AG4) service, which will start on 21 September with the 21,200TEU container ship Cosco Shipping Planet, will have the following rotation: Qingdao – Shanghai – Ningbo […]

An Evergreen Marine Corporation’s ship has been quarantined outside Kaohsiung port in Taiwan since 4 September, after five of its 22 crew members tested positive for Covid-19. The sick seafarers, part of the crew on the 2,800TEU Ever Balmy, have been sent to hospital for treatment, while the remaining crew members have been quarantined on […]

The French shipping line CMA CGM has published a series of freight rate increases for shipments in Europe, the Mediterranean and Africa, which will be applicable from September and October. Firstly, the major liner operator has set the following Freight All Kinds (FAK) increase from the Indian Subcontinent, India, Pakistan and Africa to the port […]

A ray of hope for Indian exporters is expected in the current week as the Commerce Ministry in India has assured that they will announce short-term measures to ease the situation of acute container shortage and skyrocketing box prices caused by the Covid-19 pandemic. India’s Commerce Secretary BVR Subrahmanyam stated to the media that the […]

A new terminal at the Port of Haifa, which will be operated by the Chinese Shanghai International Port Group (SIPG), has officially been opened. The new US$1.7 billion Bay Port at Haifa will be capable to handle container ships with a carrying capacity of 18,000TEU or more, allowing larger classes of cargo ships to dock in […]

The Port of Valencia leads the container traffic in Spain both in imports and exports by exceeding 1.4 million TEU of the total 3,587,921 containers transported in the country between January and July. The number of import/export containers passing through Valenciaport between January and July has increased by 19% compared to the previous year and […]

APM Terminals has announced that a series of investments initiated in 2020 aimed at equipment and capacity upgrades at the Suez Canal Container Terminal (SCCT), together with a strong partnership with the Government of Egypt, Suez Canal Economic Zone (SC Zone), sets the foundation for further future growth. The US$60 million investment consists of projects […]

The two largest container lines in the world, Maersk and MSC, have announced new rates to Australia and New Zealand destinations, which are expected to take effect in the next months. Firstly the Danish carrier will apply a rate increase of US$200 / 20′ ft equipment and US$400 / 40′ ft equipment from the United […]

Hapag-Lloyd has confirmed a new order of 75,000TEU dry boxes, which will be manufactured in China and delivered to the German carrier within the fourth quarter of 2021. This announcement comes almost three months after the company’s latest container order of 60,000TEU in May. Adding up all investments into containers since the beginning of 2020, […]