US box imports increase in January

In January, US container imports surged by 7.9% compared to December 2023, reaching a total of 2.27 million TEUs, as indicated in the latest Global Shipping Report by Descartes Systems Group. According to JIFFA (Japan International Freight Forwarders Association), these figures also represent a notable increase of 9.9% from January 2023 and a solid 9.6% […]

ONE introduces world’s first dual-temperature refrigerated container

Ocean Network Express (ONE) announced the introduction of the world’s first trial for a dual-temperature refrigerated container featuring Controlled Atmosphere (CA) capabilities, developed in partnership with Pan Pacific International Holdings Inc. (PPIH) and NAX Japan. This groundbreaking initiative marks the maiden voyage of a marine transportation system utilizing such advanced technology, aimed at transporting a […]

Yang Ming strengthens network with JTS service upgrade and JKX service launch

Yang Ming Marine Transport Corp. will introduce the revamped JTS service (Japan-Taiwan-South China Express Service) in March. Simultaneously, the company will collaborate with a joint venture partner to initiate the new JKX service (Japan Kansai Service). The JTS service will continue to operate independently, providing a fixed weekly service with a 28-day rotation. On the […]

ONE reports over US$80 million loss in October-December 2023

Singapore-headquartered Ocean Network Express (ONE) experienced a notable decline in its revenues, earnings, and profits in the third quarter of fiscal year 2023 (October – December), in contrast to the corresponding period in the previous year. The quarter witnessed a softening of the supply and demand trend, resulting from sluggish consumption growth, reduced cargo movement […]

Seoul court rules that freight-fixing fine was wrongful to Evergreen

In a victory for container lines, the Seoul High Court on 1 February overturned a fine imposed by the Korea Fair Trade Commission (KFTC) on Evergreen Marine Corporation for freight-fixing. The Taiwanese mainline operator was one of 23 box lines that KFTC fined a total of US$81 million in January 2022, for fixing South Korea-Southeast Asia freight […]

Maersk names first vessel of its large methanol-enabled fleet

The world’s first large methanol-enabled container vessel has been named “Ane Maersk” at a ceremony in the shipyard of HD Hyundai Heavy Industries (HD HHI) in Ulsan, South Korea. This vessel pays tribute to Ane Mærsk Mc-Kinney Uggla, the chair of the A.P. Moller Foundation and A.P. Moller Holding, with the naming ceremony featuring her […]

Port of Rotterdam opens first charging station for electric trucks

Truckparkings Rotterdam Exploitatie (TRE) and the Port of Rotterdam Authority opened the first charging station for electric trucks in the Dutch port. The new station is located at the Bodaanweg truck park in Waalhaven. TRE has worked with the Port of Rotterdam Authority to install the first five charging points in the truck park, which […]