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% […]
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 […]
San Clemente in the distinctive red hues of Maersk-owned Hamburg Süd / Source: Vessel Finder Maersk will launch a new weekly service connecting the Middle East with Europe in mid-February. The new service, called ME8, will sail via the Cape of Good Hope and its rotation will be as follows: Jebel Ali, United Arab Emirates […]
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 […]
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 […]
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 […]
After three years of efforts to prepare the Antwerp port for container ships with a 16-meter draft, the Belgian port is now ready to welcome the largest vessels during its regular operations. The successful completion of six test voyages, culminating in MSC Raya’s passage in the Deurganck dock on November 10, 2023, paved the way […]
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 […]
Panama Canal Panama Canal’s overall transit trends are down by 42% year-on-year in December, but container shipping is seeing a rise in transits as other vessel types divert from the waterway. In its latest report on the Panama Canal this week, Drewry Shipping Consultants reports that December 2023 transits fell by 25% to 746 transits […]
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 […]