Prices of Handy Bulkers Remain Constant
Transaction activity in the dry bulk sector shows signs of slowing, mirroring the decline of the Baltic Dry Index, which has seen a reduction since mid March.
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Wallenius Wilhelmsen Signs $1B Contract in Premium Car Sector
Wallenius Wilhelmsen, the leading operator of RoRo vessels globally, has entered into a substantial multi-year agreement with a top-tier company.
Another Container Ship Runs into Propulsion Issues in US
In the US, another container ship encountered a loss of control as it neared the Verrazano Bridge in New York City.
ZIM Overtakes Yang Ming in Global Liner Rankings
Global rankings of liners have seen significant changes, with the Israeli shipping company ZIM surpassing Taiwan's Yang Ming in terms of capacity
Container Line Stabilizes, Red Sea Rerouting the New Norm
Sea-Intelligence observed an uptick in the global punctuality of container shipping lines in February, noting a 1.7% point increase from January.
Containers Removed from M/V Dali in Baltimore
On Sunday, the Unified Command initiated the removal of containers from the M/V Dali at the site of the Francis Scott Key Bridge incident.
ONE's East Coast Service Delayed Due to Red Sea Crisis
Singapore's container shipping company ONE has announced a delay in resuming its EC4 service until conditions in the Red Sea become stable.
MSC Boasts Largest Capacity for Reefer Containers
MSC solidifies its position as the leader in reefer container capacity, highlighting its dominance in the industry as the largest liner operator.
CMA CGM to Modify 100 Vessels for Greater Fuel Efficiency
The French shipping major, CMA CGM, has engaged Damen Shipyards Group for the retrofitting of approximately 100 of its vessels.
Direct Calls to Hong Kong Cancelled by Container Alliances
Major container shipping alliances are moving away from including Hong Kong as a primary port of call in their east-west trade routes.
New Saudi Arabia & Sudan Feeder Service By Folk Maritime
Folk Maritime is set to launch a direct feeder service this April, creating a link between Port Sudan and the port of Jeddah in Saudi Arabia.
CNC & COSCO Sign Asian Vessel-Sharing Partnership
COSCO and CNC, a subsidiary of the CMA CGM Group, have finalized a vessel-sharing partnership for operations between China and the Philippines.
Europe-Africa Services Upgraded by CMA CGM
The Marseille-based shipping company CMA CGM has announced updates to its EURAF services, aiming to enhance its offerings in the African region.
Maersk Plans Alternative Services Due to Baltimore Incident
Maersk Line has announced its readiness to reroute services from eastern Canada to the southern Atlantic Ocean and the US Gulf.
Upgraded 2025 Transpacific Network Released by Yang Ming
Yang Ming unveils plans to enhance its Transpacific service network. From Feb '25 the company will adapt to upcoming shifts in alliance memberships