SHIPPING
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Yang Ming Adds 11,000 TEU vessel to Transpacific service
September 21, 2022 - Yang Ming Marine Transport Corp. (Yang Ming) will be adding another new 11,000 TEU class container vessel to its...
AAL partners with Merchant Shipping in India
September 20, 2022 - AAL Shipping (AAL) has appointed Mumbai-based shipping company Merchant Shipping Services PVT Ltd. to be its exclusive...
CEVA inks multi-year ocean capacity deal with HMM
September 20, 2022 - CEVA Logistics announced that it signed a multi-year ocean capacity agreement with South Korean ocean carrier Hyundai...
Suez Canal to raise transit fees for ships by 15% in 2023
September 19, 2022 - Egypt has announced that it will be raising transit fees for ships passing through the Suez Canal by 15% beginning next...
97ff8e8a-c895-3e86-5fee-e7e28163319b Port of Long Beach records steady August volumes
September 16, 2022 - Cargo volume in August at the Port of Long Beach fell just short of another record month as a slowdown in consumer...
Flexport: TPEB demand, rates continue to drop in August
September 15, 2022 The Transpacific Eastbound (TPEB) is seeing a post-COVID plummet, with demand and rates continuing to drop. In its...
Volumes at Port of LA start to ease in August
September 15, 2022 After record-breaking cargo volume in 2021 and the first half of 2022, the import surge at the Port of Los Angeles...
Hapag-Lloyd acquires minority share in Italian logistics Spinelli Group
September 15, 2022 Hapag-Lloyd has entered into an agreement with Spinelli Group to acquire a minority stake in the Italian logistics...
Hutchison Ports inaugurates the Port of Jazan City in Saudi
September 15, 2022 Hutchison Ports and the Royal Commission in Jubail and Yanbu inaugurated the Port of Jazan City for Primary and...
Sea-Intel: Major shipping lines made a combined EBIT of US$41.6B in Q2
September 14, 2022 Major shipping lines recorded a combined EBIT (Earnings Before Interest and Tax) of US$41.6 billion in the second...
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