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The US/Israel-Iran war will support short-term demand for containers, as shipping lines adjust to the disruption to Persian Gulf connections, according to China International Marin...
China’s container manufacturing heavyweights are on the ropes, having been indicted by the US Justice Department (DoJ) for conspiring to fix prices and restrict equipment Ironicall...
Chinese ship owners have been ordering container ships at mid-tier shipbuilders that can offer earlier delivery dates, amid strong demand for tonnage. This month, two Chinese ship...
The indicted companies manufacture about 95% of the world's standard dry shipping containers, and the alleged scheme impacted some $35 billion in commerce, officials said.
The CN Index climbed to 692 this week, signaling that global container shipping is operating under very high pressure and approaching extreme conditions. The sharp increase reflect...
CN announces C$500,000 to support homelessness prevention in Winnipeg. Also, CSX’s Total Distribution Services Inc. (TDSI) Palm Center in Jupiter, Fla., earns its fourth consecutiv...
Container capacity on the trades between India and China is seeing a rapid increase in response to strong green shoots of demand growth. And Ningbo Ocean Shipping (NOS) is the newe...
The Justice Department has secured an indictment for four of the largest shipping-container manufacturers and seven of their top executives for alleg...
Cosco’s transaction is a charter deal with New York-listed, Greece-based Costamare Inc. for 16 container ships — a dozen 9,300-TEU vessels and four 3,100-TEU ships.
The first of two large, fully-electric containerships was placed in service in China. Built for Ningbo Ocean Shipping, they are being promoted as a k...
Cosco’s transaction is a charter deal with New York-listed, Greece-based Costamare Inc. for 16 container ships — a dozen 9,300-TEU vessels and four 3,100-TEU ships.
Cosco Shipping Specialised Carriers, the Chinese group’s multipurpose arm, yesterday launched a regular service to ship used cars from Incheon to North Africa in containers. This i...
Cosco Shipping Lines has introduced a new North Africa Express (NAX) service connecting key ports in China with Libya, expanding its presence in the region. The service operates wi...
CU Lines is set to join Zhonggu Shipping on its China Red Sea Express (CRX) service, which CU Lines will market under its own Red Sea Service (RES) branding. The collaboration will...
The Ocean Alliance has introduced a new direct container service connecting Asia with Jacksonville Port Authority. The weekly Chesapeake Bay Express (CBX) service is operated by CM...
In the vast expanse of global trade, shipping containers serve as the unsung heroes, silently ferrying goods across oceans and continents. These ubiquitous metal boxes come in a va...
PSA International has secured an investment in Xiamen Container Terminal Group through a public bidding process. The group operates eight container terminals with a combined annual...
Chinese non-operating owner Xiamen Feihongshun Shipping has placed orders for two new container vessels, according to Dynaliners. The order includes a 4,400 TEU vessel to be built...
The move coincides with plans by XCTG to develop new berths, upgrade existing berths, and develop a multimodal smart logistics center.
The carrier and ports group said revenue on all major trades, except its domestic network, fell in the first quarter, resulting in a 13% drop in revenue from container shipping.
SITC has implemented significant changes across three of its regional services. These updates refocus the carrier’s China-Philippines coverage and introduce a new shuttle to mainta...
Several shipowners have placed newbuilding orders for container vessels across Chinese shipyards, reflecting continued investment in feeder and mid-sized tonnage, according to Dyna...
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