Container Shipping

Evergreen is to spend more than $3bn on another series of 24,000 teu ultra-large

The Port of Long Beach achieved its strongest January performance on record and second-busiest month ever as retailers rushed to move cargo ahead of

A new industry survey by maritime consultancy Drewry reveals that most container shipping stakeholders expect Suez Canal transits to resume before the end of

South Korean shipping giant HMM delivered strong financial results in 2024, with revenue reaching KRW 11,700 billion (USD $8 billion) and operating profit

Blanked sailings and general rate increases (GRIs) have failed to arrest the drop in Asia-North Europe freight rates, with slot utilisation less than 95% amid

Major geopolitical events and policy changes are significantly impacting global maritime trade in early 2025, with new U.S. tariffs and ongoing Red Sea

U.S. container ports are experiencing sustained high import volumes as retailers accelerate cargo shipments in response to new tariff threats and potential

Despite large parts of the Chinese workforce continuing to enjoy the new year holiday, there was a partial return to work for other parts of the economy,

A.P. Moller-Maersk expects global container volume growth of approximately 4% in 2025, as the shipping giant adapts to ongoing Red Sea disruptions and

A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade

Maersk said on Wednesday it has initiated a share buyback program of up to 14.4 billion Danish crowns ($2.01 billion), which will be executed over a period of

Ocean container freight rates are set to decline further in February, influenced by the Middle East ceasefire and Lunar New Year slowdown, despite

Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean trades continued to show slight

German container shipping giant Hapag-Lloyd has reported positive preliminary financial results for 2024, with increased transport volumes and stable freight

A fire aboard the Hong Kong-flagged containership ASL BAUHINIA in the Red Sea has been officially determined to be unrelated to Houthi militant activity,

The nation’s ten largest ports recorded a 14.2% year-over-year increase in inbound container volume in December, continuing a fifteen-month streak of

Port of Savannah handled over 2.8 million TEUs in the second half of 2024, marking an 11.4% increase from the previous year, the Georgia Port Authority

The downward spiral of container spot freight pricing accelerated this week, as China begins its lunar new year celebrations this weekend to see in the Year of

The Port of Los Angeles processed over 10.3 million container units in 2024, marking a nearly 20% increase from the previous year and securing its position as

The Port of Long Beach set a new record in 2024, handling 9.6 million cargo containers without any disruptions or backlogs. The record performance represents a