French shipping titan CMA CGM saw an 85.8% drop in profits in the second quarter of 2018, due to rising bunker fuel costs, low freight rates and global trade tensions. The company’s Q2 profit was $22.7 million, compare...

The Republic of Djibouti has nationalised the majority stakeholder of the Doraleh Container Terminal at the Port of Doraleh, further stoking a conflict with the United Arab Emirates over control of the terminal. The Djibouti...

COSCO, one of the world’s largest shipping companies, was partially incapacitated by a cyberattack on Tuesday. The state-owned Chinese company’s US network was taken down by a ransomware infection, including tele...

Klaus Michael Kuehne, one of Hapag-Lloyd’s largest shareholders, confirmed an approach by CMA CGM for merger talks at the company’s annual general meeting. However, Kuehne rejected the advance, stating that Hapag...

The global shipping industry is set for a tough time, according to the Wall Street Journal, due to higher fuel prices, weak freight rates and trade war uncertainty. Weak freight rates are due to overcapacity—there are ...

The International Maritime Organization (IMO), the global regulatory body for the shipping industry, has reached an agreement to halve carbon emissions by 2050. Almost all of the 173 member states of the IMO signed off the d...

Two huge container ships collided at Karachi port in Pakistan, sending 55-60 containers overboard and causing the suspension of container transport for several hours. A 8,000-container ship operated by Hapag-Lloyd ground alo...

The Wall Street Journal has released a short video guiding us through the history of container shipping—from American innovator Malcolm McLean’s pioneering use of metal boxes, to standardised container sizes, behe...

The Trump administration has refused to suspend shipping restrictions for Puerto Rico, which has been devastated by Hurricane Maria, despite doing so after hurricanes Harvey and Irma struck the US mainland. The Jones Act res...

Norway is planning to build a 1.7km tunnel for freight and passenger ships, costing around $319 million. The Stad tunnel will be built on Norway’s west coast in a region known to be particularly perilous, allowing ship...

A container ship that was priced at $60 million in 2010 was sold for scrap at only $5.5 million this year. The Hammonia Grenada is one of many container ships that have recently been sold off for scrap at incredibly low pric...

Liverpool2, a new deep-water container terminal, has opened at the Port of Liverpool, following a £400 million investment in the facility by operator Peel Ports. The terminal is intended to boost UK trade with the US, C...

Choi Eun-young, the former chairwoman of the insolvent Hanjin Shipping Company, is being investigated for illegal insider trading following the company’s financial collapse. Choi sold her stock for $2.7 million in April...

An international tribunal has ruled against China’s claims to disputed waters in the South China Sea. China claims historic rights to territory stretching south across the sea, down to a so-called “nine dash line...

Xeneta, a global market intelligence and benchmarking platform for containerised freight, sees a grim outlook for container shipping as a result of the UK’s apparent decision to leave the EU. One big reason for this pr...

Changes to shipping container weighing rules are effective July 1st, but many shippers and forwarders face confusion over exactly how to comply. Amendments to the International Convention for the Safety of Life at Sea (SOLAS...

The Mediterranean Shipping Company (MSC), one of the world’s largest capacity shipping lines, has placed an embargo on consignments containing shark fins or other shark-related products. This follows an appeal from the...

Despite record vessel deliveries being driven by lower unit costs, container shipping profitability is expected to increase throughout 2015 according to the Container Forecaster’s latest addition published by shipping c...

Sea freight provider GAC Group is asking for more education within the industry on how to decrease the risk of exposure to the Ebola virus. The shipping company is looking to minimise the virus having an impact of its global ...

A recent survey has identified that international logistics and shipping companies all over the globe that their top priority is “improving supply chain visibility capabilities to integrate higher quality data.” T...

Vallianz Shipbuilding and Engineering (VSE) has recently took on a conditional sales and purchase agreement in the bid to take over a shipyard facility in Batam, Indonesia, Vallianz Holdings Limited has said. Darren Yeo, Chi...

Cargo handling solution company, Kalmar, has recently won a contract to deliver container handling equipment and automation technology with a worth of approximately 40 million Euros to a new container terminal at Port of Melb...

ClassNK is due to take part in a joint project with Mitsui Engineering and Shipbuilding Co. Ltd, and MES Technoservice Co. Ltd. The Japanese classification society, ClassNK, will support the research into the development of ...

COSCO Corporation Limited, a Singapore based company, has recently reported securing contracts valued at approximately 300 million USD to build one accommodation barge and seven bulk carriers. COSCO Shipyard Co. Ltd has recei...