Category: News

Two Maersk container ships attacked in Red Sea
Post

Two Maersk container ships attacked in Red Sea

On January 24, local time, Yahya Saraya, spokesman for the Houthi armed forces in Yemen, issued a statement saying that on that day, the Houthi armed forces in Yemen had an incident with multiple U.S. destroyers and warships protecting two U.S. merchant ships in the Gulf of Aden and the Bab el-Mandeb Strait. During the...

The World’S First Large Methanol-Powered Container Ship “Ane Maersk”!
Post

The World’S First Large Methanol-Powered Container Ship “Ane Maersk”!

“Laura Maersk” is the world’s first green methanol-powered container ship. Maersk’s new feeder ship has a theoretical full load capacity of 2,100 TEUs and was built at Hyundai Mipo Dockyard in Ulsan, South Korea. The world’s first large-scale container ship was just named today on January 26, 2024. The methanol-powered container ship is the “Ane...

Russia’s largest liner company FESCO is transferred
Post

Russia’s largest liner company FESCO is transferred

On Wednesday (November 8), Russian President Vladimir Putin signed a decree to transfer 92.4% of the state-owned shares of the country’s largest container shipping company Far Eastern Shipping Company (FESCO) to the Russian state atomic energy company Rosatom FESCO’s boss Ziyavudin Magomedov was arrested in 2018. In December last year, Magomedov was sentenced to 19...

China-U.S. NVOCC Freight Forwarding Ranking Top 500 in August 2023!
Post

China-U.S. NVOCC Freight Forwarding Ranking Top 500 in August 2023!

China-US NVOCC Freight Forwarding Ranking in August 2023! Container cargo volume from China to the United States still fell 17% year-on-year in August Rank Name TEU 1 KERRY FREIGHT (USA) INC 24836.85 2 CHRISTAL  LINES 15166.00 3 ORIENT EXPRESS CONTAINER CO LTD 14124.22 4 EXPEDITORS  INTERNATIONAL OF WASHINGTON INC 13905.45 5 HONOUR LANE SHIPPING LTD...

China Departs Container Ship Rolls
Post

China Departs Container Ship Rolls

A container ship ANGEL (ANGEL), which was parked about 2.8 nautical miles outside Kaohsiung Port, encountered water flooding for unknown reasons and had a tilting accident. The captain announced to abandon the ship. Because the container fell into the sea and affected the safety of the channel, the first port of Kaohsiung Port was closed...

Resume Strike! Canadian Longshoremen’S Union Rejects Interim Agreement!
Post

Resume Strike! Canadian Longshoremen’S Union Rejects Interim Agreement!

The Canadian wharf strike suddenly resumed. The union rejected the previous government-coordinated provisional agreement and started to strike again at 4:30 pm local time on July 18 to fight for rights. The Canadian terminal had already been on strike for 13 days, and it took several weeks to clear the backlog last month to restore...

Matson Shipping’S Second-Quarter Earnings Report
Post

Matson Shipping’S Second-Quarter Earnings Report

On the evening of July 21, Matson announced today its preliminary financial results for the second quarter of 2023 and provided a business update Chairman and chief executive Matt Cox said Matson’s marine and logistics business unit was performing well despite a challenging business environment and slow economic growth. “In ocean freight, our China services...

The latest forecast of US port cargo volume, as of February 2023
Post

The latest forecast of US port cargo volume, as of February 2023

The National Retail Federation (NRF) and Hackett Associates said in their monthly Global Port Tracker (GPT) for March that U.S. imports will begin to climb this month, month-over-month, after experiencing their lowest levels since May 2020 last month. Growth will continue until at least midsummer, but will still be well below 2022 on a year-over-year...