Saudi logistics company Bahri pulls out of DB Schenker bid
2024-07-22
The field of bidders for DB Schenker, DB's logistics arm, has been narrowed to DSV and CVC after Saudi logistics company Bahri pulled out.
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Container traffic in Bangladesh is facing disruption following mass protests
2024-07-22
Trucking to Chittagong and container yards has been disrupted due to a nationwide blockade by students in Bangladesh demanding the abolition of the quota system for "civil servants".
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Maersk: The impact of the situation in the Red Sea is continuing to spread around the world
2024-07-19
Shipping company Maersk said in an Asia Pacific market status update that the Red Sea crisis had spread beyond its Asia-Europe routes and affected its global operations.
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Nhava Sheva in India is facing serious congestion, which may affect the delivery time
2024-07-19
India's Nhava Sheva port is facing severe congestion due to a surge in cargo volumes and erratic shipping schedules. APM's GTI terminal and DP World's NSCIT terminal were particularly severe, causing delays in the entry and exit of container trucks a
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Yangming, Evergreen Shipping: As long as there is no ceasefire, we will not consider resuming navigation in the Red Sea
2024-07-19
The Red Sea crisis continues and is in the peak season of shipping, shipping companies have almost all their ships, but the market capacity is still tight, and the shipping schedule is chaotic, which is the key to the rise in freight rates.
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The influx of small container ships on long-haul routes has reduced intra-Asian trade capacity
2024-07-18
South Korean shipping operators say an influx of smaller container ships on more lucrative long-haul routes has led to a shortage of vessels for intra-Asian trade, with rates quadrupling from last year.
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MSC's independently operated Asia-Nordic services account for 9% of the market
2024-07-18
MSC’s standalone Asia-North Europe shipping services have already captured up to a 9% market share of the trade, according to new data from Sea-Intelligence Consulting.
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Ship prices are up 60% in six months and MSC is still buying second-hand vessels
2024-07-18
In the first half of 2024, the global container ship trading volume surged, and MSC in particular performed actively in the ship trading market and continued to expand its fleet.
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India's national shipping company SCI and oil company IOCL will collaborate to build the VLCC
2024-07-18
The Ministry of Shipping of India has proposed a plan for the VLCC to be built by the National Shipping Corporation of India (SCI) in collaboration with the Indian Oil Corporation (IOCL).
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China's Yangpu port container throughput exceeded one million TEU
2024-07-18
In the first half of the year, the container throughput of Yangpu Port reached 10.15 million TEU, an increase of 11.26%. This is the first time that the container throughput of Yangpu Port in half a year has exceeded 1 million TEUs, ranking among the
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