Grain shipments to China drop over 50% amid low demand
“In January, grain shipments to China are estimated to fall 51% y/y, partly due to a decline in import demand for soya beans caused by low crusher margins. Although Chinese soya bean production decreased 1% y/y in 2024, inventories are high after a surge in imports in the first half of the year. Import demand […]
December Schedule Reliability Slips, with Maersk Leading Ahead of Alliance Reshuffle
Danish maritime data analysis firm Sea-Intelligence has published the latest Global Liner Performance (GLP) report, presenting schedule reliability data through December 2024. This summary highlights the key global trends from the report, which covers performance metrics across 34 trade lanes and over 60 carriers. In December 2024, global schedule reliability declined by 0.9 percentage points […]
Hapag-Lloyd launches South East India – Europe Express service
Hapag-Lloyd has announced a rotation change in its South East India – Europe Express (IEX) service, set to commence in mid-March. As part of this update, Hapag-Lloyd will adjust its German port of call, replacing Bremerhaven with Hamburg (CTA). The updated service rotation will be as follows: Rotterdam (Netherlands) -> London Gateway (United Kingdom) -> […]
Fire forces crew to abandon boxship in Red Sea
A Hong Kong-flagged boxship exploded and caught fire in the Red Sea, some 226 km northwest of Hodeidah, Yemen. In the early hours of the morning on Tuesday, the 1,930-teu, 2022-built ASL Bauhinia boxship caught fire in the southern Red Sea. The vessel is owned by Shanghai-based Asean Seas Line. The all-Chinese-crewed vessel was on […]
CMA CGM and COSCO up capacity on MEDEX service as Hapag-Lloyd departs
CMA CGM and COSCO Shipping Lines are increasing capacity on their joint Mediterranean-Middle East-Indian Subcontinent (MEDEX) service as Hapag-Lloyd is withdrawing from the service with the start of Gemini Cooperation on 1 February. Alphaliner stated that CMA CGM, COSCO and the latter’s subsidiary OOCL have upgraded the service, with 10 ships from the French carrier, […]
Maersk explores new contract clauses for Gemini customers
Danish carrier Maersk Line has said it is looking at commercial clauses and including penalties in contracts for Gemini Cooperation contracts. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have an account? Register If you liked this post, please consider donating5€10€20€50€ The post […]
Port of Corpus Christi sets record with 206.5 million tons in 2024
The Port of Corpus Christi set a new record in 2024, moving 206.5 million tons of cargo through the Corpus Christi Ship Channel. This milestone was driven by increases in crude oil and dry bulk commodities, including agricultural products. “The commitment of Port of Corpus Christi customers to deliver American energy and essential goods to […]
DP World, NSW Ports invest US$250 million to boost Botany’s rail capacity
DP World and NSW Ports are jointly investing US$250 million to expand the rail terminal at Port Botany in Sydney, enhancing its logistics capabilities and solidifying the city’s role as a key hub for international trade. NSW Ports is contributing US$92 million to the new facility project that will serve both the Container Terminal and […]
Arriva adds to bulker orderbook in China
Norway’s Arriva Shipping has continued its fleet renewal drive with a fresh battery hybrid bulker newbuilding order in China. The Sindre Matre-led company has contracted Jiangsu Soho Marine Heavy Industry to see the 8,000 dwt vessel delivered in the third quarter of 2026. The newbuild will be a sister vessel of the company’s Nor Viking […]
Rising risks to inland waterways: Climate resilience needed
The previous year was the hottest on record globally, with reinsurer Swiss Re reporting natural catastrophe losses exceeding US$100 billion for the fifth consecutive year. According to the Financial Times, 37 extreme weather events in the prior year resulted in losses exceeding US$1 billion each. Projections indicate that insured losses could potentially double within the […]