CMB.Tech to merge with Golden Ocean
CMB.Tech is set to merge with fellow listed company Golden Ocean, a major dry bulk owner. CMB.Tech will be the surviving entity in the merger and is expected to hold control over roughly two-thirds of the combined company. It owns owns four 6,000 TEU containerships and has one 1,400 TEU vessel on order. The newly […]
CMA CGM introduces new peak season surcharges on Transatlantic Routes
CMA CGM Group has announced new Peak Season Surcharges on shipments from North Europe to the United States. For cargo moving from North Europe, including Scandinavia, the Baltic, and the Spanish Atlantic coast (excluding Portugal), to the US West Coast, the surcharge is set at US$ 150 per 20-foot container and US$ 300 per 40- […]
Idle containership fleet sees slight decline
In the two weeks leading up to 2 June, the global idle containership fleet saw a net reduction in capacity, despite a rise in the number of laid-up vessels. Source: DynaLiners While three additional ships were added to the lay-up list, overall idle capacity fell by 15,300 TEU, bringing the total to 71 ships with […]
15 ‘Cargoes of Concern’ that pose elevated maritime safety risks
Recent maritime incidents have shown that it is not only classified dangerous goods that pose serious risks to vessel and supply chain safety.. This conclusion is supported by insights drawn from multiple sources, including claims history of leading freight insurers, carriers, and data from the International Cargo Handling Co-ordination Association (ICHCA International) to the IMO, […]
ANL adjusts port rotation for MYNY service ahead of vessel replacement
ANL has announced a change in the port rotation for voyage MYNY 236N/237S due to internal operational requirements, ahead of the vessel’s phase-out in Asia. The MYNY will be replaced by the ANL FRANKSTON 001S/001N, which is scheduled to call at Pusan with an estimated time of arrival on 18 July 2025. The schedule will […]
Maersk revises peak season surcharge for F5W trade
Maersk revised Peak Season Surcharge for the F5W trade route, applicable to dry, special, and reefer containers, effective 1 July 2025. The surcharge applies to cargo originating from China, Japan, Singapore, Malaysia, Indonesia, Vietnam, Cambodia, Laos, Thailand, Myanmar, the Philippines, Brunei, Hong Kong, Taiwan, and South Korea, and destined for Jawaharlal Nehru (India), Mundra (India), […]
Port Houston partners with DSP for major EDI and database support project
DSP, through its US branch DSP America, has entered into a key agreement with Port Houston to provide critical processing and maintenance support for the port’s Electronic Data Interchange messaging and database systems. This partnership highlights DSP’s specialization in terminal operations technology and supports Port Houston’s ongoing efforts to enhance efficiency and sustainability across its […]
Salvors move Wan Hai 503 away from Indian coast
The container ship Wan Hai 503, which suffered a serious fire on 9 June, has now been towed westwards away from Indian waters, after a joint effort by the Indian navy and salvors appointed by Wan Hai. The 4,520 TEU ship was sailing from Colombo to India’s Nhava Sheva port when an underdeck explosion occurred. […]
OptimaLINE Reefer sales break 20,000-unit mark
Carrier Transicold reports that global sales of its OptimaLINE container refrigeration unit have topped 20,000 since the product’s commercial launch in September 2024,evidence of rising demand for high-efficiency, low-emission cold-chain technology. Carrier Transicold is a business of Carrier Global Corporation, a leader in intelligent climate and energy solutions. The OptimaLINE design pairs a variable-speed scroll […]
Gulf shipping braces as Israeli strikes on Iran rattle trade artery
Gulf region is again on high alert as reported Israeli strikes on senior Iranian military and nuclear officials have jolted Gulf shipping, raising fears that the war between the two rivals could spill onto the sea lanes. Intelligence firm Windward logged 158 cargo vessels either anchored or creeping at low speed inside Iran’s exclusive economic […]