Concerns over the availability of equipment in Asia and the limitations on the backhaul trades on the three major east -west routes have not materialised as expected with rates softening on both the headhaul and return legs.

The commodity trading company Trafigura is building two VLCCs from the Chinese shipyard Jiangsu New Hantong Ship Heavy Industry, a first for the shipyard.

International Container Terminal Services, Inc. (ICTSI) has completed expansion of Phase 3A of its automated Victoria International Container Terminal (VICT) in Melbourne, Australia.

CMA CGM's schedule reliability was the highest among the large container lines in January 2024 as it bucked the trend and continued Red Sea sailings.

CMA CGM and Shanghai International Port Group (SIPG) have signed a strategic terminal stevedoring agreement extending cooperation between the two groups in Shanghai.

Catch up on the top 10 stories that appeared on Seatrade Maritime News over the last week.

While legislators work to get the Magna Carta of Filipino Seafarers back on track the country’s maritime academies continue to oppose the inclusion of education.

International Container Terminal Services Inc (ICTSI) handled consolidated volume of 12.75 million teu in 2023, 4% more compared to the 12.21 million teu handled in 2022.

Container rate negotiations on the Transpacific are about to begin in earnest, but Xeneta believes shippers and carriers both have strong hands and that will make discussions long and complex.

MAN Energy Solutions has opened its largest service hub outside Europe in Singapore and it will a have strong emphasis on training for alternative fuels.