The north Chinese port group of Shandong is enhancing collaboration with leading shipping lines targeting electric vehicles (EVs), lithium-ion batteries and photovoltaic products.

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.

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.

Ocean Alliance has chosen a period of crisis and flux to emphasise the container lines’ commitment to stability and cooperation by announcing an extension to the grouping of five years, from 2027.

Taiwan-based shipping line Evergreen is planning a massive fleet expansion plan and ordering twenty-four 16,000 teu methanol dual-fuelled containerships at a total cost of up to $5 billion.

Taiwanese container line Evergreen Marine has given employees bonuses of up to four years annual pay, according to local press reports.

The Panama Ship Registry has added Evergreen vessel the Ever Alot to its fleet - the world’s biggest containership and the first to break the 24,000 teu mark.