OOCL Results Highlight Persistent Container Freight Rate Deflation
OOCL’s 2025 results underscore the container shipping industry’s struggle with persistent rate deflation, as the COSCO-owned carrier’s revenues fell 10.6% ...
Tag: shipping
Intra-Asia Container Rates Hit Six-Month High as Capacity Tightens
Intra-Asia container shipping rates have reached a six-month high, averaging $716 per 40ft container in the final two weeks of ...
G6 alliance unveils new Asia – North America schedule
The G6 shipping alliance has announced its Asia - North America summer programme following the suspension of 36 voyages to ...
CMA CGM considers business expansion after profits surge
French shipping line, CMA CGM, has announced an impressive set of 2014 results, featuring 8.1% container volume growth, a 5.3% ...
India to create 101 inland waterways
The Indian government has submitted a bill to parliament which would convert 101 rivers to inland waterways. Minister for road ...
Exclusive: G6 alliance cancels 36 voyages between Asia and the US West Coast
CM understands that the G6 shipping alliance has cancelled 36 sailings over nine of its 12 different trade routes between Asia ...
Hamburg Süd signs agreement to buy CCNI
Hamburg Süd has signed a sale and purchase agreement to acquire the container liner activities of Compañía Chilena de Navegación ...
Liner reliability plummets amidst West Coast crisis and introduction of alliances
Reliability figures for liner services crashed to a record low in January, part of knock-on effects caused by US West ...
North Atlantic trade vessel sharing agreement between UASC, CMA CGM and Hamburg Süd
Dubai-based container shipping line, United Arab Shipping Company (UASC), is to enter the North Atlantic trade via a vessel sharing ...
CakeBoxx and Globe Tracker announce tie-up
Globe Tracker International, a provider of asset tracking, monitoring, remote management and data sharing services, has announced a strategic partnership ...
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