The CMA CGM Group has announced the addition, on its PC north service, a new direct call in Buchanan (Liberia), located 100km south of Monrovia, thus expanding its service opportunities in Africa and becoming the only shipping line calling Buchanan in 20 years. This new call primarily responds...

The Fair Trade Commission said it has obtained the corporate merger application for P3 Network from Danish shipping company Maersk Line and is evaluating whether the shipping alliance could hamper the competition of Korean companies. P3 is a joint corporation being sought by the world's largest...

COSCO Group said it held a ceremony in Ocean Plaza Dec. 30 for the signing of a shipbuilding contract with China State Shipbuilding Corporation (CSSC) for four 64,000 DWT dry bulk vessels. An announcement by the company to the Hong Kong Stock Exchange said it will pay $108 million or $27...

DENMARK's Maersk Line says it remains confident that its proposed P3 vessel sharing alliance with Mediterranean Shipping Co. and CMA CGM will gain the necessary approval and that it will launch in the summer as originally planned after US, European and Chinese regulators met in Washington, D.C....

General rate increases on the Asia-South America trade continue to roll in with Zim and Hamburg-Sud joining the bevy of levying lines. Zim has called for GRI of US$650 per TEU and $1,300 per FEU for the Asia-East coast South America trade from January 1, with Hamburg-Sud announcing two rate...

South Korea's Hyundai Merchant Marines said it plans to deploy six large container vessels on its Asia-US East Coast route. The company said it signed a charter contract with London-based Zodiac Maritime Agencies to lease the 10,000 TEU ships, Maeil Business Newspaper reported. Hyundai said the...

Maersk Line said it still remains confident of securing approval for the P3 alliance and meeting the summer launch target following this week s meeting of U.S., European and Chinese regulators in Washington,D.C., to discuss its planned partnership with Mediterranean Shipping Co. and CMA CGM....

Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in December and January. Trans-Pacific Cosco Container Lines plans to raise rates on shipments from the Far East and Indian subcontinent to the U.S.: Starting Dec. 20,...

Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose 60.7 percent to US$1,586 per TEU last week, a source with access to data from the Shanghai Containerized Freight Index told Reuters. Friday's freight rate rise follows five straight weeks of declines,...

YANG MING's Post Panamax vessel "YM MATURITY", a TEU 6,572 capacity containership, built by Hanjin...

Japanese carrier Mitsui O.S.K. Lines has announced changes to its APX service, which runs between...

Royal Brunei Airlines is to increase flights from Melbourne, Australia from four times per week to...

From 28 June until 25 October 2010, Air Méditerranée will be offering a new scheduled destination...

Zim Integrated Shipping Services Ltd. has announced new surcharges for overweight 20' containers...

UK carrier British Airways and its USA partner American Airlines are to operate a transatlantic...

Container traffic at the Port of Montreal grew 4.5 percent in the first quarter year-over-year on...

Pacific International Lines (PIL) inaugurated its North Asia service to Vladivostok on a fixed day...

Major freight carrier UPS has boosted the fleet serving south-east and north-west Mexico,...

In order to cover peak season southbound volumes, the AAUS Group which consist of APL, Hamburg Süd,...