21 Le Van Luong Street, Nhan Chinh Ward, Thanh Xuan District, Ha Noi
Mon - Fri : 08:00 - 17:30
Cosco pulls China-Canada-US express service

Cosco pulls China-Canada-US express service

COSCO Shipping Lines has withdrawn its express China-Canada-US intermodal service that was launched in October 2021, as carriers continue to trim capacity to respond to falling demand. Container News was informed that the CEN-EXPRESS service had its last sailing when the Xin Ying Kou arrived at Prince Rupert on 29 November. The service used five 4,250 TEU ships to move containers…

Read more

CMA CGM acquires GCT terminal assets in New York

CMA CGM acquires GCT terminal assets in New York

Global Container Terminals Inc. (GCT) has announced that it has entered into an agreement to sell its US-based terminal assets to French container shipping company CMA CGM Group. GCT currently operates two terminals in the United States, GCT New York on Staten Island, New York and GCT Bayonne in Bayonne, New Jersey, in the Port of New York and New…

Read more

MSC’s new service directly connects Port Everglades with Far East Asia

MSC’s new service directly connects Port Everglades with Far East Asia

The 4,675 TEU container vessel MSC Rochelle called Port Everglades on 30 September, marking the connection of the major port in Florida with the Far East via a direct container service for the first time since 2011. The world’s largest box line Mediterranean Shipping Company (MSC) launched its new Zephyr service this summer with direct weekly connections from northern China and South…

Read more

Container spot rates plunge 58% since January

Container spot rates plunge 58% since January

Container spot rates have fallen by 10% for the fourth week running as increasingly looks like the sector could be in for a hard landing. The bell weather Shanghai Containerized Freight Index (SCFI) has lost another 10.4% over the last week to be recorded at 2072.04 some 240.61 points lower than week earlier. The SCFI is now 59% lower than…

Read more

Yang Ming adds new 11,000 TEU container vessel

Yang Ming adds new 11,000 TEU container vessel

Yang Ming Marine Transport Corp. has added one new 11,000 TEU container vessel, namely YM Trillion, which is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. YM Trillion was named and delivered to Yang Ming at a ceremony held at Imabari Marugame Shipyard on 21 September. YM Trillion will be deployed on Yang Ming’s Trans-Pacific…

Read more