Maritime News

Orient Overseas Container Line, or OOCL, has joined the ranks of carriers this month announcing general rate increases for goods moving from Asia to Europe, despite the persistently weak market on those lanes that has undercut monthly GRIs for most of 2015.

Mitsui O.S.K. Lines is testing a container ship windshield that the Japanese carrier hopes will reduce wind resistance, save fuel, and reduce carbon dioxide emissions by an average of 2 percent.

The KM Meratus Banjar 2 sank in the Java Sea, claiming the lives of two sailors.

Maersk Line is upgrading its Middle East-South Africa-West Africa, or Mesawa, service by adding a direct call at Colombo, Sri Lanka, in an attempt to pick up additional cargo.

Spot freight rates on trade lanes from Asia to Europe and the Mediterranean held on to gains from the Sept. 1 general rate increase, rising for the second successive week, according to the latest reading of the Shanghai Containerised Freight Index.

An Australian fruit exporter has complained at the lack of transparency provided by shipping lines following faulty in-transit cold disinfestation treatment, a problem that can lead to the costly redirection of cargo.

Hyundai Merchant Marine has launched a new service connecting Asia and the west coast of Latin America.

Mediterranean Shipping Co. is adding calls at North Europe ports to its Angola Express Service in another sign of West Africa's allure to players in the container trade.

CMA CGM and its partners in the Ocean Three Alliance are combining services to form a new string as carriers continue to try to reduce capacity on the oversupplied Asia-Europe trade.

FESCO, one of Russia’s largest privately-owned transportation and logistics companies, posted significant declines in container volumes in the first half but believes that its future is bright.