Maritime News

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.

CMA CGM announced a Sept. 20 general rate increase of $500 per 20-foot-equivalent unit encompassing all cargo originating in Asia and heading to North Europe.

NYK Line is looking to profit off India’s booming auto industry with the addition of a new roll-on, roll-off terminal in Pipavav in the state of Gujarat on the country’s northwest coast.