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Wednesday, November 30, 2022
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OOCL announces new express loop between China and Australia

Orient Overseas Container Line (OOCL) has confirmed the launch of its new A3 Express Loop (A3X) service aiming to offer an express loop between...

OOCL achieves 110% revenue growth in 2021

Orient Overseas Container Line (OOCL) has reported revenue of more than US$15.68 billion during the fiscal year (FY) ended on 31 December 2021, which...

Ocean Alliance unveils upgraded global service network

The Ocean Alliance, comprising CMA CGM, COSCO, OOCL and Evergreen, has announced its latest global service network, which will launch in April with 42...

Red-hot market swells COSCO’s H1 profit 21 times

COSCO Ship Holding’s 2021 first half profit rocketed 21-fold year-on-year to US$6.53 billion as the strong container shipping market propelled its earnings to new...

OOCL starts multimodal China-US service

OOCL Logistics and OOCL Liner Services have announced the launch of a new multi-modal container service from China to the US East Coast, with...

FMC questions eight box carriers about surcharges

The Federal Maritime Commission (FMC) has launched an inquiry, asking eight shipping companies to provide information about the congestion and related surcharges they have...

KMTC Line moves into East African market

South Korean feeder operator Korea Marine Transport Company (KMTC Line) is diversifying into the East African trades. From 3 June, KMTC Line will begin purchasing...

Hanoi acts to cool overheated freight market

The Vietnamese government has joined its counterparts in China, Taiwan, the US and South Korea, by intervening to cool the overheated container shipping market. Vietnam’s Ministry of Industry...

X-Press Feeders joins RCL and KMTC in new Straits service

Singapore-based feeder operator X-Press Feeders is improving its connections between the Straits of Singapore, Vietnam, China and South Korea in collaboration with Regional Container...

Chinese shipyards win giant container ship order

Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...
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World’s first large-scale Battolyser plant to be located in Port of Rotterdam

The world’s first large scale Battolyser factory will be constructed in the port of Rotterdam to meet soaring demand for green hydrogen and electricity...

ICTSI’s Mindanao Container Terminal enhances port equipment

Mindanao Container Terminal (MCT), International Container Terminal Services, Inc.’s (ICTSI) business unit in Misamis Oriental in the Philippines, has acquired a mobile harbor crane...

Escalating protests threaten Indian hub port development at Vizhinjam

The Adani Group finds itself in a fix due to an escalation of protests against its under-construction container transshipment hub project at Vizhinjam, a...

Increased container volume at Port of Melbourne in October

Port of Melbourne noted increased container volumes in October 2022 compared to the same month last year. The Australian port saw October's container throughput rise...