Sunday, August 3, 2025
Home Top News

Top News

MSC and CMA CGM expand fleets with second-hand buys and newbuilds

MSC and CMA CGM are continuing to grow their fleets with second-hand vessel acquisitions and newbuilding orders. MSC, already set to overtake Maersk Line as...

PIL fully repays creditors ahead of schedule

The Board of Pacific International Lines (PIL) has announced that the company will be making an early repayment to creditors who were subject to...

South Korean government’s HMM stake sale to be outlined in 2022 first quarter

The South Korean government is discussing the offloading of the state's shares in HMM with the Financial Supervisory Service, Korea Development Bank (KDB) and...

South Korean companies start container factory with KOBC’s backing

South Korean engineering group Seojin Systems and compatriot container technology specialist Ace Engineering will establish a container factory in Vietnam in mid-2022, with support...

Sea-Intelligence sees no correlation between reliability and freight rates

The Danish provider of research & analysis, data and advisory services within the global supply chain industry, Sea-Intelligence has conducted a survey to see...

CMA CGM achieves massive US$5.6 billion profits

CMA CGM Group has reported an astonishing surge in its profits during the third quarter of the year, reporting US$5.6 billion, while last year...

Top 10: Ship owning nations in the world

November 2021 total fleet values in the following Top 10 Ship Owning Nations list include the following vessel types: Bulker, Tanker, Container, Reefer, Small...

KMTC acquires 900 new reefer containers from Carrier Transicold

The container refrigeration system provider Carrier Transicold and part of Carrier Global Corporation (CARR) will provide Korea Marine Transport Containers (KMTC) with new reefer...

Dalian bans reefer imports

Port of Dalian does not accept import reefer cargo due to another Covid-19 outbreak in China. There is a customs restriction for import reefer cargo...

Zinus agrees with Maersk for fixed-rate stable container supply in 2022

The world's largest container line Maersk will provide Zinus with a stable supply of containers at a fixed price in the next year, allowing...

Container alliances’ market domination alarms White House

The White House has raised concerns about the lack of competition in global container shipping, caused by the domination of the market by the...

US EPA fines MSC container ship over Vessel General Permit violations

On 15 November, the US Environmental Protection Agency (EPA) has assessed penalties totaling US$81,474 against two commercial ships over inspection, monitoring, and reporting violations...

Latest Posts

US bets big on South Korean shipbuilders to counter China’s naval dominance

The United States has forged a US$150 billion shipbuilding partnership with South Korea that could fundamentally reshape global naval competition. ...

ICHCA data highlights deadly risks in cargo handling

New analysis from the International Cargo Handling Coordination Association (ICHCA) is sounding the alarm on the biggest dangers facing port and terminal workers. Firstly, the...

SITC completed the Qingdao Symposium Briefing for 2025

The SITC International Independent Financial Managers Symposium was successfully held on July 26-27, 2025, at the Qingdao Hisense International Center. Attendees included key financial leaders...

Neptune announces USA bunker adjustment factor surcharge

Neptune has announced a bunker adjustment factor surcharge that will apply to all shipments to and from the USA West Coast, effective 1st September...

Port of Long Beach new battery project under review

The Port of Long Beach is asking for public input on a proposed 70-megawatt battery energy storage system (BESS) planned for the Pier S...
error: Content is protected !!