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Yang Ming buys more chartered ships

Taiwanese liner operator Yang Ming Marine Transport continues to expand its owned fleet by prematurely ending the charters of two 12,000 TEU ships. The company...

Floods cripple export-import in Bangladesh as main highway swamps

Movement of export-import cargo-laden trucks and other vehicles through the Dhaka-Chittagong highway was disrupted severely as a devastating flood in Bangladesh has inundated roads,...

HD Hyundai offloads all its HMM shares

HD Hyundai, which heads South Korea’s largest shipbuilding group, has sold all its shares in compatriot flagship carrier HMM, dispelling any notions that it could...

OOCL reports robust first-half financial figures

Orient Overseas (International) Limited (OOIL) has released its financial and operational results for the first half of 2024, showcasing a strong performance despite a...

Bunkering operation on TS Lines ship causes Hong Kong oil spill

Parts of Hong Kong’s Kwai Tsing Container Terminals remain closed for clean-up operations after an oil spillage occurred on the night of 20 August. The spillage...

Canadian ports eye strains to the supply chain network ahead of rail stoppage

North American shippers and Canadian ports are bracing for the effects of an anticipated freight rail work stoppage just after midnight on Thursday, 22...

US economic changes see Mexico ramp up capacity

Mexican port operators are gearing up for growth as a new US tariff regime could be in place and the effects of the US, Mexico,...

Maersk and Mawani open Middle East’s largest logistics park

A.P. Moller – Maersk (Maersk) and Saudi Arabia's General Ports Authority, ‘Mawani,’ announced the launch of Maersk’s largest Logistics Park in the Middle East...

Yang Ming declares general average after YM Mobility fire at Ningbo Port

On 9 August 2024, a fire occurred near the bow of the YM Mobility at the Port of Ningbo. In response, Yang Ming declared...

APMT bets on terminal development in Pakistan as subcontinent trade expands

Growing trade volumes out of the Indian subcontinent amid the trade diversification in Asia are driving global maritime investors to pour more money into...

TS Lines in renewed drive towards long-haul routes

Taiwanese intra-Asia carrier TS Lines has ambitions of expanding further into long-haul routes. On 13 August, TS Lines launched a standalone Asia-US West Coast express service,...

DP World and BII to upgrade DRC’s Port of Banana with major investment

British International Investment (BII), the UK’s development finance institution and impact investor, is set to invest up to US$35 million in the initial phase...

Latest Posts

Danelec earns DNV E27 cyber security approval

Danish maritime tech firm Danelec, has received the latest DNV E27 cyber security type approval for the innovative Onboard Insights solution, in order to...

BIMCO Shipping Number of the week: US grain shipments jump 9% despite Chinese tariffs

“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs...

Maersk announces PSS for Indian subcontinent and Middle East to U.S. East coast and Gulf

Maersk has announced a revised Peak Season Surcharge (PSS) set to take effect on August 1, 2025, for shipments moving from the Indian Subcontinent...

Chittagong port sees 4% growth in box handling in FY25

Bangladesh’s prime seaport, the Chittagong port, has attained 4.01% container handling growth in fiscal year 2024-25 that ended on June 30. (adsbygoogle...

COSCO joins methanol movers in container shipping

COSCO Shipping Lines has become the next mainline operator to deploy large methanol-propelled container ships, emulating green fuel pioneer Maersk Line, the South Korean...
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