Yang Ming suffers second consecutive loss
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Yang Ming Marine Transport has reported a TW$4.31 billion (US$143.43 million) loss for 2019, amid difficult conditions for the liner industry. The loss was the...
COSCO Shipping Holdings profit up 450%
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COSCO Shipping Holdings said on 30 March 2020 that net profit for 2019 rocketed nearly 450% from 2018, with earnings of CNY6.8 billion (US$...
Maersk launches intercontinental rail services from Europe to Asia
Maersk has announced that on 28 March 2020, the first Eastbound train on its AE19 service was dispatched east from St. Petersburg port, carrying...
Lines slash 20% of Asia-Europe capacity
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Shipping lines operating on the trades between Asia and Europe have announced 45 blank sailings within the last week with the 2M Alliance cutting...
Hapag-Lloyd announces several blank sailings
Hapag-Lloyd has announced the following void sailing due to the upcoming Easter Holidays: AL5 Service:
Westbound Voyage NYK Meteor 065W Southampton ETS 6 April 2020
Le Havre...
Coronavirus offers opportunities as well as challenges
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The rising diagnoses of Covid-19 virus, coupled with the increasing need for quarantines, lockdowns and distancing measures, has caused “significant change” to operations in...
Hapag-Lloyd announces more void sailings
Hapag-Lloyd has announced void sailings for the India Express Service (IEX) due to Covid-19 related measures in several countries, which are resulting in operational...
US Terminals slow down op’s as imports fall away
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North American container terminals are slowing, and in some cases shuttering, as volumes drop due to the Coronavirus pandemic. The coming months are likely...
HMM axes South Korea-Japan service
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Hyundai Merchant Marine (HMM) will cease its South Korea-Japan service ahead of the South Korean liner operator’s entry into THE Alliance on 1 April. HMM's...
Talia F crew suffered three-hour ordeal
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Seventeen crew members on board the MSC Talia F, which was attacked by pirates suffered a three-hour ordeal as the attackers searched for hostages...
Hapag-Lloyd updates schedule in two services
Hapag-Lloyd has announced that several AL6 vessels are currently behind their schedules due to operational interruptions such as bad weather and port congestion. In order...
PIL admits to financial stress
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Pacific International Lines (PIL) boss Teo Siong Seng has admitted on 23 March 2020 that the company is in talks with several creditors, including...
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Kuehne + Nagel and XPO Logistics agree for UK contract logistics portfolio
Kuehne + Nagel has entered into a definitive agreement to sell a major part of its United Kingdom contract logistics portfolio to XPO Logistics. The...
Lines race to reposition empties as China returns to work
The impact of the Covid-19 virus on the supply is waning fast according to Sea-Intelligence’s latest Spotlight newsletter, with the race now on to...
Inactive container ships at all-time high
The number of unemployed container ships is now at an all-time high, due to the COVID-19 outbreak and the delay in scrubber installations at...
Operations at key Shanghai port back to pre-COVID-19 levels
Throughput at Shanghai's Yangshan Deepwater Port, China's single largest container processing facility, is nearing pre-COVID-19 levels. Yangshan Port said that in the last week, it...
Billions in Lost Trade: The True Cost of the Coronavirus
Just like plumbing, the flow of trade has a network of routes that resemble pipes to move commodities, tankers, cargo and containers around the...
