Alleged US demurrage abuses could lead to legal action
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Shippers, truckers, and freight forwarders reeling from almost US$150 million in demurrage fees linked to congestion in the ports of Los Angeles/Long Beach and...
Updated: PIL defaults on bond payments
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Pacific International Lines is unable to make good on the principal and interest due to holders of an SG$60 million (US$43.8 million) bond issue...
European lines set new Asia prices
European container lines have announced new increases in Asia services from November and December. CMA CGM has unveiled new freight of all kinds (FAK) rates,...
Alibaba’s e-commerce evolution boosted by Israeli startup tech
ZIM has introduced Ladingo's technology which is already operational and is expected to improve logistics services to both sellers and buyers on China's largest...
Port congestion caused by chronic box shortages in Asia, Europe and US
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Equipment shortages in Chinese ports, particularly Qingdao, Lianyungang, Ningbo and Shanghai have intensified over the last week with delays to vessels increasing the confusion...
PIL sells two more ships
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Pacific International Lines has sold another two ships as the troubled Singaporean liner operator works on bolstering its balance sheet. South Korean feeder operator Taiyoung...
MSC adds second-hand tonnage to its fleet
The Mediterranean Shipping Company (MSC) has been busy in the second-hand vessel market adding six container ships to its fleet, according to shipbroking reports. The...
Container collapse challenges ONE vessel enroute to Long Beach
The 2018-built container ship ONE Aquila has suffered a container stack collapse, said to be caused by bad weather, while the vessel was sailing...
Only slowing demand will sort Asian container backlog
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Ports on both sides of the Pacific will not see relief from the congestion that is currently blighting the facilities until there is a...
Carriers pushing Asia rate increases into December
CMA CGM and Hapag-Lloyd have announced rate increases on their Europe to Asia services and the companies boost rates in Asian regional services, as...
Bill Gates jumps into nuclear shipping project
Bill Gates, the co-founder of Microsoft, will participate in a nuclear project, which aims to introduce nuclear energy in shipping. In particular, TerraPower, which is...
OOCL orders seven more ultra-large boxships
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COSCO Shipping’s Hong Kong based subsidiary OOCL has ordered a further seven 23,000TEU container ships, following its order for five vessels in March of...
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Taking the personal view for crew working on container shipping
Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...
High speed and compromised manoeuvring caused Milano Bridge accident
The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...
Updated: Maersk continues to cancel sailings across the globe
Due to market demand reductions globally caused by the Covid-19 pandemic, Maersk is continuing to moderate its schedule. The Danish liner company line will,...
Truckers hit back at carriers in US chassis dispute
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US truckers have responded to international shipping lines’ “motion to dismiss” a USD$1.8 billion complaint over “unfair” practises surrounding the use of chassis for...
MSC and CMA CGM join Maersk’s blockchain initiative
Two of the largest global carriers CMA CGM and Mediterranean Shipping Company (MSC) have announced their integration onto TradeLens, the blockchain platform jointly developed...
