Pacific International Lines (PIL) has continued to sell assets, even after a Singapore court approved its debt restructuring plan, with four more container-carrying multi-purpose...

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CMA CGM has bright 2021 outlook as profits soar

Container News Team - March 16, 2021 0

Increased rates and a major boost in demand during the second half of 2020 have led CMA CGM, like the vast majority of the...

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Maersk to launch new Pacific service

n.savvides - March 15, 2021 0

Denmark-based Maersk Line has announced that it intends to add a new Transpacific service rather than continue with ad hoc sailings and extra loaders...

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Departure of ONE Apus delayed by one day

n.savvides - March 15, 2021 0

The ONE Apus, which was due to leave Kobe Port in Japan today, is now scheduled to depart on 16 March at around 1...

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MSC announces new Asia-USEC service

Container News Team - March 15, 2021 0

Mediterranean Shipping Company (MSC) has announced the launch of a new weekly service, the Palmetto, from Asia to the US East Coast. The new service...

Digital Series

Digitalisation: An arrow in shipping’s quiver or hackers’ ace in the hole?

Antonis Karamalegkos - March 15, 2021 0

Digitalisation in the maritime sector remains a double-edged sword, because while technology and digital tools support the supply chain significantly, these same tools have...

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TS Lines acquires more ships and exercises newbuilding options

n.savvides - March 15, 2021 0

TS Lines has bought another pair of 1,730TEU ships from German tonnage provider Reederei Nord Klaus E Oldendorff. The Taiwanese intra-Asia carrier was identified by...

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Evergreen unit orders more containers

n.savvides - March 5, 2021 0

Evergreen Marine Corporation’s container leasing and warehousing subsidiary, Evergreen International Storage & Transport Corporation (EITC), will order another 18,000 containers from its Malaysian factory,...

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China’s largest river- boxship makes maiden voyage

n.savvides - March 4, 2021 0

Wuhan Port and Shipping Development Group’s 1,124TEU Han Hai 5 Hao, China’s largest and most efficient river ship, completed its maiden when it arrived...

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Singapore court endorses PIL restructuring

n.savvides - March 3, 2021 0

The Singapore High Court has sanctioned Pacific International Lines’ (PIL) debt restructuring scheme on 3 March, after PIL’s bond holders voted on 1 February to accept...

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DHL backs Maersk’s view of contract negotiations

n.savvides - March 3, 2021 0

As the annual contract season progresses DHL has outlined its view of the future of negotiations and the necessity to understand the resetting of...

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Maersk Eindhoven and ONE Apus ready for operations

n.savvides - March 2, 2021 0

Both the Maersk Eindhoven and the ONE Apus which suffered major cargo losses in the Pacific are expected to resume service, with the Eindhoven...

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Capacity overload expected to send spot rates crashing

Maersk updates AE5 service route amid European Congestion

Heidmar enters container shipping

Sea-Intelligence reports increase in global schedule reliability

Hai An launches new service to Lianyungang Port

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