Operators of multi-purpose vessels (MPV) are expecting a positive financial gain from firming rates in container shipping. Since the financial crisis in 2008, the MPV...

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Seaspan unveils five container newbuilding orders

Container News Team - December 8, 2020 0

Seaspan Corporation has entered into purchase orders to build five new 12,200TEU container vessels, backed by 18-year charters. Once the construction and the delivery of...

Cargo Integrity Campaign

ONE Apus losses similar to MSC Zoe accident

n.savvides - December 7, 2020 0

Container shipping experts have said that there are similarities to the massive losses suffered by the ONE Apus and the MSC Zoe accident, as...

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Timber and forestry cargo star this year in the Port of Riga

Container News Team - December 7, 2020 0

Timber and forestry products have taken the lion's share among the cargo handled by the Port of Riga during the current year, according to...

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SM Line refuses charter offers to support South Korean shippers

n.savvides - December 7, 2020 0

South Korean liner operator SM Line revealed it had rejected offers from mainline operators to charter one of its owned ships, in favour of...

Cargo Integrity Campaign

Updated: ONE Apus heads to Kobe for container offloading

n.savvides - December 4, 2020 0

One Apus shipowner, Chidori Ship Holding, has offered a revised estimate of the container losses after the ship was hit by a storm last...

Cargo Integrity Campaign

ONE Apus may have lost a quarter of its cargo

n.savvides - December 3, 2020 0

An Ocean Network Express (ONE) vessel that reported a container stack collapse, on 30 November, may have lost up to 25% of its cargo...

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MSC cargo lost in Maersk boxship stack collapse incident

Antonis Karamalegkos - December 3, 2020 0

At least 27 containers have been lost and 90 have been damaged from the 2011-built Maersk vessel, Seroja Lima, due to the heavy weather...

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Wan Hai to start new Intra-Asia service in December

Container News Team - December 2, 2020 0

Wan Hai Lines has announced the launch of a China – East India Service V (CI5) service in December aiming to expand its networks...

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Empty boxes in US and China lying in depots despite the shortage issues

Antonis Karamalegkos - December 2, 2020 0

Despite the urgent need for containers in China and the US, the average period that empty boxes spend in depots is 61-66 days, a...

Cargo Integrity Campaign

Updated: ONE FP2 service suffers second stack collapse in a month

n.savvides - December 2, 2020 0

Ocean Network Express (ONE) has seen a second vessel suffer a stack collapse on its FP2 service due to severe weather conditions while on...

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Lidl’s ocean carrier strengthens its Asia service network

CMA CGM partners with Nike on first fully electric container barge in Vietnam

Hapag-Lloyd applies US$2,000/box rate increase on North America shipments

US-China tariff ceasefire sees bidding war for chartered vessels

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