Pacific International Lines has sold three more elderly container ships, as the beleaguered Singaporean liner operator continues to reprofile its debt and rationalise its...

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Container lines on track for US$15bn pandemic windfall

n.savvides - September 16, 2020 0

Runaway freight rates in the second and third quarters have had analysts scrambling to re-write doomsayer forecasts published as recently as June to predict...

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Maersk and CP ink Canada facility deal

Container News Team - September 15, 2020 0

Canadian Pacific Railway Limited and Maersk have reached an agreement to build and operate a world-class transload and distribution facility in Vancouver. The CP transload...

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MSC giant ship knocks down crane in Valencia

Antonis Karamalegkos - September 14, 2020 0

A crane in the port of Valencia was demolished when the 23,000TEU container ship MSC Mia collided with it while manoeuvring on the morning...

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South Korean authorities add their voice to Pacific rate concerns

n.savvides - September 14, 2020 0

The Korea International Trade Association (KITA) is reportedly concerned with peak Transpacific freight rates, which have reached levels not seen since 2009. KITA noted that...

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Container stack collapse delays ONE vessel

Container News Team - September 14, 2020 0

The 2008-built container ship, ONE Cosmos has suffered a container stack collapse on 11 September caused by bad weather in the Far East Region,...

Industry Opinions

Making a hash of lashing

n.savvides - September 12, 2020 0

Container losses – why do they keep happening? Asks Neil Gardiner, managing master mariner, one of the accident investigation team at Brookes Bell. Neil...

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Container shortages and increasing rates add to shipper woes

n.savvides - September 10, 2020 0

Soaring Asia to US rates are expected to climb higher next week as vessel operators impose yet another general rate increase (GRI) on 15...

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Singapore fire experts await return of MOL Charisma

Antonis Karamalegkos - September 10, 2020 0

The MOL Charisma is sailing to Singapore where experts will investigate the hold fire incident, which took place off Sri Lanka on 1 September. MOL...

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Pole Star introduces new bill of lading system

Container News Team - September 9, 2020 0

Maritime technology company Pole Star has announced the launch of a new extension to PurpleTRAC; Bill of Lading Verification (BLV). Pole Star, through its web-based PurpleTRAC...

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MOL Charisma cargo condition still unknown

Antonis Karamalegkos - September 9, 2020 0

Undamaged cargo on the MOL Charisma, which suffered a cargo fire on 1 September off Sri Lanka, remains on board the vessel while the...

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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

Global Container Lines Rankings by TEU Capacity

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