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Seven ship sale and leaseback deal sees Hapag-Lloyd increase liquidity

Hapag-Lloyd has confirmed that it has sold seven 9,326TEU container ships to Bank of Communications Financial Leasing (Bocomm Leasing) for an undisclosed price. Container News...

OOCL takes slot-charter on Evergreen’s S. America service

Hong Kong based OOCL, a subsidiary of China’s COSCO has chartered slots on Evergreen’s Westcoast South America service and is booking cargo for its...

Hapag-Lloyd pushes up Asia prices from August

Hapag-Lloyd has announced an increased ocean tariff rate for all cargoes in 20’ and 40’ containers, including high cube, standard and reefer containers on...

MSC container vessel loses more than 20 boxes in Algoa Bay

MSC has confirmed the loss of more than 20 containers overboard from its 9,400TEU container vessel MSC Palak near the port of Nqgura (Coega)...

Let’s face it, the world as we know it has ended

Florian Frese is the marketing lead at Container xChange – which connects users and suppliers in container logistics. He is an advocate of driving...

Hapag-Lloyd enhances Africa service portfolio

Hapag-Lloyd has announced the launch of a new China-Kenya-Express (CKX) service. The service is expected to launch in the week starting 17 August. The German...

CMA CGM to reorganise AS1 service

CMA CGM has announced changes in its AS1 service, which now connects North and Central China with the Indian Subcontinent, effective in August 2020. The...

Uncertain cargo volumes, but lines are pushing rates higher

Only uncertainty is certain at this time. Economic theory while not completely useless, may have to be remodelled at the very least. Not that...

MSC unveils its updated intra-Asia network

MSC (Mediterranean Shipping Company) has announced an upgrade to its intra-Asia network, adding a new service and updating its four existing strings. Starting in week...

Volume incentives offered as Port Klang looks to mitigate Covid effect

Malaysia's Transport Minister Wee Ka Siong said that Port Klang Authority (PKA) will offer incentives to terminal operators this year, as throughput is expected...

Dubai lifts crew change restrictions

Dubai Maritime City Authority (DCMA) has announced that it will allow ship operators to facilitate crew changes in Dubai. The announcement came just days...

Guangzhou Port expands international container connections

Guangzhou Port has expanded its international container routes to 119, with South Korean ship operator Pan Ocean adding a service that connects Guangzhou directly...

Latest Posts

Indonesia charts shipping path to relevance amid US-China clash

With geopolitical tension rising between the United States and China, Indonesia is quietly but ambitiously stepping up its game in the shipping world. Port upgrades,...

Far East–East Coast South America trade sees capacity surge

As of June, the Far East–East Coast South America trade corridor is served by nine regular services, up from six a year ago, according...

ICS announces new leadership and strategic focus amid global maritime challenges

At its Annual General Meeting and Board Meeting in Athens, Greece, opened by Vassilis Kikilias, Greece’s Minister of Maritime Affairs and Insular Policy, the...

Feederlines DMCC adjusts intra-Asia service

Feederlines DMCC has revised the port coverage of its FAX service, which connects Southeast Asia with the Middle East and Indian Subcontinent on a...

ZIM updates Far East–Mediterranean service

ZIM has announced a revision to its Mediterranean Premium Service, which connects the Far East with the Mediterranean. The Israeli ocean carrier has removed the...
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