Hapag-Lloyd has announced void sailing positions of Indian Ocean Services (IOS, IO2) due to Covid-19 related measures in several countries are resulting in operational...

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Eight crew held hostage in West Africa attack

n.savvides - April 20, 2020 0

An armed attack on the Portuguese registered, German owned container ship Tommi Ritscher has seen eight crew taken hostage and a further 11 seafarers...

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HMM launches US$592m bond issue for new containers, working capital

n.savvides - April 20, 2020 0

South Korean mainline operator HMM is issuing KRW720 billion (US$592.3 million) in convertible bonds, raising funds for capital investments in new containers as well...

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Greening of tank logistics an unintended consequence of Covid-19

n.savvides - April 8, 2020 0

The increasing focus on the negative environmental impact of single-use plastic items and moves to eliminate them from the global supply chain has reportedly...

Blank Sailings

THE Alliance revises schedules for May and June

Container News Team - April 8, 2020 0

Following the global outbreak of Covid-19, the members of THE Alliance, Hapag-Lloyd, HMM, Ocean Network Express (ONE), and Yang Ming, have revised schedules for...

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Air freight hikes benefit sea freight rates

n.savvides - April 7, 2020 0

According to the freight rate monitor FBX, published by Freightos and the Baltic Exchange, average rates remain on a par with a year ago...

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Covid-19 pandemic forces carriers to suspend services

Container News Team - April 7, 2020 0

Maersk and Ocean Network Express (ONE) have announced service suspensions due to the market demand reductions caused by the coronavirus pandemic. The Danish shipping giant...

Blank Sailings

Maersk announces blank sailings on ME services

Container News Team - April 7, 2020 0

Maersk has announced that it will cut a number of sailings to match demand from the Indian Subcontinent and Middle East to North Europe...

Blank Sailings

Blanked sailings rise more than 400% in a week

n.savvides - April 6, 2020 0

Over the course of the next few weeks carriers will know what kind of losses they will make over the course of the year,...

Breaking News

Milano Bridge hits Port of Busan gantry crane

n.savvides - April 6, 2020 0

The 13,870TEU container ship Milano Bridge, owned by Mi Das Line SA has collided with a gantry crane at Busan Port, South Korea, which...

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Wan Hai and Evergreen to swap Kaohsiung terminals

n.savvides - April 6, 2020 0

Intra-Asia operator Wan Hai Lines is set to take over the lease and operations of the No. 5 terminal in Taiwan's Kaohsiung port, swapping...

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