HMM sees profit as Transpacific builds on peak season demand
n.savvides - 0
Profits on considerably lower volumes are the trend in this pandemic blighted year. But South Korea’s serial underachievers at HMM, normally the onion in...
Euroseas sells three container vessels for scrap
Greek container shipping company, Euroseas has announced the sale of three boxships for a total of approximately US$7.6 million. Euroseas sold the 1995-built Manolis P...
Vietnam’s major terminal operator orders Kalmar equipment
Cargotec-owned manufacturing company, Kalmar and Vietnam’s largest container terminal operator, Saigon Newport Corporation (SNP) have inked an agreement for 25 units of the Kalmar...
Business leaders call for government intervention in Montreal Port dispute
n.savvides - 0
Business leaders and organisations in Eastern Canada have asked the government to intervene in the dispute between the Montreal Dockers and the Maritime Employer...
Feeder ship demolishes Manila Port pier
A feeder boxship, Ocean Abundance owned by Oceanic Container Lines Incorporated, rammed and damaged approximately five to ten metres of Pier 2 of the...
U-Freight enhances consolidation capabilities for China-Europe services
U-Freight, a global freight forwarding and logistics solutions provider, has added a second consolidation centre in China in order to manage the increasing volumes...
ECLAC forecasts 23% reduction in Latin American trade in 2020.
n.savvides - 0
Latin America and the Caribbean is set to be the region hardest hit by the economic fallout of the global pandemic, according to the...
DP World buys majority stake in South Korean independent NVOCC
The Dubai-based logistics provider, DP World has agreed to acquire a 60% shareholding in UNICO Logistics Co. Ltd, one of the largest independent NVOCC...
CMA CGM to buy stake in HMM’s Algeciras terminal
n.savvides - 0
CMA CGM will buy HMM’s 50% stake in Total Terminal International Algeciras (TTIA), which operates a container terminal in the south of Spain. HMM announced on...
Montreal dockers’ to start “unlimited” strike
n.savvides - 0
Longshoremen in the Port of Montreal are about to escalate the long-running dispute with the Maritime Employers Association (MEA). The two sides will continue to...
Cypriot police question Rhosus owner after Beirut explosion
n.savvides - 0
Russian businessman Igor Grechushkin who owned the Rhosus, the vessel that had transported the 2750tonnes of ammonium nitrate that exploded on 4 August killing...
Covid-19 has severe impact on CK Hutchison’s H1 earnings
n.savvides - 0
Hong Kong conglomerate CK Hutchison's ports and terminal operations showed a 19% drop in pre-tax profit to HK$3.45 billion (US$445.68 million) in H1 2020,...
- Advertisment -
Most Popular
Taking the personal view for crew working on container shipping
Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...
High speed and compromised manoeuvring caused Milano Bridge accident
The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...
Updated: Maersk continues to cancel sailings across the globe
Due to market demand reductions globally caused by the Covid-19 pandemic, Maersk is continuing to moderate its schedule. The Danish liner company line will,...
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)...
MSC Zoe report says vessel hit the bottom in storm
News n.savvides - 0
A 19,200TEU ship which lost 342 containers in a North Sea storm hit the seabed as the vessel was tossed up and down in...
