Updated: Feeling for the bottom of the recession
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According to the Danish consultancy Sea-Intelligence the level of blank sailings has reached a “plateau” although there are now more than 500 cancellations in...
HMM works with Kakao to digitalise its business
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HMM has entered into a partnership with Kakao Enterprise to develop artificial intelligence (AI)-based platform services to digitally transform its customer facing operations. Kakao Enterprise...
Booking made simple for Maersk’s Pakistani fruit shippers
Maersk Pakistan added landside transportation in addition to the ocean leg of transport as part of the same booking for the citrus export season...
Tommi Ritscher crew released
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Eight crew members held hostage for a month following an armed attack by pirates off the coast of West Africa have been released and...
Singapore Salvage set to offload Shahraz cargo
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Vessel operator Islamic Republic of Iran Shipping Lines (IRISL), the owner-operator of the Shahraz, which was involved in a double grounding in the Singapore...
Electronic bills of lading, in the pipeline or just a pipedream?
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Developing the successor to the hard copy bill of lading (B/L) is an industry aim that appears to be perpetually out of reach. Recently...
Sea and rail mail from China replaces air cargo trade
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Following on the heels of the China Post-COSCO collaboration, the customs and port authorities of Liaoning and Guangdong provinces in China have opened up...
Yang Ming christens two newbuildings in Taiwan
Yang Ming held the naming ceremony for two of its 2,800 TEU class full container vessels, YM Celebrity and YM Continent at CSBC’s Kaohsiung...
HMM returns to US East Coast after three-year hiatus
The 13,154TEU container ship, Hyundai Hope, marked the return of HMM to the US east coast after three years, when the vessel called at...
Taipei state aid to prop up liner operators
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Taiwan’s Ministry of Transportation and Communications (MOTC) said on 19 May 2020 that it has launched a TW$30 billion (US$1 billion) aid package aimed,...
Fleet additions see Danaos ride the Covid economic wave
Danaos Shipping has announced the acquisition of two container vessels of 8,463TEU and 8,626TEU respectively in 2020, expanding its fleet to 57 boxships, according...
EU funds renewable fuels research project
A consortium led by the Eindhoven University of Technology (TU/e) known as IDEALFUEL will develop new, efficient and low-cost methods of producing low-sulphur heavy...
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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...
Yang Ming constructs new smart container vessels
Yang Ming has unveiled that its ten 2,800TEU container vessels, currently being constructed by CSBC, will receive Smart Ship notations from international classification societies. Starting...
Milano Bridge hits Port of Busan gantry crane
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...
PIL admits to financial stress
Pacific International Lines (PIL) boss Teo Siong Seng has admitted on 23 March 2020 that the company is in talks with several creditors, including...
Profits for Wan Hai, loss for Evergreen
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Taiwanese carriers Wan Hai Lines and Evergreen Marine Corporation had different results for the first quarter of 2020, which saw liner operators hit by...
