Evergreen splashes out over US$222 million on containers and reefer equipment
Taiwanese mainline operator Evergreen Marine Corporation will spend more than US$222 million on more equipment.In a filing to the Taiwan Stock Exchange on 27...
Boxships now hit by Panama Canal crossing restrictions
Container ships are now being held up in the Panama Canal as the number of transit slots for such vessels will be reduced from...
Arkona Allied Container confirms new project for methanol boxship construction
Hamburg-based chartering joint venture Arkona Allied Container (AAC) has confirmed it has initiated the construction of 10 new container vessels under the new "Enviro Feeder"...
Maersk sells remaining shares in Norway’s Hoegh Autoliners
Danish shipping company AP Moller-Maersk has sold 20 million shares in Norway's Hoegh Autoliners, cutting its holding to zero, according to a stock exchange...
IRENA, DP World partner to develop decarbonisation solutions
The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a worldwide supply chain solution provider.The two parties will work...
Lhyfe to construct green hydrogen production site in French port
Lhyfe, a global player in the production of renewable green hydrogen for transportation and industrial applications, has won Nantes Saint-Nazaire Port's call for proposals...
Japan-US container exports near 55,000 TEUs in October
Japan's container exports to the United States reached 54,409 TEUs in October, translating to a 7.9% increase over the same month in 2022. On...
Wan Hai Lines opens new agency office in Maldives
Wan Hai Lines launched an agency office in Maldives to increase the efficiency and quality of customer service in light of the significant local...
DP World cuts carbon emissions in UAE using renewable energy
This year, DP World reduced its carbon footprint in the United Arab Emirates (UAE) by almost 50% by utilising renewable energy from the Dubai...
Wan Hai splashes out US$37 million on new containers
Wan Hai Lines has embarked on new container orders, after a hiatus of about a year.The Taiwanese intra-Asia carrier announced on 23 November that...
Are carriers sailing into 2024 bloodbath?
Diving freight rates have inevitably led to plummeting carrier Q3 returns and the outlook for the full year is bleak while next year’s expectations...
Suspected drone attack on Israeli-owned container ship
The 2022-built, 15,264 TEU container ship CMA CGM Symi was hit by a suspected Iranian drone in the Indian Ocean, according to an American...
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US shipper seeks US$347 million compensation in MSC case
DK Butterfly-1 Inc. is looking to recoup costs and reparations for losses during the pandemic of up to US$347 million in a complaint filed...
MSC introduces Panama Canal surcharge
MSC has announced it will implement a Panama Canal Surcharge (PCS) of US$297 / container for cargo from Adia to the Caribbean transiting the...
Boxships now hit by Panama Canal crossing restrictions
Container ships are now being held up in the Panama Canal as the number of transit slots for such vessels will be reduced from...
CMA CGM increases freight rates from Asia
French ocean carrier CMA CGM has announced new Freight All Kinds (FAK) rates from Asia to North Europe, the Mediterranean and North Africa.The following...
Filling larger ships is ZIM’s challenge
Israel-based ZIM Integrated Shipping Lines aims to fill its newbuildings that will replace expensive chartered tonnage with similarly expensive chartered ships, that are 50%...
