Temasek unit to make interim investment in PIL
n.savvides - 0
A unit of the Singapore government’s investment company Temasek Holdings has agreed to make an initial investment in beleaguered liner operator Pacific International Lines...
Asian operator lifts Covid-19 gloom with higher 2020 profits
n.savvides - 0
Samudera Shipping Line said that net profit for H1 2020 nearly tripled year-on-year to US$7.31 million, even as container volumes fell nearly 11%. The Indonesian...
Over aggressive capacity cuts, but rates still rising
n.savvides - 0
Service demand has increased, 7.2% year-on-year on the Transpacific trade routes, but the reinstatement of capacity into the trade is less about demand and...
Digital platform aims to assist SME’s
n.savvides - 0
In an effort to aid small and medium sized companies to control their own supply chains Maersk has announced the launch of a new...
Tension in Montreal as union condemns use of ‘scab’ labour
n.savvides - 0
Trade union officers have condemned the use of ‘scab’ labour to move cargo in Montreal following a reported 99% vote in support of strike...
Covid-19 hits HPH’s H1 performance
n.savvides - 0
Hutchison Port Holdings Trust (HPH Trust) is expecting volumes to recover in H2 2020 as Chinese manufacturing is normalising after being hit hard by...
CMA CGM adjusts PSS and THCs
n.savvides - 0
Eastbound spot rates out of Europe remain at more than double the levels of a year ago and CMA CGM is looking to benefit...
Updated: Strike at Montreal Port commences today
n.savvides - 0
The Maritime Employers Association (MEA) at the Port of Montreal in Canada has said that a dockers strike will commence today, 27 July, at...
Austrian forwarder develops its home delivery services
n.savvides - 0
Rapid and profound changes into consumer behaviour has led Austria-based freight forwarder Gebrüder Weiss to provide alternative delivery systems as the business to consumer...
Covid-19 crisis slashes Westports volumes
n.savvides - 0
A 17% decline in cargo volumes caused by the Covid-19 crisis has seen profits plunge 19% year-on-year at Malaysian terminal operator Westports during Q2...
Volumes down and revenues up for OOCL
n.savvides - 0
European shipper’s claims that the lines are manipulating capacity to drive up rates were given further support to their claims by the first half...
Carbon emissions are decreasing says shipping industry report
n.savvides - 0
Clean Cargo, a group of companies which describes itself as a “business-to-business leadership initiative” supporting emissions reductions from within the supply chain, has published...
- 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,...
Truckers hit back at carriers in US chassis dispute
News n.savvides - 0
US truckers have responded to international shipping lines’ “motion to dismiss” a USD$1.8 billion complaint over “unfair” practises surrounding the use of chassis for...
MSC and CMA CGM join Maersk’s blockchain initiative
Two of the largest global carriers CMA CGM and Mediterranean Shipping Company (MSC) have announced their integration onto TradeLens, the blockchain platform jointly developed...
