South Korean logistics and deep-sea fishing conglomerate Dongwon Group, which is one of the bidders for HMM, has secured approximately US$280 million in financing...

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CMA CGM equips newbuild container ships with Wärtsilä FGSS systems

Container News Team - September 4, 2023 0

Technology group Wärtsilä will supply LNG Fuel Gas Supply (FGSS) systems for four new 23,000 TEU container vessels being built for French shipping giant...

News

ICTSI secures US$750 million loan to expand port operations

Antonis Karamalegkos - September 4, 2023 0

Global port operator International Container Terminal Services, Inc. (ICTSI) has secured a US$750 million loan from the fourth largest bank in the Philippines, Metropolitan...

News

CN analysis: Indian export container freight rates recover after a long steak of declines

Ioanna Kontos - August 31, 2023 0

Container freight rates for exports from India have shown some positive signs for carriers, after a long streak of declines, according to the latest...

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Mexico overtakes China as biggest US trading partner

Container News Team - August 31, 2023 0

US Census data shows that Mexico has surpassed China as the US’ major trading partner during the course of this year. Consultant Jon Monroe attributes...

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Hapag-Lloyd reportedly ruled out of HMM bid

Container News Team - August 31, 2023 0

German mainline operator Hapag-Lloyd is said to have failed to make the cut in preliminary bidding for the majority stake in South Korean carrier...

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COSCO defies market pressures with reduced expenses

Container News Team - August 31, 2023 0

COSCO Shipping Lines showed an unusually strong result in 2Q 2023, becoming the only carrier to significantly improve its finances compared to 1Q 2023,...

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Asia-Europe container exports increase in June, H1

Container News Team - August 30, 2023 0

Container exports from Asia to Europe jumped 11.9% year on year to 1.49 million TEUs in June, which have remained on an upward trend...

Blank Sailings

Sea-Intelligence analysis: Shortage of blanks in Golden week

Ioanna Kontos - August 30, 2023 0

Sea-Intelligence reports that we are currently 5 weeks away from the Chinese National Holiday known as Golden Week, and carriers may turn to blank...

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Yang Ming settles another shipper dispute privately

Container News Team - August 29, 2023 0

Yang Ming Marine Transport has reached an out-of-court settlement with US gourmet food producer MSRF after the latter complained to the US Federal Maritime...

News

SGTraDex extends digital logistics innovation MoU with key partnerships from shipping lines

Container News Team - August 29, 2023 0

A Memorandum of Understanding (MoU) was penned between SGTraDex and shipping lines OOCL, PIL and ONE as an extension to the Digital Collaboration for...

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News

ZeroNorth integrates SMARTShip platform with ClassNK MRV Porta

Korean Register, Shipbuilders, and Korea Testing & Research Institute; partner

Ocean Alliance members leads orderbook race

Shippeo appoints new CRO and CMO

We asked AI: What if container ship’s deck transformed into a neighborhood?

Latest Posts

Ocean Alliance members leads orderbook race

Shippeo appoints new CRO and CMO

FourKites appoints new member to Strategic Advisory Council

Hai An Lines launches new services to China and Cambodia

We asked AI: What if container ship’s deck transformed into a neighborhood?