H.E Suhail Al Mazrouei, United Arab Emirates (UAE) Minister of Energy and Infrastructure, and Knut Ørbeck-Nilssen, CEO of DNV Maritime, signed a Memorandum of...

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ABS appoints new president

Container News Team - July 24, 2023 0

John McDonald is the new president of ABS, as announced by the company's chairman and CEO Christopher J. Wiernicki, at the ABS Board meeting...

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Top Reasons For Slow Shipping

Container News Team - July 24, 2023 0

The ongoing global supply chain crisis has caused many industry insiders and consumers to ponder what causes longer than normal shipping times. Is it...

Maersk Line ordered to pay over US$700,000 in back wages, damages to fired seaman

Antonis Karamalegkos - July 24, 2023 0

A federal whistleblower investigation has determined that Maersk Line Limited suspended and terminated a seaman illegally after the seaman reported numerous safety concerns about...

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MAN Energy Solutions to develop retrofit solutions for medium-speed marine engines

Container News Team - July 24, 2023 0

MAN Energy Solutions will begin developing retrofit solutions for medium-speed marine engines as part of a research association including WTZ Roßlau gGmbh and TU-Darmstadt. The...

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Emirates Steel Arkan, AD Ports, ITOCHU and JFE Steel to develop low-carbon iron supply chain complex in UAE

Container News Team - July 24, 2023 0

Emirates Steel Arkan, AD Ports Group, ITOCHU Corporation and JFE Steel have signed a non-binding Memorandum of Understanding (MoU) to collaborate on activities related...

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JD Logistics and Geopost form strategic partnership

Ioanna Kontos - July 21, 2023 0

JD Logistics (JDL) and Geopost have launched an important partnership to improve their worldwide logistics capabilities. The agreement is expected to improve international express services...

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Eight seafarers missing after Malaysian cargo ship capsizes

Container News Team - July 21, 2023 0

The eight-man crew of a Malaysian cargo ship are feared trapped in the vessel, after it overturned and capsized on the night of 19...

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Wan Hai signs US$95 million financing deal with Standard Chartered

Antonis Karamalegkos - July 21, 2023 0

Wan Hai Lines Ltd. announced the completion of a 10-year NT$3 billion (around US$95 million) sustainability-linked shipping financing agreement with Standard Chartered Bank. This is...

Update: Kaohsiung seals harbour after boxship lists – Fears of over 1,000 containers adrift

Container News Team - July 21, 2023 0

Taiwanese government officials swung into emergency mode this morning (21 July), after the container ship Angel sank in Kaohsiung, causing fears that more than...

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Update: KDB to exchange 37% of HMM convertible bonds; state to sell nearly 58% stake

Container News Team - July 21, 2023 0

Korea Development Bank (KDB) has announced that as part of its divestment of HMM's shares, it will sell all its existing shares, plus 37%...

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LNG is becoming cheaper than VLSFO

Container News Team - July 21, 2023 0

Sea-Intelligence analysts looked at developments in prices for Liquid Natural Gas (LNG) as a maritime fuel. The IMO2020 regulations necessitated the need to reduce sulphur...

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