Crumbling container freight rates have taken their toll on the newer and smaller players in the liner shipping industry, as their current earnings are...

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UK on alert amid upcoming rail strike actions

Antonis Karamalegkos - September 21, 2022 0

While disputes and strike actions are underway at the United Kingdom's major container ports, Liverpool and Felixstowe, supply chain challenges in the UK seem...

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Yang Ming adds new 11,000 TEU container vessel

Container News Team - September 21, 2022 0

Yang Ming Marine Transport Corp. has added one new 11,000 TEU container vessel, namely YM Trillion, which is chartered from Shoei Kisen Kaisha, Ltd....

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DP World starts construction of new warehouse at London Gateway

Container News Team - September 20, 2022 0

DP World in the United Kingdom has announced that work has begun on a new 11,000m² green warehouse at London Gateway’s port-centric Logistics Park,...

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Cargo vessel capsizes and sinks at Turkish port

Antonis Karamalegkos - September 20, 2022 0

General cargo vessel Sea Eagle, which was loaded with containers, lost stability and tumbled over during offloading operations at Iskenderun port in Turkey on...

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HMM and CEVA Logistics ink multi-year cooperation deal

Container News Team - September 20, 2022 0

South Korean ocean carrier HMM and French logistics firm CEVA Logistics have signed an agreement which is expected to strengthen and expand relations between...

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Global dockers unions support Liverpool striking port workers

Antonis Karamalegkos - September 20, 2022 0

The workers' strike action at the Port of Liverpool began yesterday (19 September) and is expected to last until 3 October. Today, on 20 September,...

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Bangladeshi freight forwarders hike charges by 57% owing to fuel price hike

Container News Team - September 20, 2022 0

Owing to the recent record price hike of fuel oil in the local market, Bangladeshi freight forwarders have enhanced forwarding charges by 57% for...

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Crowley, EPS sign long-term charters for four LNG boxships

Container News Team - September 19, 2022 0

US shipping and logistics company Crowley has awarded Singapore-based Eastern Pacific Shipping (EPS) a contract for the charter of four liquified natural gas (LNG)...

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Boxships delay Kyushu calls ahead of Typhoon Nanmadol

Container News Team - September 19, 2022 0

Container ships appear to have delayed their arrival in major ports in Japan's Kyushu island as yet another super typhoon bore down on East...

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Suez Canal Authority to apply increased transit tolls next year

Antonis Karamalegkos - September 19, 2022 0

The Suez Canal Authority (SCA) will increase the transit tolls for all types of vessels by 15% during the next year and by 10%...

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New KDB boss: HMM, DSME must be sold at soonest

Container News Team - September 19, 2022 0

Newly appointed Korea Development Bank (KDB) chairman Kang Seok-hoon said in a press briefing that the bank must divest its holdings in the country’s...

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