South Korean ship owner Sinokor Merchant Marine has reportedly ordered up to a dozen 1,800TEU feeder ships from compatriot shipbuilder Hyundai Mipo Dockyard (HMD). Anchor...

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HMM sets US$1 per box charge for Indian medical supplies

Container News Team - May 19, 2021 0

In an effort to support India to overcome the extreme Covid-19 situation, HMM has imposed a charge of US$1 for ocean freight rates on...

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FMC floats Shipping Act update

n.savvides - May 18, 2021 0

Bringing outdated shipping regulations in the US in line with the changes that have taken place in the container industry in the last decade...

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SCA starts canal widening project

n.savvides - May 18, 2021 0

Dredging work to widen the southern section of the Suez Canal, south of the Great Bitter Lake, has started following last week’s announcement that...

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Antong continues recovery with Q1 profit

n.savvides - May 18, 2021 0

Antong Holdings, the parent company of China’s second largest domestic liner operator Quanzhou Ansheng Shipping, has released its Q1 figures, with a CNY43.76 million...

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DP World and Swain Group agree London Gateway DC deal

Container News Team - May 18, 2021 0

DP World in the United Kingdom has signed an agreement with the leading road transport operator Swain Group for a 9,105m² distribution facility at...

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Chinese and French companies feel the wind in their sails

n.savvides - May 17, 2021 0

A team of French companies has allied with major Chinese naval architecture company SDARI, a subsidiary of the China State Shipbuilding Company (CSSC), and...

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Cosmoship takes up options for 1,500TEU pair

n.savvides - May 17, 2021 0

Greek tonnage provider Cosmoship Management has exercised options for another pair of 1,500TEU ships at CSSC Huangpu Wenchong Shipbuilding. The options are tied to an...

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ONE vessel suffers engine room fire

Container News Team - May 17, 2021 0

Ocean Network Express (ONE) has announced that the 4,888TEU NYK Delphinus has experienced a fire in the engine room on 14 May, which now...

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RCL’s Q1 profits soar 240 times

n.savvides - May 17, 2021 0

Thai intra-Asia carrier Regional Container Lines' net profit for Q1 2021 grew 240-fold to THB2.94 billion (US$94.19 million), a figure the management described as...

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Free for all sees rates blow indexes out of the water

n.savvides - May 14, 2021 0

Freight indexes have become divorced from the reality of the market according to consultant Jon Monroe, who says that no index accurately represents the...

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