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Economic spring a mirage in the Covid desert

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Reports of the apparent gradual lifting of restrictions in Spain and Italy and some evidence of a reduction in the number of hospital deaths...
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GCT New York loses case against Maersk

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A judge in a New York District Court has ruled that Maersk can terminate its agreement with terminal operator Global Container Terminals (GCT) New...
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Maersk prepares for South African fruit season

Container News Team - 0
Maersk has delivered 1,800 empty refrigerated 40ft containers from the Middle East to South Africa as additional stock ahead of this citrus season. There...
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K+N says market too uncertain to call

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Swiss-based freight forwarder Kuehne + Nagel (K+N) has declined to make its usual forward-looking statements in its first quarter results, citing the volatility of...
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Japan-China container traffic sees double-digit fall

Container News Team - 0
Containerised shipments traded between Japan and China plunged 17.6% from a year earlier to 689,214tonnes in February, according to figures that the Japan Maritime...
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Methanol already available at more than 100 ports says institute

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The trade association for the methanol industry, the Methanol Institute (MI) has confirmed that the fuel is already available in more than 100 ports...
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OOCL Q1 results a boost for lines or a portent of harder times to come

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Initial results for the first quarter released by OOCL could be seen as a boost to lines, which it is generally agreed have manged...
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India reveals US$100m pandemic cost

Container News Team - 0
The world's largest lockdown so far has cost the Indian economy an estimated 7-8 billion rupees (US$98 million) over the 21-day period, according to...
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Known unknowns add up to a complex Pacific contract picture

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Complexities in managing annual cargo rate negotiations have been exposed by the Covid-19 virus with shippers and forwarders struggling to understand what cargo commitments...
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China Q1 volumes plunge amid Covid-19 crisis

Container News Team - 0
Chinese ports have suffered substantial losses in volumes as a result of the Covid-19 pandemic that began in Wuhan, China during January. Total container volumes...
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MOL launches Coilporter for containerised steel cargoes

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MOL Logistics, the non-vessel owning common carrier (NVOCC) unit of Japanese shipping group Mitsui OSK Lines, has launched a proprietary lashing product to better...
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Seoul sets aside US$382m emergency fund for HMM

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The South Korean government has set aside KRW470 billion (US$382 million) in emergency funding for mainline operator HMM as the maritime industry faces another...
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NYK establishes ship management firm for offshore wind power projects

Out of the Box Container News Team - 0
In December, NYK jointly established Japan Offshore Support (JOS) together with Akita Eisen KK to provide ship maintenance and management services for offshore wind...
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Wallenius Wilhelmsen wins 12-year terminal deal in Gothenburg

Port News Antonis Karamalegkos - 0
Scandinavian RoRo shipping and vehicle logistics company Wallenius Wilhelmsen wins a terminal contract in Gothenburg, taking a strategic step to expand its logistics services. The...
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New cranes to boost Hutchison Ports Thailand operations

Port News Container News Team - 0
On 18 December, Hutchison Ports Thailand (HPT) Terminal D received four additional remote controlled super post panamax quay cranes and eight remote controlled rubber...
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US ramps up sanctions against Russia

CN Premium Articles Alexandros Itimoudis - 0
In the waning days of Joe Biden's presidency, US officials have launched their most extensive set of sanctions, targeting the so-called "dark fleet" along...
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Ensuring Safer Working Conditions in the Shipping Industry

Sponsored Giannis Nikolakis - 0
Work in the shipping industry—spanning from port handling to deep-sea voyages—often carries a higher risk of accidents due to heavy machinery, changing weather conditions,...
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