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Maersk reduces booking acceptance globally due to Suez Canal blockage

Maersk said it has lost almost a week of capacity due to the Suez Canal blockage and has decided to reduce its booking acceptance...

Chabahar Port operations set to start in May

India Ports Global Ltd (IPGL) expects to start operations at the Iranian port of Chabahar by the end of May this year, following the...

Singamas restores profit in “transformative” 2020

The Hong Kong-listed container manufacturer Singamas Container Holdings returned to the black in 2020 on heightened container demand and is expecting demand for boxes...

Kalmar closes new deals in terminals around the globe

Kalmar has announced new agreements with logistic companies and terminal operators worldwide in order to equip their facilities with new equipment. The Finnish manufacturer has...

MSC to keep avoiding Arctic routes

Mediterranean Shipping Company (MSC) reaffirms its commitment to avoid arctic cargo routes, supporting the industry to limit black carbon and other environmental impacts, insisting...

Legal threat to Ever Given crew as charterers declare GA

Evergreen, the charterer of the 20,388TEU Ever Given, which ran aground in the Suez Canal last week has declared general average as the costs...

Managing events like the Suez crisis requires digital co-ordination

A group of senior industry figures have analysed the post-Ever Given Suez Canal grounding in a critical reflection of the handling of disrupted supply...

Evergreen orders ships and boxes as spree continues

Evergreen Marine Corporation has embarked on another round of new container orders and has confirmed that the 20 vessels recently ordered will all be...

ICHCA lead changes hands

The International Cargo Handling Co-ordination Association (ICHCA) has appointed Richard Steele as the new head of ICHCA International. Steele will take over the role...

PIL finalises restructuring with Heliconia

Pacific International Lines (PIL) has finalised its restructuring plan on 30 March, agreed with creditors including Heliconia Capital Management, a unit of the Singapore...

Maersk launches e-commerce company co-operation

Maersk has announced its partnership with the B2B e-commerce platform Retailo in order to develop its warehousing services in Pakistan. Retailo will commence operations with...

COSCO SH credits response to Covid-19 as profit soars

Facing capacity and container crunches brought on by Covid-19, COSCO Ship Holdings (CSH) endeavoured to find solutions for its customers, said the line. CSH, the...

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Asia’s Europe-Bound Container Exports Grow

Asia’s container exports to Europe reached 1.64 million TEUs in April, marking an 8.4% two back-to-back months of year-on-year increase, according to data from...

Container ship newbuilding orders hit new high

The drive to have ships running on alternative fuels has pushed the container ship orderbook (newbuilding orders) to a new high of 9.4 million...
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