Hapag-Lloyd AG plans to issue a sustainability-linked corporate senior notes of €300 million (US$356 million), which will comply with the principles of the International...

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Industry majors enter partnership with Mærsk Mc-Kinney research centre

n.savvides - March 23, 2021 0

Vessel owner Seaspan Corporation has become the latest major maritime company to sign a partnership agreement with the Mærsk Mc-Kinney Møller Center for Zero...

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ZIM breaks all time record income during pandemic

Container News Team - March 23, 2021 0

Zim has generated the highest net income in its 75-year history during the last year despite the outbreak of the pandemic, according to Eli...

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Wan Hai and Evergreen use 2020 incomes on service development

n.savvides - March 23, 2021 0

Taiwanese liner operators Wan Hai Lines and Evergreen Marine Corporation will use massive 2020 profits, built on soaring freight rates, to develop their fleets...

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Montreal dockers reject latest offer

n.savvides - March 22, 2021 0

Union sources say that dock workers at the Port of Montreal have rejected the latest offer made by the Maritime Employers’ Association (MEA) in...

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ONE suspends Myanmar import bookings

Container News Team - March 22, 2021 0

Ocean Network Express (ONE) has decided to suspend import bookings into Myanmar immediately due to a number of difficulties caused by the coup in...

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Maersk neopanamax suffers engine failure on the Pacific

Antonis Karamalegkos - March 22, 2021 0

The 13,100TEU container ship Maersk Eureka has suffered a damaged fuel pump, which led the crew to stop the main engine of the vessel...

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Seaco backed by financiers in bull box market

n.savvides - March 22, 2021 0

Chinese container lessor Seaco has raised US$600 million after issuing asset-backed securities to international financial institutions. Its immediate parent, Bohai Leasing, a subsidiary of state-owned...

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Adani Ports signs LoI to develop Colombo’s WCT

n.savvides - March 22, 2021 0

Adani Ports & SEZ announced it has signed a Letter of Intent (LoI) with the Sri Lankan government to develop and operate the strategic...

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Yang Ming enhances its intra-Asia network with new 2,800TEU vessel

Container News Team - March 19, 2021 0

Yang Ming has announced it will deploy its new container ship, YM Constancy, on its intra-Asia service JTS from 1 April. YM Constancy will sail...

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Vaccine cold chain focus to switch to the sea says Maersk

n.savvides - March 18, 2021 0

Cool logistics chains at sea will soon take over the job of delivering Covid-19 vaccines from airfreight, which is not only costly but also...

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