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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Hapag-Lloyd confirms 65% EBIT increase in 2020

Container News Team - March 18, 2021 0

Cost savings and higher revenues as freight rates soared through greater demand have bolstered Hapag-Lloyd's 2020 returns, as with other carriers, volumes overall fell...

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Hapag-Lloyd acquires Africa container specialist NileDutch

Container News Team - March 18, 2021 0

Hapag-Lloyd has announced the acquisition of all shares in the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). The German carrier and NileDutch have...

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Wärtsilä develops CCS scrubber upgrade tech

n.savvides - March 17, 2021 0

Finnish technology company Wärtsilä has announced it is testing an upgrade to scrubber technology that will cut carbon emissions from existing ships at the...

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PSA and duisport sign Asian collaboration deal

n.savvides - March 17, 2021 0

PSA International subsidiary, PSA Northeast Asia Supply Chain Pte Ltd, has signed an agreement with inland port operator Duisburger Hafen to invest in and...

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Four more PIL ships sold to Briese Schiffahrts

n.savvides - March 17, 2021 0

Pacific International Lines (PIL) has continued to sell assets, even after a Singapore court approved its debt restructuring plan, with four more container-carrying multi-purpose...

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Industry innovators call for port action on digitalisation

n.savvides - March 16, 2021 0

Ensuring the future competitiveness of the maritime industry in post-pandemic times will require making it more efficient, predictable, sustainable, and resilient. This implies a...

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Data offers visibility into the supply chain

n.savvides - March 16, 2021 0

Port congestion and delays, particularly on the US West Coast, are having severe and ongoing adverse effects on supply chains, with shippers complaining of...

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CMA CGM has bright 2021 outlook as profits soar

Container News Team - March 16, 2021 0

Increased rates and a major boost in demand during the second half of 2020 have led CMA CGM, like the vast majority of the...

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Temporary truce in the trade war

GEODIS appoints new Americas CEO

Heidmar enters container shipping

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