China’s National Bureau of statistics reported a 13.5% year-on-year decline in industrial output in the first two months of 2020, the most substantial contraction...

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Government pays to refloat troubled domestic carrier Antong

n.savvides - March 17, 2020 0

Antong Holdings, parent company of Chinese domestic operator Quanzhou Ansheng Shipping, will receive around US$8.4 million in government subsidies, after disclosing estimated losses of...

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China’s Silk Road returns to normal

Container News Team - March 17, 2020 0

China's National Development and Reform Commission has announced that the work resumption rate of the China-Europe Railway Express (CR Express) has reached over 90%,...

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Miscarriage of HFO lands MSC vessel in hot water

n.savvides - March 16, 2020 0

The United Arab Emirates’ (UAE) Federal Transport Authority (FTA) has said it has forbidden the MSC Joanna to enter its ports for a year...

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NYK enjoys digital currency innovation

Container News Team - March 16, 2020 0

Japanese container shipping line Nippon Yusen Kaisha (NYK) has announced the world’s first onboard use of digital currency. That has occurred through the MarCoPay...

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Higher profits for Chinese intra-Asia carrier SITC

n.savvides - March 16, 2020 0

SITC International Holdings, the parent of Chinese intra-Asia carrier SITC Container Lines, reports that 2019 profits were up 11% to US$221.5 million as cargo...

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Wärtsilä and PSA Marine complete IntelliTug project trials

Container News Team - March 13, 2020 0

Wärtsilä and PSA Marine have successfully completed initial sea trials for the IntelliTug project. PSA Polaris, a harbour tug owned and operated by PSA...

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China is now the largest container ship-owning nation

n.savvides - March 13, 2020 0

The German Shipowners’ Association (VDR) President Alfred Hartmann has said that China has surpassed Germany as the largest container ship-owning country. Ship databases corroborate Hartmann’s...

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Yang Ming updates offices operations in Italy due to COVID-19

Container News Team - March 13, 2020 0

As the maritime and logistics industry faces a severe situation with the COVID-19 virus' continued impact worldwide, and particularly in Italy, Yang Ming(YM) has...

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PIL sales continue with PDL divestment

Container News Team - March 13, 2020 0

Neptune Pacific Line (Neptune) has acquired Pacific Direct Line (PDL) from PDL’s parent holding company, Pacific International Lines (PIL). The combined business will link...

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Port of Belize selects Octopi’s solution

Container News Team - March 13, 2020 0

Octopi, part of Navis and Cargotec Corporation, has announced a new subscription agreement with the Port of Belize Ltd. The Caribbean port chose to partner with Octopi...

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Yamna to develop green hydrogen and ammonia project

Wärtsilä’s launched advanced simulator for Malaysian maritime education

KWE Obtains SBTi Validation for Greenhouse Gas Reduction Objectives

Kuehne+Nagel increases market position in sea and air logistics during first half of 2025

HD Hyundai initiates collaborative US shipbuilding venture

Latest Posts

Wärtsilä’s launched advanced simulator for Malaysian maritime education

KWE Obtains SBTi Validation for Greenhouse Gas Reduction Objectives

Kuehne+Nagel increases market position in sea and air logistics during first half of 2025

HD Hyundai initiates collaborative US shipbuilding venture

MSC announced changes in EMUSA service