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LATEST NEWS

PIL confirms Temasek bailout discussions

Beleaguered Singaporean liner operator Pacific International Lines confirmed on 26 May 2020 that a unit of the Singapore government’s investment agency, Temasek Holdings, may...

ZIM enjoys stronger Q1 results amid the global pandemic

Despite the impact of the Covid-19 crisis on the shipping industry, ZIM has achieved a significant improvement in its first-quarter performance, compared to the...

Beijing throws its weight behind VGM regulations

China’s Ministry of Transport has issued a directive that effective 1 June 2020, no overweight containers can be loaded on ships in the country’s...

Updated: Maersk to build methanol powered vessel

Maersk Line will build a container vessel powered on sustainable methanol as part of the proof of concept for the US$4.4 billion green fuels...

Costamare ship sale will herald new era in boxship demolition

A steep decline in demand as a consequence of the Covid-19 crisis and the faltering charter market has sparked an interest in the scrapping...

APL changes terminals on Transpacific services

APL has announced terminal changes on its Transpacific services, Pacific Gulf 6 (PG6) and India America Express (IAX) services. APL will make a change in...

Vietnamese port orders Konecranes equipment

Konecranes has won another order from Ben Nghe Port in Vietnam for two BOXHUNTER RTG (Rubber Tired Gantry) cranes, for delivery in cooperation with...

Hapag-Lloyd keeps changing schedule and rates amid pandemic

The coronavirus crisis continues to push shipping lines to cancel sailings as major lines schedule void sailings in June, with Hapag-Lloyd announcing the latest...

Hapag-Lloyd announces updates on Dakar Express service

Hapag-Lloyd has announced that as of week 22 the Dakar Express (DEX) will resume  regular calls at Lisbon on the southbound leg. By reinstating this...

APL vessel loses over 40 boxes off New South Wales coast

At least forty containers overboard from the Singapore-flagged container ship APL England have been lost off the New South Wales coastline on 24 May. According...

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Singaporean state investment firm Temasek mum on PIL bailout

The Singapore government’s investment company Temasek Holdings is remaining tight-lipped on market talk that it may take a stake in embattled liner operator Pacific...

Updated: Maersk continues to cancel sailings across the globe

Due to market demand reductions globally caused by the Covid-19 pandemic, Maersk is continuing to moderate its schedule. The Danish liner company line will,...

High speed and compromised manoeuvring caused Milano Bridge accident

The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...

Yang Ming constructs new smart container vessels

Yang Ming has unveiled that its ten 2,800TEU container vessels, currently being constructed by CSBC, will receive Smart Ship notations from international classification societies. Starting...

Milano Bridge hits Port of Busan gantry crane

The 13,870TEU container ship Milano Bridge, owned by Mi Das Line SA has collided with a gantry crane at Busan Port, South Korea, which...

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