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Monday, March 8, 2021

LATEST NEWS

DP World to fast-track London Gateway new warehouse

DP World in the United Kingdom has announced that London Gateway’s Logistics Park will fast-track the delivery of a speculative 13,565m² green warehouse facility,...

Maersk Eindhoven sets course for LA

The Maersk Eindhoven set sail for the US on 2 March, following a stack collapse that saw 260 boxes lost on 17 February, which...

Global tank container fleet exceeds 680k units

The global tank container fleet reached 686,650 units worldwide on 1 January 2021, which represents a year-on-year growth of 5.26%, according to the ninth...

Antwerp launches succesful trials of Scheldt draught extension

Port of Antwerp has announced the first successful trial of the extension to the maximum draught of the Western Scheldt river with the 13,100TEU...

Seaspan buys two ULCV’s on charter with a major line

Seaspan Corporation (Seaspan) has entered into an agreement to acquire two 15,000TEU scrubber-fitted container ships on long-term charter with a global liner. The vessels, which...

Singapore court endorses PIL restructuring

The Singapore High Court has sanctioned Pacific International Lines’ (PIL) debt restructuring scheme on 3 March, after PIL’s bond holders voted on 1 February to accept...

Wan Hai buys another ship from CMB

Wan Hai has purchased its 11th ship since earmarking US$360 million to buy second-hand ships. The Panamax vessel was bought from CMB for US$21...

DHL backs Maersk’s view of contract negotiations

As the annual contract season progresses DHL has outlined its view of the future of negotiations and the necessity to understand the resetting of...

Dutch company to convert inland ships to H2

Vessel operator Future Proof Shipping (FPS) has partnered with terminal operator BCTN Container Terminals and the Holland Shipyards Group to convert its first inland...

Maersk Eindhoven and ONE Apus ready for operations

Both the Maersk Eindhoven and the ONE Apus which suffered major cargo losses in the Pacific are expected to resume service, with the Eindhoven...

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ONE Apus may have lost a quarter of its cargo

An Ocean Network Express (ONE) vessel that reported a container stack collapse, on 30 November, may have lost up to 25% of its cargo...

ONE to build world’s largest container ships

Ocean Network Express (ONE) has agreed with Shoei Kisen Kaisha for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS) with...

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...

Chinese shipyards win giant container ship order

Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...

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...

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