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LATEST NEWS

Wenzhou opens link to the Philippines

China's Wenzhou continues to build overseas container shipping links, with SITC Container Lines launching a service connecting the port to the Philippines. On 1 May,...

Pacific operators Hapag and CMA ships suffer engine failures

The 9,000TEU MV Czech, operated by Hapag-Lloyd, but owned by Turkey-based Czech Maritime, has suffered engine failure as the vessel entered Ningbo Port, according...

CMA CGM contracts three yards for 22-ship order

French carrier CMA CGM which confirmed an order for 22 ships last week, including 12 LNG powered vessels and 10 conventionally powered ships, will...

Box lessor, CAI, sees utilisation top 99%

US-based container leasing company CAI International has reported an average utilisation rate of 99.7% in the first quarter of this year, up 1.5% on...

Asiatic Lloyd’s DSIC is order first in eight-years

German owner Asiatic Lloyd has ordered up to four ammonia-fuelled 7,100TEU ships from Dalian Shipbuilding Industry Company (DSIC), the shipyard's parent China State Shipbuilding...

Wan Hai introduces 10-ship South America service

Wan Hai Lines is launching a new Asia-South America West Coast service in mid-May, and will assign ten 2,200TEU ships to this route. The AS1...

Neo-Panamax order surge continues into 2021

February saw 100 container ships ordered, the highest monthly demand on record according to Shipbroker Braemar ACM, mainly in the neo-Panamax range, 10-14,000TEU, with...

Hapag vessel quarantined as crew test positive

Hapag-Lloyd reported today that a number of crew on board its vessel, Valencia Express have tested positive for Covid-19, and the vessel has now...

CMA CGM agrees reduced compensation after APL Le Havre collision

The lawyer acting on behalf of 12 fishermen who died following a collision with the 10,136TEU APL Le Havre says the families of the...

South Korea’s Gwangyang port seeks international connections

Gwangyang, South Korea's second-busiest container port, has attracted seven new service routes in Q1 2021, raising hopes for a recovery in throughput. Affected by Covid-19,...

Most Popular

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...

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...

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)...

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