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Thursday, April 2, 2020

LATEST NEWS

Danaos Corporation Announces Comprehensive Debt Refinancing Agreement

Danaos Corporation a leading international owner of containerships, is pleased to announce that it has reached an agreement with certain of its lenders currently...

The maiden voyage of the ONE STORK

ONE announced that the ONE STORK, first newly built 14,000 TEU-class magenta containership made the inaugural call at Hongkong International Terminals Limited (HIT) today...

Hapag-Lloyd, USA – Western Rail Network Changes

As of July 1, 2018 Hapag-Lloyd will be changing its USA Western rail network providers. Lanes to and from the Pacific Northwest and to and from...

CMA CGM to acquire CONTAINERSHIPS

CMA CGM strengthens its strategy aimed at densifying its regional network CMA CGM Group, a leading worldwide shipping Group, is pleased to announce the signature...

ZIM, Emergency Bunker Surcharge (EBS) update

ZIM's announcement: Due to the continued surge in bunker prices, and in order to maintain our current levels of service and high reliability, it has...

ILWU will observe a stop work meeting on June 21, 2018

PierPass Inc. has been notified that the International Longshore and Warehouse Union (ILWU) will observe a special stop work meeting for union business on...

CMPort completes its acquisition of the Port of Newcastle in Australia

On 14 June 2018, China Merchants Port Holdings Company Limited (“CMPort” or “the Company”) completes its acquisition of the Port of Newcastle, the largest...

MSC suspends the EAGLE service

As a result of the challenging operating environment for business on the Transpacific trade, MSC Mediterranean Shipping Company S.A. has, together with our alliance...

‘Cool port’ barge service speeds up distribution from Rotterdam

The logistics surrounding the Port of Rotterdam are daunting. Eight deep sea terminals; 600 barges with 150 different owners; some 150,000 shippers from across...

Trump’s Tariffs Could Deliver a Sizable Hit to China’s Economy

Donald Trump’s threat to impose tariffs on another $200 billion of Chinese imports could cut as much as half a percentage point from the...

Most Popular

PIL admits to financial stress

Pacific International Lines (PIL) boss Teo Siong Seng has admitted on 23 March 2020 that the company is in talks with several creditors, including...

PIL continues ship sales with Wan Hai Neo-Panamax deal

Pacific International Lines (PIL) continues to sell container ships amid talk of financial pressures at the Singapore-based liner operator. On 2 March 2020, Taiwanese carrier...

Kuehne + Nagel and XPO Logistics agree for UK contract logistics portfolio

Kuehne + Nagel has entered into a definitive agreement to sell a major part of its United Kingdom contract logistics portfolio to XPO Logistics. The...

Lines race to reposition empties as China returns to work

The impact of the Covid-19 virus on the supply is waning fast according to Sea-Intelligence’s latest Spotlight newsletter, with the race now on to...

Inactive container ships at all-time high

The number of unemployed container ships is now at an all-time high, due to the COVID-19 outbreak and the delay in scrubber installations at...

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