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ZIM establishes new technology firm

ZIM has announced the establishment of ZIMARK, a technology-based company formed in collaboration with the Israeli startup Sodyo Ltd., to provide next generation scanning solutions for...

Sea Consortium stretches newbuilding spree with 7,000TEU quartet

Sea Consortium, the parent of Singapore-based X-Press Feeders, has commissioned four 7,000TEU ships at Shanghai Waigaoqiao Shipbuilding (SWS), with the contract signing ceremony held...

Contship New escapes pirates but threat still high

An attack on the 1,080TEU vessel Contship New on 23 April was foiled when security forces arrived with the crew secure in the citadel...

CMA CGM launches ship finance loan offer

French carrier CMA CGM said it has launched an “innovative financing offer” that enables shippers to access financing without a requirement for credit insurance. SHIPFIN...

2M Alliance continues Transpacific network updates

The 2M Alliance has been updating its Transpacific network to the US East Coast with the aim of better managing the current challenging market...

Maersk commences Asia-Europe intermodal service

Maersk has announced the launch of its AE77 service, a weekly intermodal freight service from Asia to Southern Europe. The first containers coming from Asia...

CMA CGM and Hapag-Lloyd revise rates from Europe

Hapag-Lloyd and CMA CGM have announced new rates from Europe to different destinations worldwide, effective from next month. Hapag-Lloyd will apply increased ocean tariff rates...

Miami box terminal finalises modernisation project

PortMiami's South Florida Container Terminal (SFCT) has announced that it is close to completing its three-year modernisation project to prepare for future growth. The project...

Contship New attacked southwest of Nigeria

Security firm Dryad Global is reporting an ongoing incident involving the container ship Contship New which was reportedly boarded by pirates at around 10:30hrs...

Danaos completes debt restructuring

Greek vessel charterer Danaos Corporation has restructured its US$1.25 billion debt, the refinancing reduces the outstanding debt to a single credit facility from the...

Mitsui to send staff to Mærsk Mc-Kinney Møller Center

Japanese technology company Mitsui & Co has agreed to the secondment of specialist technicians to the Copenhagen-based JapanMærsk Mc-Kinney Møller Center for Zero Carbon...

Maersk supports Covid-19 antigen self-test distribution

Maersk has announced a dedicated train carrying medical equipment departed from Xiamen, Fujian Province in China on 21 April, carrying a forty-one 40’-container consignment...

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Asia’s Europe-Bound Container Exports Grow

Asia’s container exports to Europe reached 1.64 million TEUs in April, marking an 8.4% two back-to-back months of year-on-year increase, according to data from...

Container ship newbuilding orders hit new high

The drive to have ships running on alternative fuels has pushed the container ship orderbook (newbuilding orders) to a new high of 9.4 million...

How Fincantieri’s actions signal a securitization amid IMEC project?

Italy is fast-tracking its transformation into a regional maritime security power, with Fincantieri reshaping its industrial strategy to focus more heavily on warships and...
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