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UN heads call for key transport worker vaccinations

In a joint statement aimed at all governments around the world, the heads of five United Nation's bodies have called for transport workers to...

Hanoi acts to cool overheated freight market

The Vietnamese government has joined its counterparts in China, Taiwan, the US and South Korea, by intervening to cool the overheated container shipping market. Vietnam’s Ministry of Industry...

E-commerce drove Yang Ming’s 2020 profits

Taiwan carrier Yang Ming rode the crest of a wave of new e-commerce business as consumers reached for e-commerce solutions to the restrictions imposed...

OOIL sees its profits skyrocket during 2020

Orient Overseas International Limited (OOIL) has achieved significant increases both in its 2020 revenues, which reached US$8.191 billion and in container liftings which grew...

Coronavirus hits HHLA earnings and volumes

Hamburger Hafen und Logistik AG (HHLA) has taken a substantial financial and operational hit as a result of the Covid-19 pandemic with the German...

Asean Seas Line makes ship owning debut

Independent Chinese feeder operator Asean Seas Line (ASL), which until now operated only chartered vessels, has ventured into ship owning, with two 1,900TEU ships...

Gothenburg sees new short-sea box terminal

The Port of Gothenburg will open a new dedicated to intra-European transportation container terminal, which will be located at Skandiahamnen’s western quay and will...

Zim launches new Asia-North America East Coast service

Zim has announced its new SEA-USEC eXpress (ZSE) service, a new Transpacific line connecting South East Asia and the US East Coast. The new product,...

GSF calls for greater scrutiny of container lines from EC

The Global Shippers’ Forum (GSF) has called for the EC to monitor the container shipping industry more closely as the Consortia Block Exemption Regulation...

HMM makes early redemption of convertible bonds

HMM is exercising its right to make early repayment to holders of KRW240 billion (US$220.79 million) of convertible bonds. The bonds were issued in December...

LNG power lauded in Singapore bunker op’s

CMA CGM has carried out the first ship-to-ship bunkering operation in Asia with the FueLNG Bellina, Singapore’s first LNG bunkering vessel, refuelling the LNG...

Gebrüder Weiss moves into new logistics centre in Austria

The international transport and logistics company Gebrüder Weiss has opened a new logistics centre in Kalsdorf near Graz, Austria with a total area of...

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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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