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

News

HMM makes early redemption of convertible bonds

n.savvides - March 25, 2021 0

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...

News

LNG power lauded in Singapore bunker op’s

n.savvides - March 25, 2021 0

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...

News

Gebrüder Weiss moves into new logistics centre in Austria

Container News Team - March 24, 2021 0

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

News

COSCO suspends Myanmar services

n.savvides - March 24, 2021 0

COSCO Shipping Lines (COSCON) has joined several major liner operators in curtailing calls to Myanmar as the recent military coup in the Southeast Asian...

News

Wan Hai expects tight capacity to continue this year

n.savvides - March 24, 2021 0

Wan Hai Lines expects another good year for the container shipping industry, after the Taiwanese carrier's 2020 net profit rose nearly fourfold amid tight...

News

Ottawa draws up Montreal Port strike contingency plan

n.savvides - March 24, 2021 0

Canadian media is reporting that Justin Trudeau’s federal government is drawing up plans to prevent strike action following the overwhelming rejection of the latest...

Port News

Mersin Port to add 1 million TEU capacity by 2022

Container News Team - March 24, 2021 0

Mersin International Port Management Inc. (MIP), Turkey’s largest trade gateway, has marked the beginning of the expansion works for EMH II expansion project, which...

News

Maersk joins global methanol association

Antonis Karamalegkos - March 24, 2021 0

A.P. Moller - Maersk becomes the first container shipping company to join the Methanol Institute (MI), the global trade association for the Methanol Industry,...

Port News

Port Everglades expansion sees new giant cranes

Container News Team - March 24, 2021 0

Port Everglades has commissioned three new Super Post-Panamax gantry cranes from Shanghai Zhenhua Heavy Industries Co., Ltd. Inc. (ZPMC) on 22 March, as part...

News

Hapag-Lloyd unveils plans for sustainability note

Container News Team - March 23, 2021 0

Hapag-Lloyd AG plans to issue a sustainability-linked corporate senior notes of €300 million (US$356 million), which will comply with the principles of the International...

News

Industry majors enter partnership with Mærsk Mc-Kinney research centre

n.savvides - March 23, 2021 0

Vessel owner Seaspan Corporation has become the latest major maritime company to sign a partnership agreement with the Mærsk Mc-Kinney Møller Center for Zero...

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Sticky News

Kuehne+Nagel delivers Türkiye’s largest floating drydock to the US

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P&O Maritime Logistics to acquire NovaAlgoma Cement Carriers