North American container terminals are slowing, and in some cases shuttering, as volumes drop due to the Coronavirus pandemic. The coming months are likely...

News

CMA CGM agrees eight-terminal deal with China Merchants

n.savvides - March 26, 2020 0

France's CMA CGM shipping group has reached agreement with China Merchants Port (CMP) on the sale of its interests in eight port terminals to...

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HMM axes South Korea-Japan service

n.savvides - March 26, 2020 0

Hyundai Merchant Marine (HMM) will cease its South Korea-Japan service ahead of the South Korean liner operator’s entry into THE Alliance on 1 April. HMM's...

News

EC renews Liner Block Exemption

n.savvides - March 25, 2020 0

The European Commission has decided to proceed with its planned renewal of the liner shipping consortia block exemption despite vociferous protests from shippers and...

News

ZIM promotes wider use of e-B/L during COVID-19 crisis

Antonis Karamalegkos - March 24, 2020 0

ZIM has completed an additional stage in advancing its use of electronic bills of lading (e-B/L) with the launch of a fully operational e-B/L...

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Talia F crew suffered three-hour ordeal

n.savvides - March 24, 2020 0

Seventeen crew members on board the MSC Talia F, which was attacked by pirates suffered a three-hour ordeal as the attackers searched for hostages...

Port News

Port of Hamburg calls out misleading empties reports

n.savvides - March 24, 2020 0

There is no scarcity of empty containers at the Port of Hamburg said the port’s CEO Axel Mattern following an extensive survey of the...

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PIL admits to financial stress

n.savvides - March 23, 2020 0

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

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Outlook bleak for Q2 says Sea-Intelligence

n.savvides - March 23, 2020 0

US output could fall “a staggering 24%” in the second quarter of this year as the Danish consultancy Sea-Intelligence reports that a combination of...

Most Visited - Newsletter

Maersk’s crisis preparations: fail to plan and you plan to fail

n.savvides - March 22, 2020 0

Covid-19 crisis management is a must for supply-chains since the beginning of this year and if shippers were interested in how shipping lines were...

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Demand a concern as supply undergoes rapid recovery

n.savvides - March 20, 2020 0

Freight rates on the world’s two biggest routes, the Pacific and Asia/Europe trades, are on their way up as China’s manufacturing sector returns with...

News

Government pays to refloat troubled domestic carrier Antong

n.savvides - March 17, 2020 0

Antong Holdings, parent company of Chinese domestic operator Quanzhou Ansheng Shipping, will receive around US$8.4 million in government subsidies, after disclosing estimated losses of...

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