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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CMA CGM launches new JEDDEX service

Container News Team - March 17, 2020 0

CMA CGM Group has introduced its new JEDDEX service, connecting the Middle East with East Africa. The new service will be a relay service...

Port News

Port of Savannah sets new crane fleet record in North America

Container News Team - March 17, 2020 0

The Port of Savannah received three neo-Panamax ship-to-shore cranes on Tuesday, bringing its total to 36, more than any other single terminal in North...

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Miscarriage of HFO lands MSC vessel in hot water

n.savvides - March 16, 2020 0

The United Arab Emirates’ (UAE) Federal Transport Authority (FTA) has said it has forbidden the MSC Joanna to enter its ports for a year...

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Maersk launches cargo insurance in Spain

n.savvides - March 16, 2020 0

Danish liner operator Maersk Line has begun to roll out its new line in cargo insurance, offered in collaboration with Zurich Insurance Plc (Zurich)...

News

Higher profits for Chinese intra-Asia carrier SITC

n.savvides - March 16, 2020 0

SITC International Holdings, the parent of Chinese intra-Asia carrier SITC Container Lines, reports that 2019 profits were up 11% to US$221.5 million as cargo...

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China is now the largest container ship-owning nation

n.savvides - March 13, 2020 0

The German Shipowners’ Association (VDR) President Alfred Hartmann has said that China has surpassed Germany as the largest container ship-owning country. Ship databases corroborate Hartmann’s...

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