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Wednesday, May 22, 2024
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Tag: Arkas Line

Arkas Line breaks newbuilding hiatus with four-ship order in China

Turkish box carrier Arkas Line has ordered four 4,300 TEU container ships at China's CSSC Huangpu Wenchong Shipbuilding. Arkas said the total contract value is...

Arkas and Sealand launch joint service

Sealand - A Maersk Company Europe & Med. together with the partner Arkas Line announce the launch of joint Black Sea seasonal reefer service. "We...
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Red Sea bounce gives carriers bottom line boost

Container shipping, it appears, loves a crisis. With the pandemic supercharging carrier incomes, the latest dip has been abruptly halted by the Red Sea...

Visayas Container Terminal welcomes inaugural CPX6 service call

Visayas Container Terminal (VCT), a business unit of International Container Terminal Services, Inc. (ICTSI) at the Port of Iloilo in Panay, Philippines, welcomed the...

Stolt-Nielsen to pay MSC US$290 million to settle MSC Flaminia claim

Norwegian chemical shipping group Stolt-Nielsen will pay US$290 million to MSC to settle claims resulting from the fatal explosion that claimed the lives of...

Box lines’ first-quarter margins the best since 2010, bar Covid-boom

Liner operators' operating margins for 1Q 2024 have reached the highest since 2010, excluding the period during the Covid-induced boom, according to Alphaliner’s report. Average...