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Seoul earmarks US$2.5 billion to boost vessel capacity of smaller box lines

Container News Team - 0
As part of plans to grow the locally owned container shipping fleet, the South Korean government will set aside around US$2.5 billion to increase...
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S. Korean lines jointly commission three box ships

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South Korean feeder operators Namsung Shipping, its subsidiary Dong Young Shipping, as well as Dongjin Shipping, are jointly ordering three 1,600TEU ships from Hyundai...
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Dongjin takes delivery of fourth newbuilding

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South Korean feeder operator Dongjin Shipping has upgraded its South Korea-Japan service with a 1,000TEU newbuilding that it just bought from Dae Sun Shipbuilding...
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South Korean liner alliance in dispute with Busan Port Authority

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Korea Shipping Partnership (KSP), a quasi-alliance of South Korea's liner and feeder operators, are seeking arbitration with regard to Busan Port Authority's request that...
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KMTC Line maintains leading role among South Korean feeder operators

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Korea Marine Transport Company (KMTC Line) has retained its crown as the best performing South Korean feeder operator in terms of earnings. All 12 privately...
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Port News

Busan Port considers volume-linked terminal rentals

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Busan Port Authority (BPA), aware of the challenges facing liner operators, could offer volume-linked rental rates to terminal operators from 2022, ahead of the...
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PIL continues ship sales with Wan Hai Neo-Panamax deal

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Pacific International Lines (PIL) continues to sell container ships amid talk of financial pressures at the Singapore-based liner operator. On 2 March 2020, Taiwanese carrier...
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The Indian Ocean Rivalry

CN Premium Articles Alexandros Itimoudis - 0
The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...
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Statkraft advances plans for green hydrogen scheme at Hunterston

News Container News Team - 0
Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...
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Port of Bilbao wraps up busiest month for cruise traffic

Out of the Box Alexandros Itimoudis - 0
May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...
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Tripoli port shutdown sparks maritime crisis in Libya

CN Premium Articles Alexandros Itimoudis - 0
Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...
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