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Port News

Wan Hai to spend almost US$253 million to refurbish Kaohsiung terminal

Container News Team - 0
Taiwanese liner operator Wan Hai Lines will spend nearly US$253 million on refurbishing the No. 5 Terminal in Kaohsiung after taking over the facility...
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Ocean Alliance unveils upgraded global service network

Antonis Karamalegkos - 0
The Ocean Alliance, comprising CMA CGM, COSCO, OOCL and Evergreen, has announced its latest global service network, which will launch in April with 42...
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Most Visited - Newsletter

“Please don’t keep comparing bonuses,” says Yang Ming boss

Container News Team - 0
Yang Ming's chairman has asked employees not to compare their bonuses with the 40-month bonuses that some staff of compatriot rival Evergreen Marine Corporation...
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Envy as Evergreen staff get 40-month bonuses

Container News Team - 0
Staff at Evergreen’s compatriot rivals have become envious after Taiwan’s largest liner operator gave some employees a year-end bonus of as much as 40...
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Evergreen spends nearly US$70 million on more containers and cranes for LA terminal

Container News Team - 0
Evergreen Marine Corporation is going for another round of capital investments as the Taiwanese liner operator looks to bolster its competitiveness amid healthy earnings...
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Yang Ming boss claims Taiwanese carriers could earn more than banks in 2021

Container News Team - 0
Yang Ming chairman Cheng Cheng-mount said at a media briefing that with the liner industry heading for another year of record earnings, Taiwan's three largest...
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Evergreen splashes out on 24,000TEU ships and more containers

Container News Team - 0
Taiwanese liner operator Evergreen Marine Corporation has extended its spree on newbuildings and containers, as its profit continues to climb amid firming freight rates. On...
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Cavotec to supply Evergreen, Seaspan and Capital with shore power connection systems

Container News Team - 0
The supplier of cleantech systems Cavotec has been awarded three orders for its shore power connection systems by the marine equipment manufacturer Samsung Heavy...
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Most Visited - Newsletter

Yang Ming and Evergreen join Taiwan’s first finance blockchain group

Container News Team - 0
Taiwanese liner operators Yang Ming Marine Transport and Evergreen Marine Corporation have joined their country's first financial blockchain platform. On 23 September, Cathay Financial Holdings...
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Top 10: The busiest container port and terminal operators in the world

Container News Team - 0
Container News continues its exciting "Top 10" series of articles and this time we have noted the ten busiest container port and terminal operators in...
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DP World and J.P. Morgan launch partnership

News Alexandros Itimoudis - 0
DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...
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Red Sea shipping traffic rebounds as Houthis limit targets

News Alexandros Itimoudis - 0
Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...
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CMA CGM applies new surcharge from Far East to West Africa

Rates & Surcharges Container News Team - 0
French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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China to counterbalance Panama setback through South America projects

CN Premium Articles Alexandros Itimoudis - 0
As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...
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