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CU Lines joins South Korea-Vietnam route shake up

China United Line (CU Lines), is launching a service between South Korea and South East Asia for the first time after purchasing slots on...

Seoul unveils grand plan for container shipping

The South Korean government wants to boost the container carrying capacity of the country’s liner operators to 1.2 million TEU by 2025. The Minister for...

HMM sees profit as Transpacific builds on peak season demand

Profits on considerably lower volumes are the trend in this pandemic blighted year. But South Korea’s serial underachievers at HMM, normally the onion in...

THE Alliance announces September void sailings amid Covid-19 pandemic

THE Alliance has announced its updated service adjustments in September in order to manage demand in the shipping market amid the coronavirus pandemic. The alliance...

CMA CGM to buy stake in HMM’s Algeciras terminal

CMA CGM will buy HMM’s 50% stake in Total Terminal International Algeciras (TTIA), which operates a container terminal in the south of Spain. HMM announced on...

Disappointing South Korean liner alliance reformed for another year

Korea Shipping Partnership, a quasi-alliance of all 14 South Korean liner operators, has extended its term by a year, even as its three years...

Pandemic effects force lines into continuous schedule adjustments

In terms of blanked sailings and capacity management, there are no signs of recovery going forward into the third quarter, according to a Braemar...

SIPG and THE Alliance test fast-track container processing at Yangshan

Shanghai International Port Group (SIPG) and THE Alliance have entered into an agreement to test out onshore container drop-offs for cargoes bound for Yangshan...

Erratic rate discipline undermined the lines in 2011, can they hold their nerve in 2020?

A senior analyst believes that the crucial test for the carriers will come when the battle against the Covid-19 virus has turned in the...

THE Alliance announces Transpacific trade updates

THE Alliance, a shipping alliance comprised of Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, will implement the following changes on the Transpacific...
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GSTS expands in Europe with world’s first AI-powered collaborative optimisation solution

Global Spatial Technology Solutions (GSTS), a maritime AI company, has announced the expansion of its solution offerings to European markets. GSTS has recently established an...

Capesize S&P activity drops around 48%

Written by Rebecca Galanopoulos, Senior Content Analyst at Veson Nautical Using VesselsValue Timeseries, we examine how historical orderbook trends have influenced time charter rates and...

Transpacific container rates starting to spike on demand surge

Logistics markets and supply chains faced another confusing, dramatic few days last week as the US Court of International Trade ruled that President Trump...

BIMCO develops standard clause addressing USTR uncertainties

BIMCO, the world’s largest shipping association, has initiated the development of a standard industry clause to address contractual uncertainties arising from the United States...
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