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HMM sells half-stake in Algeciras terminal

HMM has sold a 50% stake in its subsidiary Total Terminal International Algeciras (TTIA), which operates a container terminal in Algeciras, Spain. The South Korean...

Subsidised container inspections for South Korean SMEs

Korea Customs announced on 17 June 2020 that the government will subsidise the cost of inspecting import and export containerised cargoes to help small...

Yang Ming allotted state loan of nearly US$270 million

Yang Ming Marine Transport Corporation will receive TW$8 billion (US$269.41 million) from the Taiwanese government’s recently announced financial assistance for the shipping industry. Through the...

US decision to remove HK trade privileges adds to China tensions

Liner operators are concerned about the US decision to remove Hong Kong’s trade privileges, which was triggered by China’s plans to impose a national...

Rate levels not costs key to mitigating carrier 2020 losses as lines cancel more services

Maintaining freight rate levels is key to maintaining carrier profits in this crisis hit year that has seen shipping lines slash services, managing capacity...

Germocide goes top of the containerisation agenda

Anti-social media robbed the health authorities of the term ‘going viral’. Now, sadly the medical teams have stolen it back with a vengeance. Loathe...

HMM Oslo heads for Europe with a full load

HMM Oslo, the company’s second 24,000TEU ship, has left for Europe, according to a company statement on 31 May, with all its slots full,...

Updated: Feeling for the bottom of the recession

According to the Danish consultancy Sea-Intelligence the level of blank sailings has reached a “plateau” although there are now more than 500 cancellations in...

HMM works with Kakao to digitalise its business

HMM has entered into a partnership with Kakao Enterprise to develop artificial intelligence (AI)-based platform services to digitally transform its customer facing operations. Kakao Enterprise...

HMM returns to US East Coast after three-year hiatus

The 13,154TEU container ship, Hyundai Hope, marked the return of HMM to the US east coast after three years, when the vessel called at...
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HHLA acquires majority stake in Ukrainian terminal

Hamburger Hafen und Logistik AG (HHLA) has decided to invest in a Ukrainian terminal, acquiring 60% of the shares in Eurobridge Intermodal Terminal LLC...

India vows to emerge as shipbuilding power through external partnerships

India's shipbuilding sector is experiencing a strategic transformation, driven by a convergence of geopolitical motives, national industrial goals, and ambitious maritime visions. Under Prime Minister...

Sierra Leone’s Freetown Port prepares for digital transformation

A needs assessment mission conducted in Sierra Leone from 26 to 30 May has laid the groundwork for the introduction of a Maritime Single...

APM Terminals Lázaro Cárdenas receives six new electric cranes

APM Terminals Lázaro Cárdenas has received six cutting-edge electric automated rail-mounted gantry cranes, marking a significant step forward in modernizing Mexico’s logistics infrastructure. These cranes...
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