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Friday, September 25, 2020
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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...

OOCL updates Transpacific blank sailings schedule

OOCL has published an update to its April announcements on the withdrawal of the Transpacific sailings in May and June. The newly added void...

OOCL Q1 results a boost for lines or a portent of harder times to come

Initial results for the first quarter released by OOCL could be seen as a boost to lines, which it is generally agreed have manged...

Known unknowns add up to a complex Pacific contract picture

Complexities in managing annual cargo rate negotiations have been exposed by the Covid-19 virus with shippers and forwarders struggling to understand what cargo commitments...

OOCL updates Transpacific blank sailing programme

In response to the expected low demand in the market, OOCL has provided an update on the withdrawal of the Transpacific sailings in April...

Waiting game for US logistics

Logistics firms all along the supply chain are waiting to see what happens to the infection rate in the United States and what the...

OOCL updates transpacific void sailings

In response to the expected low demand in the market, OOCL has provided an update to its 26 March announcement on the withdrawal of...

COSCO Shipping Holdings profit up 450%

COSCO Shipping Holdings said on 30 March 2020 that net profit for 2019 rocketed nearly 450% from 2018, with earnings of CNY6.8 billion (US$...

OOCL postpones EMA service launch

OOCL has decided to postpone the launch of its new East Mediterranean – America Service (EMA) by three weeks until April 25. As such, the...

OOCL withdraws more tranpacific sailings in April

OOCL has announced the additional withdrawal of the following transpacific sailings in April: Pacific China South 1 (PCS1) Port rotation: Fuqing > Nansha > Hong Kong...
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Hapag-Lloyd invests in LNG retrofit

German vessel operator Hapag-Lloyd is converting a former UASC ship, the 15,000TEU Sajir, to operate on LNG fuel. Hapag-Lloyd said that using LNG compared to...

Lines argue FMC has no jurisdiction in chassis dispute

The world’s biggest shipping lines have filed a motion to dismiss a US$1.8 billion complaint about equipment use in the US on the grounds...

DP World Australia expects to resolve dockers dispute

Dock workers in Port Botany, Sydney Australia, are expected to reach a negotiated agreement to their dispute with DP World Australia (DPWA) following a...

“Abraham Accords” leads to market buoyancy in Middle East

Maersk Line, the world's largest container shipping carrier, will start to ship boxes between Israel and United Arab Emirates (UAE), as the two countries...