Wednesday, August 27, 2025
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Tag: SM LINE

SM Line cuts intra-Asia services to focus on transpacific trade

SM Line Corporation is shrinking its intra-East Asia services to focus on its transpacific routes now that it’s part of the 2M network with...

SM Line executives take salary cut as COVID-19 hits

South Korean liner operator SM Line Corporation has asked executives to take a 10% salary cut as the company suffers from falling container volumes...

SM Line completes maiden voyage to Portland

On January 14, SM Line made its inaugural vessel call at the Port of Portland’s Terminal 6, bringing weekly container shipping service back to...
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KCCI down as Ex-Busan rates continue to slide

The KOBC Container Composite Index (KCCI) fell 2.66% week-on-week to 1,940 points on Monday, according to Korea Ocean Business Corp. (KOBC). Spot container rates...

MARAD celebrates christening of new national Security multi-mission vessel

The U.S. Maritime Administration (MARAD) has christened the third National Security Multi-Mission Vessel (NSMV) at Hanwha Philly Shipyard. Built for Maine Maritime Academy, the...

Eimskip reports solid Q2 results

Eimskip delivered solid results in the second quarter, supported by strong growth in container liner services and increased activity in logistics, although a significant...

Container ship orderbook crosses 10 million TEU mark

For the first time in history, the container ship orderbook has topped 10 million TEU, according to Linerlytica. Newbuilding commissions in the past year has...
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