KITA proposals seek Seoul action on soaring Pacific rates
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The Korea International Trade Association (KITA) has submitted a proposal to the Ministry of Trade, Industry and Energy and the Ministry of Oceans and...
CCS could be GHG gamechanger
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K Line, whose container ship division is now part of Ocean Network Express (ONE), is collaborating with Mitsubishi Shipbuilding and class society ClassNK, to...
Updated: American truckers hit lines with intermodal lawsuit
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The American Trucking Associations’ (ATA) Intermodal Motor Carrier Conference (IMCC) has filed a lawsuit against “unlawful actions” by foreign shipping lines that they claim...
Online resiliency training offers seafarers a lifeline
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Training for seafarers trapped on board vessels for up to 18 months can now be viewed online if crew have access to a web...
Owners search for bargain basement deals
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Second-hand vessel sales for containerships has nosedived in the midst of the current Covid-19 crisis with just 46 ships having changed hands from 1...
MABUX – bunker Index – 20 April
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As a reflection of the current news priorities, from this week we will reduce the frequency of the MABUX bunker index stories from daily...
Charter market stagnation not likely to last says broker
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Expectations of a rate correction in the charter market are high as owners and buyers look for solutions for delivering vessels. In the short-term rates...
Heung-A reroutes service away from Pyeongtaek amid sluggish demand
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South Korean intra-Asia carrier Heung-A Line has reorganised its Japan-Pyeongtaek Express (JPX) service between South Korea and western Japan, as demand became sluggish amid...
DACHSER expands Europe-Chile network
DACHSER, a global logistics solutions provider, has announced its new fixed weekly schedule of LCL (Less than Container Load) services departing from Hamburg in...
MABUX bunker index – 18 March
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Veritas Pertoleum Services (VPS) has issued 15 bunker alerts since the sulphur cap was introduced on 1 January this year, surprisingly of those alerts...
Newbuildings take the stage
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Overcapacity in the shipyards has seen the market develop in favour of the buyer with the latest deals, including OOCL’s five vessel order for...
Hapag-Lloyd announces new GRI from East Asia
Hapag-Lloyd will implement the following General Rate Increase (GRI) in the eastbound trade from East Asia to all USA and Canada destinations as of...
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Singaporean state investment firm Temasek mum on PIL bailout
The Singapore government’s investment company Temasek Holdings is remaining tight-lipped on market talk that it may take a stake in embattled liner operator Pacific...
High speed and compromised manoeuvring caused Milano Bridge accident
The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...
Chinese shipyards win giant container ship order
Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...
MSC Rosa M damages Mumbai crane
The 14,000TEU MSC Rosa M has hit and seriously damaged a crane at the DP World terminal in Nhava Sheva, NSIGT in Mumbai, while...
Taking the personal view for crew working on container shipping
Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...
