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Zim, Maersk and MSC launch USEC service
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Capacity constraints in the Pacific trades as well as Southern California’s ports at Los Angeles and Long Beach has seen substantial delays for cargo,...
PIL finalises restructuring with Heliconia
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Pacific International Lines (PIL) has finalised its restructuring plan on 30 March, agreed with creditors including Heliconia Capital Management, a unit of the Singapore...
COSCO SH credits response to Covid-19 as profit soars
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Facing capacity and container crunches brought on by Covid-19, COSCO Ship Holdings (CSH) endeavoured to find solutions for its customers, said the line.
CSH, the...
Karnaphuli Group acquires another PIL pair
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Pacific International Lines (PIL) has sold two more ships to Bangladesh's Karnaphuli Group as the Singaporean liner operator continues to boost its liquidity.
The 1999-built...
Insurers warn against vaccine theft as marine supply chain gears up
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Calls for governments to secure vaccine supply chains are being made by freight insurer the TT Club as disruption of the maritime vaccine supply...
Confirmation of Ever Given’s re-flotation
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Technical manager Bernhard Schulte Shipmanagement (BSM) has confirmed that the Ever Given has now been fully re-floated at approximately 15:00 hours local time.
A full...
Oakland congestion sees MSC omit Jaguar service call
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Mediterranean Shipping Company (MSC) will omit sailings from the Port of Oakland in California as congestion and supply chain disruptions impact the port and...
CU Lines expands overseas services and orders more ships
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China United Lines (CU Lines) continued to push into overseas markets, launching services to Southeast Asia, Taiwan and Japan this month.
The Chinese state-controlled liner...
Updated: Salvage teams move Ever Given 5m
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Salvage teams from the Suez Canal Authority (SCA) have said that they have successfully moved the bow of the stricken ship five metres as...
Salvors free stern of Ever Given
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Hopes of re-floating the stranded 20,388TEU Ever Given following this weekend increased when salvage teams using Suez Canal tugs reportedly succeeded in freeing the...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
Wan Hai Lines debuts new Vietnam–Thailand–India direct route
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
MSC and ZIM downsize joint Far East-US East Coast service network
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...