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FMC floats Shipping Act update
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Bringing outdated shipping regulations in the US in line with the changes that have taken place in the container industry in the last decade...
SCA starts canal widening project
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Dredging work to widen the southern section of the Suez Canal, south of the Great Bitter Lake, has started following last week’s announcement that...
Antong continues recovery with Q1 profit
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Antong Holdings, the parent company of China’s second largest domestic liner operator Quanzhou Ansheng Shipping, has released its Q1 figures, with a CNY43.76 million...
Chinese and French companies feel the wind in their sails
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A team of French companies has allied with major Chinese naval architecture company SDARI, a subsidiary of the China State Shipbuilding Company (CSSC), and...
Cosmoship takes up options for 1,500TEU pair
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Greek tonnage provider Cosmoship Management has exercised options for another pair of 1,500TEU ships at CSSC Huangpu Wenchong Shipbuilding.
The options are tied to an...
RCL’s Q1 profits soar 240 times
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Thai intra-Asia carrier Regional Container Lines' net profit for Q1 2021 grew 240-fold to THB2.94 billion (US$94.19 million), a figure the management described as...
Free for all sees rates blow indexes out of the water
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Freight indexes have become divorced from the reality of the market according to consultant Jon Monroe, who says that no index accurately represents the...
Wan Hai acquires Capital Maritime’s newbuilding quartet
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Wan Hai Lines announced on 14 May that it will purchase four 13,100TEU ships that Capital Maritime & Trading originally commissioned at Samsung Heavy...
Yang Ming to diversify business scope
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Yang Ming Marine Transport chairman Cheng Cheng-mount said at an investors' conference on 11 May that the company wants to diversify into other industries...
TS Lines says IMO rules could cause 2023 vessel shortage
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TS Lines chairman Chen Te-sheng believes that new regulations governing greenhouse gas emissions, due in less than two years could cause a shortage of...
Most Read
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...