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Zhonggu profits from Panamax quartet sale
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Taking advantage of the red-hot container shipping market, China's largest domestic liner operator Zhonggu Logistics will reap a profit of at least US$69 million...
Lawyers file for compensation after fishing boat collision with APL Le Havre
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Lawyers acting for six dead fishermen and a further six missing crew following a collision with the APL Le Havre expect to reach a...
Booming rates sees APMM raise its 2021 outlook
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Surging demand that has caused congestion is within the supply chain and a shortage of available equipment has seen demand increase along with soaring...
Briese Schiffahrts makes boxship order debut at Huangpu Wenchong
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German tonnage provider Briese Schiffahrts has made its maiden order for container ship newbuildings at China State Shipbuilding Corporation (CSSC)’s Huangpu Wenchong Shipbuilding with...
Sea Consortium stretches newbuilding spree with 7,000TEU quartet
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Sea Consortium, the parent of Singapore-based X-Press Feeders, has commissioned four 7,000TEU ships at Shanghai Waigaoqiao Shipbuilding (SWS), with the contract signing ceremony held...
Contship New escapes pirates but threat still high
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An attack on the 1,080TEU vessel Contship New on 23 April was foiled when security forces arrived with the crew secure in the citadel...
CMA CGM launches ship finance loan offer
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French carrier CMA CGM said it has launched an “innovative financing offer” that enables shippers to access financing without a requirement for credit insurance.
SHIPFIN...
HMM launches extra loader to ease Suez blockage
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HMM has announced the launch of an Asia-Europe extra loader service to alleviate the bottleneck created by the grounding of the Ever Given in...
Ever Given crew should not be hostages in a legal war
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Too often crew are used as a pawn in a legal chess match between owners and authorities. Sometimes that can lead to seafarers being...
Contship New attacked southwest of Nigeria
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Security firm Dryad Global is reporting an ongoing incident involving the container ship Contship New which was reportedly boarded by pirates at around 10:30hrs...
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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...