A 2,664TEU container ship operated by pan-Japanese carrier Ocean Network Express (ONE) was robbed while anchored in Manila. The incident on NYK Joanna happened around...

Most Visited - Newsletter

Lack of guards gave Tommi Ritscher pirates a free hand

n.savvides - April 21, 2020 0

A lack of guards on vessels could have allowed the pirates to attack the 5,000TEU container ship Tommi Ritscher on 19 April, according to...

News

Volatile oil prices see VLSFO dip below HFO for the first time

n.savvides - April 21, 2020 0

The price of VLSFO has dipped below the price of HFO for the first time this week as the volatility of crude oil prices...

Rates & Surcharges

Beibu Gulf develops SE Asia logistics links

n.savvides - April 21, 2020 0

Guangxi Beibu Gulf Economic Zone Planning Construction and Administration Office is striving to increase container throughput along the Beibu Gulf Rim to develop China’s...

Most Visited - Newsletter

Eight crew held hostage in West Africa attack

n.savvides - April 20, 2020 0

An armed attack on the Portuguese registered, German owned container ship Tommi Ritscher has seen eight crew taken hostage and a further 11 seafarers...

News

Hin Leong fails to disclose US$800 million losses

Container News Team - April 20, 2020 0

The founder and director of major Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT) directed the firm not to disclose hundreds of millions...

Most Visited - Newsletter

HMM launches US$592m bond issue for new containers, working capital

n.savvides - April 20, 2020 0

South Korean mainline operator HMM is issuing KRW720 billion (US$592.3 million) in convertible bonds, raising funds for capital investments in new containers as well...

News

Maersk launches cold store in Russia

Container News Team - April 20, 2020 0

Maersk has announced that the largest cold store in St. Petersburg, whose construction commenced in June 2019 is now operational. The three-chamber warehouse operated...

News

Florens sees upsurge in container demand

n.savvides - April 17, 2020 0

Container lessor Florens Asset Management Company (Florens) has reported a surge in container orders at its factory in China’s Lianyungang Port, since Chinese ports...

News

Terry Mansfield the father of modern maritime reporting dies

n.savvides - April 16, 2020 0

Terry Mansfield, the former CEO at National Magazines, has had many accolades over the past two weeks, since news of his death, a victim...

News

MSC admits malware attack

Container News Team - April 16, 2020 0

Mediterranean Shipping Company (MSC) has confirmed it suffered a cyber attack during the previous week, which forced them to go offline for more than...

Sticky News

Charter market stagnation not likely to last says broker

n.savvides - April 15, 2020 0

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...

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