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‘Stop’ on Maersk’s divestment of MCI

Container News Team - 0
A.P. Moller - Maersk and China International Marine Containers (CIMC) have announced that the previously announced transaction has been terminated, whereby CIMC would acquire...
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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...
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Container shortages fill CIMC’s order books

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China International Marine Containers, the world’s largest container manufacturer, has stated that the shortage of containers has resulted in a slew of orders, keeping...
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Mixed H1 results for COSCO and CIMC

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COSCO Ship Holdings (CSH), the container shipping unit of the China COSCO group, blames lower cargo volumes on long-haul routes for the decline in...
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Covid-19 hits COSCO Ship Holdings & CIMC earnings

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Domestic volumes were hit the hardest and weak demand was also a factor as COSCO Ship Holdings and China International Marine Containers both posted...
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Evergreen orders nearly 12,000 new containers from CIMC

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Evergreen Marine Corporation is ordering 11,500 X 20-foot containers from China International Marine Containers (CIMC) for US$37.13 million. Evergreen itself has a container manufacturing subsidiary,...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
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...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
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...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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