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Saturday, May 17, 2025
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MPC Capital orders four post-panamax vessels at South Korean shipyard

Hamburg-based asset and investment manager MPC Capital has announced an order of four new container vessels at Korean shipyard HJ Shipbuilding & Construction (HJSC),...

SM Line executives take salary cut as COVID-19 hits

South Korean liner operator SM Line Corporation has asked executives to take a 10% salary cut as the company suffers from falling container volumes...

Korean maritime transport industry suffers

Despite a boom in the Korean transportation sector, sales of the Korean maritime transport industry plunged more than 10% in 2017. The industry has...
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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...
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