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THE Alliance announces September void sailings amid Covid-19 pandemic

THE Alliance has announced its updated service adjustments in September in order to manage demand in the shipping market amid the coronavirus pandemic. The alliance...

CMA CGM to buy stake in HMM’s Algeciras terminal

CMA CGM will buy HMM’s 50% stake in Total Terminal International Algeciras (TTIA), which operates a container terminal in the south of Spain. HMM announced on...

Disappointing South Korean liner alliance reformed for another year

Korea Shipping Partnership, a quasi-alliance of all 14 South Korean liner operators, has extended its term by a year, even as its three years...

Pandemic effects force lines into continuous schedule adjustments

In terms of blanked sailings and capacity management, there are no signs of recovery going forward into the third quarter, according to a Braemar...

SIPG and THE Alliance test fast-track container processing at Yangshan

Shanghai International Port Group (SIPG) and THE Alliance have entered into an agreement to test out onshore container drop-offs for cargoes bound for Yangshan...

Erratic rate discipline undermined the lines in 2011, can they hold their nerve in 2020?

A senior analyst believes that the crucial test for the carriers will come when the battle against the Covid-19 virus has turned in the...

THE Alliance announces Transpacific trade updates

THE Alliance, a shipping alliance comprised of Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, will implement the following changes on the Transpacific...

HMM sells half-stake in Algeciras terminal

HMM has sold a 50% stake in its subsidiary Total Terminal International Algeciras (TTIA), which operates a container terminal in Algeciras, Spain. The South Korean...

Subsidised container inspections for South Korean SMEs

Korea Customs announced on 17 June 2020 that the government will subsidise the cost of inspecting import and export containerised cargoes to help small...

Yang Ming allotted state loan of nearly US$270 million

Yang Ming Marine Transport Corporation will receive TW$8 billion (US$269.41 million) from the Taiwanese government’s recently announced financial assistance for the shipping industry. Through the...
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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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