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OCEAN Alliance launches Tianjin-Europe service

The OCEAN Alliance of COSCO Shipping Lines, Evergreen Marine Corporation and CMA CGM has launched a new service connecting the northern Chinese port of...

Ocean Alliance updates European products

The Ocean Alliance has announced changes in two Asia-Europe products, Loop 4 (LL4) and Loop 5 (LL5), in order to offer "more competitive and...

RCL expands China-Indian subcontinent links

Thai feeder operator Regional Container Lines is enhancing its connections between China and the Indian subcontinent, through slot purchases on CMA CGM's North China-India...

Congestion at North American terminals as Covid takes its toll

Carriers are reporting a number of pinch-points at US and Canadian ports as container volumes have increased to in excess of pre-pandemic levels while...

Golden Week transpacific blankings reach Covid-19 peak levels

The capacity reductions which have been already decided by the shipping lines amidst the upcoming Chinese Golden Week are at similar levels to the...

Wan Hai goes solo on Pacific trades

Wan Hai Lines is now offering a solo Far East-US West Coast service after Pacific International Lines (PIL) withdrew from the Transpacific trade. The China...

OOCL takes slot-charter on Evergreen’s S. America service

Hong Kong based OOCL, a subsidiary of China’s COSCO has chartered slots on Evergreen’s Westcoast South America service and is booking cargo for its...

Evergreen raises capital in maiden overseas bond issue

Taiwanese liner operator Evergreen Marine Corporation will turn to overseas investors to raise US$300 million in capital to cover the company’s operations. The company announced...

Updated: Feeling for the bottom of the recession

According to the Danish consultancy Sea-Intelligence the level of blank sailings has reached a “plateau” although there are now more than 500 cancellations in...

Savvy lines act to protect cash flow

Shipping lines have learned the lessons of the substantial fall in demand experienced during the financial crisis in 2008/9 and have managed capacity in...
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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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