Black August for Shippers as Asia-Europe Capacity Cuts Set to Support Price Hikes
Shippers and forwarders in the Asia-Europe trade currently experiencing tight space constraints need to prepare themselves for further cuts in capacity in
Shippers and forwarders in the Asia-Europe trade currently experiencing tight space constraints need to prepare themselves for further cuts in capacity in
By Yimou Lee HONG KONG, July 31 (Reuters) – China’s largest bulk shipper, China COSCO Holdings Co Ltd , may sell some of its $1.6 billion in
Europe’s busiest container terminals are seeing their margins put under pressure as they expand to cater to the world’s largest box ships at a time
2nd Officer Yaroslav Karetnikov of the Mærsk McKinney-Møller created a timelapse video of his ship’s maiden port call to Busan, South Korea. Watch it
Containership owners such as Maersk Line, CMA CGM, Seaspan, SinOceanic, Costamare, Ignazio Messina, Capital Shipmanagement, CIMC and others are all moving
In Seaspan’s latest financial earnings report, CEO Gerry Wang broke the news about having placed a $550 million order for an undisclosed number of new
July 26 (Bloomberg) — Panalpina Welttransport Holding AG, the world’s fourth-largest seafreight forwarder by revenue, reduced its growth forecast
COPENHAGEN, July 26 (Reuters) – Spot container shipping rates from Asia to Northern Europe jumped more than nine percent this week after three weeks of
Filipino container terminal operator International Container Terminal Services Inc (ICTSI) has filed for arbitration over its treatment at the hands of Batumi
UPDATE 2: 22 July Shipmanagement Company Leonhardt & Blumberg report that their container vessel MV “HANSA BRANDENBURG” is currently being
A fire believed to have originated in a container has left the Hansa Brandenburg containership burning and adrift in the Indian Ocean near the island of
By Gavin van Marle, The last remaining major South American shipping line, Chile’s CSAV, is beginning to reap the benefits of a concerted change in
With the first container terminals on Rotterdam’s newly reclaimed Maasvlakte II set to open next year, the Dutch port – Europe’s largest
Today's ship photos are from Busan, South Korea where Maersk Lines' first Triple-E and the world's largest ship, MV Mærsk McKinney-Møller, has departed
Awkwardly perched on cargo ships such as the Zhen Hua 24 are new and bigger cranes destined be installed at shipping ports around the world. The recent
The world's largest ship, the MV Mærsk McKinney-Møller, officially entered service today after commencing its maiden voyage in Busan, South Korea,
By Michael Grey I may have been taken to task for blaming the cargo (weights) for breaking the MOL Comfort in half, but I am probably on a safer
The mighty Emma Maersk is ready to return to service nearly 6 months after a damaged stern thruster caused her to take on water and lose power in the Suez
July 11 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose to its highest in three months in Copenhagen
The MOL Comfort saga has come to an end. According to an emailed report by the Indian Coast Guard, the burned out wreck parted her tow line and disappeared
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