South Korean antitrust authorities imposed 96.2 billion won ($81 million) in fines on 23 domestic and foreign shipping companies for price-fixing on multiple routes between South Korea and
TAIWAN : Recently giant Panama-flagged container ship Ever Alp crossed the Suez Canal on its first voyage from Qingdao port in China to the port of Rotterdam in
Israeli carrier ZIM has penned a deal with a shipping player affiliated with Idan Ofer’s Kenon Holdings to charter three new 7,000 teu liquefied natural gas (LNG) dual-fuel
TOKYO : NYK has implemented revised work-from-home measures to prevent the spread of Covid-19 and ensure the safety of company employees. Eligible Employees: Head office and branch office
The 2M partners, Maersk and MSC, have cut two scheduled transpacific calls, but the two lines offer different reasons. Maersk said its TP6/MSC Pearl service would ‘slide’ by
HAMBURG : Hapag-Lloyd has acquired the 4,253 TEU container ship, Chesapeake Bay, from Singapore-headquartered Eastern Pacific Shipping for US$55 million. The transaction was completed on 6 January, according
SINGAPORE : PSA International (PSA) handled 91.5 million Twenty-foot Equivalent Units (TEUs) at its port projects around the world for the year ending 31 December 2021. The Group’s
The Chairman of the Suez Canal Authority (SCA), Osama Rabie, has confirmed that the expansion of the canal is expected to be completed in July 2023, 24 months
COPENHAGEN : A.P. Møller – Mærsk A/S (APMM) has for Q4 2021 recognised preliminary unaudited financials ahead of the previous expectations with revenue of USD 18.5bn, an underlying
A new LNG bunker barge deployed by Shanghai International Port will provide CMA CGM‘s 15,000 TEU dual-fuel vessels with LNG supply for 10 years. Shanghai International Port
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