Shipping lines refusing to cut capacity in price war
HONG KONG : Container freight rates are still falling, while charter rates are holding up, suggesting that liner operators are chasing market share, even if it means a
HONG KONG : Container freight rates are still falling, while charter rates are holding up, suggesting that liner operators are chasing market share, even if it means a
HAMBURG : Hamburg Port Consulting (HPC) is pleased to announce that it has performed the technical due diligence for Hapag-Lloyd as a basis for investment in a share
HAIFA : Annual contracts are being negotiated between shippers and lines on the Transpacific container trade ZIM warns if rates are too low it will stop sailing. Container
GENEVA : The world’s largest container shipping company MSC is delivering on its promise to inject massive vessel capacity into its fleet this year. Namely, the Swiss-based container
MARSEILLE : The CMA CGM Group, a global player in sea, land, and air logistics solutions, announced the launch of the new Bangladesh India Gulf Express (BIGEX) Service.
TOKYO : Nippon Yusen Kaisha (NYK) has sold its 1998-built multipurpose (MPP) vessel Kamo to PHP for recycling in line with the Hong Kong Convention for the Safe and Environmentally
HAIFA : Israel-based container line ZIM Integrated Shipping Services has published its operating and financial results for the full year ending 31 December 2022. ZIM reported a year-on-year
DOHA : Qatar Navigation Q.P.S.C. (“Milaha”) held its Ordinary and Extraordinary Annual General Assembly Meeting virtually, on 12th March, at the Company’s headquarters, during which the Shareholders approved Ordinary
BEIJING : China remained the “most important partner” for German seaports in container traffic in 2022, accounting for more than one-fifth of the country’s container throughput, the Federal
RIYADH : The Saudi Ports Authority (Mawani) has announced that the Kingdom has officially signed the Convention on the International Organization for Marine Aids to Navigation that transforms