K Line revenue up 24.5% in 2022
TOKYO : K Line reported higher revenue and profit for its 2022 financial year, with a broadly positive outlook for its various shipping segments in 2023. K Line’s
Hapag-Lloyd launches green biofuel-based transport solution
HAMBURG : Hapag-Lloyd has announced the launch of Ship Green, a new solution for climate-friendly, biofuel-based transport. Ship Green is accessible from anywhere at any time and does
HMM starts solo intra-Asia route after ending joint operation with KMTC Line
SEOUL : South Korea’s flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was co sharing with its compatriot regional carrier Korea Marine
China’s slacking imports, slowing exports peril global economic recovery
BEIJING : Chinese imports plunged and export growth slowed down in April as the recovery waned, raising concerns about the country’s ability to boost the global economy. Overseas
DP World and CMA CGM form joint venture to operate Chile Container Depot
SAN ANTONIO : DP World and CMA CGM have created a new company Chile Inland Services (CIS), a joint venture to operate a container depot and bonded storage
CMA CGM commits to buy Bollore logistics unit for $5.5 bln
MARSEILLE : French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the
Evergreen’s new terminal in Kaohsiung to boost container volumes
KAOHSIUNG : Taiwan International Ports Corporation (TIPC) Chairman Lee Hsien-yi stated on 5 May that the newly built No. 7 terminal in Taiwan’s Kaohisung port is the country’s
ZIΜ invests in refrigerated container fleet
HAIFA : ZIM has made an order of 1,000 Star Cool reefers with Sekstant door sensors and a similar volume for retrofitting to its existing Star Cool reefers.
OOCL launches AI chatbot for customers
HONG KONG : Orient Overseas Container Line (OOCL) has launched a new Chinese language AI chatbot on its customer facing platforms. OOCL has introduced an AI chatbot known
Upsized 14,000 TEU container ship arrives at Port of Halifax
HALIFAX : The 14,000 TEU container ship ONE Stork is the first upsized EC5 vessel that has arrived at the Port of Halifax in Canada. The boxship with