Black Sea shipping rates rise as reinsurers cut cover
Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk
Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk
Global shipping giants have told customers they are temporarily halting some bookings due to a suspension of service by feeder operators in southern China Analysts say weeks-long suspension
SHANGHAI : COSCO SHIPPING Ports (Tianjin) and China Shipping Terminal Development Co. (CSTD) have signed the Tianjin Container Terminal (TCT) joint venture agreement and the articles of the
HONG KONG : Shares of shipping companies are trading higher in Asian markets as a fast-spreading variant of Covid-19 increases the prospect of supply-chain disruptions that could keep
HONG KONG : Shipping lines Ocean Network Express (ONE) and Hapag-Lloyd will suspend feeder services in the South of China until after Chinese New Year 2022. The suspension has been caused by
CALIFORNIA : The biggest export out of Southern California these days is air. And it is suffocating the supply chain. Hundreds of thousands of empty containers are filling
Hyundai Steel Co., South Korea’s No. 2 steelmaker, said that its first liquefied natural gas (LNG)-powered ship made its maiden voyage for the overseas transport of raw materials.
Container exports from Japan to the United States in October decreased by 1.9% over the same month of last year to 43,823TEU, which translates to the first year-on-year contraction
SINGAPORE : MSC and CMA CGM are continuing to grow their fleets with second-hand vessel acquisitions and newbuilding orders. MSC, already set to overtake Maersk Line as the world’s largest
SINGAPORE : The Board of Pacific International Lines (Pte) Ltd (PIL) is pleased to announce that PIL will be making an early repayment to creditors who were subject