TAIWAN : Evergreen Line has suspended all services at the Port of Iskenderun due to the severe earthquake that devastated regions in Türkiye and Syria since Monday, 6 February 2023.
KUALA LUMPUR : Malaysian shipowner MISC is upbeat on LNG and tanker shipping earnings in 2023 despite some softening. Kuala Lumpur-headquartered MISC reported a full year operating profit
SEOUL : South Korea’s HMM is ordering nine 9,000 TEUs capacity boxships with methanol dual-fuelled engines from two South Korean yards. The orders worth a total of $1.12bn
DHAKA : State-run Bangladesh Shipping Corporation (BSC) will get a $22.48m pay-out from insurers over its abandoned bulk carrier, Banglar Samriddhi, which has been stuck in Ukrainian waters for
COPENHAGEN : Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in
SEOUL : South Korean container shipping company HMM saw its revenue rose 34.7% to US$14.57 billion in 2022, while its operating profit increased by 34.8% to US$7.8 billion.
GENEVA : Mediterranean Shipping Company (MSC) has confirmed it is part of $45m settlement for claims from October 2021 pipeline spill in California, although maintains full responsibility for
RIYADH : The Saudi Ports Authority (Mawani) and Saudi Shipping giant Bahri have jointly announced the addition of a new freight service connecting Europe and Asia via Jeddah
MARSEILLE : A memorandum of understanding was signed in Paris on February 7, 2023, by Philippe Wahl, Chairman and Chief Executive Officer of La Poste, Rodolphe Saadé, Chairman
COPENHAGEN : Maersk Line has sold a 1999-built feeder ship for scrap, joining several other liner operators that have begun shedding older tonnage as the freight market corrects