Yang Ming boss : Newbuildings needed, but no rush
TAIWAN : Yang Ming Marine Transport will eventually order newbuildings, but this should not be rushed, according to the company’s Chairman Cheng Cheng-Mount. On 10 November, Cheng spoke
CMA CGM and Engie Partner to Develop Synthetic and Bio Fuels
MARSEILLE : CMA CGM is forming a strategic and industrial partnership with French energy company Engie to focus on the development of carbon-neutral fuels. The focus will be
Chipolbrok heads west
Chinese-Polish multipurpose shipping line Chipolbrok is enjoying healthy westbound volumes ex-China. While its vessel Chipolbrok Atlantic is delivering several cargoes for the European side of these services, the
A.P. Moller – Maersk enters strategic partnership with Vestas on all containerised transport
COPENHAGEN : To serve the growing global market for sustainable energy solutions and protect profitability in an increasingly challenging global business environment for renewables, Vestas continuously looks for partners
Wan Hai announces new budget for second-hand ship purchases
TAIWAN : Wan Hai Lines has launched another war chest for another round of second-hand ship acquisitions. The Taiwanese liner operator has set aside another US$200 million for
Wan Hai reassigns ships from congested US west coast to intra-Asia routes
TAIWAN : Wan Hai Lines has begun diverting ships from its Asia-US west coast service to its core intra-Asia services after severe congestion in Californian ports affected its
Completion of Concept Study of Liquefied CO2 Carrier
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL) President & CEO: Takeshi Hashimoto) in cooperation with Mitsubishi Shipbuilding Co., Ltd. (MSB ; head office: Yokohama, Japan; President: Toru Kitamura)
Milaha commences new service connecting Far East, India and the Gulf
Milaha, Qatar’s maritime and logistics service provider, has announced the launch of a new express shipping service to connect China and Southeast Asia to India, Qatar and the
Chassis and carrier terminal ownership worsen US congestion
Interlocking terminal-carrier ownerships coupled with cartel-like conditions in the container chassis market have emerged as prime suspects for the US supply chain crisis. “There is a sort of
NYK Receives Delivery of New VLCC Tateshina
TOKYO : The very large crude oil carrier (VLCC) Tateshina, owned by NYK, was delivered recently. The vessel was built at Nantong COSCO KHI Engineering Co., Ltd. (NACKS)