The vessel, Ever Given, has been stuck in the canal since Tuesday and has affected global trade and severe losses. The giant cargo ship that has been stuck
Efforts continued on Thursday to dislodge the EVER GIVEN container ship and restore traffic on the critical man-made waterway that connects the Mediterranean to the Red Sea and
SEOUL : HMM has announce that HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, starts its first voyage from the port of Busan in Korea. HMM’s
FRANCE : Container shipping’s orderbook-to-fleet ratio, which was in single percentage figures as recently as six months ago, is set to surpass 15% as shipping lines pile on
HAIFA : ZIM Integrated Shipping Services Ltd. ,a global container liner shipping company, on Monday, 22nd March 2021 announced its consolidated results for the three and twelve months ended December
NEW YORK : Due to the COVID-19 outbreak, a trade bottleneck has left US businesses in a perplexed situation as they await goods from Asia — while off
TOKYO : Mitsui O.S.K. Lines, Ltd., MOL, President & CEO Mr. Junichiro Ikeda recently announced that it has decided to invest in Norway-based Larvik Shipping AS, a ship
HONGKONG : Global Shipping Business Network (GSBN) has incorporated in Hong Kong after securing the requisite regulatory approvals across multiple jurisdictions, and has officially started its operations to help accelerate
MOMBASA : ONE is the global container shipping company, headquartered in Singapore, launching new East Africa – Asia service. The new EAF service connects Kenya and Tanzania with
RIYADH : Saudi Ports Authority (MAWANI) signed one-year commercial agreement with the leading global liner shipping company Hapag-Lloyd. The agreement is the first commercial agreement aiming at increasing