HMM Takes Delivery of First 16,000 TEU Containership HMM Nuri
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
Container shipping’s orderbook-to-fleet ratio rockets up to 15%
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
ZIM Reports Financial Results for the Fourth Quarter and Full Year 2020
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
Supply bottlenecks leave container ships stranded
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
MOL to Move into Ocean Shipping of Liquefied CO2 Ocean Transport Business
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
Global Shipping Business Network officially incorporated in Hong Kong
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
ONE launching new East Africa – Asia service
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
Hapag-Lloyd & MAWANI sign first commercial agreement to increase number of containers
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
MSC launches new southeast Asia-USWC service
Mediterranean Shipping Company (MSC) has introduced a new container shipping service, named Sentosa, in order to meet the demand for cargo between southeast Asia and the US west
MSC continues boxship buying spree
Leading liner operator takes tally of secondhand acquisitions across the 30 ship threshold Swiss-headquartered containerline Mediterranean Shipping Company (MSC) continues to aggressively add secondhand tonnage to its fleet,