Wan Hai approves US$1 billion budget for more vessel acquisitions
TAIWAN : Wan Hai Lines’ chairman has authorised a US$1 billion budget for “asset acquisition and disposal”, as the Taiwanese liner operator appears to prepare for fleet expansion.
DP World and Russia to Pilot Container Shipping Via the Arctic Route
DUBAI : Russia continues to develop shipping through the Arctic promoting it as a faster route that is an alternative to the Suez Canal. In the latest development,
Maersk enhances services from Kenya to Europe
COPENHAGEN : Maersk has decided to strengthen its Mombasa to North Europe service, specifically Felixstowe and Rotterdam, by providing a single transhipment product via the Port of Salalah
17 Days at Sea – what does it mean for a Crew?
Captain Piotr Orzolek is master of Hapag-Lloyd’s “Tsingtao Express”. The vessel is sailing in the IOS (Indian Ocean) service and sometimes spends 17 days at sea without berthing
UK unveils plans to reduce shipping emissions
The United Kindom’s (UK) Government Environmental Audit Committee (EAC) has launched plans to examine the reduction of greenhouse gas (GHG) emissions in the shipping sector to the minimum.
MSC and Oldendorff Carriers associate with the Methanol Institute
GENEVA : The world’s second-largest container shipping company, Mediterranean Shipping Company (MSC) and the German drybulk shipowner and operator Oldendorff Carriers will join the Methanol Institute (MI) in
Does location matter anymore?
For centuries the great port cities analysed in the recent Xinhua-Baltic International Shipping Centre Development Index report were built on the confluence of trade, people and ideas. Centred around ships
CMA CGM suspends bookings to Tunisian ports
MERSEILLES : CMA CGM has decided to stop accepting bookings for the ports of Tunis and Rades in Tunisia “with immediate effect and until further notice” due to
How Maersk dominates the global shipping industry
COPENHAGEN : With surging consumer demand, bottlenecks at ports and a shortage of containers, it’s a tumultuous time to be an ocean carrier. Maersk, the world’s largest container
Qatar, India and Sri Lanka made X-Press Pearl disaster inevitable
THAILAND : Russian national newspaper Novaya Gazeta published a report, an investigation into X-Press Pearl fire and disaster, based on available documents and reports, and interviews with seamen involved in