2M Alliance reschedules European services due to congestion issues
The largest container alliance in the world, 2M Alliance has decided to change the rotation of several services in Europe, due to port congestions and supply chain issues.
ZIM announces acquisitions of seven secondhand vessels during October 2021
HAIFA : ZIM Integrated Shipping Services Ltd. , announced that during the month of October 2021, it purchased seven secondhand vessels (built between 2007-2009) in a number of separate transactions.
HMM to launch new Far East Asia- Latin America Service (FIL)
SEOUL : HMM announced that it will launch a new service connecting Far East Asia and Latin America to deliver a more comprehensive service. The new service is
The next inflation risk? Chinese suppliers to the U.S., booked for months, are raising prices by dou
A spike in demand since the pandemic has led to a backlog of orders lasting until next April and has given the company enough confidence to raise prices
Maersk seems to cut out freight forwarders to attract larger BCOs
COPENHAGEN : Maersk is expected to announce that it will only handle cargo from direct shippers from 1 November, cutting out freight forwarders, In an effort to attract
How Maersk is reinventing itself through startup investments
COPENHAGEN : Shipping has never been in the spotlight like this, says Shereen Zarkani, Head of Maersk Growth. “In the past, you know, it never got all this
A.P. Moller – Maersk enters strategic partnership with Danish Crown on global end-to-end logis
COPENHAGEN : A.P. Moller – Maersk announced the signing of a global end-to-end logistics agreement with Danish Crown from 2021. The three-year end-to-end agreement covers all Danish Crown’s business
Brett Grehan appointed LINX Cargo Care Group CEO
SYDNEY : LINX Cargo Care Group has announced the appointment of Brett Grehan to the Group CEO role, replacing Anthony Jones. Brett joins the Group following 28 years
Mitsui OSK Lines to buy ammonia-fuelled engines
TOKYO : Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with compatriot engineering company Mitsui E&S Machinery and German engine manufacturer MAN Energy Solutions to
Alibaba bought into parent of new ocean carrier Transfar Shipping
Chinese e-commerce group Alibaba has a stake in new liner operator Transfar Shipping, which launched operations with China-US west coast sailings in August. Singapore-registered Transfar started out as