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October 16, 2021

US largest publicly-listed shipping company is born

International Shipping, Trending News
Dry cargo vessel owner and operator Navios Maritime Partners has completed the acquisition of tanker owner Navios Maritime Acquisition Corporation after securing unitholder approvals. As Offshore Energy previously reported, the merger creates the largest
October 14, 2021

BigCommerce, CMA CGM Group Partner to Power End-to-End Ecommerce Solutions for Thousands of Global Merchants

International Shipping, Trending News
Trailblazing collaboration between industry leaders extends world-class ecommerce capabilities that enable B2B and B2C businesses to digitalize and expand to new markets  MARSEILLES : BigCommerce, a leading Open SaaS ecommerce platform for fast-growing and
October 14, 2021

US announces public-private initiate efforts to address transportation supply chain bottlenecks

International Shipping, Trending News
NEW YORK : The Biden administration on Wednesday announced a major public-private initiative to address the transportation supply chain bottlenecks that have aggravated in recent months due to the coronavirus pandemic. Prominent among these
October 13, 2021

China’s Cosco Shipping predicts $4.73 billion net profit in third quarter

International Shipping, Trending News
BEIJING : China’s shipping giant Cosco Shipping Holdings is expecting its net profit attributable to the shareholders for the third quarter of 2021 to reach 30.49 billion yuan ($4.73 billion), thanks to a strong
October 13, 2021

ONE restarts Oakland call at UK-Asia service

International Shipping, Trending News
SINGAPORE : The Singapore-based shipping line Ocean Network Express (ONE) will restore Oakland call in its Asia-US service on 13 November, which had been ceased since 2019. Particularly, the updated PS5 service will connect
October 13, 2021

MAN Energy Solutions and DP World sign cooperation agreement

International Shipping, Trending News
DUBAI : MAN Energy Solutions has signed a cooperation agreement with DP World, the leading provider of smart logistics solutions. Effective immediately, the agreement targets common progress in the field of decarbonisation and is
October 13, 2021

COSCO launches express alternatives to US West Coast

International Shipping, Trending News
BEIJING: COSCO Shipping Lines (COSCON) is launching Transpacific BCO Express Line this week, comprising the Prince Rupert express line (CEN-EXPRESS) and the Los Angeles express line (CEN-PLUS) Using five 4,250TEU ships, CEN-EXPRESS will move
October 11, 2021

Hapag-Lloyd CEO: ‘We are probably in the peak of the problems’

International Shipping, Trending News
HAMBURG : Congested ports. Clogged supply chains. Capacity shortages. Much of Hapag-Lloyd CEO Rolf Habben Jansen’s third-quarter overview had a familiar refrain, one likely to be heard again after the fourth quarter. But there
October 11, 2021

Biden administration pushing shippers, carriers to expand operating hours

International Shipping, Trending News
NEW YORK : Big-box retailers and their rail- and truck-carrier partners are the next targets of a more round-the-clock operating regime being coordinated by the Biden administration to help solve the supply chain capacity
October 11, 2021

North Asia-to-USWC rates lower as short-term capacity relieves supply shortfalls

International Shipping, Trending News
North Asia-to-US West Coast all-inclusive rates continued to edge down in the week ended as additional ship charterers entered the market, while Southeast Asia-to-US premiums rebounded. “Some carriers are offering lower rates to the
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