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March 10, 2023

Panama Canal implements ‘disruption charge’

International Shipping, Maritime, Trending News
BALBOA (PANAMA CITY) ; An incident in the Panama Canal could prove costly as the Panama Canal Authority (ACP) implements a ‘disruption charge’ for vessels causing delays and operational difficulties to the critical waterway.
March 9, 2023

Maersk reintroduces direct bookings to Ukraine

International Shipping, Trending News
COPENHAGEN : Maersk announced that it is now able to offer direct bookings to Ukraine from anywhere in the world, alleviating a common customer issue over the last year since Russia’s invasion of Ukraine.
March 9, 2023

PIL committed to grow with South America

International Shipping, Trending News
SINGAPORE : With close to two decades of driving connectivity to South America, PIL is committed to growing with the region. To reaffirm its commitment to South America, PIL’s Latin America Regional Office organised two
March 9, 2023

Maersk integrates West & Central Asia and Africa markets

Trending News, International Shipping, Trade
COPENHAGEN : A.P. Moller – Maersk has integrated West & Central Asia and Africa markets to form a new combined IMEA region. The Danish shipping company said this new region will encompass the core
March 9, 2023

CMA CGM ups intra-Europe market share

International Shipping, Trade, Trending News
MARSEILLE : CMA CGM is the only carrier to substantially increase intra-Europe capacity, particularly in the North Europe-Turkey lane, according to Alphaliner’s latest report. Together with Swiss-Italian market leader MSC, the French carrier accounts
March 9, 2023

HMM announces best-performing carrier, achieving the lowest carbon emission

International Shipping, Trending News
SEOUL : HMM announced it was selected as the best-performing carrier, achieving the lowest carbon emission between Far East Asia and the U.S. West Coast in Q4 2022, based on the Carbon Emissions Index
March 7, 2023

CMA CGM’s first three quarters boost revenues and earnings despite Q4 slowdown

International Shipping, Trending News
MARSEILLE : French ocean carrier CMA CGM has achieved significant increases in its main financial figures in 2022, compared to the previous year. In particular, the Marseille-headquartered company noted a 33.1% growth in revenues
March 7, 2023

ONE’S Nixon says decarbonizing shipping could add $2,000-$3,000 per container

International Shipping, Trending News
SINGAPORE : Ocean carriers should focus on transitioning from fossil fuels to decarbonized green fuels but expect an added cost of between $2000-$3000 per forty-foot container, warned Jeremy Nixon, CEO of Ocean Network Express
March 7, 2023

Evergreen splashed out on containers again

International Shipping, Trending News
TOKYO : Evergreen Marine Corporation has ordered 12,500 containers from Singamas Container Holdings for US$34.3 million, as the Taiwanese liner operator works towards expanding its business, despite the weak market conditions. In January, Evergreen’s
March 7, 2023

9 e-methane-ready dual-fuel boxships joined CMA CGM’s fleet in 2022

International Shipping, Trending News
MARSEILLE : French container shipping major CMA CGM welcomed nine e-methane-ready dual-fuel container ships into the fleet in 2022. The ships pertain to CMA CGM’s $10.2 billion investment in a fleet of 77 LNG-powered
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