GENEVA ; The Mediterranean Shipping Company will pip AP Moller Maersk as the world’s largest container line sometime by 2022,when it will eventually have more capacity than Maersk. MSC has been agressively purchasing vessels
Singapore – The Panama Canal Authority (ACP) has announced that it will postpone price increases on canal transit fees which were due to come into effect today. The announcement follows a joint letter sent by
HAMBURG : Hapag-Lloyd is stepping up once more the investment in its container fleet in light of the current situation – similar to what the container shipping line did in 2020 in its initial
CAIRO,(Reuters) – A ship that blocked the Suez Canal for almost a week in March is being held in the waterway as canal authorities pursue a $916 million compensation claim against the ship’s Japanese
HAMBURG : Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market
SINGAPORE : French shipping company CMA CGM said its 23,000-TEU mega ship CMA CGM Jacques Saade has set a new world record for the highest number of full containers loaded on board a single
GERMANY : Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market
LONDON :The British International Freight Association (BIFA) has urged forwarders with cargo on board the Ever Given to begin General Average (GA) procedures with their shippers. The vessel’s owner declared GA last Thursday. Robert
China State Shipbuilding Corporation (CSSC) has announced its largest containership contract for the construction of thirteen 16,000 teu boxships at a total cost of over CNY10bn($1.5bn). Asia :The vessels are designed by CSSC Marine
MSC reaffirms commitment to avoid arctic cargo routes, helping to limit black carbon and other environmental impacts Geneva :In view of the recent public debate around container shipping in the Arctic, MSC Mediterranean Shipping