The vessel, Ever Given, has been stuck in the canal since Tuesday and has affected global trade and severe losses. The giant cargo ship that has been stuck in Egypt’s Suez Canal since Tuesday is made
Efforts continued on Thursday to dislodge the EVER GIVEN container ship and restore traffic on the critical man-made waterway that connects the Mediterranean to the Red Sea and provides a shipping shortcut between Europe
SEOUL : HMM has announce that HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, starts its first voyage from the port of Busan in Korea. HMM’s 16,000 TEU container vessels have been
FRANCE : Container shipping’s orderbook-to-fleet ratio, which was in single percentage figures as recently as six months ago, is set to surpass 15% as shipping lines pile on the tonnage with Alphaliner suggesting IMO’s
HAIFA : ZIM Integrated Shipping Services Ltd. ,a global container liner shipping company, on Monday, 22nd March 2021 announced its consolidated results for the three and twelve months ended December 31, 2020. Fourth Quarter and Full
NEW YORK : Due to the COVID-19 outbreak, a trade bottleneck has left US businesses in a perplexed situation as they await goods from Asia — while off the coast of California, dozens of
TOKYO : Mitsui O.S.K. Lines, Ltd., MOL, President & CEO Mr. Junichiro Ikeda recently announced that it has decided to invest in Norway-based Larvik Shipping AS, a ship management company for liquefied CO2 carriers, marking
HONGKONG : Global Shipping Business Network (GSBN) has incorporated in Hong Kong after securing the requisite regulatory approvals across multiple jurisdictions, and has officially started its operations to help accelerate the Digital Transformation of the Shipping
MOMBASA : ONE is the global container shipping company, headquartered in Singapore, launching new East Africa – Asia service. The new EAF service connects Kenya and Tanzania with Malaysia, Singapore and China and is
RIYADH : Saudi Ports Authority (MAWANI) signed one-year commercial agreement with the leading global liner shipping company Hapag-Lloyd. The agreement is the first commercial agreement aiming at increasing the number of containers in Saudi