November 18, 2021
May 6, 2026
November 18, 2021
Regional Container Lines achieves record profits despite higher operating costs
Regional Container Lines (RCL) has reported another significant profit for the group in the third quarter at US$114 million, which represents a 17% profit growth for the quarter. Compared to 3Q 2020, the rate of
November 17, 2021
Wärtsilä and MSC partner on two-stroke future fuels conversion solution
The Finnish technology group Wärtsilä will commercially launch its Two-Stroke Future Fuels Conversion platform during the first quarter of 2022. Wärtsilä believes this engine combustion technology platform will enable the fast and cost-effective conversion
November 17, 2021
2M Alliance alters sailing programme of Asia to North America services
SINGAPORE : 2M Alliance, comprising Maersk and MSC, has decided to adjust the sailing programme on its Asia to US and Canada network to match the actual departure dates from Asia. MSC said that
November 17, 2021
Congestion is not just for Christmas,” says Global Shippers Forum
The wave of congestion that is sweeping through global supply chains delaying deliveries of seasonal goods and essential commodities, stranding many shippers between meeting impossible delivery deadlines while paying record shipping rates is not
November 16, 2021
Wan Hai embarks on $200m on secondhand boxship spend as profits surge
TAIWAN : Wan Hai is wasting no time in spending $200m of funding earmarked for investments in the secondhand containership market . The Taiwanese liner operator has purchased the 2016-built 1,708 teu containership Box Express
November 16, 2021
MSC container vessel troubled in South African waters
Maltese flagged MSC Trieste had been adrift since the morning of 10 November. The incident came to light in waters west of Port Elizabeth, South Africa, when the ship was en route from Singapore
November 15, 2021
Ships keep coming even as every sector of the supply chain has reached capacity
The logjam of container ships outside the California Ports of Los Angeles and Long Beach swelled to another record as stepped-up efforts to clear cargo off the docks failed to prevent the average wait for vessels
November 12, 2021
Drewry’s World Container Index remains steady
Drewry’s composite World Container Index (WCI) remained steady at US$9,192.50 per 40ft container this week, but it is still 250% higher than a year ago, with the shipping consultants expecting rates to remain also
November 12, 2021