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April 21, 2021

Evergreen Mulls Moving Cargo From Seized Ever Given From Suez Canal

International Shipping, Trending News
TAIWAN : Evergreen mulls moving cargo from seized Ever Given from Suez CanalTAIWAN’s Evergreen Marine Corp is considering removing containers from its 20,124-TEU Ever Given after an Egyptian court seized the ship pending compensation
April 19, 2021

The operators of the Ever Given may be forced to unload its 18,000 cargo containers onto other ships, report says

International Shipping, Trending News
The operators of the Ever Given might move its containers onto other ships, according to a report. The ship is unable to deliver its goods until $1 billion in damages is paid to Egyptian
April 17, 2021

Shipping Companies put forward for Award for Exceptional Bravery at Sea

International Shipping, Trending News
Two crews at the Danish shipping companies ’ESVAGT’ and ‘Maersk Tankers’ have today been put forward for a UN award for having displayed exceptional bravery at sea. The shipping companies have been put forward
April 17, 2021

Suez Canal Authority begins arrest procedures against MV Ever Given

International Shipping, Trending News
EGYPT : Arrest procedures have been initiated against shipping vessel MV Ever Given, which had blocked Egypt’s Suez Canal and crippled world trade for nearly a week. The news was confirmed by a spokesperson
April 16, 2021

MSC on course to become the world’s largest container shipping line

International Shipping, Trending News
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
April 15, 2021

Panama Canal Authority postpones planned price hike following calls from shipping industry

International Shipping, Trending News
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
April 15, 2021

Hapag-Lloyd orders 150,000 TEU of standard and reefer containers for 2021

International Shipping, Trending News
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
April 14, 2021

Suez Canal Authority Holding Ever Given Over $916 Million Compensation Claim

International Shipping, Trending News
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
April 12, 2021

Hapag-Lloyd CEO Sees Ocean Shipping Demand Staying ‘Very Strong’

International Shipping, Trending News
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
April 9, 2021

CMA CGM Box Ship Sets Loaded Containers Record

International Shipping, Trending News
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
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