ZIM overtakes Yang Ming in global liner rankings
HAIFA : Israeli ocean carrier ZIM received the 15,248 TEU container ship ZIM Mount Vinson on 3 April, the last unit in the series of 10 same-size vessels built by Samsung H.I. for Seaspan.
CMA CGM updates FAK rates from Asia to North Europe
MARSEILLE : French container carrier CMA CGM has unveiled updated Freight All Kinds (FAK) rates, effective from 15 April (loading date), until further notice from Asia to North Europe. 20’GP 40’GP/40’HC/40’REEFER Asia to North
Maersk announces new surcharges from Indonesia, Malaysia and Singapore to Africa
COPENHAGEN : Maersk has announced updated and new peak season surcharges from Indonesia, Malaysia and Singapore to several African destinations. Maersk will increase its Peak Season Surcharge (PSS) for shipments from Indonesia, Malaysia and
Hambantota International Port commences container operations
COLOMBO : In a landmark move, the Hambantota International Port (HIP) commenced its inaugural container transshipment service operated by the Mediterranean Shipping Company (MSC). MV ‘MSC Ingrid’ made her maiden call at HIP on
US may revoke Houthi Terrorist label if they STOP Red Sea Ship attacks
NEW YORK : The United States (US) said it would consider revoking its recent label of Yemen’s Houthis as terrorists if the Iran-backed militants cease their shipping attacks in and around the Red Sea.
Houthi rebel fired missiles at MSC and Borealis ships
SANAA : Two of MSC vessels and a boxship owned by UK tonnage provider Borealis Maritime were hit by Houthi missiles in the Red Sea on 6 April, as the rebels restarted attacks after
Hoegh Autoliners nets $920m from eight banks to mark major refinancing
OSLO : Hoegh Autoliners has secured long-term financing for purchases, newbuildings and repayment of bank debt. A new $720m six-year fleet facility will finance the purchase of two 6,500-ceu vessels, the Hoegh Jacksonville and
Kuehne+Nagel streamlines organisational structure and strengthens customer proximity
SCHINDELLEGI : The Board of Directors of Kuehne+Nagel International AG has approved a new direct reporting of the country organisations. This change sets the course for further efficiency gains and profitable growth. By simplifying