Shipping market conditions boost Yang Ming’s first Quarter results
KEELUNG CITY : Yang Ming Marine Transport Corporation (Yang Ming) held its 392nd Board Meeting on 10th May to approve its Q1 financial report of 2024. The consolidated
Maersk suspends Methanol Ship order to Chinese Shipbuilder
COPENHAGEN : Maersk, the world’s second-largest shipping company, has reportedly postponed an order for 15 methanol-powered container ships from a Chinese shipbuilder. The delay is reportedly due to
Analyst warns of congestions at Asian ports hit by Red Sea logjam
SHANGHAI : The Red Sea crisis is challenging Asian ports as congestion with “echoes of the pandemic” is seen in Asia and the Middle East with analysts warning
Box lines start Asia-Mexico services as rates hit 20-month high
SHANGHAI : Mainline operators have been starting services connecting China with Mexico as freight rates have reached a near two-year high. Freight rates for containers from Chinese ports
Hapag-Lloyd, CMA CGM update Far East Service
HAMBURG : Hapag-Lloyd and CMA CGM will make changes in their joint service, Far East Service (FE9), replacing the Port of Singapore with the Port Klang on the
Ane Maersk, the world’s first large green methanol-enabled vessel, makes her first call in Dubai a
DUBAI : A.P. Moller – Maersk’s (Maersk) first large vessel that can run on green methanol arrived in Dubai, UAE for the very first time and was welcomed by
Ocean Network Express and Ancotrans reduce CO2 emissions with first FH e-Trucks in Hamburg region
HAMBURG : Ocean Network Express (ONE) announced that together with their long-term partner Ancotrans, they will deploy state-of-the-art Volvo FH e-trucks, to serve the transportation needs of ONE’s customers,
GCMD and NYK Line team up to address concerns of long-term, continuous biofuels use on vessel operat
SINGAPORE/TOKYO : The Global Centre for Maritime Decarbonisation (GCMD) has teamed up with NYK Line to launch Project LOTUS (long-term impact of continuous use of biofuels on vessel
Container ship deliveries hit new YTD record of 1m TEU : BIMCO
LONDON : “In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more
ClassNK releases report ‘ClassNK Alternative Fuels Insight‘
TOKYO : ClassNK has released the report ‘ClassNK Alternative Fuels Insight,’ which summarizes the characteristics and latest trends of alternative fuels to support our customers’ future fuel selection.
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