Unions grill Maersk over labour violations at Copenhagen AGM
COPENHAGEN : Trade unions representing employees of the world’s largest listed shipping company are in Copenhagen today to take their labour message direct to Maersk headquarters as the
OOCL Spain with a capacity of 24,188 TEUs calls at Hong Kong
HONG KONG : The 24,188 TEU container vessel OOCL Spain, one of the world’s largest boxships, called at the port of Hong Kong on 25 March during its
NYK to make Mitsubishi Ore Transport its Wholly-Owned Subsidiary
TOKYO : NYK agreed to obtain all the shares of Mitsubishi Ore Transport Co., Ltd. (MOT) from Mitsubishi Corp. (MC), Tokio Marine & Nichido Fire Insurance Co., Ltd.
ZIM quits Pacific Southwest lane again as ZEX service axed
HAIFA : ZIM will withdraw its eCommerce Xpress (ZEX) service at the end of this month. which was launched during the peak of the freight market in 2020.
ONE announces completion of acquisition by Poseidon Acquisition Corp
SINGAPORE : Ocean Network Express Pte. Ltd. together with the partners forming Poseidon Acquisition Corp. (“Poseidon”) has jointly announced with Atlas Corp. (“Atlas”) the closing of the previously
Hapag-Lloyd launches new WA1 – West Africa Service
HAMBURG : Hapag-Lloyd announces new Container WA1 Service (West Africa Service 1) with a fortnightly frequency, connecting Tanger Med, Nouakchott, Freetown, Conakry, Monrovia, and back to Tanger Med.
Supply chains ‘finally beginning to stabilise’, says Maersk Asia Pacific market update (March 20
COPENHAGEN : While the congestion pressure on global supply chains has eased, inflation and volatility around the world continues to leave logistics planning and execution a task filled
China Energy establishes shipping company
BEIJING : China’s energy industry player, China Energy, has officially established its shipping company based in Beijing. The founding of the shipping unit is a milestone for China
ZIM and Shell complete the first LNG bunkering under 10-year agreement
HAIFA : ZIM and Shell have announced the successful bunkering of the Hong Kong-flagged container vessel ZIM Sammy Ofer with liquefied natural gas (LNG) at Kingston Freeport Terminal
Freight rates for Indian exports continue to cool ahead of carriers’ GRI attempts for US services
MUMBAI : Container carriers serving Indian trades are seeing no letup in the erosion of export freight rates amid a slowdown in cargo volumes, according to the latest