ZIM withdraws China – Los Angeles loop
HAIFA : Israel’s major container carrier ZIM Integrates Shipping Services (ZIM) will cancel its Transpacific ZIM eCommerce Xpress (ZEX) service, according to the latest DynaLiners report. ZEX service
Korea Development Bank, Korea Ocean Business Corporation start sale process HMM
SEOUL : HMM’s two largest stakeholders, Korea Development Bank (KDB), and Korea Ocean Business Corporation (KOBC), announced on 2nd March that they will form an advisory group to
Hapag-Lloyd increases rates from Middle East to US
HAMBURG : Hapag-Lloyd has announced updated container rates from the Middle East to North America and, in particular, from India, Pakistan, United Arabic Emirates, Bahrain, Oman, Kuwait, Qatar,
2M Alliance split highlighted with Maersk idling more ships
SINGAPORE : Maersk Line continues to lose ground to MSC with the highest number of ships idled at the moment while MSC is still taking on fresh charters
Two Shipping Services to Connect Saudi Arabia with East Africa
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of Jeddah Islamic Port to the East Africa – Red Sea and Red Sea shipping services by
Maersk drops Doha port call on Arabian Star service
COPENHAGEN : Maersk announced the change of the port rotation of its Arabian Star service by removing the Doha Westbound call. The decision will be effective from the
Container lines’ schedule reliability dips slightly at start of 2023
COPENHAGEN : Sea-Intelligence reported that while schedule reliability continued to increase for much of 2022, in January 2023 there has been a month-to-month decline of 3.8%, reaching to
Shipping Companies Reach $97M California Oil Spill Agreement
CALIFORNIA : Shipping companies will pay nearly $97 million to settle a lawsuit with a pipeline operator over a 2021 oil spill off the coast of Southern California, the pipeline company
Hapag-Lloyd CEO says he is optimistic about shipping development in India
FRANKFURT: German container liner Hapag-Lloyd (HLAG.DE) sees great opportunity in India where containerisation levels are still low, Chief Executive Officer, Mr. Rolf Habben Jansen told reporters on Thursday. Having accompanied
DCSA : Shipping lines to adopt 100% eBL by 2030
AMSTERDAM : Shipping lines under the aegis of the Digital Container Shipping Association (DCSA), an umbrella body of the world’s largest container carriers, have set plans in motion