November 6, 2024
April 1, 2026
November 6, 2024
PIL accelerates fleet renewal with order for five more LNG Dual-Fuel Vessels
SINGAPORE : Pacific International Lines (PIL) is accelerating the renewal of its fleet with an order for another five 9,000 TEU liquefied natural gas (LNG) dual-fuel container vessels. The vessels will be built by
November 6, 2024
Evergreen Marine earns $30M from sale of 28-year-old Vintage Panamax Container Ship
TAIPEI : Evergreen has secured an impressive $30 million from the sale of the 1996-built, 5,364 TEU Ever United, which is scheduled to deliver charter-free later this month. “This remarkable sale at a historically
November 6, 2024
British Columbia ports head toward lockout as labor talks stall
LONDON : British Columbia ports head toward a lockout on Nov. 4 as negotiations between the International Longshore and Warehouse Union (ILWU) Local 514 and the British Columbia Maritime Employers Association (BCMEA) come to
November 6, 2024
Container ship deliveries hit new record of 2.5 million TEU : BIMCO
LONDON : Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m TEU have been delivered, surpassing the
November 6, 2024
Drewry launches new intra-Asia online service
LONDON : Drewry’s new online Intra-Asia Container Market Insight service confirms that growth in the intra-Asia container shipping market, which over the last five years (2019-2023) registered a compound average growth rate (CAGR) of
November 6, 2024
Baltic index rises as capesize segment logs gains
LONDON : The Baltic Exchange’s dry bulk sea freight index rose on Tuesday, buoyed by rising rates across the capesize vessel segment. The index, which factors in rates for capesize, panamax and supramax shipping
November 5, 2024
Ocean Network Express registers strong Financial Result for FY2024 2nd Quarter
SINGAPORE : Ocean Network Express (ONE) released the financial result for FY2024 2nd Quarter (from July 2024 to September 2024). The revenue for FY2024 2nd quarter was US$5,864million, up 65% from the same quarter of
November 5, 2024
Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg: Milestone for Sustainability & Efficiency
HAMBURG : The eponymous flagship of Hapag-Lloyd’s “Hamburg Express” class – was ceremoniously christened at the Container Terminal Burchardkai in the Port of Hamburg. As the ship’s naming patron, Eva Maria Tschentscher – Hamburg’s
November 5, 2024