TAIWAN : Yang Ming Marine Transport Corporation has elected Professor Feng-Ming Tsai as its new Chairman. The decision, effective immediately, was taken in the 395th Board Meeting held on 27 July. Chairman Tsai holds
BEIJING : China’s COSCO Shipping Corporation has signed a preliminary agreement with Australia’s Fortescue opens new tab to jointly build a green fuel supply chain to help reduce pollution from the shipping industry, the Chinese
GENEVA : MSC is announcing the reshuffle of its Asia-Oceania Network aiming at offering customers operating businesses in China, Southeast Asia and Oceania, fast and reliable services to respond to their needs. The Wallaby service will
SINGAPORE : Ocean Network Express (ONE) has announced an upgrade to its Korea-Vietnam-Thailand (KVT) service. According to ONE, the enhancement of its KVT service includes using the MV Sawasdee Deneb v2418S, with an estimated
DHAKA : A long queue of vessels has formed at the Chattogram Port’s outer anchorage, with berthing delayed by up to nine days, for container yards being acutely congested and operational disruptions resulting from
MARSEILLE : CMA CGM has reported robust demand for cargo shipping in its second-quarter 2024 results, despite ongoing geopolitical tensions. The company said it delivered a strong performance with increased cargo volumes, driven by
LONDON : Drewry’s World Container Index decreased 2% to $5,806 per 40ft container this week. The composite index decreased 2% this week to $5,806 per 40ft container following a period of continuous increases since
TOKYO : ClassNK has released ‘Guidelines for Cyber resilience of ships’. The guidelines expound new IACS Unified Requirements (UR) to support the consideration of measures to ensure the cybersecurity of ships. IACS has established UR
GENEVA : MSC has announced the reinstatement and improvement of Liberty service, a standalone product of MSC, aiming to provide additional capacity for the ongoing robust demand in the Transpacific market. As part of
HAMBURG : Tailwind Shipping Lines is welcoming a new Vice President Liner Shipping Management. On 1 August, Mr. Nico Peters will take over this role at the Hamburg-based container liner shipping company, the second-largest in