Hapag-Lloyd launching new Latin America service
HAMBURG : Hapag-Lloyd is launching a new service connecting ports in Peru and Chile. The WCSA Feeder 4 (WS4) service is set to commence in June and vessels
OOCL’s Q1 revenues down 57.8%
HONG KONG : Orient Overseas International (OOIL) reports a 57.8% drop in revenues for the first quarter of 2023 as the plunge in container freight rates takes its
PIL moves out of Singapore HQ building
SINGAPORE : In the end of an era Pacific International Lines (PIL) has shifted out of its Singapore headquarters building in the heart of the city’s central business
MSC’s secondhand boxship buying spree passes 300 mark
GENEVA : Mediterranean Shipping Co’s (MSC) secondhand buying spree has hit the 300-vessel threshold according to analyst Alphaliner. In its weekly newsletter Alphaliner said that MSC was reported to
Sea-Intelligence reports US$15 billion drop in box lines 2022 last quarter earnings
COPENHAGEN : Even though the shipping lines recorded 2022-FY Earnings Before Interest and Taxes (EBIT) of US$138 billion, minus CMA CGM, PIL, and MSC, there were visible indications
“K” Line starts operations of New General Dry Warehouse in Bangkok
TOKYO : Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that its Thailand-based group company K LINE CONTAINER SERVICE (THAILAND) LTD. (KCST) will commence the operation
MSC at Canton Fair 2023: Committed to connecting China with Africa and beyond
GENEVA : MSC is delighted to be participating in the 133rd China Import and Export Fair (Canton Fair 2023) for the very first time! An event lauded as
Dalian begins works on new MSC LNG-powered 16,000 TEU vessel
BEIJING : Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has begun the construction of the 10th LNG-powered 16,000 TEU container ship for the Swiss
Wan Hai holds naming ceremony for new 3,000 TEU container ship
TAIWAN : Wan Hai Lines conducted a ship naming ceremony for WAN HAI 331, which is the first vessel in a line of 3,000 TEU container ships constructed
Hapag-Lloyd announces GRI from East Asia to North America
HAMBURG : Hapag-Lloyd implemented a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high cube equipment.