November 8, 2023
April 7, 2026
November 8, 2023
ONE strengthens global presence with terminal aquisitions in the US West Coast and Rotterdam
SINGAPORE : Ocean Network Express (“ONE”) is pleased to announce it has obtained all necessary regulatory approvals and completed its acquisition of a 51% stake in each of TraPac LLC (“TraPac”) and Yusen Terminals
November 8, 2023
PIL China announces new Managing Director
BEIJING : PIL has announced the retirement of Klaus Ku, Managing Director of PIL China and stepping into the role will be Anderson Luo, who previously worked for Maersk. The company said that since
November 8, 2023
MSC announces port congestion surcharge to South Africa
GENEVA : Italian/Swiss container line MSC has announced a new congestion surcharge (CGS) for cargo from any destination except East and West Africa to all South African ports. MSC said the surcharge will be
November 8, 2023
Maersk : Peak Season Surcharge (PSS) – Far East Asia to East Cost South America
COPENHAGEN : In order to keep providing you with our global services, Maersk is introducing the Peak Season Surcharge (PSS) for 20dry, 40dry, 40hdry & 45hdry containers from Far East countries (excl. Vietnam and
November 8, 2023
ZIM relaunches ZIM eCommerce Xpress (ZEX), Service to meet eCommerce market needs
HAIFA : Israeli box carrier ZIM announced the relaunch of ZIM eCommerce Xpress (ZEX), its eCommerce line connecting South China to the US West Coast. Originally introduced in 2020, the ZEX service returns in
November 6, 2023
Maersk’s woes signal slow-motion industry crash
COPENHAGEN : Shipping giant A.P. Moller-Maersk is battling choppier seas. the $23 billion Danish firm revealed a 94% profit plunge in the third quarter. Boss Vincent Clerc is not alone in trying to manage a
November 6, 2023
Panama Canal traffic is being throttled by climate change impact
CAIRO : The Panama Canal doesn’t have enough water. A lack of rainfall, blamed on climate change, is leading to a steady decline in water levels on the vital conduit. The problem is so
November 4, 2023
A.P. Moller – Maersk reports Q3 financial results in line with expectations, yet challenges lie ahead
COPENHAGEN : A.P. Moller – Maersk’s (Maersk) financial results for third quarter of 2023 were in line with expectations in a difficult market environment with rates well off their 2022 peak and tested by
November 4, 2023