Yang Ming appoints Prof Feng-Ming Tsai as their new Chairman
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
COSCO Shipping signs agreement with Fortescue to build green fuel supply chain
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
MSC reshuffles its Asia-Oceania Network
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
Ocean Network Express upgrades East Asian service
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
Long vessel queue forms at Chattogram Port
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
CMA CGM reports strong quarter amid Geopolitical Tensions
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
Drewry: World Container Index Down 2%
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
ClassNK releases ‘Guidelines for Cyber resilience of ships’- Explaining IACS UR E26 requirements
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
MSC resumes Transpacific service
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
Tailwind Shipping Lines welcomes new Vice President Liner Shipping Management
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