Friday, June 22, 2018

Trade War to Further Hurt Asia Box-Shipping Rates to U.S.

Hopes are diminishing for a pickup in container shipping rates from Asia to the U.S. as global trade tensions escalate, according to Bloomberg Intelligence. China...

Navios Maritime Partners Announces Sale of Containership

Navios Maritime Partners has announced that it has agreed to sell the Hyundai Hongkong, a 2006-built, 6,800 TEU containership for a total net sale...

Maersk Shuts Chilean Container Factory in Three Years

Shipping company Maersk Container Industry (MCI) has announced the closure of its factory in Chile’s San Antonio, just three years after it opened. The...

New Joint Asia – Australia Service Beefs Up Evergreen’s Offering

Evergreen is expanding its container transport choices for customers between Asia and Australia by teaming up with Hyundai Merchant Marine (HMM) and APL to...

APL Unveils New China Southeast Asia Service 8

APL on Thursday announced the introduction of the China Southeast Asia Service 8 (CS8), a weekly service that will directly connect central and southern...

Containership on Fire in Bay of Bengal, 22 Crew Members Evacuated Safely

The Indian Coast Guard on Thursday rescued all 22 crew members of containership MV SSL Kolkata after a devastating fire broke out in the...

Pasha Hawaii Receives new Refrigerated Containers as part of Container Replenishment Program

The Horizon Enterprise arrived on the West Coast yesterday, carrying 600 new refrigerated containers as part of Pasha Hawaii’s container replenishment program. The Honolulu, HI-based...

APL Introduces New China-Australia Service

APL today unveiled the new weekly China Australia Service 6 (CA6) that will connect the central and southern China ports of Shanghai, Ningbo and...

Ocean Yield Announces Investment in Four 3,800 TEU Container Vessels

Ocean Yield ASA has announced the acquisition of four 2014 built 3,800 TEU container vessels with 12-year bareboat charters to companies owned and guaranteed...

HMM Selects Shipbuilders for Eco-Friendly Mega Containerships

HMM has selected shipbuilders to build eco-friendly mega containerships which fulfill its ‘Capacity of 1 Million TEU’ strategy. Since HMM sent out a Request for...