Friday, July 20, 2018

5 or 6 Groups to Survive Container Shipping Industry – Maersk Chief Predicts

  CEO of AP Moller Maersk went on record to state that in the future he predicts only five or six survivors in the container...

China Gains Deal to Build 9 Ultra Large Container Ships, Korean Shipping Industry in...

In the 25th year of their diplomatic relations, the competition between China and South Korea intensified after the former gained the world's largest container...

Container Volumes Jump A Record 16 Percent at Port of Los Angeles

July was an eventful month for the Port of Los Angeles, also known as America's Port. In an impressive effort, the port's container volumes...

Diana Containerships Panamax Hired by CMA CGM

CMA CGM has hired a 2001-built Panamax of Diana Containerships Inc., for a period of 8 to 11 months. The 3,739 TEU container vessel...

Transit Rates at Suez Canal Slashed for Containers

According to the Middle East Monitor, the Egyptian Government announced that from the 1st of October, transit rates for container vessels will be reduced...

Drugs Found on Container Ship in Peru

On September 14, Container ship Dimitris C was searched by Police and Customs officers at Ilo port, Peru as reported by Maritime Bulletin. 3 bags...

Pasha Hawaii Allots Vessel for Puerto Rico Assistance

Honolulu-based Pasha Hawaii has set aside its US Jones Act vessel - Horizon Spirit to ship hundreds of containers from the West Coast in...

Yang Ming Plans to Order 20 Containerships

Taiwanese owner Yang Ming Marine Transport is contemplating to order 20 containerships, comprising of mega boxships and feeder boxships. The company plans to take...

Canada’s Halterm Terminal on Expansion Mode, Buys 3 Konecranes RTGs to Augment Container Handling

Halterm Container Terminal in Halifax, Canada, has bought three Konecranes RTGs as part of an investment program in its container and reefer handling capabilities....

Overcapacity – Looming Threat for Cargo Industry in 2018

A report by the Business Standard underlines overcapacity as the biggest issue for cargo shippers in 2018. With more than 220 cargo ships scheduled for...