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CATEGORY

Maritime

Shipping Weathers the “Storm” That is 2022

The shipbroker added that “on the container side, the ships up to 1,000 TEU might see some decrease in the period may be down...

China-US shipping rates drop on low demand, supply chain disruptions

The cost toshipcargo between China and the United States is going down after months of steep increases as the Omicron COVID-19 variant has caused...

Hapag-Lloyd fined US$882,220 over detention charges

A US administrative law judge has ordered German shipping liner Hapag-Lloyd to pay a California drayage provider US$822,220 in civil damages stemming from a...

Dong Fang sees mad rush for containers easing slightly

COSCO Shipping Development (CSD), parent of the world's second-largest container manufacturer, dong Fang International, says it is seeing a decline in demand and daily...

China launches world’s first autonomous container ship service

CHINESE officials are reporting that they have put the world's first autonomous, electric container feeder ship into commercial service after a period of extensive...

Banchero Costa Weekly Market Report, Week 16 2022

In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share. It followed Mainland Source:...

Yang Ming receives one more 11,000 TEU ship

Yang Ming Marine Transport Corp. (Yang Ming) took delivery of one new 11,000 TEU container vessel, ‘YM Trophy’, according to the company's release. The...

Tallink Grupp sells cargo vessel Sea Wind and reorganises cargo vessel operations on Muuga-Vuosaari and Paldiski-Kapellskär routes

Tallink Grupp has announced to the stock exchange that its subsidiary Tallinn Swedish Line Ltd has concluded an agreement for the sale of the...

Vietnam plans National Shipping Line

  Vietnam plans to build a national container shipping operation first in Asia and then global to combat supply chain disruptions. Vietnam is proposing the...

Hapag-Lloyd launches new AT3 service between North Europe and North America

Available from the end of May 2022, Hapag-Lloyd's brand new AT3 service is a seasonal product that will offer weekly calls between North Europe...
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