Containers
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Liner schedule reliability hits new low as rates peak
Global liner average schedule reliability hit an all-time low point in August, both in terms of the actual performance levels,…
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PIL sells two more ships to Seaspan
The dramatic fleet clear-out at Pacific International Lines (PIL) has seen Singapore’s top liner slip from 400,000 to 300,000 slots…
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IMO and CMA CGM battle to get systems back online
IT experts continue to contain the fallout from cyber attacks to shipping’s top regulator as well as France’s number one…
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Thome forms shipmanagement JV with Carsten Rehder
Singapore shipmanager Thome Group is forming a joint venture with German owner Carsten Rehder. Under the agreement, a new company…
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CMA CGM concedes data breach is likely as criticism mounts over its handling of ransomware attack
CMA CGM is facing growing criticism for the way it has communicated the ongoing IT fallout from its ransoware attack…
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Weekly Broker: Busy days running up to Chinese holidays
It has been a busy time for secondhand purchases ahead of China taking the next few days off for its…
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Splash Extra: Trio of global carriers dust off megamax plans
Three global carriers have dusted off megamax newbuild plans, potentially adding up to half a million slots to the global…
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CMA CGM gets back to work after ransomware attack
CMA CGM has spent the past 24 hours trying to reassure clients that operations are carrying on and the worst…
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Transpacific capacity at an all-time high
Average weekly capacity on the transpacific has reached another record level of 530,000 teu according to data from Alphaliner this…
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Yang Ming chairman Bronson Hsieh retires
Taiwanese shipping line Yang Ming Marine Transport has appointed Cheng Cheng-mount as its new chairman, replacing Bronson Hsieh who has…
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MSC Ravenna crewmember in LA court over fatal stabbing
A crewmember onboard the 14,000 teu containership could face the death penalty in the US, having been arrested and charged…
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Indian Coast Guard tackles boxship fire
The Indian Coast Guard spent the best part of 16 hours dousing a blaze from a containership, the latest in…
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CMA CGM confirms cyber attack
CMA CGM has confirmed it has become the latest liner to suffer a cyber attack today. The company stated today…
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CMA CGM cites ‘internal IT infrastructure issue’ as sites go down
CMA CGM has become the latest global carrier to be hit hard by IT issues with clients waking up this…
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NYK seals landmark shipbuilding contract guaranteeing propulsion in actual sea conditions
Nippon Yusen Kaisha (NYK) has signed an agreement with major shipbuilder Japan Marine United Corporation (JMU) to introduce a new…
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Zhonggu Logistics commences IPO on Shanghai Stock Exchange
Chinese domestic container operator Zhonggu Logistics has commenced an initial public offering (IPO) on the Shanghai Stock Exchange today. The…
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CMA CGM buys into French airline
Marseille-headquartered CMA CGM continues to diversify from its liner origins under the leadership of Rodolphe Saade. The company revealed yesterday…
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Maersk opens up box link between Israel and the UAE
Maersk, the world’s largest containerline, is to ship boxes between Israel and the United Arab Emirates (UAE) as ties between…
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Weekly Broker: Bargains to be had
Capes are seemingly poised for liftoff judging by the FFA markets this week while tanker prices have dropped to bargain…
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ZIM enters the Australian trades
Israeli carrier ZIM is entering the Asia – Australia trades. The China Australia Express will launch in the middle of…
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