Containers
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ZIM appoints banking veteran as chairman
With Israeli carrier ZIM being rumoured to be exploring an IPO, the world’s eleventh largest liner has sought the services…
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Zhonggu Logistics buys PSA stake in Dongguan Container Terminal
Chinese domestic container shipping major Zhonggu Logistics has take over a 49% equity stake of Dongguan Container Terminal (DCT) from…
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Weekly Broker: Tanker bargains to be had
The tanker S&P market saw ample volume of activities this past week despite the prolonged uninspiring trend noted in the…
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Antong administrator signs restructuring deal with China Merchants and AVIC Trust
The administrators of Chinese domestic container shipping major Antong Holdings has officially signed with Fujian Zhaohang Logistics Management to conduct a…
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MSC vessel makes history linking the UAE with Israel
At dawn yesterday the 8,204 teu MSC Paris made history, calling at Israel’s port of Haifa having taken cargo from…
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Maersk ups full-year EBITDA guidance by 14%
Reporting today booming unaudited figures for Q3, A.P. Moller – Maersk has changed its full-year guidance for 2020 in line…
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CMA CGM online system back up and running
French containerline CMA CGM has confirmed that the company’s e-commerce sites have resumed operations with all their main functionalities up…
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Boxship runs aground in Vietnam en route to scrapyard
The 2002-built 1,118 teu feedermax containership ran aground on the east coast of Vietnam after encountering heavy weather and sea…
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Evergreen Marine names new chairman
Taiwanese shipping line Evergreen Marine has announced the appointment of Chang Yen-I as the new chairman of the company, replacing…
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Top charterers agree to publish shipping emissions data
Some of the biggest names in chartering have vowed to make the details of their shipping carbon footprint public in…
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Ten days on and CMA CGM is still struggling to get all its systems back online
In the 10th day since CMA CGM was hit by ransomware the company has yet to get its eBusiness functions…
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World Direct Shipping buys its biggest ship
World Direct Shipping, a niche carrier focusing on the US – Mexico tradelane, has bought its largest ship to date,…
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MSC backs hydrogen as future fuel
Mediterranean Shipping Company (MSC), the world’s second largest containerline, has given an indication of its future investments as its pursues…
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DSME debuts 23,000 teu ammonia-powered ship design
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has received approval in principle from UK class society Lloyd’s Register for…
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PSA vows to transform new Saudi concession into a global mega hub
Singaporean terminal operator PSA International has laid out plans to create a 7.5m teu hub in Saudi Arabia. Subsidiary Saudi…
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IMO site back up while CMA CGM struggles to get back online
CMA CGM’s eBusiness website remains down one week on from a ransomware attack, while the website of the United Nations…
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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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