Containers
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MSC boss Soren Toft backs carbon taxes and decarbonisation R&D fund
Mediterranean Shipping Co (MSC) has joined other liners to support the call for global carbon taxation for shipping and an…
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Yantian congestion pushes box spot rates to new highs, ceiling still not in sight
Hobbled by growing congestion at Chinese export gateway Yantian and key receiving terminals such as Oakland and Hamburg, the Shanghai…
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Suez Canal Authority to blame for Ever Given’s high speed: UK P&I Club
The insurer of the giant, 20,388 teu has fired back in the ongoing compensation battle to get the ship freed.…
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Sri Lanka braces for bunker tank breach as X-Press Pearl comes to rest in shallow waters
Sri Lankan authorities have reached out to India for urgent assistance with booms, skimmers and oil dispersants being readied in…
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OOCL Durban takes out two cranes in Kaohsiung
A giant gantry crane collapsed onto another crane today at Taiwan’s largest port as a containership came in too close…
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Skou sees bunker tax hitting $450 per tonne
Søren Skou, CEO of A.P. Moller – Maersk, has put a dollar figure on what he’d like to see for…
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Protestors claim to have blocked ZIM ship from docking in Oakland
Pro-Palestinian protestors, led by the San Francisco-based Arab Resource & Organizing Center (Aroc), have claimed victory in turning a ZIM…
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Charred remains of the X-Press Pearl sinking off Colombo
With white smoke still billowing from its foredeck, the 2,700 teu , not yet four months old, started to sink…
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MSC takes 1,102 teu sister ships
Mediterranean Shipping Co’s (MSC) remarkable secondhand tonnage buying spree is not over. Multiple broking sources link the Aponte family-controlled line…
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Protests add to congestion woes at Hamburg forcing carriers to drop calls
Shipping companies, such as Maersk and MSC, are rerouting thier ships from Hamburg as a result of high yard density…
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Boxships make alternate plans following Yantian Covid outbreak
A Covid-19 outbreak around Yantian Port has seen boxships weigh anchor in the South China Sea and others switch port…
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Wan Hai orders four boxships at Samsung Heavy
Taiwanese containerline Wan Hai has placed an order at South Korea’s Samsung Heavy Industries for four containerships worth between $474m…
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Ever Given compensation battle stretches into June
A court hearing was postponed on Saturday as the two sides in the ongoing saga in Egypt edge closer to…
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Sri Lanka readies to sue owners of the fire-struck X-Press Pearl
A criminal investigation is underway over the fire on the ship, with all crew set to be interviewed. Sri Lankan…
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Turkish ship capsizes at Castellon, one dead and one missing
The 1986-built 1,600 dwt general cargo ship capsized during cargo loading operations at Port of Castellon in Spain on Friday…
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Søren Skou and Jan Dieleman stress urgent need for a carbon tax
The World Economic Forum held a high-level debate on shipping’s decarbonisation yesterday featuring Soren Skou, CEO of AP Moller Maersk,…
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Ever Given was travelling too fast: SCA
In the ongoing tit-for-tat between the Suez Canal Authority and Japanese owner Shoei Kisen over who was to blame for…
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Asia-Europe rates pass the $10,000 mark
Box freight rates from Shanghai to Rotterdam have crossed the $10,000 per feu mark for the first time in history.…
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SITC continues fleet expansion with order for eight boxships at Dae Sun
Chinese boxship operator SITC keeps explanding its fleet, having placed an order at South Korean yard Dae Sun Shipbuilding for…
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Firefighting continues on ravaged X-Press Pearl as Sri Lanka assesses widespread environmental damage
Firefighting operations continued for a seventh day Thursday on the badly burnt 2,700 teu , with some hopeful signs in…
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