Evergreen Line together with MOL will launch a new all-water service linking major Asian ports to key destinations on the U.S. East Coast via the Suez Canal.
International environmental regulations for the shipping industry are being tightened and demand a reduction of the emissions of sulphur and nitrous oxides.
US-listed containerships charter owner, Danaos Corporation, recently took delivery of one more newly built containership, the 13,100-TEU Hyundai Smart, expanding its operational fleet to a total of 62 containerships with a total capacity of 336,849 TEU.
STX Pan Ocean, a South Korean shipping line, has started offering a Far East-Middle East service by purchasing container slots on the joint service operated by CMA CGM, CSCL and UASC, respectively branded as AMA/CIMEX/AGX 1.
Despite the persistently challenging environment in the industry, Hapag-Lloyd further increased its transport volume and revenue in the first quarter of 2012.
Container lines operating in the U.S.-Asia have proposed a set of non-binding guideline increases for freight rates covering frozen and chilled beef, pork and poultry, as well as animal hides, to coincide with upcoming contract renewals for those cargoes.
Damen Shipyards has recently delivered the 'Bremen 1' to the City of Bremen (Germany) to replace its 1975-built predecessor.
Nippon Yusen Kaisha (NYK) and Regional Container Lines (RCL) have announced the launch of a new joint service, the Thailand-Vietnam-Canton (TVC) service, from the middle of this month.
The Great Eastern Shipping Co. Ltd (GE Shipping) has signed a contract to sell Jag Pradip, a Medium Range (MR) product carrier.
It is rare for us to see a financial statement which not only shows a parlous situation but indicates that, unless there is a major change in fuel prices and freight rates improve substantially the outlook remains poor.
A new service called the forecasting along the ship routes, which will benefit navigation users will launched by the Indian National Centre for Ocean Information Services (INCOIS) here.
Dockers at the UK port of Tilbury are today staging their first strike since 1989, protesting at the arbitrary introduction of new contracts.
GAC Protective Solutions, Powered by AKE, has entered into two new strategic partnerships with the innovators of anti-piracy technologies to help protect vessels, cargoes and seafarers: Unifire's SEASERPENT Anti-Pirate Water Cannon System and Intelligent Engineering's (IE) SPS Citadel Access Protection.
The International Chamber of Shipping (ICS), which represents over 80% of the global shipping industry has expressed strong support for the agreement reached by International Maritime Organization to increase the limits of liability under the Limitation of Liability for Maritime Claims Convention 1996 (LLMC), by 51%.
Last week saw the resolution, hopefully a permanent one, to a problem that seems to become more widespread as difficult economic conditions prevail.
Members of the G6 Alliance have announced that they will maintain the current 6-loop product structure and not reinstate the planned Loop 2 Asia-Europe service.
The Shipping Corporation of India (SCI) accepted delivery of a Supramax bulk carrier, m.v. Vishva Diksha, on May 2.
APL's largest and newest vessel is also its most environmentally-friendly and fuel-efficient.
Singapore's APL, the container shipping arm of Neptune Orient Lines (NOL), has received the 10,700-TEU APL Southampton, the first vessel in a six-ship series to come in two stages from Korea's Daewoo Shipping & Marine Engineering (DSME).
This week the EU Anti Trust Commission threw open the question of cartel behaviour with the launch of an online link enabling stakeholders in the freight and logistics industry to voice their opinions regarding the maintenance of specific guidelines with regard to collaborative behaviour in the maritime sector.