According to an article published in Daily Times, Supply-chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, amplifying the impact of higher commodity prices and base effects from price falls in spring last...
Maersk Inc. North America has announced the start of a new service linking ports in Vietnam and China with the US East Coast via the Panama Canal, starting in May 2021, says an article published in Maersk.
TP23 String
The TP23...
The 2M partners Maersk and MSC, and their transpacific partner Zim are set to increase Asia-US east coast capacity with a new service in May, reports The Loadstar.
Dubbed the TP23/Palmetto service, it will deploy 10 6,500 teu vessels, with...
According to an article published in Reuters, Tanker operator International Seaways Inc said on Wednesday it will buy Diamond S Shipping Inc for about $416 million, as it aims to expand its crude shipping capacity and create one of...
Cargotec changed the definition of the alternative performance measure comparable operating profit.
And discloses figures in accordance with the new definition for the comparison period 2020.
Cargotec reiterates its outlook published on 4 February 2021 and expects its...
Singapore-headquartered Grindrod Shipping Holdings has announced the sale of three tankers via two separate transactions, reports BMGlobal.
About The Deal
The 2013-built MR2 tankers Leopard Moon and Leopard Sun have been sold for $21.4m each, with delivery expected by April 30. The vessels are valued...
Yang Ming Marine Transport Corp gave an optimistic outlook for the first half of this year on expectations that container shipping rates would remain high, reports TaipeiTimes.
High freight rates
Yang Ming president Patrick Tu told an investors’ conference in Taipei...
The ultramax bulk carrier Great Vista joined Wah Kwong ship management team, says a WK LinkedIn post.
Fleet expansion
The ultramax bulk carrier Great Vista joined Wah Kwong ship management team on 30th March 2021 as their 54th vessel.
The vessel was...
Dubai-based feeder boxship operator Global Feeder Shipping (GFS) has added to its fleet with the acquisition of 2007-built 3,450 teu boxship Uni Florida from Hong Kong-headquartered Japanese owner Uni Asia, reports Splash247.
Delivered Last Week
The vessel, which has been renamed GFS Perfect,...
Norwegian car carrier operator Wallenius Wilhelmsen is set to reactivate the last three of its vessels that were placed in cold layup last year due to a slow down in the car carrier market, caused by the Covid-19 pandemic,...
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