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HMM recently deployed an extra loader to transport export products from South Korea to the United States amid surging vessel demand, says HMM’s LinkedIn post. Extra loader The 4,600-TEU container ship HMM Forward scheduled to depart from Hyundai Pusan New Port...
A new entrant is to be set on the booming Asia – Europe container tradelane, says an article published in Splash247. East-West Tradelane China United Lines (CU Lines), which was founded in 2005 initially as a domestic then intra-Asia operator, is...
Covid-19 destroys  the market for supertankers that deliver about a fifth of the world’s crude oil. This is to boom trade on the beaches of Bangladesh, India and Pakistan, where obsolete ships go to get blow-torched and sold...
DHT Holdings, Inc. announces that it has entered into agreement to acquire two VLCCs built in 2016 at DSME (Daewoo) for USD 136 million. The vessels are scheduled to deliver during the first half 2021. The Company will...
Norsepower has successfully installed two 35-metre tall Rotor Sails for SEA-CARGO. The installation heralds the world’s first tiltable Rotor Sail. The system is fully automated and detects whenever the wind is strong enough to deliver fuel and emission...
Logistics giant AP Moller-Maersk, the owner of the largest shipping company in the world, expects to order its first carbon-neutral ship as soon as 2023. Maersk CEO Soren Skou Comments The company is likely to order smaller container ships at first...
According to an article published in Port News, Wilhelmsen Ship Management (WSM) has become a member of the Sustainable Shipping Initiative (SSI), an alliance of key organisations that is driven to bring change to a more sustainable maritime industry,...
Saying the yr 2020 wasn’t an awesome one for the economic system is a little bit of an understatement, reports Shipping.  Increase in unemployment  Retailers shuttered, companies had been pressured to shut or, worse, go bust, and unemployment hit 1 million...
Jack Ma resurfaced for the first time since China's government began clamping down on his business empire nearly three months ago, appearing in a live-streamed video that sent Alibaba Group Holding Ltd.'s stock soaring but left plenty of unanswered...
Hong Kong-based ship operator Wallem Group has announced that Chief Executive Frank Coles has resigned and will be leaving the Wallem Group shortly. Wallem Group Comments Wallem has issued a statement saying “As many will be aware Frank has been very...
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