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Taiwanese intra-Asia carrier TS Lines has commissioned the building of two 1,900TEU ships from CSSC Huangpu Wenchong Shipbuilding of China. Each newbuilding is priced at US$22.8 million and delivery is set for between the third and fourth quarters...
Container ships pulling into ports to unload containers rebounded in many parts of the world in the third quarter of 2020, showing early but uneven signs of recovery. This offers a hopeful sign for world merchandise trade, which...
According to a Loadstar article, while the air freight industry may be wary of the surge in growth of Asia-Europe rail services, more customers are moving there from sea freight, according to one forwarder. Container traffic from China to...
Hurricane Sally strengthens into a Category 2 storm on Monday. There's a chance it will make landfall in southeastern Louisiana, a state still recovering from the aftermath of Hurricane Laura. According to the National Hurricane Center, the center...
Surge in airfreight rates forces e-merchants to rely on ocean transport in order to ship their goods before the holiday season. One container line moves more than 2,000 teu of e-commerce a week from southern China to the...
The Baltic Briefing has released a report about the dry bulk market for the 37th week of shipping activities of this year. The report dated 11th September highlights the plight of the dry bulk market at the on-sight of...
From seafarer wellbeing to a lack of recognition from governments, the shipping industry has seen many challenges arise in the past few months. During the recent ‘Leaders in Shipmanagement’ webinar, we found out what ship managers want from themselves,...
According to a Loadstar article, strong customer demand has forced Maersk to remove its Maersk Spot product from some departures. What ls lt? Maersk Spot offers a loading guarantee, online booking and a fixed price and forwarders reported it had been...
MSC acquired a 2001-built panamax containership from UK owner Tufton Oceanic, says an article published in Splash 247. About the vessel Switzerland-based shipping line Mediterranean Shipping Company (MSC) has taken over a 2001-built panamax containership from UK owner Tufton Oceanic. According to...
The deal formally announced by Banca Carige and the NPL management company Amco, cuts a 49% stake for MSC in the Ignazio Mesina & C. shipping group. Aponte will invest €25m for a 49% stake in the Ignazio...
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