The Canada-headquartered container vessel owner and operator, Seaspan has forward fixed contracts, extending current lease terms for 17 container ships with COSCO SHIPPING Lines. The vessels, representing approximately 117,700TEU, were previously scheduled to conclude current charters with COSCO for two vessels in 2021, 13 vessels in 2022, and two vessels in 2023, which have now […]
Port authorities from Africa, Asia, Europe, Middle East, and the United States have signed a declaration on their collective response to disruption, digitalisation, and decarbonisation at the 6th Port Authorities Roundtable (PAR), which virtually hosted by the Antwerp Port Authority on 22 and 23 June. With this year’s PAR theme being “Ports as Levers for […]
South Korea’s logistics industry stakeholders have decried the Korea Fair Trade Commission’s (KFTC) recent financial penalties on 12 country’s liner operators, describing it as “a double blow amid tight shipping capacity”. At an industry seminar organised by Korea Shipowners’ Association (KSA) on 23 June, Korea International Trade Association official Kim Byung-yoo said, “I’m concerned that […]
Hamburger Hafen und Logistik AG (HHLA) and Munich-based truck manufacturer MAN Truck & Bus are working on self-driving trucks project for use in hub-to-hub container traffic. In late May, practice tests were successfully carried out for the first time with a self-driving truck in regular traffic at HHLA Container Terminal Altenwerder (CTA). The development of […]
China’s JinkoSolar, the world’s largest manufacturer of photovoltaic solar panels, has signed a framework agreement with COSCO Shipping Lines (COSCON) for maritime cargo transportation and multimodal transport services. Amid the well-documented shortage of containers and runaway freight rates, the agreement ensures that the New York Stock Exchange-listed JinkoSolar will have access to transportation capacity at […]
The Taiwanese container carrier, Wan Hai Lines and the Port of Taichung have launched a delivery platform for reserved cargoes passing through box terminals in the Taiwanese port. The shipping company and the port expect the platform to improve the efficiency of container yard operations and avoid peak-period traffic congestion. A dedicated lane has been set […]
CMA CGM has announced it will improve its intermodal coverage of Zaragoza, Spain, adding a new service from the Port of Valencia. The French carrier already operates a shuttle train service from Barcelona to Zaragoza with five times a week frequency. The new Valencia – Zaragoza shuttle train is part of CMA CGM’s active sales […]
The 2,500TEU container ship, CMA CGM Neva is under quarantine in Hamburg as five crew members, including the captain and chief officer, tested positive for Covid-19, according to Maritime Bulletin. The ship arrived at the Port of Hamburg on 15 June, is berthed at Berth 5 of Eurogate Terminal and, according to the reports, cannot […]
An agreement in principle has been reached among the Suez Canal Authority (SCA), the owners of the 20,388TEU Ever Given, which blocked the Suez Canal in March, and the vessel insurers. “Following extensive discussions with the Suez Canal Authority’s negotiating committee over the past few weeks, an agreement in principle between the parties has been […]
Ocean Network Express (ONE) has entered into a partnership with Rutgers Business School (RBS) in June 2021 to gain direct outreach to RBS’ academic resources while striving to reduce its carbon footprint. The Singaporean shipping company will present business project opportunities to RBS students. These projects will allow Rutgers students to examine trends in maritime decarbonisation […]