HMM will order a dozen 13,000TEU ships within H1 2021, at the direction of South Korea’s Ministry of Oceans and Fisheries (MOF). South Korea’s government is continuing a plan, spearheaded by MOF minister, Moon Sung-hyeok (above), that will consolidate its shipping industry, with the order of 12 new vessels that will return its shipping industry […]

Confidence in the ocean supply chain is low and for the movement of vaccines by sea there will need to be an improvement in the reliability and visibility of the logistics system. Speaking at the Containing Covid-19 conference, jointly organised by Container News and Cool Logistics, Michael Culme-Seymour, Consultant, World Economic Forum (WEF) and VP […]

Port of Koper has chosen the Belgium-based automation company Camco Technologies for the automated registration of its increasing container and rail wagon traffic. Camco will be responsible for the design, installation and support of its rail optical character recognition (OCR) portal technology. The Slovenian port’s investment plan expects to reach a capacity of more than […]

Taiwanese intra-Asia carrier TS Lines continued its secondhand ship buying spree, and plans to buy more ships, with the acquisition of two more container ships. The company acquired the 2003-built 5,551TEU TS Mumbai (ex-Naxos) from International Maritime Enterprise, part of the Embiricos group, for US$25.5 million, as well as the 2008-built 1,740TEU Hansa Falkenburg from […]

The Panama Canal Authority (ACP) has announced that it will postpone price increases on canal transit fees which were due to come into effect today, 15 April. The decision follows a joint letter sent by the International Chamber of Shipping (ICS), Asian Shipowners’ Association (ASA), and European Community Shipowners’ Association (ECSA), expressing concerns over the […]

Interasia Lines’ management has disclosed that misdeclared dangerous goods caused the recent fire on the Interasia Catalyst, and plans to seek damages from the shipper concerned. The fire began on 4 April in a number of containers on deck, with the captain sending a distress call at around 01:00, local time, shortly after the ship […]

Zhonggu Logistics will issue up to 133,333,333 A-shares to raise CNY3 billion (US$461 million) that will finance newbuildings, new containers and develop information technology solutions, following the company’s 2020 net profits to CNY1.02 billion (US$157 million), a 19% year-on-year increase. China’s largest domestic liner operator, which launched its first overseas route in March, stated that […]

CMA CGM has confirmed new reefer surcharges from Morocco to several destinations worldwide, which will take effect from 15 April. In the first instance, the French shipping line will implement a peak season surcharge of US$1,000 for reefer cargo from Morocco to all US destinations. In addition, CMA CGM will apply equipment repositioning surcharges (ERS) […]

Dominating the past year’s news has been the pandemic, mainly about the social distancing and lock-down regimes in various countries, but also the heralded way out of the Covid nightmare has been the development of vaccines that will mitigate the viral effects. Those vaccines were delivered in record time and have been disseminated amongst the […]

Evergreen is offering a direct service between South Korea and Vietnam, for the first time, with a new Korea-China-Vietnam (KCV) service starting mid-April. The Taiwanese liner operator is joining its rivals in targeting cargo growth in Vietnam by deploying three ships, each with capacity ranging from 1,600TEU to 1,800TEU. KCV’s service route will be Busan, […]