The Shanghai International Port Group (SIPG) has announced a container “land-to-water” service, covering the ports in the Yangshan area and Waigaoqiao area of Shanghai Port to related ports in the Yangtze River and Yangtze River Delta areas. The measure is taken in order to alleviate the pressure on road transportation caused by the impacts of […]
The Israeli box carrier ZIM has announced a new charter transaction with a group of investors initiated by MPC Capital AG, according to which ZIM will charter a total of up to six 5,500 TEU wide beam newbuild vessels. The chartering period will be seven years and the total charter hire consideration is approximately US$600 […]
The Port of Los Angeles (POLA) has registered the busiest January in its 115-year history by processing 865,595 TEU, which is a new milestone for a Western Hemisphere port. This performance also translates to a year-on-year increase of 3.6%, according to the Port of Los Angeles data. Meanwhile, loaded imports reached 427,208 TEU, reflecting a […]
Ningbo-Zhoushan, China’s second busiest container port is still open for business as the country battles another wave of Covid-19 infections, but the drive to keep out the disease has slowed trucking logistics. Bunkering sources told Container News that, “Only Zhenhai and Beilun (districts in Ningbo) have been locked down. The port itself is still functioning, but people […]
Mediterranean Shipping Company (MSC) has finally surpassed Maersk as the largest container shipping company in the world in terms of TEU capacity, according to the latest Alphaliner’s figures. MSC had significantly closed the gap from its Danish rival in the latest months and with the acquisition of the 4,992 TEU Mexico, which was until recently on […]
The 14,000TEU APL Esplanade has made its first call at Yokohama port, becoming the CMA CGM Group’s largest container ship to visit the Japanese port. Destined next for South Korea, the boxship arrived at the Honmoku D4 terminal with 35% more capacity than the smaller vessels deployed previously on the Asia Central South America 1 […]
The DUUS terminal in Port of Hamburg welcomed on 25 October the first container block train of the new service linking Hamburg with China. The ‘Shanghai Express’ which is operated by Shanghai Orient Silkroad Intermodal Co. Ltd, commenced from Shanghai, traversed Alashankou in Kazakhstan, Belarus and Małaszewicze in Poland, and finally arrived in Hamburg on […]
Following the permission by the Canadian Coastguard, all the firefighters and seven members of the crew have now boarded the 4,253TEU ZIM Kingston, which on 22 October lost around 40 boxes at sea and suffered a fire incident off the Canadian coast. The Expert’s Master, in Victoria, Canada is coordinating with the firefighters on board […]
The 4,253TEU boxship, ZIM Kingston, which is chartered by ZIM and owned by Danaos Shipping, suffered a severe fire incident on Friday, 22 October, after two damaged containers caught fire on board the vessel near Canada. The Greek ship owner and operator, Danaos Shipping has reported that earlier on that day, the excessive listing due […]
Τaiwanese liner operator Yang Ming Marine Transport has agreed to charter one of its container ships to Maersk Line for a year at nearly US$63 million. Based on the average daily rate of around US$172,600, the vessel is likely to be a Panamax boxship. Yang Ming said that Maersk Broker had negotiated the transaction. No […]