COSCO and JinkoSolar ink cooperation deal

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 […]

Wan Hai and Taichung port to improve container yard efficiency with new reserved cargo system

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 […]

SCA, Ever Given owners and insurers come to a deal in principle

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 […]

ONE partners with Rutgers Business School

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 […]

Ports of Auckland halts automated operations due to software malfunction

An incident in the automated area of the Ports of Auckland (POAL) has forced New Zealand’s port to temporarily expand manual operations at the container terminal and reduce the scale of automated operations. The container terminal is now being reconfigured for increased manual operations, according to a statement. At around 03:00 on 17 June, a […]

Chinese entities jump into TradeLens

More than 10 members have joined the blockchain platform, TradeLens, in Chinese Mainland in the first month since TradeLens expansion in China in early May. China Unicom Digital Tech hosts and operate TradeLens, which has been developed by AP Moller Maersk and IBM, in Chinese Mainland, making it available to global and domestic exporters and […]