SHIPPING
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IMO 2020 to cost Hapag-Lloyd US$1B more per year
January 13, 2020 - Hapag-Lloyd is expecting to incur an additional annual cost of US$1 billion to make its fleet compliant with the IMO...
ZIM to start seasonal service to Russia this month
January 13, 2020 - Zim Integrated Shipping Services Ltd. (ZIM) has announced that its seasonal reefer service from Egypt to Russia has...
Despite risks, SC Ports post record growth in 2019
January 10, 2020 - South Carolina (SC) Ports recorded its best year in its history, handling more than two million TEUs in 2019 despite...
Yang Ming to launch Taiwan - Japan service
January 8, 2020 - Yang Ming Marine Transport Corp has announced it is launching a new Taiwan – Japan service by the end of this month as...
Contship Italia investing in infrastructure, eyes growth in Asia
December 19, 2019 - Contship Italia expects trade volume from Asia to continue growing in the next few years with a boost seen from Italy’s...
Weak peak? Trans-Pacific volume slumps
December 19, 2019 Container lines in the trans-Pacific arena are sailing into a gloomy festive season. After a slump in traffic in...
Shipping companies eyeing North Sea Route, but not now
December 19, 2019 Shipping companies are closely watching the developments in the North Sea Route (NSR) but are not yet keen on starting...
Port of Oakland hopeful, cautious over US-China trade deal
December 18, 2019 Port of Oakland officials sounded mixed optimism with caution following the recent approval of the phase one trade deal...
Port of LA, Indonesia ink cooperative agreement
December 18, 2019 Officials from the Port of Los Angeles and Indonesia Port Corporation (IPC) PT Pelabuhan Indonesia II (Persero) have...
Fitch assigns negative outlook for shipping in 2020
December 17, 2019 Fitch Ratings has said that its outlook on the shipping industry remains negative for next year, noting subdued...
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