SHIPPING
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Hapag-Lloyd: Strained global supply chains to continue to normalise
November 10, 2022 - Hapag-Lloyd continued to benefit from "higher" freight rates in the first nine months of the y...
Drewry warns shippers of up to US$14B in extra costs for decarbonisation
November 9, 2022 - The global shipping industry will see billions of dollars added to freight costs in the future on the back of...
DP World to invest up to US$500M in 5 years to reduce CO2 emissions
November 8, 2022 - DP World has announced an investment of up to US$500 million to cut CO2 emissions from its operations by nearly 700,000...
ZIM puts up agency in New Zealand as part of its expansion plans
November 8, 2022 - ZIM Integrated Shipping Services Ltd. (ZIM), has announced the opening of a fully-owned ZIM agency in New Zealand,...
Singapore, Long Beach, L.A. Ports to establish green, digital shipping corridor
November 7, 2022 - The Maritime and Port Authority of Singapore (MPA), Port of Long Beach, Port of Los Angeles, and C40 Cities have...
OOCL boosts Asia-Africa network with new service
November 4, 2022 OOCL is expanding its Asia-Africa network with the launch of a new service linking India, the Middle East and East...
MSC warns ETS compliance could cost up to €500 per FEU
November 3, 2022 MSC has outlined its cost projections for adhering to the Emissions Trading System (ETS) as the planned regulation...
Maersk, Spain to explore large-scale green fuels production
November 3, 2022 Maersk (Maersk) and the Spanish Government have signed a General Protocol for Collaboration to explore the...
Transpacific small carriers about to reduce capacity
November 3, 2022 Non-alliance and small carriers plying the Transpacific route are expected to continue reducing capacity as shipping...
ONE, other members of Poseidon acquires Atlas Corp for US$10.9B
November 2, 2022 The consortium bidding for Atlas Corp. has entered into a definitive agreement with the owner of Seaspan Corp., to go...
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