Japanese and Chinese logistics firms are paving the way for an alternative route to ship cargo from Japan to Europe faster than by sea by exploiting China’s “Belt and Road”
The world’s largest LNG bunker supply vessel has started its voyage from the HMD shipyard in South Korea to its primary area of operation in Northwest Europe, on 17 October.
The UK MAIB issued an investigation report on the allision of the UK-registered container ship 'CMA CGM Centaurus' with the quay that resulted in collapse of a shore crane and subsequent injury of 10 persons.
Japanese carrier Ocean Network Express (ONE) expects to book an unexpected $600 million loss in its first fiscal year due to "teething problems," rising fuel prices and staffing shortages.
The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1m Panama Canal tonnes (PC/UMS), a 9.5% increase from the previous year.
Hapag-Lloyd and Ocean Network Express have concluded a Bilateral Strategic Feeder Network Cooperation Agreement, which has already started on the first trades.
Geman shipping company Harren & Partner and Spanish Pérez y Cía have reached an agreement for Pérez y Cía to acquire CFS Caribbean Feeder Services Inc. from Harren & Partner.r
China remained the trading nation best connected to others by sea in 2018, according to UNCTAD’s latest Liner Shipping Connectivity Index (LSCI), released alongside the Review of Maritime Transport 2018.
Hamburg-based global container line Hapag-Lloyd has recently announced new reefer bookings of 11,100 units and awarded Maersk Container Industry a huge order totalling 8,600 units, of which 2,000 will be Controlled Atmosphere reefers.
Shell recently delivered its first ship-to-ship bunkering of cleaner burning LNG fuel from its specialised LNG bunker vessel, Cardissa, paving the way for many other operations from the vessel.
Demand revisions suggest that demand from Asia to the Middle East and South Asia is in a steep decline, according to a report from shipping consultancy Drewry.
