Number-four ocean carrier CMA CGM has launched what it describes as the first online rate service offering "guaranteed prices within seconds" for container shipping on major trade lanes.
South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join a new ocean alliance said a local media report.
Scorpio Bulkers announced that it signed an agreement with third parties to purchase scrubbers for 18 of its vessels in 2019 and for 10 of its vessels in 2020.
Norwegian oner and operator of container vessels MPC Container Ships (MPCC) has exercised options to equip additional five vessels with exhaust gas cleaning systems.
Nippon Yusen Kaisha (NYK) and Mitsubishi Logistics Corporation (MLC) announced on August 30, 2018, to integrate management of the four NYK Group terminal operation companies in Japan