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South Korean liner operator SM Line Corporation said it had achieved its goal of becoming a specialist trans-Pacific carrier after opening a solo service to the west coast of North America. This adds to its China Pacific Express service, launched in 2017, to connect Long Beach with various east Asian ports.
5/21/2018 1:15:40 PM
In an attempt to attract tonnage from foreign shipowners before such imports are banned from 1 January 2019, Chinese ship-recycling facilities have raised their prices to match those offered by Turkish yards.
5/21/2018 1:15:01 PM
ONTAINERSHIP supply will outstrip demand for the remainder of 2018, but a dearth of orders will mean the market could see a reversal by 2019-2020.
5/20/2018 1:44:49 PM
After a year of recovery in 2017, initial results from box carriers indicate that the bright outlook held for 2018 may need to be toned down.
5/18/2018 12:29:42 PM
Head of the Suez Canal Authority (SCA) Admiral Mohab Mamish said around 18 thousand ships and a million tons of total cargo passed the Suez Canal throughout 2017.
5/13/2018 2:53:27 PM
China plans to stop recycling foreign-flagged ships from 2019 as the nation toughens its stance on waste processing industries.
5/9/2018 2:27:09 PM
The Panama Canal has added an additional reservation slot to its Neopanamax locks, bringing the total available booking slots to eight daily.
5/9/2018 12:14:25 PM
Clarksons describes the markets of tanker, bulker and shipbuilding of last week.
5/8/2018 2:24:44 PM
Major port operator DP World is teaming up with Egyptian government-linked parties to develop a new inland container deport (ICD) that is expected to boost the flow of cargo into inland areas.
5/8/2018 12:46:02 PM
Piracy reporting organisation ReCAAP Information Sharing Centre (ISC) reported that there were three minor incidents of piracy and armed robbery against ships in Asia in April 2018, while there was no report of actual or attempted incidents involving the abduction of crew from ships while underway in the Sulu-Celebes Seas and waters off eastern Sabah. There was also no incident of hijacking of ships for theft of oil cargo during the period.
5/8/2018 12:42:22 PM
Hong Kong-based container shipping and logistics services company’s overall average revenue per teu increased by 8.3% compared to the year-ago period.
5/6/2018 8:06:08 AM
AP Moller Maersk ceo Soren Skou believes that best solution for meeting the International Maritime Organization’s (IMO) 0.5% sulphur cap is for refineries to provide low sulphur to shipping.
4/30/2018 10:51:02 AM
Clarksons describes the markets of tanker, bulker and shipbuilding of last week.
4/29/2018 2:55:14 PM
leading container line CMA CGM will grow its presence in the logistics sector with the acquisition of a nearly 25% stake in CEVA Logistics.
4/28/2018 5:26:41 PM
Dubai-based terminal operator DP World Limited is off to a good start in terms of volume growth across its terminals.
4/28/2018 11:31:45 AM
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