Shıppıng Lınes News
ZIM reports all-time record Q3 profitUnderscoring the remarkable bounce back of container shipping from reduced volumes due to Covid-19 lockdowns in the first half of the year, ZIM has reported its highest ever Q3 profit.20 November 2020 Friday 13:10
HMM in Singapore jv container terminal with PSASouth Korea’s HMM has become the sixth container line to enter into a joint venture terminal in Singapore with PSA.03 September 2020 Thursday 13:15
New global structure for Hamburg Süd within MaerskHamburg Süd is making changes in its organisational structure as parent AP Moller - Maersk moves to further integrate the different brands and businesses in its ocean and logistics portfolio.02 September 2020 Wednesday 16:0
Maersk retiring Safmarine and Damco brandsAP Moller - Maersk is retiring the Safmarine brand which will be merged into its global liner offering as the Danish shipping company continues to re-organise its business.02 September 2020 Wednesday 11:0
CMA CGM launches humanitarian shipping relief effort for LebanonCMA CGM has launched a humanitarian relief effort to ship aid to Lebanon following the devastating blast at the Port of Beirut earlier this month.24 August 2020 Monday 14:30
Seaspan splashes out $146m in cash for boxship pair backed by chartersSeaspan Corporation has acquired two secondhand containerships for approximately $146m in cash in a deal backed by long term charters.24 July 2020 Friday 14:58
China’s COSCO Sets Up New Company for Intra-Europe ServicesChina’s COSCO Shipping Lines has established a new subsidiary that would focus on intra-Europe feeder operations.13 November 2019 Wednesday 16:43
CargoSmart container blockchain consortium moves forwardCargoSmart has successfully completed a proof-of-concept with eTradeConnect, a multi-bank blockchain consortium in Hong Kong facilitated by the Hong Kong Monetary Authority07 November 2019 Thursday 15:43
New LNG Carrier Named for Yamal ProjectChina’s Hudong-Zhonghua Shipbuilding has held a naming ceremony for a conventional LNG carrier, jointly ordered by Japan’s shipping major Mitsui O.S.K. Lines and China COSCO Shipping.25 September 2019 Wednesday 10:1
Japan’s Kumiai Senpaku Secures Charter for Newbuild FerryPhilippines-based Trans-Asia Shipping Lines has signed a 10-year bareboat charter with Southern Pacific Holding Corporation, a subsidiary of Japan’s Kumiai Senpaku, for a newbuild roll-on/roll-off (RoRo) ferry.24 September 2019 Tuesday 15:07
COSCO launches new Black Sea Med serviceCOSCO SHIPPING Lines CO., LTD announces the launch of service between Black Sea and Mediterranean, as from mid of September 2019.16 September 2019 Monday 10:43
Korean Corporation to Support Ten Shipping LinesOn Sunday, the newly launched Korea Ocean Business Corporation announced support for 10 small to medium shipping lines to help revive the nation's maritime sector.30 July 2018 Monday 11:45
Two New Shipping Lines to HamadTwo new maritime lines are launched from Hamad Port which will enhance Qatar’s trade connections with various ports in China, India, Malaysia, Turkey and Greece, among other countries.18 September 2017 Monday 12:36
Japanese Shipping Lines Caught Off Guard as U.S. Rejects Merger PlanThe US Federal Maritime Commission (FMC) has rejected the merger of the container businesses of K Line, MOL and NYK on “jurisdictional grounds”.05 May 2017 Friday 12:40
Sinking Shipping Lines Won’t Help Buoy SurvivorsHere’s some good news for the hard-pressed shipping industry: Of the top 15 container lines that were in operation nine months ago, four have gone out of business or are in the process of doing so.07 September 2016 Wednesday 21:2
Beijing tells shipping lines to streamline further or be liquidatedChina’s state-run shipping scene, already massively different from 18 months ago, could be set for a further period of restructuring and streamlining.28 July 2016 Thursday 00:00
