THE number of idle containerships globally rose by 52 per cent in November compared to October for a total idle capacity of 900,000 TEU, according to data released by Drewry.
CAPACITY cuts and service withdrawals are looming over the Asia-Australia container trade over the next few months.
HAPAG-LLOYD has announced amendments to the port rotation of its Europe Australia Express service (EAX) with adding calls at the French ports of Fos sur Mer and Pointe de Galets (La Reunion) on its southbound leg, starting from December.
TAIWAN's container carrier Evergreen Marine has signed a deal to buy another 10 new 2,800 TEU container vessels for up to US$390 million.
Maritime NewsGerman Navy tall ship Gorch Fock shows how not to enter port in Wilhelmshaven, Germany on Wednesday..
OSLO, Nov 26 (Reuters)– Norwegian offshore supply vessel owner World Wide Supply will not be able to make a scheduled interest payment on its debt on Nov. 27, the shipping firm said on Thursday. Companies serving the oil industry are suffering from weak demand as oil companies cut back on investments and exploration to […].
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