ZIM moves up, PIL out of the top 10 liner list with shrinking fleet

SINGAPORE's embattled Pacific International Lines (PIL) has slipped out of the top 10 global liner rankings with further sales of its dwindling...

PIL unloads another three box ships to stay afloat

SINGAPORE-BASED under pressure Pacific International Lines (PIL) continues to divest itself of tonnage to help pay bills

HMM joins PSA in Singapore to run container terminal hub

KOREA's Hyundai Merchant Marine (HMM) has become the sixth container line to enter into a joint venture terminal in Singapore with PSA

24,000-TEU HMM Algeciras biggest afloat to dock at Southampton

THE docking of the 24,000-TEU HMM Algeciras signals the arrival in the UK of the biggest containership built so far, reported London's Riviera...

Increased tonnage afloat will result in rate slide, says Alphaliner

SOME 313 containerships, or 1,555,959 TEU, remained laid-up as of July 20, representing 6

PIL seeks lifeline from Temasek Investment to stay afloat

SINGAPORE-BASED Pacific International Lines is in talks with an arm of the Lion City's sovereign-wealth fund Temasek Holdings over a potential...

Korean Air plans to raise US$817 million to stay afloat as flag carrier

KOREAN Air Lines plans to sell new shares to raise about KWN1 trillion won (US$817 million) after the coronavirus outbreak wiped out 90 per cent of...

Ten-point plan to bolster global transport, ease trade during COVID-19

UNCTAD issues an action plan to tear down barriers to trade and transport and ensure the free flow of goods, food and essential supplies. 

Useful Covid-19 Data Resources Available to Maritime People

​​​​​​​CSA President, Juan Carlos Croston, has shared this invaluable resource from Nick Chubb and Thetius which compiles a list of...

HMM set to take delivery of world's largest box ship

SOUTH Korea's Hyundai Merchant Marine (HMM) is to take delivery of the world's largest containership, HMM Algericas, the first in a series of...

CMA CGM box ships and crews feature in new James Bond movie

FRENCH shipping giant CMA CGM has provided two ships, containers and the use of a container terminal in Kingston, Jamaica to film the next James Bond...

Mega box ships pay off big if full afloat, but not so much ashore: Drewry

OCEAN carriers who deploy mega containerships to drive down slot costs are also driving up costs for ports and truckers, says top Drewry Maritime...

Malta Freeport docks its first LNG-powered containership

The 1,400-TEU Containerships Polar, on its way from Asia to Rotterdam, was the first LNG (liquefied natural gas) solely-powered vessel to dock at...

CMA CGM starts Reefer Pharma to snatch pills and potions from air cargo

FRENCH shipping giant CMA CGM's launch of its new Reefer Pharma division, is making a serious move to snatch market share for ocean freight from...

Royal Navy moves east of Suez with carriers calling at Omani Port of Duqm

BRITAIN and Oman have signed a new joint defence agreement confirming the Royal Navy's ability to call at the new Port of Duqm, reported Fort...

State-backed major container shipping firms define new market reality

GOVERNMENT support is a lifeline for some container shipping companies, although, many in the industry believe it is a drag on the global shipping...

ICS chairman calls for greater regulation of seafarer training from UN

THE International Chamber of Shipping (ICS), which represents 80 per cent of the commercial tonnage afloat, has called for a comprehensive revision...

NYK teams up with IT firms to establish open internet platform for ships

AN Internet of Ships Open Platform (IoS-OP) data centre has established by Nippon Kaiji Kyokai (Class NK) to share data collected from vessel...

Korean subsidies for HMM irks Europe as unfair competitive advantage

STATE-OWNED Korea Ocean Business Corporation (KOBC) has reportedly signed off on KRW6

APL: Massive global bunkering infrastructure needed to make LNG viable

APL chief executive Nicolas Sartini says the shipping world needs a global LNG bunkering infrastructure, after its parent French shipping giant CMA...