CONTAINER terminals in Southeast Asia may need to invest up to US$13 billion to keep pace with expected supply chain diversification from China,...
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Ports need US$13 billion upgrade as shippers reshore from China -
Costly cargo: The plight of seafarers in a pandemicAmid the many consequences of the coronavirus pandemic, thousands of seafarers around the world are now locked onboard their ships with expired...
- Another peak season runs aground as ocean carriers extract capacity
OCEAN carriers are bracing for muted demand during the usual peak shipping season heading into the fall, with supply chains still rattled by the...
- LA-LB terminal operators to put up gate fees by 4.2pc from August 1
TERMINAL operators at Los Angeles-Long Beach ports are to increase the traffic mitigation fee (TMF) used to fund night and weekend gates at the port...
- SIPG and THE Alliance test fast-track box processing at Yangshan port
SHANGHAI International Port Group (SIPG) and THE Alliance have entered into an agreement to test out onshore container drop-offs for cargoes bound...
- Autonomous drone inspections move step closer after successful test
AN autonomous drone inspection has successfully taken place aboard a 19
- LA-LB rise to the challenge to handle mega-ships, but landside pressures remain
TERMINAL operators in Los Angeles-Long Beach have this month demonstrated their ability to handle record container exchanges in a single vessel call
- Yang Ming wants to own more ships to cut chartering costs: chairman
TAIWANESE shipping line Yang Ming Marine Transport (YM) wants to increase the proportion of owned capacity in its fleet, from the current 30 per cent...
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Maersk sets $500 misdeclaration fee for wrongly-sized out-of-gauge cargo!In a further effort to crack down on misdeclared cargo, Maersk Line will introduce a $500 fee for special and out-of-gauge cargo if the actual...
- Air France offers employees voluntarily buyouts to cut overhead
AIR France is offering incentives to 8,300 staffers who voluntarily quit to cut costs without causing a political backlash, Bloomberg reports
- TS Lines in search of new ships as Q1 profits soar 170pc to US$21.5m
CHAIRMAN of TS Lines, Chen Te Shen says controlling costs and services additions on routes with growing demand have led to the Taiwan carrier's...
- APL England heads for Chinese repair yard after losing 50 boxes
SINGAPORE-FLAGGED 5,780 TEU APL England that lost 50 boxes off the coast of Australia has been allowed to leave Brisbane, heading for a Chinese...
- Maersk expects improved second quarter as market demand grows
DANISH shipping giant Maersk, the world largest container carrier, said its second quarter results will be better than its first
- China loses WTO dispute against EU in 'market status' bid
BEIJING failed to win its battle to have the European Union recognise China as a 'market economy' as defined by the World Trade Organisation,...
- IMO 2020 added $100 million to CMA CGM's first quarter bunker bill
FRENCH shipping giant CMA CGM bunker fuel bill rose 11 per cent in the first quarter, as fuel became more expensive immediately after the global...
- Federal court backs New Jersey's bid to end NY Waterfront Commission
A FEDERAL appeals court has ruled in favour of New Jersey pulling out of the old crime-fighting Waterfront Commission that now oversees longshore...
- CMA CGM Q1 profit up 13.5pc to US$48m, but sales off 3.3pc to $5.52b
FRENCH container shipping giant CMA CGM increased year-on-year first quarter net profit 13
- Steep dip in April air cargo demand: IATA
THE latest figures from the International Air Transport Association (IATA) show that air cargo recorded its steepest ever decline in volumes in...
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S Korean liner alliance in dispute with Busan Port Authority over extra costsKOREA Shipping Partnership (KSP), a quasi-alliance of South Korea's liner and feeder operators, is seeking arbitration with regard to Busan Port...
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ANALYSIS: LNG fails to answer shipping's big energy transition!LNG has the shipping industry's attention as the next step to meeting climate change goals. It's already being...