GERMAN flag carrier Lufthansa will cut 20 per cent of managerial positions and accept no more than 80 planes from its current order book to be able...
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Lufthansa starts reducing fleet, cutting jobs to pay back state aid -
STM demonstrates the future for e-navigationWith more ships using electronic navigation and digital services, data exchange is becoming critical for sea traffic management and safety
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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...
- CMA CGM re-names NOL in sweeping changes to Far East operations
FRENCH shipping giant CMA CGM has re-organised itself and its subsidiaries into a tight-knit unit delivering a one-for-all-and-all-for-one service on...
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Iskenderun Ship Management Expands Its Fleet!İskenderun Ship Management announced that a new ship was bought by shipowner Engineer İbrahim Mazman and his family to be operated within the...
- Yang Ming beats IMO emission targets 11 years ahead of schedule
TAIWAN's Yang Ming has said its carbon emissions per TEU/kilometre have dropped by 51 per cent since 2008 and that it has reached IMO...
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Sanmar Adds "IYIDERE" to Its Portfolio as Targe Towing from UK have ordered!Targe Towing from UK have ordered two Robert Allan RAmbler 1200 multi-purpose mini tugs based on the successful twin screw RA 1600 design.
- IATA: Air cargo picked up in May, demand still weak
THE International Air Transport Association (IATA) reported air cargo volume fell 20
- MSC charters 11 vessels at discounted rates
MEDITERRANEAN Shipping Company, MSC, was quick off the mark to take advantage of the depressed charter market, agreeing to snap up eleven 8,000-8,800...
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Korean shipbuilders rush to develop eco-friendly ships amid regulations! - DHL orders three B767 conversions from Israel's IAI
ISRAEL Aerospace Industries (IAI) has clinched a contract to convert an additional three B767-300 aircraft for DHL
- OOCL clinches fuel efficiency gong
HONG Kong's Orient Overseas Container Line (OOCL), now a Cosco unit, has been presented with the Fuel Efficiency Award at the Seatrade Maritime...
- RCL revamps RMS service to link up Malaysia and Indonesia
THAILAND-BASED Regional Container Lines (RCL) has revamped its RMS service to link up Malaysia and Indonesia in a new 'butterfly' service
- 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...
- HMM's fleet of box ships increases, other top ocean carriers cut capacity
EVERY deepsea carrier has reduced its operated capacity this year, except South Korea's HMM, which is taking delivery of a series of the...
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HMM's fleet of box ships increases, other top ocean carriers cut capacityEVERY deepsea carrier has reduced its operated capacity this year, except South Korea's HMM, which is taking delivery of a series of the world's...
- There is a future for the shipping world after Covid-19 pandemic: PISR CEO
THE global shipping industry will be at the forefront when the world economy recovers after the Covid-19 pandemic, a view held by Panos Kimidis, CEO...
- MPC Containers Ships seeks US$15m in recapitalisation plan
OSLO-LISTED German container line MPC Containers Ships is seeking approval from its bondholders and lenders for a recapitalisation plan designed to...
- 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...