On October 17, 2023, the second 1,800TEU container ship built by Huanghai Shipbuildingfor Indonesian shipowner MERATUS LINE was successfully delivered. The ship has a total length of 171.9 meters, a molded width of 28.4 meters, a molded dep

The CMA CGM Group, a global player in sea, land, air and logistics solutions, has been named Best Global Shipping Line for the third consecutive year at the 2023 Asian Freight, Logistics and Supply Chain Awards (AFLAS). Voted by industry st

Shandong Port Group (SPG)on Oct 13 held its first integrated supply chain service overseas promotion conference in Singapore. The group had on the same day also inaugurated Trafigura SPG International Trading Co Ltd, a signal of its intent

The worlds first trans-Pacific green shipping corridor has formed its implementation outline and is about to exhibit the feasibility of the worlds first zero lifecycle carbon emission container ship by 2030, according to official sources. T

JERUSALEM, Oct 17 (Reuters) - Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its Ever Cozy vessel diverted to Haifa further north due to safety concerns, according to

The Russian Federations recent implementation of temporary entry restrictions for Ukrainian citizens may cause delays and other difficulties for vessels with Ukrainian crew at Russian ports. On 6 October 2023, the Russian Federation issued

Taipei, Oct. 12, 2023 Wan Hai Lines Ltd. held a joint ship naming ceremony for WAN HAI A05 WAN HAI A06 accompanied by a charity donation today (12th April) at HD HYUNDAI HEAVY INDUSTRIES Ulsan Shipyard. WAN HAI A05 WAN HAI A06 are the forth

At the start of October, the capesize order book was at 20 million DWT, a mere 5% of the capesize fleet. The contracting of newbuild capesize ships has gradually decreased since its peak in 2013 and only 5 million DWT were contracted so far

On October 16, the 16,000TEU container ship No. 2 built by CSSC Guangzhou Shipyard Internationaland China ShipbuildingTradingfor MSCandCSSC (Hong Kong) Shippingwaschristened anddelivered. The ship is named MSC VALENTINA. The ship is 366 met

The Israel-Gaza conflict has escalated significantly after Hamas launched a major terror attack on 7 October. This article answers some of the trade-related and contractual questions shipowners might have in this turbulent and highly volati

(11 Oct 2023, Hong Kong) CIMC Enric Holdings Limited and its subsidiaries (collectively, CIMC Enric or Company) (Hong Kong stock code: 3899.HK) are pleased to announce that a subsidiary, Zhangjiagang CIMC Sanctum Cryogenic Equipment Co., Lt

Except for February 2023, the uninterrupted year-on-year decline of container throughput at the Port of Hong Kong continued in September with a 14% fall off in boxes handled. The total throughput for September at all facilities was 1.197 te

New research has found that the maritime industry remains an easy target for cybercriminals, and that the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months. The report, which was produ

High energy prices and aggressive interest rate hikes will lead to slow economic growth in western economies which could potentially spread to Asia. High inflation and monetary measures to combat the higher prices will likely impact consume

Majuro, Republic of the Marshall Islands, 17 October 2023.The Registrar of Corporations welcomes the decision by the European Unions (EUs) Economic and Financial Affairs Council (ECOFIN) to remove the Republic of the Marshall Islands (RMI)