Global sulfur cap among Asian shipowners’ biggest worries
Fair competition, anti-trust immunity, and the global sulfur cap are some of the most pressing concerns of Asian shipowners for this year, according to…
Hapag-Lloyd, UASC merger delayed, no impact on THE Alliance
German box carrier Hapag-Lloyd announced that its merger with United Arab Shipping Company (UASC) will be postponed by two months, but assured that the…
THE Alliance announces starting dates for Europe-Asia trade services
The shipping consortium THE Alliance has disclosed the starting dates of its new Europe-Asia shipping service, which will be launched next month. Under the…
As the shipping environment appears to grow more conducive, negotiated contract rates for the China-North Europe corridor for mid-June 2017 have gone up by…
German container liner Hapag-Lloyd announced some changes to its services between Asia and the West Coast of Latin America effective March 25, 2017 following…
OOCL dives to deep loss in 2016, pins hopes on Ocean Alliance
Orient Overseas (International) Limited (OOIL), the Hong Kong-listed parent of container line OOCL, announced a loss for 2016 of US$219.2 million compared to a…
Starting dates for THE Alliance transpac sailings released
THE Alliance has given further details about the starting dates of its new trans-Pacific network service, called Pacific Ship Systems, as its members prepare…
MCC Transport, the intra-Asia arm of Danish shipping giant A.P. Moller-Maersk, still sees the Philippines as a potential transshipment hub in Asia, but notes…
Over half of BIMP-EAGA infra projects located in PH
The Philippines will undertake 52.7% of the US$23 billion worth of priority infrastructure projects detailed in the eight-year master plan on strengthening connectivity within…
THE Alliance finalizes 32 routes, reveals ‘unique’ contingency plan
As it prepares to launch operations in April 2017, THE Alliance announced its final network service offering, which comes with an unprecedented contingency mechanism…
Maersk, IBM unveil new solution to digitize the global supply chain
American technology company International Business Machines Corporation (IBM) and Danish box liner Maersk have announced a new collaboration to build a global trade digitization…
Batangas Container Terminal (BCT) ended 2016 with volume soaring to nearly 160,000 twenty-foot equivalent units (TEUs), its highest since starting commercial operations in 2010.…
Growth in intra-Asian box trade accelerated notably in 2016, helping to improve demand levels in the boxship sector. In a new analysis, Clarksons Research…
Japanese shipping conglomerate Mitsui O.S.K. Lines (MOL) announced an organizational restructuring effective April 1, 2017, including creating a new business unit to take charge…
