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Ocean carrier ZIM fast-tracks IPO, targets $2 billion valuation

Friday Jan 22nd 2021

“Israeli ocean carrier ZIM Integrated Shipping Services is striking while the iron is hot and moving fast on its initial public offering (IPO). It plans to price its offering and list its stock on the New York Stock Exchange (NYSE) in just a few days — on Jan. 27. The U.S. investor roadshow is now […]

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THE Alliance announces Transatlantic Service Network adjustments for 2021

Friday Jan 22nd 2021

The following release was published by Ocean Network Express (ONE): In addition to the network adjustments published on 22December 2020, the members of THE Alliance will also revise their Transatlantic Network for 2021 to offer customers a more stable network to cater for the growing market demand. The setup of THE Alliance’s network has been […]

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Two thirds of ports have not implemented FAL Convention

Friday Jan 22nd 2021

“A survey by the International Association of Ports and Harbors (IAPH) on the application of the Convention on Facilitation of International Maritime Traffic (the FAL Convention), shows that two thirds of the respondents, mainly from wealthier nations, had still not implemented the electronic data exchange requirements 18 months after its implementation.” See the original story […]

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Taicang Container Lines commissions maiden newbuildings

Friday Jan 22nd 2021

“Chinese domestic liner operator Taicang Container Lines (TCCL) has ordered three 1,091TEU boxships from Tsuneishi Shipbuilding’s shipyard in Zhoushan, China.” See the original story at Container News. Source: Container News (JK)

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