Alphaliner: Panama Canal Reclaims USEC Container Volume Lead
**The Panama Canal this month regained the majority share in terms of overall container transport ca...
Corruption scandal threatens APM Terminals’ concession in Guatemala
**APM Terminals risks losing a prime 25-year concession at a port in Guatemala as a major bribery sc...
HMM joins Maersk and MSC in 2M
Hyundai Merchant Marine (HMM) has signed on to join the 2M alliance from April next year. HMM will j...
HMM signs MOU to join 2M Alliance
Following agreements with bond-holders to adjust debt and shipowners to adjust charter-hire, Hyundai...
Ports America Said to Explore Sale Valuing Company at $1 Billion
(Bloomberg) — Ports America, the closely held maritime-terminal operator, is exploring a sale, peopl...
CMA CGM announces close of voluntary general offer for NOL and intends to commence compulsory acquisition process
Marseille (France), July 18, 2016 – CMA CGM S.A. (CMA CGM) today announces that its all-cash vol...
The ‘new Hapag-Lloyd’ unveiled in merger agreement with UASC
Hapag-Lloyd and United Arab Shipping Company (UASC) have officially signed the agreement that will s...
Hapag-Lloyd issues profit warning as it inks UASC merger deal
Hapag-Lloyd has issued a profit warning for 2016 on the same day it inked its merger deal with Unite...
Hapag-Lloyd and UASC sign Business Combination Agreement
**Combined company will rank among the world´s five largest liner shipping companies and will operat...
Infographic: World’s Container Shipping Alliances
**The infographic below, published by Oslo-based benchmarking and market intelligence platform for c...
Hyundai Merchant Marine Could Get First Foreign CEO
**South Korean shipping company Hyundai Merchant Marine (HMM) might get its first foreign Chief Exec...
Ocean Alliance contemplates deployment of up to 18,000-TEU ships
**“The vessel sharing alliance, which expects to launch in April 2017, is contemplating initially de...
Evergreen joins Asia-USEC RTW loop
**Taiwan-based ocean carrier Evergreen Line has begun purchasing slots on CMA CGM’s PEX3 service, wh...
Iran and Belgium port authorities ink collaboration agreement
Iran’s Shahid Rajaee Port Authority, which controls Bandar Abbas port, and Belgium’s Antwerp Port Au...
Maersk Line Plots New Asia-US East Coast Course via Panama Canal
**World’s biggest container carrier Maersk Line is rerouting its TP12 Asia – US East Coast service t...
Samsung Electronics to Increase Stake in Samsung Heavy Industries
**Samsung Electronics intends to buy more shares of the financially struggling affiliate Samsung Hea...
Maersk Line, Ltd. reveals leadership change
**“William E. (Bill) Woodhour became president of Maersk Line, Ltd. (MLL) July 1 and will eventually...
Yang Ming continues hunt for new president
Taiwanese shipping line Yang Ming Marine Transport, continues its hunt for a new president after the...
Korean Air arrives with Hanjin Shipping rescue package
In what is likely to be another crucial week for the survival of Hanjin Shipping, reports are emergi...
Beijing tells shipping lines to streamline further or be liquidated
**China’s state-run shipping scene, already massively different from 18 months ago, could be set for...
Deadline for Colombo concession extended
**The Sri Lanka Ports Authority (SLPA) has extended the deadline for expressions of interest in the...
Joint Caribbean Service (JCS) – Service Change
**We are pleased to inform you that starting with MV CMA CGM Columbia (voyage 229PPE) in Chiwan Augu...
Hyundai Heavy Posts Biggest Profit in 3 Years on Cutting Costs
(Bloomberg) — Hyundai Heavy Industries Co. reported its biggest quarterly profit in three years as t...
DP World signs MOU with Taiwan International Ports Corporation
**MOU to explore growth opportunities in Taiwan’s port infrastructure to enhance the country’s trade...
Seaspan stands firm on not cutting Hanjin charter rates
Seaspan Corp chief Gerry Wang says it will “not entertain” a cut in charter rates for struggling Sou...
Alphaliner: Another Service Cut from Far East – North America Trade
**This year’s weak market conditions in the Far East – North America transpacific trade have claimed...
NYK, MOL and K Line all revise downwards full year forecasts
Japan’s so called Big Three shipping lines have all revised downwards their full year forecasts toda...
DP World wins long-term concession at Port Saint John
**“The Dubai-based port terminal operator signed a 30-year lease with Port Saint John on the East Co...
APMT agrees to pay compensation for Quetzal concession
**APM Terminals (APMT) has agreed to pay US$43m in compensation to the Guatemalan government after t...
Panama Canal Authority: 55 Vessels Through New Locks in First Month
In its first month of operation, the Panama Canal’s new neopanamax locks recorded a total of 55 vess...
Hyundai Merchant Marine shares take record dive
Just as Hyundai Merchant Marine (HMM) might have thought it had weathered the worst of the financial...
Port of Salalah spearheads growth at Oman terminals
If the recent call of MSC Zoe is any indication, the 27.6% increase in container volumes recorded by...
Ron Widdows tipped to take top job at HMM
[ Ltd Announces 2016 Interim Results
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Coscocs inks $18bn financing deal with China Exim Bank
[, has joined Frenc...
MMC consolidating port holdings, to buy 49% of Penang Port from majority shareholder
Malaysian infrastructure conglomerate MMC Corp Bhd is buying a 49% stake in Penang Port from its maj...
New multipurpose terminal opens in Singapore
Combi Terminal, a new facility for multipurpose vessels carrying a combination of containers and gen...
Seoul rules out rescuing Hanjin Shipping
South Korea’s lead financial regulator said today that Hanjin Shipping will receive no financial aid...
More Cosco rebrands as restructuring nears completion
China Cosco Holdings, one of the flagship-listed entities of China Cosco Shipping Corporation (Cosco...
Yilport secures US$750m concession for Ecuador’s Puerto Bolívar
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CMA CGM to upgrade its FAL 1 service
Two ports removed from CMA CGM’s FAL1
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Hapag-Lloyd: Disappointing rate development affects results in first half of 2016
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CMA CGM to upgrade its EURAF 1 service
CMA CGM Group is pleased to announce the new rotation of its own service EURAF 1 by adding a new por...
JAXPORT’s Berth 35 undergoes upgrades
**“A project at the South Atlantic port’s Blount Island Marine Terminal on Berth 35 to install a hig...
Algeciras to build third box terminal
**In Spain, Algeciras Bay Port Authority has issued a tender for the construction and operation of i...
Maersk Line aborts feeder services at 10 Chinese ports
**Maersk Line has confirmed a move to abort feeder services to and from 10 Chinese ports as part of...
Maersk Interim Report Q2 2016
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