News

Another profitable quarter, but HMM sees 'considerable uncertainties' ahead

"South Korea’s national flagship carrier, HMM, reported a net profit of $2.24bn in the second quarte...

Another Maersk ship sailing for LA loses containers

“A Maersk spokesman told American Shipper that while en route from Xiamen, China, to Los Angeles on...

Another Evergreen’s giant boxship tries its luck through Suez Canal

“Ever Act, the sister vessel of one of the world’s largest containerships Ever Ace owned by Taiwanes...

Another cyber attack challenges CMA CGM

“CMA CGM has suffered another cyber attack in less than one year from the previous security breach,...

Another box ship crew scramble for their lives as containers catch fire

“Fire has swept through several containers aboard the APL Le Havre just days after carriers announced they would impose heavy fines on misdeclared dangerous goods.” To learn more, see the original story at The Loadstar. Source: The Loadstar (JK)

Another blow for Hong Kong, as cross-border trucking comes under pressure again

"Hong Kong faces another reduction in cross-border trucking with mainland China, while port operator...

Announcement by the boards of Maersk Line and Oetker Group

Today, the boards of Maersk Line and the Oetker Group made a joint announcement on the future manage...

ANL Container Line Celebrates Successful Return to Port of Townsville

ANL Container Line representatives will gather with importers, exporters, local government represent...

ANL Charters Boxship from GSL

” Containership charter owner Global Ship Lease (GSL) has inked a new time charter with ANL, a subsi...

Angola opens public tender for terminal operations

“The Government of Angola has launched an international public tender for concession and operations of the Port of Luanda Multipurpose Terminal.” See the original story at Port Technology. Source: Port Technology (JK)

Angola chooses DP World to operate Luanda multipurpose terminal

“Dubai-based port operator DP World has been chosen as the preferred bidder to start discussions wit...

Anger in Europe as state subsidies for South Korean carrier HMM soar

“State-owned Korea Ocean Business Corporation (KOBC) has, reportedly, signed off on some W6.15trn ($...

Anger in Australia as container detention fees climb

“Australia’s ongoing port congestion has left transport operators fuming over mounting container detention charges.” See the original story at The Loadstar. Source: The Loadstar (JK)

Anger as terminal operators impose new customs charge on UK imports

“UK ports have begun charging “customs clearance fees” in what a source claims is an effort to recou...

Andy Tung standing down as co-ceo of OOCL

“https://www.constructionweekonline.com/products-and-services/261266-fujairah-ports-installs-chinas-zpmc-cranes-for-2723m-expansion” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

Analysts: Prepare for pricier container shipping

“Container shipping rates are set to climb amid more balanced growth between cargo demand and vessel...

Analysts warn box lines to withdraw capacity as spot rates sink

"Container spot freight rates took another pummelling this week with a raft of double-digit week-on-...

Analyst: The US-China trade war is ‘sucking the life’ out of trans-Pacific trade

“The U.S.-China trade war is prompting manufacturers to leave China for lower-tariff climes, not least in southeast Asia.” To learn more, see the original story at Freight Waves. Source: Freight Waves (JK)

Analyst: Maersk Line loses key route after Hamburg Süd purchase

“After the Hamburg Süd acquisition, Maersk Line is left without a direct connection to Northern Euro...

Analysis: Yang Ming cash call a positive, but its share price is now a fear gauge

“‘Every little helps’ – this motto perfectly sums up the outcome of Yang Ming’s latest fundraising round.” For more, see the original article on The Loadstar. Source: The Loadstar (LF)

Analysis: Yang Ming and Seaspan both suffering, but is it stress or distress?

“For the investment community at least, Taiwan’s Yang Ming has been sailing under the radar for a co...

Analysis: with OOCL buy, Cosco is growing, but it’s also burning more cash

“China’s state-owned Cosco Shipping Holdings will likely reach record revenues of Rmb90bn ($13.5bn)...

Analysis: when it rains on Maersk, it can pour

“What an unlucky event for the Danish carrier – one it could surely have done without, given the rou...

Analysis: The axe will fall on Ceva as CMA CGM’s cost-cutting exercise gathers speed

“Last week’s headlines pointed to a rationalization in the number of routes that CMA CGM would serve...

Analysis: sailing solo next year could be a voyage to disaster for ZIM

“How troubled is ZIM? I asked my sources, following a second-quarter update that did little to boost...

Analysis: Maersk vs Hapag-Lloyd with D-Day just round the corner

“Reaction in the financial markets said it all when AP Møller-Maersk Group (APMM) and Hapag-Lloyd re...

Analysis: K+N+GFF combination could be a sweet spot for value-hunting investors

“As part of my “who’s next?” series, concerning the possible corporate moves of Kuehne + Nagel (K+N)...

Analysis: K+N, Panalpina & DSV – still street-smart and gutsy?

” Judging by the interims of Kuehne + Nagel, Panalpina and DSV released this month, the biggest lose...

Analysis: just where, and on whom, will APMM’s M&A gaze settle?

” The corporate story of AP Møller-Maersk Group (APMM) is incredibly fascinating. It is worth watchi...

Analysis: has DSV got a new M&A deal up its corporate sleeve?

“It is a race against time for DSV, so I am on M&A high alert, as usual, when the Danish freight for...

Analysis: days of reckoning loom for AP Møller Maersk & Hapag-Lloyd

“The forthcoming financial updates of the major carriers will be pivotal; and with the earnings seas...

Analysis: COSCO and OOCL – a big, well-managed world leader in the making

“COSCO says the OOCL deal will allow it “to grasp the historical opportunities arising from the Belt...

Analysis: CMA CGM trading update steals the limelight from Maersk & Hapag

“France’s CMA CGM stole the thunder of Denmark’s AP Møller-Maersk (APMM) and Germany’s Hapag-Lloyd (...

Analysis: CMA CGM is ‘looking for opportunities’ – Zim or Evergreen?

” Having been recently rejected as a possible merger partner by Germany’s Hapag-Lloyd, CMA CGM is th...

Analysis: an exciting year for container shipping – meltdown or milk and honey?

“What a difference a year can make. Twelve months ago, I was bearish on the container shipping indus...

AN2 Service – Transit Time Improvement

We would like to inform you that Hapag-Lloyd will improve transit times from San Antonio, Chile to B...

An update for our South America East Coast (SEC) service

The following release was published by Hapag-Lloyd:

If you are shipping with our South America Ea...

An Evolving Trend in the Europe – North America Container Trade

“Prior of the development of the Port of Newark to serve neo-Panamax ships, transportation analysts...

An eeSea look at the latest from THE Alliance

Yesterday, THE Alliance announced an enhanced version of their 2018 network to be launched this Apri...

An eeSea access to 2M Alliance 2019 Service Update

2M Alliance member carriers – Maersk Line and Mediterranean Shipping Company (MSC) – hav...

Amsterdam sees transshipment traffic crash amid pandemic

“The Port of Amsterdam has said transshipment traffic in the North Sea Canal region fell by 10% year...

Amsterdam Pilots Sailing Drone for Depth Inspection of Ships

“The Telemetron, a sailing drone that inspects the depth of marginal ships at the locks of IJmuiden, shows that drones can do more than just fly.” To learn more, see the original story at World Maritime News. Source: World Maritime News (JK)

AMSA launches campaign targeting container ships

“The Australian Maritime Safety Authority (AMSA) is launching a focused inspection campaign targeting cargo securing arrangements on container ships visiting Australian ports.” See the original story at Mirage. Source: Mirage (JK)

AMPT Barcelona guarantees security of goods handled with new certificate

“APM Terminals Barcelona has obtained the Authorized Economic Operator (OEA) certificate for customs procedures which guarantees the security of goods handled.” See the original story at Port Technology. Source: Port Technology (JK)

Ammonia-Fuelled 23,000 TEU Boxship Design Gets AIP

“UK-based Lloyd’s Register (LR) has granted Approval in Principle to Dalian Shipbuilding Industry Co...

Ammonia powered mega-boxship five years away

“An ammonia powered ultra-large container ship will be commercially available by 2025 says classific...

Ammonia power plant receives greenlight for Jurong Port

"Jurong Port, Mitsubishi Heavy Industries Asia Pacific (MHI-AP) and JERA Asia have concluded a deal...

Americas Service (USW) – Port of Charleston Omission

**We would like to inform you that because of the serious effects of Hurricane Matthew, the port of...

Americas Service (USW) – JPO CAPRICORNUS – Port Everglades Omission

We would like to inform you that due to Hurricane Matthew, Port Everglades port is currently closed...

Amended Colombo Port City Project Given the Go Ahead

**The Sri Lankan Government has given the green light for the Colombo Port City Project, having amen...

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