News

Report: HMM withdraws bid for TTI

![[cranes at work on a container vessel at port]](https://app.eesea.com/news/wp-content/uploads/apl-...

SCFI inches up 3.4%

**“The Shanghai Containerized Freight Index increased 3.4 percent since last Friday to a reading of...

Shipping Industry Slams European Parliament Proposal to Impose Regional Emissions Trading System

**The International Chamber of Shipping (ICS), a global trade association for shipowners, says that...

Danaos records $8.4m loss in Q3

**“The Athens-based containership owner and chartering company’s earnings were hindered by Hanjin fi...

ICTSI and DP World in the mix for Thessaloniki

**Greek authorities are willing to sell off a greater chunk of the nation’s second largest port than...

Koreans rally to help yards

Korea, Inc has rallied to club together to save the nation’s hard-pressed maritime sector. At a...

China Cosco Shipping Pools Shipbuilding Assets

[![[officials announce CSHI at an opening ceremony]](https://app.eesea.com/news/wp-content/uploads/c...

Sri Lanka may cancel Colombo container terminal PPP: report

**Sri Lanka may cancel the process to seek a private partner to build a container terminal at Colomb...

King Abdullah Economic City, December 2016

**The infrastructure works for Berth 5 and Berth 6 are about to be finished in a few weeks, King Abd...

PIL makes rare boxship order

Containership orders have been almost non-existent through 2016. Nevertheless, with less than a fort...

COSCO, HPH enter terminal deal in Hong Kong

“The companies have entered into a collaboration for the co-management and operation of 16 berths across Terminals 4, 6, 7, 8 and 9 in Hong Kong.” For more details, please see the original article at American Shipper. Source: American Shipper (LF)

Seaspan Corporation Buys Four Hanjin Panamaxes

**Hong Kong-based Seaspan Corporation has purchased four Panamax containerships from the bankrupt So...

Report: HMM Still In Race for Long Beach Terminal

[![[HMM vessel]](https://app.eesea.com/news/wp-content/uploads/HMM_Dream-68y9wssewhcdt5jy8vodm667d0a...

Port of LA Step Closer to a Zero-Emission Goal

[![[containerships at Port of LA]](https://app.eesea.com/news/wp-content/uploads/port-of-los-angeles...

Hutchison Ports to Develop Container Terminal in Ukraine

[![[officials sign an MOU]](https://app.eesea.com/news/wp-content/uploads/hutchison-ports-to-develop...

NWSA Posts Strongest November Container Volumes in 5 Years

[![[Port of Seattle]](https://app.eesea.com/news/wp-content/uploads/15194449_673721332790538_8408811...

ZIM Announces Upgraded Lines Structure

Newly designed network provides wide reach and optimized solutions
In order to improve its ser...

HMM reports profit in Q3

**“The South Korean liner carrier, which reported a profit of 297 billion South Korean won on revenu...

Spotted: First 10,500 TEU Vessel Transits Panama Canal

[![[Valparaiso Express transits the Panama Canal]](https://app.eesea.com/news/wp-content/uploads/c0h...

GPA’s Box Volumes up in November

[![[vessels at Garden City Terminal]](https://app.eesea.com/news/wp-content/uploads/gpagardencityter...

K Line Strengthens Its China Vietnam Indonesia Service

**Japanese shipping company Kawasaki Kisen Kaisha (K Line) has unveiled plans to launch a new contai...

Hanjin to Sell Stake in U.S. Terminal to Mediterranean Shipping

[![[Hanjin containers in a stack]](https://app.eesea.com/news/wp-content/uploads/hanjin-1-1-300x179....

Cabotage calls return as Santos terminal recovers volume

**The return of coastal services to the Embraport terminal in the port of Santos gives a much-needed...

CMA CGM signs a partnership with the OGEU Group for the distribution of all its brands and invests in Beaupré water spring

[Beaupre bottle](https://ap...

CMA CGM PANAMA DIRECT (PAD) service to add a direct call at Brisbane

**CMA CGM is happy to inform its customers that Brisbane, Australia, will be added to the rotation o...

HMM reshuffles consortium in the Far East and East Coast South America

**HMM will reshuffle its consortium with a number of shipping lines with regard to the Far East and...

HMM boss outlines 2017 newbuild orders

**[![[HMM vessel]](https://app.eesea.com/news/wp-content/uploads/HMM_Dream-68y9wssewhcdt5jy8vodm667d...

Hazira Port gets ready to grab cargo from India’s top gateway

**As Jawaharlal Nehru Port Trust nears completion of work to open its fourth container terminal, whi...

Global terminal operators, Rotterdam seek cooperation to deal with carriers

WASHINGTON — **Five of the world’s largest terminal operators and the largest port in Europe are see...

Ship Finance Adds First 19,200 TEU Boxship

[[MSC Anna]](...

Matson Adds New Link to Okinawa

[[Matson vessel at sea]](http...

Port of NY/NJ reports prosperous November

**“However, despite the port experiencing its best November ever in terms of containers handled, its...

CMA CGM to upgrade its offer between the United States and Asia by adding a new call in New Orleans on its PEX3 service

**CMA CGM, a leading worldwide shipping group, is pleased to announce that a new call in New Orleans...

The largest port relocation project in history

**In 2016 MSC PSA European Terminal (MPET) in Antwerp, formerly known as the MSC Home Terminal, has...

MSC’s Offer Gets Green Light from Long Beach

[[MSC vessel at Long Beach]](https...

WAN HAI Lines to join TBS Service with “K” Line

**Wan Hai Lines will expand further on its already extensive south-east Asia network by joining Thai...

Iran, Kazakhstan Deal for Shipping JV

**The chief executive officers of Islamic Republic of Iran Shipping Line (IRISL) and Kazakhstan’s KT...

Spot container rates close out strong in 2016

**“Although the Shanghai Containerized Freight Index has remained stagnant over the past several wee...

Incheon Port Reaches 2.5 Million TEU Milestone

**Container cargo volumes at South Korea’s Incheon Port exceeded 2.5 million TEUs for the first time...

Berbera port ready for Ethiopian container traffic in 16 months: Somaliland FM

The Republic of Somaliland has said that it will open the old port of Berbera, which is currently un...

Three new STS quay cranes arrive at Khalifa Port

**Abu Dhabi Terminals (ADT), the manager and operator of Khalifa Port Container Terminal (KPCT), has...

Stockholm’s Frihamnen Terminal Sets New Container Record

[![[Stockholm]](https://app.eesea.com/news/wp-content/uploads/stockholms-hamnar-1024x669-300x196.jpg...

HPH Trust Units to Buy Majority Stake in Huizhou Terminals

**Container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached an agreement t...

Hanjin Shipping tells bankruptcy court its US assets are far less than its liabilities

**Failed South Korean giant Hanjin Shipping told a New Jersey bankruptcy court on Tuesday that its l...

ZIM quits Transpacific Stabilization Agreement

**Israeli shipping line ZIM will quit the Transpacific Stabilization Agreement (TSA), a discussion a...

FSC denies mergers between shipbuilders

**Financial Services Commission (FSC) Chairman Yim Jong-yong affirmed there will be no mergers betwe...

Report: Fincantieri Sole Bidder for STX France

**Italian shipbuilding and ship designing company Fincantieri has emerged as the only bidder for Sai...

Port of Antwerp Reports Record Freight Volumes in 2016

[[Antwerp]](https://ap...

DP World Ups Stake in Pusan Newport Company

[![[Busan]](https://app.eesea.com/news/wp-content/uploads/dp-world-ups-stake-in-pusan-newport-compan...

DSME to help Iran shipbuilding industry

**“The South Korean shipbuilder signed a deal with Iran’s Industrial Development and Renovation Orga...