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MSC WANTS HAMBURG AS ‘GLOBAL HUB’ AND BIDS FOR 49.9% OF PORT OPERATOR
MSC WANTS HAMBURG AS ‘GLOBAL HUB’ AND BIDS FOR 49.9% OF PORT OPERATOR

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MSC said today it intends to make Hamburg the “central hub” of its global network, and is committed to raising its annual throughput at the German port to one million teu.  
China’s StarOcean sells box ship newbuilds as Russian players seek tonnage
China’s StarOcean sells box ship newbuilds as Russian players seek tonnage

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Chinese feeder operator StarOcean Marine, which ordered 26 newbuildings during the Covid-fuelled boom years, has sold all but five of them.
China Railways launches new 50ft container designed for express rail services
China Railways launches new 50ft container designed for express rail services

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China Railway Group has debuted its newly designed 50ft containers, intended for use on the country’s emerging express rail network that is part of its domestic intermodal services.
LITTLE HOPE OF 2024 UPTURN IN BOX SHIPPING TRADES, SAYS YANG MING
LITTLE HOPE OF 2024 UPTURN IN BOX SHIPPING TRADES, SAYS YANG MING

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Yang Ming’s chief executive Peter Su said in a press conference yesterday that the third quarter peak season this year was “disappointing” and the carrier has no expectations that 2024 will be any better.  
HAPAG-LLOYD LEADS A RATES FIGHTBACK WITH FAK HIKE ON ASIA-N EUROPE
HAPAG-LLOYD LEADS A RATES FIGHTBACK WITH FAK HIKE ON ASIA-N EUROPE

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Hapag-Lloyd is taking the lead in a rate restoration fightback for Asia-Europe services with a huge FAK tariff hike on cargo transported on or after 1 November.  
Taiwan port authority warns insurer Hydor over Angel sinking
Taiwan port authority warns insurer Hydor over Angel sinking

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Taiwan’s Maritime Port Bureau has warned Norwegian marine insurer Hydor that it could be blacklisted, alleging that the latter has failed to help facilitate the clean-up resulting from the sinking of container ship Angel on 21 July.

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