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MSC gets into another vessel-sharing deal with Zim
MSC gets into another vessel-sharing deal with Zim

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MSC has inked its second vessel-sharing agreement (VSA) with Zim in the space of a week, the Israeli carrier becoming a ship provider for the North Europe-Mediterranean Israel Express Service.

YANG MING SETTLES US SHIPPER'S CLAIM THAT CARRIER BROKE ITS CONTRACT
YANG MING SETTLES US SHIPPER'S CLAIM THAT CARRIER BROKE ITS CONTRACT

652 Views

Yang Ming has reached an out of court settlement with a shipper that claimed it was a victim of pandemic-era price manipulation.

 

OOCL VESSEL CATCHES FIRE IN JAPAN
OOCL VESSEL CATCHES FIRE IN JAPAN

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Fire broke out in the engine room of one of Orient Overseas Container Lines’ (OOCL's) ships while it was underway in Japan on 1 October.

MSC’S SECOND-HAND SHIP SHOPPING SPREE CONTINUES DESPITE DECLINING VESSEL VALUES
MSC’S SECOND-HAND SHIP SHOPPING SPREE CONTINUES DESPITE DECLINING VESSEL VALUES

749 Views

Reports this week that MSC has purchased the 2013-built 9,403 teu Joseph Schulte for a price of around $55m confirmed that the top-ranked carrier has not lost its appetite for acquiring second-hand container tonnage.

EVERGREEN THE 'GREENEST' TRANSATLANTIC CARRIER, BUT IS BIGGER STILL BETTER?
EVERGREEN THE 'GREENEST' TRANSATLANTIC CARRIER, BUT IS BIGGER STILL BETTER?

1046 Views

Evergreen has topped the carbon efficiency ranking in the transatlantic trade between North Europe and the US east coast, according to the latest Xeneta ‘naming and faming’ study.

 

CARRIERS FORCED TO IDLE NEW ULCVS AS SOON AS THEY ARE DELIVERED
CARRIERS FORCED TO IDLE NEW ULCVS AS SOON AS THEY ARE DELIVERED

749 Views

Newbuild 24,000 teu ultra-large container vessels are now being idled as soon as they are delivered in Asia, as carriers are obliged to blank more sailings due to weakening demand.


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