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KMTC CONTAINER SHIP SUFFERS FIRE OFF MALAYSIA
KMTC CONTAINER SHIP SUFFERS FIRE OFF MALAYSIA

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The 2,778 TEU container ship KMTC Shenzhen experienced a fire off Port Klang in Malaysia on 12 August, according to the UK insurance company WK Webster.

Cloud hangs over China's CULines as it axes final long-haul route
Cloud hangs over China's CULines as it axes final long-haul route

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The future of China United Lines (CULines) is uncertain after its dreams of building a deepsea shipping portfolio have been shattered with the axing of its Asia-Mediterranean services.

MAERSK INCREASES RATES FROM ASIA TO NORTH AMERICA
MAERSK INCREASES RATES FROM ASIA TO NORTH AMERICA

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Maersk has announced a rate increase from Pakistan, the Middle East, and the Indian subcontinent to North America, namely the United States and Canada.

Maersk opens new Atlanta air cargo hub
Maersk opens new Atlanta air cargo hub

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A.P. Moller - Maersk has inaugurated a new 11,450 m² (123,000 ft²) air freight gateway near Atlanta Hartsfield Jackson International Airport (ATL) in Georgia, US.

WITH 122 NEW SHIPS ON THE WAY, CMA CGM HAS MAERSK IN ITS SIGHTS
WITH 122 NEW SHIPS ON THE WAY, CMA CGM HAS MAERSK IN ITS SIGHTS

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With its huge orderbook of 122 ships, for a capacity of 1.24m teu, CMA CGM is on course to overtake Maersk as the second-biggest container line in the world.

 

COMING 'EXPLOSION' OF NEW TONNAGE THREATENS BOX SHIP CHARTER MARKET
COMING 'EXPLOSION' OF NEW TONNAGE THREATENS BOX SHIP CHARTER MARKET

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Until recently the mid-size and large containership charter market has been relatively sheltered from the downturn in liner shipping, but a maritime consultancy says it believes a “material decline in charter rates is on the cards”.

 


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