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

21/08/2023 | 445 Views

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.
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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

15/08/2023 | 767 Views

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

14/08/2023 | 423 Views

Maersk has announced a rate increase from Pakistan, the Middle East, and the Indian subcontinent to North America, namely the United States and Canada.
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Maersk opens new Atlanta air cargo hub
Maersk opens new Atlanta air cargo hub

12/08/2023 | 453 Views

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.
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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

07/08/2023 | 620 Views

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

07/08/2023 | 432 Views

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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