The Danish shipping giant Maersk Line is having trouble loading up its new Triple-E mega container ships to [...]
The G6 Alliance has received the go-ahead from the US Federal Maritime Commission (FMC) to expand its current geographic scope to allow its members: APL, Hapag Lloyd, Hyundai Merchant Marine, MOL, NYK, and OOCL, operational cooperation in the trades between the Far East and the US West Coast, and between North Europe and all US [...]
The president of China, Xi Jinping, bore witness to the signing of a memorandum of understanding (MOU) on container terminals between AP Moller-Maersk and China Shipping (Group) in Brussels.
The MOU relates to the container terminal arms of both groups, APM Terminals and China Shipping Terminals, and enables collaboration on projects as joint venture partners. [...]
Plans for three of the world’s largest container shipping firms to form an alliance to share vessels on routes between Europe, Asia and America have lead to concerns that shipping costs for recyclable waste could increase.
The P3 Alliance has been criticized by the Global Shippers Forum – the trade body for the international shipping [...]
Maersk-Rickmers U.S. Flag Project Carrier, the joint venture between Maersk Line, (MLL) Limited and Rickmers-Linie (Americas), has been terminated.
The companies have revealed this information on the Maersk-Rickmer’s website with no further details about the reason of breaking-up, except that it was a mutual decision.
The joint venture was established in September 2011 in order [...]
The US Federal Maritime Commission (FMC) has cleared the proposal for the P3 alliance, formed by Denmark’s Maersk Line, the Switzerland-based Mediterranean Shipping Company MSC and France’s CMA CGM. The FMC ruling takes effect on Monday 24 March and will apply to trades between the USA and Asia, North Europe and the Mediterranean, FMC said [...]
Loss-making Hanjin Shipping has announced that it will merge its business with the shipping and brand management businesses of its parent company Hanjin Shipping Holdings.
Hanjin Shipping Holdings is spinning off its shipping and brand management businesses and allowing Hanjin Shipping to merge with these businesses for a newly established entity. Meanwhile, the remaining businesses [...]
Global shipping firms must prepare for another tough year as a glut in global capacity will continue to weigh on profits and margins, the chairman of China’s biggest shipping group, China Ocean Shipping Group Co. (COSCO) said.
“The industry turnaround will still take a long time,” Ma Zehua told Reuters in an interview recently. “There [...]
Excerpts from The Oregonian:
The Port of Portland’s Terminal 6 shut down again Wednesday, this time after a verbal altercation between container-yard employees and longshore workers.
“Today ICTSI and Port supervisors threatened top loader drivers with physical violence, showing once again that ICTSI and the Port are working in collusion against union members,” said ILWU [...]
DP World London Gateway has a weekly call by the Southern Africa Europe Container service operated by MOL, Maersk, Safmarine and DAL.
Starting in May, Hamburg-Sud and Hapag-Lloyd will operate the South America East Coast service, a South America West Coast, Caribbean, Australia and New Zealand service and a North America West Coast, India, Pakistan [...]
Evergreen Line and the four members of the CKYH Alliance have agreed in principle to form a new alliance that will share ships on trades between Asia and North Europe and the Mediterranean.
The CKYHE alliance will comprise Cosco, “K” Line, Yang Ming, Hanjin and Evergeen. It plans to begin operations in mid-April with six [...]
South Korean shipbuilder Hyundai Heavy Industries said on Monday it had started construction on a Chinese order for the world’s largest container ships.
China Shipping Container Lines (CSCL) awarded the contract for the five vessels, each with a capacity of 18,400 TEU (20-foot equivalent unit) container boxes , to Hyundai in May. The size [...]
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