Box lines reduce Asia-Europe rates ahead of alliance restructure
LINER operators are discounting Asia-Europe freight rates for the first two weeks of January, as they fight for market share ahead of the reshuffling of…
Continuing ‘unusually strong’ streak in US box imports
US container ports recorded their fourteenth consecutive month of growth in November, with inbound volumes surging 13.1 per cent year on year across the nation’s…
MSC wrapped up 2024 with year-end container ship demolition deal
GENEVA, Switzerland-headquartered Mediterranean Shipping Company (MSC) is finishing off the year by purging yet another of its older feeder container ships from its fleet, reports…
Maersk newbuildings to be equipped with Smart Air Compressors
CHINA’s Yangzijiang Shipbuilding Group has awarded a contract to Oslo-headquartered TMC Compressors to deliver its Smart Air compressors to six mid-sized dual-fuel methanol container ships…
Container volume at Incheon port surpasses 3.5m TEU in 2024
THE Incheon Port Authority (IPA) announced on December 30, 2024, that the container throughput at Incheon Port had surpassed the annual target of 3.5 million…
Grimaldi takes delivery of new multipurpose ship
WITH the recent delivery of the Great Cotonou at the Hyundai Mipo Dockyard Co Ltd shipyard in Ulsan, South Korea, the Grimaldi Group has completed…