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A new shipping company is starting operations and is going to enter Russia trade, according to DynaLiners report. CStar Line has been established in Dubai by undisclosed owners and will be headed by Z
08/16
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Taiwanese ocean carrier Yang Ming announced revenue of US$1.15 billion and reported net loss of US$4.27 million in the second quarter of the year. However, the company achieved a profit of US$107.04 m
08/15
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Spot rates for containerised ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs) from carriers. The news, revealed by
08/11
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Port Houston announced the completion of Wharf 6 of its Bayport Container Terminal Expansion Project on 4 August. Many federal, state, and local officials, partners, stakeholders, and customers a
08/10
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Container lines appear to have regained some bargaining power to lift freight rates on the India-US trade lane after managing partial recovery from recent general rate increase (GRI) attempts. Me
08/07
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Celebrations are over for liner operators that transferred ships to the Transatlantic lane after Asia-Europe and Transpacific rates began tanking, according to Alphaliner's report today (2 August)
08/03
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COSCO SHIPPING Development successfully launched a 700 TEU electric container vessel (N997) on 26 July at No.1 Shipyard of COSCO SHIPPING Heavy Industry in Yangzhou, China. According
08/02
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Harim Group has thrown its hat into the ring to take over South Korea's flagship carrier HMM. The South Korean poultry business is the parent of Pan Ocean, the country's largest dry bulk
07/27