South Korean liner operator SM Line Corporation said it had achieved its goal of becoming a specialist trans-Pacific carrier after opening a solo service to the west coast of North America. This adds to its China Pacific Express service, launched in 2017, to connect Long Beach with various east Asian ports.
News ID: 80040 Publish Date : 2018/05/22
Emerging future weather patterns have the potential to affect northern shipping between the Bering Strait and Atlantic Ocean as well as future rainfall in Central America, where the viable operation of the Panama Canal depends on reliable rainfall in a nation that depends heavily on hydroelectric power.
News ID: 78771 Publish Date : 2018/04/05
Japan's Ocean Network Express (ONE) announced the commencement of container shipping businesses on April 1, 2018.
News ID: 78769 Publish Date : 2018/04/04
US trade tariffs and the threat of a trade war are putting pressure container freight rates on the China – North America trade as lines head into all important negotiations for annual contracts.
News ID: 78762 Publish Date : 2018/03/28
As we get ready to turn the page of yet another year, it’s always a good idea to look at the events of the past. With the major milestones and benchmarks of 2017 setting the path and pace for the year to come, we can look at what happened in the container shipping industry to get a better idea of what’s to come. We have split this 2017 in three parts for easier consumption.
News ID: 78028 Publish Date : 2018/01/08
The outlook for the global shipping industry remains negative, according to Fitch Ratings, as the rating agency doesn’t expect a material improvement in market fundamentals in 2018 due to lingering overcapacity.
News ID: 77587 Publish Date : 2017/12/08
Coming off the back of eight years of oversupply balance is yet to be found in the container shipping sector and Seaintel ceo Alan Murphy outlines seven factors that will be needed to bring demand and supply back into balance by 2019 – 2020.
News ID: 77461 Publish Date : 2017/11/29
A fall in container freight rates is being driven by oversupply of vessels rather than a drop in demand according to analyst Crucial Perspectives.
News ID: 77290 Publish Date : 2017/11/17
Global demand for maritime shipping picked up last year, but the pace was still below the historical 3 percent average and continued to lag behind supply, keeping freight rates and earnings low in most segments, a new UNCTAD report says.
News ID: 77028 Publish Date : 2017/10/28
SeaIntel:
Analysts SeaIntel are forecasting “massive” overcapacity on the container trades in the fourth quarter.
News ID: 76715 Publish Date : 2017/10/12
New alliances, structural change and positive economic trends have transformed the container shipping market over the past year, driving growth and pushing business performance figures from deep red into black. However, despite long-term rates that are, in some cases, up 120 percent year on year, the future remains uncertain due to a looming shadow on the horizon, according to market intelligence company Xeneta.
News ID: 76072 Publish Date : 2017/09/05
What could happen in the future that would either completely wipe out the shipping industry as we know it… or massively disrupt it?
News ID: 75821 Publish Date : 2017/08/24
The digitising of processes in container shipping and logistics has been a slow process, but INTTRA president and coo Inna Kuznetsova believes it is now becoming the industry standard over traditional paper methods.
News ID: 75516 Publish Date : 2017/08/11
General Director of Container Shipping Co.:
The container division of IRISL has reached to a stunning number for cargo shipment in the recent months that the like of which could be found in fewer periods. This success has occurred for the national fleet while currently, 17 shipping lines transit to Shahid-Rajaee port, directly, regularly and weekly. At the same time, a large number of shipping lines and NVOCCs transship via Dubai.
News ID: 75469 Publish Date : 2017/08/08
THE large containership segment is heading for a difficult future, with traditional longhaul trades coming increasingly under pressure from regional manufacturing,
according to Danish Ship Finance head of research Christopher Rex
News ID: 74684 Publish Date : 2017/07/01
Drewry Financial Research Services Ltd., the investment research arm of global shipping consultancy Drewry, is pleased to announce the launch of its 2nd Edition special report into the financial health of the global container shipping industry.
News ID: 74454 Publish Date : 2017/06/13
: Alphaliner
The outlook for container shipping may further brighten up with throughput growth anticipated to outpace supply growth for a second consecutive year in 2017, as global port throughput growth has been revised upwards in view of a strong first quarter, according to Alphaliner.
News ID: 74282 Publish Date : 2017/06/02
Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump.
News ID: 74013 Publish Date : 2017/05/20
The car carrier City of Amsterdam collided with the container ship Conmar Bay in the Kiel Canal, Germany, on Saturday at around noon.
News ID: 73585 Publish Date : 2017/04/24
CONTAINER volumes on the Asia-Europe trade fell sharply in February against last year in account of the early Chinese New Year.
News ID: 73342 Publish Date : 2017/04/09