Orient Overseas Container Line (OOCL) will introduce two new Asia to South America East Coast and the Caribbean direct services beginning in June 2019.
Samudera Shipping Line has forecast a difficult year ahead for the global container shipping sector, as the shipowner has started the year on a poor note with a net loss in the first quarter.
Cosco Shipping Holdings has turned in strong first quarter results aided by a recovering international container shipping market with higher freight years especially on the transpacific and Asia-Europe routes.
South Korean carrier Hyundai Merchant Marine (HMM) announced that it will expand its cooperation with Russia’s Fesco on an existing service between China, Korea and Russia.
Four major lines – AP Moller-Maersk, Hapag-Lloyd, MSC and ONE – have jointly established Digital Container Shipping Association (DCSA) to drive standardisation, digitalisation and interoperability in the industry.
The Southeast Asia region is poised for strong economic growth over the next few decades and container shipping can expect to benefit from increased volume demand, according to SS Teo, managing director of Pacific International Lines (PIL).
APL has announced that it is providing free shipping to The Ocean Cleanup, a non-government and non-profit organisation working to develop advanced technologies to rid the world’s oceans of plastic.
AP Moller-Maersk has signed a volume commitment extension agreement for 2019 with Emirates Global Aluminium (EGA) to ship EGA’s aluminium globally.