K Line is taking a JPY50bn ($448m) hit on the cancellation of charter contracts for bulkers and containerships.
The fire-hit Yantian Express containership has arrived at Port of Freeport, Bahamas and berthed on 4 February, going through fire inspection and decontamination.
Hutchison Ports in Thailand is gearing up to handling larger vessels on the mainline east – west trades as it officially starts operations at its $600m Terminal D in Laem Chabang.
General Average has been declared on the Hapag-Lloyd containership Yantian Express which suffered a container fire on 3 January.
Three tugs are now attending to the stricken Hapag-Lloyd containership Yantian Express which suffered a cargo fire on 3 January in the Atlantic.
Ocean Network Express (ONE) is forming a joint venture with PSA in Singapore for a 4m teu capacity container terminal.
The Ocean Network Express vessel ONE Columba has become the largest ever container vessel to call in Thailand.