Maersk Line is diverting one of its transatlantic services with MSC and its COEX service to the Port of Liverpool for 12 weeks from Felixstowe which has been hit by delays over the last month since installing a new IT system.
The Port of Felixstowe is continuing to experience operational delays due to a new terminal operating system installed nearly a month ago, however, says productivity is now 80% of the levels prior to the new system going live.
Last week marked what was essentially the beginning of the end of the latest round of container shipping consolidation. Ocean Network Express (ONE) held its official launch reception in Singapore on Thursday, and day later all the conditions being meet for Cosco Shipping's acquisition of Orient Overseas International Ltd (OOIL), owners of Orient Overseas Container Line (OOCL).
Maersk Line and MSC under the 2M alliance have suspended one of their joint transpacific services as the trade faces falling rates and the impact of a trade war between the US and China.
Maersk Line and CMA CGM have joined Mediterranean Shipping Co (MSC) in announcing an emergency bunker surcharge to combat the impact of soaring bunker prices.
As the Maersk Honam finally berths nearly two months after a serious fire on board the vessel Meditterranean Shipping Co (MSC) is charging its customers extra if they want their cargo to reach the final destination.
As container lines struggle with rising fuel prices Mediterranean Shipping Co (MSC) has announced a temporary emergency bunker surcharge.
The US has indicated that new business activity with Iran after 8 May within the wind-down period could be result penalties under secondary sanctions, and a number of major shipping companies including MSC and Maersk Tankers have stopped taking new Iran business.
The world’s second largest container line Mediterranean Shipping Co (MSC) is to invest close $1.1bn in Khalifa Port in the UAE.