Close to nine months after the inauguration of the expanded Panama Canal the 1,000th neo-panamax vessel has transited the waterway.
Maersk Line, Mediterranean Shipping Co (MSC) and Hyundai Merchant Marine (HMM) have penned a strategic cooperation on East-West trades that will include a series of slot exchanges and slot purchases.
Eleven international major carriers have complied with Chinese authorities’ request to lower terminal handling charges so as to reflect the present market conditions, and potentially allow the import and export enterprises to save around RMB3.5bn ($508m).
Bankrupt Hanjin Shipping is selling its 54% stake in a Long Beach container terminal to the world’s second largest container line MSC.
An MSC very-large boxship hit a fishing vessel between Peru and Ecuador leaving five dead and six missing.
By anyone’s standards 2016 has been a dramatic year for container shipping.
Hyundai Merchant Marine (HMM) has settled for slot exchanges agreements with Maersk Line and MSC rather than the full membership of 2M it had be bargaining for.
MSC has formally declared its “zero tolerance” to the carriage of counterfeit goods by maritime transport.
Walking around the historic old town of Fremantle in Western Australia there is one rather strikingly different new building - MSC’s recently opened AUD14.5m ($10.8m) new office.