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China Shipping Container Lines (CSCL) is said to be looking to join the P3 alliance, Hong Kong media quoted sources as saying.

China International Marine Containers (CIMC) leasing unit CIMC FL (HK) seems to be well on its way to setting up a cosy arrangement with Mediterranean Shipping Company (MSC) for the sale and leaseback of their series of 8,800 teu container vessels from various yards around China.

The IMO’s Maritime Safety Committee (MSC) has agreed to a restructuring of IMO’s sub-committees, reducing the number from nine to seven.

DP World has opened the extension of its flagship Jebel Ali terminal with the arrival of 14,000 teu boxship MSC La Spezia.

The announcement of the container shipping alliance P3 Network between Maersk Line, CMA CGM and Mediterranean Shipping Co (MSC) is one that could truly warrant the tag of being a “game changer”.

Carriers’ plans to “dump” 8,000teu boxships into Asia-South America routes have “seriously backfired”, says Drewry.

Oslo: Sinoceanic has announced a focus on refinancing for the coming year as it revealed a loss of $6m in the fourth quarter 2012 and a $21.5m loss for the full year 2012.

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