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.
An escalating number of typhoons and adverse weather events is playing havoc with carrier schedules, leaving a “major challenge” for the industry to recover from the record-low levels in schedule reliability experienced in 2018.
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.