Industry Sectors:Containers

Containers

The Indonesian government has opened the much awaited tender process for the IDR13.7trn ($1bn) construction of the Patimban Port in Subang, West Java, local media reported.
Chinese giant Cosco Shipping Holdings saw overall volumes rise 23% to 5.49m teu in the third quarter as market conditions improved. For the year-to-date, volume rose 30.4% to 15.49m teu.
Cosco Shipping Holdings is looking to raise up to $1.94bn through a private share issue to fund 20 containership newbuildings.
Singapore terminal operator PSA has set a Guinness World Record for the largest shipping container image.
The 20,170 teu MOL Truth has been registered with Panama, a first for the Registry.
Orient Overseas Container Line (OOCL) saw third quarter total volumes rise 5.0% to 1.60m teu from 1.52m teu in the same  period  last  year, the company said in a stock…
The recovery in the global trade and growth in shipping volume has contributed to stellar results for container maker China International Marine Containers (CIMC), with sales and production more than…
The recovery in the container sector is continuing even among smaller lines, with regional player Samudera Shipping reporting a 2.3% increase in third quarter container volume to 279,000 teu, which…
APL is launching a new Korea – China – Southeast Asia service with Cheng Lie Navigation.
The oversupply of ships, the costs of compliance with the Ballast Water Management Convention, the increasing administrative burden, bunker prices and Brexit add up to challenging times for coastal and…
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