Industry Sectors:Containers

Containers

An APL containership has smashed into a berth at Taiwan’s Kaohsiung port last Friday, due to the vessel suddenly losing power when it was leaving the port.
China Cosco Shipping Corporation Limited (Cosco Shipping) has offered to acquire Orient Overseas (International) Limited (OOIL) at a price of $6.3bn, confirming earlier rumours of the takeover deal that has…
Japan’s big three shipping groups – K Line, MOL and NYK – have officially established Ocean Network Express (ONE), making further progress on the integration of their container shipping businesses.
In more signs of a turnaround in the container shipping industry, Cosco Shipping Holdings has given positive profit alert ahead of its first half results, forecasting a net profit of…
Contship Italia Group’s La Spezia Container Terminal (LSCT) is continuing to make progress on expanding its annual throughput capacity to 2.5m teu, significantly up from the current capacity of 1.4m…
The Cebu International Container Port project has received approval for a soft loan from the South Korean government and is set to be completed by 2020, local reports said.
The extended shares trading suspension of Cosco Shipping Holdings prompting media reports of an imminent acquisition of Orient Overseas Container Line (OOCL) have thus far turned out to be “unsubstantiated…
China’s privately-owned Yangzijiang Shipbuilding has updated that the group has won six shipbuilding contracts worth a total of $133m during the second quarter of this year.
The three Japanese carriers – K Line, MOL and NYK – have updated that it expects to get an approval from the South African authority for the merger of their…
Container carrier APL has introduced a new Aloha Express (AEX) service, directly connecting Central China, South Korea, Japan to Hawaii.
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