Rickmers Maritime auditors warn of another $360m of impairments against the value of its fleet if it liquidates as the Singapore shipping trust fights for survival.
Cosco Shipping Ports started the year on a good note with overall throughput rising 7% in January to 8.38m teu from 7.83m teu in the previous corresponding period.
Container carrier Yang Ming Marine Transport Corp will upgrade its Taiwan-Philippines Express (TPE) by adding a 2,800-teu boxship, ER Martinique, effective 21 February.
CMA CGM has joined Maersk Line in teaming up with Chinese e-commerce giant Alibaba to provide online booking for shipments.
Malaysian domestic line PDZ Holdings has revealed that it owes approximately $851,971.79 in bunker bills to fuel suppliers related to its feeder boxship PDZ Mewah, which has been impounded last…
New Korean container line SM Line is set to launch only one of its planned two transpacific services.
Containerised cargo moved by Panamanian ports fell 9.1% in 2016, the first time such a decrease has been recorded since the 2008 – 2009 economic crisis.
US East Coast ports have been investing heavily to serve containerships of up to 14,000 teu with the expansion of the Panama Canal that opened in late June last year…