Shipping Lines

Container cargo rollovers at the world’s top 20 ports in jumped 75% in December 2020 compared to the previous month as lines struggle with a huge surge in volumes and equipment shortages, according to analysts Ocean Insights.

Hapag-Lloyd has announced it is adding additional services to ease the build-up of containers in India and also to improve the challenging situation at the port of Colombo which is heavily congested.

Container line Ocean Network Express (ONE) is starting two new services between North Europe and the Eastern Med and Turkey.

Wan Hai Lines is to launch a new express weekly service between East mainland China -Taiwan and Ho Chi Minh City, Vietnam on 12 January.

Hapag-Lloyd has placed a $1bn order for six, LNG dual-fuel, 23,500 teu containerships at Daewoo Shipbuilding & Marine Engineering (DSME).

Ocean Network Express (ONE) has inked a Letter of Intent with Shoei Kisen Kaisha for the long-term charter of six newbuildings of over 24,000 teu to be built at Japanese yards.

If there was an award for the most unexpected turnaround in shipping in 2020 it would surely go to the container shipping sector.