Maersk Line faces stiff competition in its bid to acquire DB Schenker as the carrier appoints investment bankers to advise on an offer for one of the forwarding giants, in a deal that the Danish carrier says could alter the logistics landscape.
Hede (Hong Kong) International Shipping is set to be a new entrant to the Transpacific trade launching a service connecting Shanghai to Los Angeles from late March.
As companies look to secure and diversify supply chains through nearshoring there is not another one-stop-shop alternative to China.
The Panama Canal Authority (ACP) is easing transit restrictions adding three daily book slots later in March as water levels improve.
Ocea Network Express (ONE) has opened a new headquarters for its West Asia region in Dubai and appointed a regional director.
Increasing attacks on commercial shipping navigating the Red Sea and Gulf of Aden have virtually tripled the EU Emissions Trading System (EU ETS) costs as most vessels have opted to divert around the Cape of Good Hope.
Fabrication work has started on the world’s first containership methanol dual-fuel retrofit for Maersk at Zhoushan Xinya Shipyard.
Catch up on the top 10 stories that appeared on Seatrade Maritime News over the past week.
