Even when seaborne container trade returns to ‘normal’ after the pandemic, supply chain disruption is likely to last for up to six months.
Chinese container carrier China United Lines (CU Lines) is planning an initial public offering (IPO) at Hong Kong Stock Exchange for fleet and network expansion.
Ship recycling facilities in Bangladesh. India, and Pakistan have hiked prices for demo units in recent days despite the Chinese New Year last week and that usual lull that surrounds the celebrations.
Container line schedule reliability slumped to 35.8% in 2021 with the performance of the three main alliances all below this level, according to analysts Sea-Intelligence.
Ocean Network Express (ONE) is offering a new service connecting North China with Singapore and Malaysia.
Strategic Marine has acquired a larger shipbuilding facility in Singapore previously operated by Keppel Singmarine.
China’s port operator, China Merchants Port and the internet service provider, Tencent, jointly set up internet technology company.
Singapore-based ship recycling consultancy, Sea Sentinels, has flagged up potential bottlenecks in the demolition sector.