The administrator of the Panama Canal Jorge L. Quijano has defended its pricing structure as “fair”, and said the decision by Maersk Line to switch its Asia – US East Coast services to transiting the Suez Canal would hurt shippers.
Shanghai: Cosco Shipping (Coscol), an arm of China's state shipping conglomerate China Ocean Shipping, revealed deep losses in the first quarter due largely to low freight rates.
Shanghai: Taiwanese carrier Evergreen Line is joining forces with China's Cosco and Israel's Zim to upgrade their fleet operating in the Far East – South America Service (ESA).
Manila: With a single entity now in charge of overseeing the implentation of STCW in the Philippines Nicasio Conti of the Maritime Industry Authority (Marina), says they “are ready” for this week’s STCW audit by the European Maritime Safety Agency...
Singapore: The port of Singapore has raised its competitiveness by reviewing its dues structure and rates, and enhancing the Maritime Singapore Green Initiative.
Singapore: The lifting capacity of heavy lift vessels is expected to continue to rise as cargoes get larger and more complicated, according to owners specialising in the sector.
