The port of Hong Kong saw throughput rise 7.2% to 1.8m teu from 1.6m teu in the previous corresponding period, off a low base and showing a rebound from the second slowest month in 2016.
Underscoring an upturn in container shipping global boxport volumes grew 6.7% in the first half of 2017, and forecast at 6% for the year as a whole by Alphaliner.
Regional feeder line SITC firmed up an order for two 1,011-teu gearless container vessels from an unnamed Korean yard and exercised options for two more similar vessels for delivery in 2018 and 2019 respectively.
The Hong Kong Shippers Council says it welcomes the territory’s Competition Commission's decision to grant a block exemption to voluntary discussion agreements (VDAs) among container lines.
China Cosco Shipping Corporation Limited (Cosco Shipping) has provided more information regarding its $6.3bn takeover bid for family-owned Orient Overseas (International) Limited (OOIL), in particular on the risk associated with anti-monopoly...
Container carriers Yang Ming Marine Transport Corp, TS Lines and Korea Marine Transport Co (KMTC) have announced the introduction of a new East Asia route covering South Korea, Taiwan and Hong Kong from August 2017.
The Shanghai Stock Exchange (SSE) has asked Cosco Shipping Holdings to provide further details on its recently announced offer to takeover Orient Overseas (International) Limited (OOIL), including a clarification on the listing status of OOIL on...
As a higher base effect started to kick in, throughput at the port of Hong Kong slowed dramatically in June, with overall volumes almost flat at 1.66m teu and rising by just a couple of tens of thousands of containers from the previous...
