WinGD will supply 10X92DF-M methanol-fueled engines for four 16,000 TEU container vessels to be built for COSCO Shipping Lines at COSCO Shipping Heavy Industry (Yangzhou) Co. Ltd. These vessels will be delivered
Easing supply chain bottlenecks at major U.S. ports may be good news for consumers, but not so much for containership operators. As we reported earlier, after container shipping giant Maersk reporting record
Move over Facebook, Amazon, Netflix and Google, you’re currently being outperformed financially by the ocean carrier giants. Actual net income for the container shipping industry in third quarter 2021 was $48.1 billion,
In its latest briefing on the port congestion issue and its impact on the supply chain, the White House notes good progress in shifting import cargoes through the ports of Los Angeles
MAY 16, 2018 — President Donald Trump’s decision to pull the U.S. from the Iran nuclear deal is already having an impact on shipping services. Today, container shipping giant MSC issued the
APRIL 26, 2018 — The Baltic Exchange and digital container freight platform Freightos have reached an agreement that will provide the global container shipping industry with an independent, audited benchmark The Freightos
OCTOBER 30, 2017 — Seaborne trade grew by 2.6% in 2016, to reach 10.3 billion tons, but the pace remained below the historical 3% average, and demand for shipping continued to lag
SEPTEMBER 29, 2016 — South Africa’s Competition Commission (Commission) yesterday conducted search and seizure operations at the premises of six container shipping companies operating in the Western Cape and Kwazulu-Natal provinces. The
SEPTEMBER 5, 2013 — Many observers feel that misdeclared container weights likely played a role in the recent breaking in two of the five-year old containership MOL Comfort. Now the shipping industry
Maersk Line CEO, Eivind Kolding has a message for the container shipping and logistics industry: If container shipping is to secure its license to operate in the future, the industry needs to
