Evergreen Line has announced a rationalization plan with the CKYH Alliance (Coscon, 'K'LINE, Yang Ming, Hanjin Shipping) for the U.S. East Coast / Northwest Europe Service.The new service combines their Evergreen Line's Trans Atlantic string of North Asia-U…
MOL (Mitsui O.S.K. Line) announced a general rate increase (GRI) on its Europe – Southern Africa trade. “We are committed to maintaining high service levels even during these difficult economic times,” said Colin de Souza, MOL General Manager…
According to the San Francisco Chronicle, federal prosecutors told a judge that the pilot of the container ship that struck the Bay Bridge in November 2007 ignored basic safety precautions, lied to licensing authorities about his prescription drug use…
Drewry’s latest Container Forecaster analysis predicts casualties and continued unsustainable freight rates unless the industry market share mind-set is discarded. According to Drewry’s analysis, there will be a 10.3% contraction for containers…
State-run Shipping Corporation of India (SCI) has accepted delivery of a crude container named “Desh Vishal” from Daewoo Shipbuilding Marine Engineering Co. The company had placed orders for two very large crude containers (VLCCs) in October 2005 with the South Korean company…