A naming ceremony was held Monday at Japan Marine United Corporation’s (JMU) Kure shipyard for the first newly built containership painted in Ocean Network Express' (ONE) corporate color.The new magenta box ship, named ONE Stork, is the 10th of 15 new 14…
Tim Nolan, who was recently named the next President and CEO for TOTE Inc, was honored with the Herb Brand Award at the Maritime Council of NY/NJ’s 56th Annual Dinner Dance.The Herb Brand award is one of three awards given to champions of the U…
South Asia container trade with Europe continues to outpace the Middle East, says Drewry in its Container Insight Weekly report.Container shipments in the combined eastbound Europe to the Middle East and South Asia trade performed well in the first quarter…
German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.Hamburg-based Hapag-Lloyd, the world's fifth largest container company…
Imports at the United States’ major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released…
DAMCO, part of A.P. Moller – Maersk, and a provider of end-to-end supply chain management services, announced the launch of its new digital freight forwarding service into India.The new online platform, Twill, provides greater control of shipments by offering instant price quotes and booking…
China maintained solid export growth of 12.6 percent in May, slightly slower than in April, but still providing good news for Beijing's policymakers as they deal with tough trade negotiations with Washington.Imports also rose more than anticipated in May and at the fastest pace since January…
CMA CGM’s Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalization and innovation in the shipping and supply chain ecosystem.Ze Box is CMA CGM’s corporate venture capital arm that invests in startups with…
A Taiwan-owned cargo ship docked safely in Sydney on Wednesday after losing 83 containers off the coast of Australia during a massive storm which saw the ship battered by five metre (15 feet) swells.The YM Efficiency limped into Sydney with a container hanging halfway off its side…
The European Union expects to hit U.S. imports with additional duties from July, ratcheting up a transatlantic trade conflict after Washington imposed its own tariffs on incoming EU steel and aluminium.EU members have given broad support to…
Rayan Qutub, CEO of King Abdullah Port, has announced that the port has achieved new heights in container handling this year, already showing a 45% increase during the first four months of 2018 compared to the same period in 2017. Qutub…
Yesterday, for the third time since the inauguration of the Expanded Canal, the Panama Canal set a new monthly tonnage record of 38.1 million tons (PC/UMS) after facilitating the transit of 1,231 vessels in May 2018.The previous record was established in January 2017…
ZIM has announced today that ZIM’s VP Global Sales, Saar Dotan, will replace Rafael Ben-Ari, ZIM’s VP Shipping, as of June 1. Dotan’s new title will be EVP Countries & Business Development.Dotan joined ZIM in 2005 and held several senior positions…
Navios Maritime Containers announced that it took delivery of the Navios Unison, a 2010-built, 10,000 TEU containership on May 30, 2018. As previously announced, the vessel was acquired for a price of $50.25 million. The vessel is chartered out at a net rate of $26…
South Korea's Hyundai Merchant Marine (HMM) has selected the shipbuilders who will build the eco-friendly mega containerships it is to order under its 'Capacity of 1 Million TEU Strategy.' Since HMM sent out a Request for Proposal (RFP) to shipbuilding companies on April 10…
