Containerships News

 

Abu Dhabi Ports Launches Feeder Service

Jun 02, 2020

Abu Dhabi Ports has established a new feeder services company, SAFEEN FEEDERS, to serve the group’s mainliner shipping clients in the Gulf region.SAFEEN FEEDERS will introduce a new feeder service linking Abu Dhabi to ports serving the UAE, the broader Gulf region and Indian Sub-Continent…

APL England Captain Charged Over Lost Containers

May 31, 2020

The master of Singapore-flagged APL England is facing charges in Australia after the vessel under his command lost dozens of containers overboard in rough seas off the coast of Sydney last week.The offences relate to pollution and/or damage…

Shipping Industry Goes Digital in Lockdown

May 28, 2020

The coronavirus lockdown has accelerated a digitalization drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.Ports operator DP World…

APL England Detained After Dropping Containers off Australia

May 28, 2020

A Singapore-flagged containership that lost at least 40 containers overboard off the coast of Sydney has been detained by authorities in the Port of Brisbane after Australian inspectors found inadequate lashing arrangements for cargo and heavily corroded securing points for containers on deck…

Pacific International Lines Secures Debt Deal

May 27, 2020

Singapore-based container ship operator Pacific International Lines Pte (PIL) has agreed with most of its financial lenders to defer debt payments and is in talks with a unit of Singapore state investor Temasek Holdings for a potential investment…

First Containership Arrives at Sweden's Newest Port

May 27, 2020

Unifeeder containership SCA Tunadal on Wednesday claimed the maiden call at Sweden’s newest freight port, Stockholm Norvik Port, following the completion of a long port construction project.The container terminal is now open, both for vessel calls and for shore-based business operations at the port…

World's Largest Containership Sails Through the Suez Canal

May 26, 2020

The world's largest containership, HMM Algeciras, passed through the Suez Canal on Monday as the record-setting 24,000 TEU class vessel makes its maiden voyage from Asia to Europe.Built at Daewoo Shipbuilding & Marine Engineering’s (DMSE) Okpo shipyard in Geoje…

Face Masks Washing Ashore After Cargo Ship Loses Boxes

May 26, 2020

Surgical masks and other items have been found washing up onto Australian beaches Tuesday after the Singapore-flagged APL England lost at least 40 containers overboard in heavy seas off the coast of Sydney.The medical supplies have been found on shores between Magenta Beach and The Entrance…

Containership Loses Boxes in Heavy Seas off Australia

May 25, 2020

A Singapore-flagged containership lost at least 40 containers overboard in heavy seas off the coast of Sydney, the Australian Maritime Safety Authority (AMSA) said.Just after 6:10 a.m. Sunday, the APL England experienced a temporary loss of propulsion and began rolling heavily…

China to Europe Container Spot Rates in Rare Reversal -BIMCO

May 20, 2020

Throughout April, container shipping spot freight rates on the back-haul trade from North Europe to China were higher than those on the front-haul trade from China to North Europe. This is a rare occurrence that has developed in the wake of…

WTO's Goods Trade Index at Record Low Amid COVID-19 Disruptions

May 20, 2020

The World Trade Organization (WTO) said on Wednesday its goods trade indicator fell to the lowest level since its launch, indicating global trade was likely to fall “precipitously” in the first half of 2020 due to disruptions caused by COVID-19…

Weir Named GM of Florida International Terminal

May 18, 2020

Florida International Terminal announced Justin Weir has been appointed as the port's new General Manager.Weir has over 20 years’ experience in the industry, including previous roles in New Jersey and Los Angeles, where he has been in charge of business performance…

Hapag-Lloyd Keeps 2020 Guidance

May 15, 2020

German container liner Hapag-Lloyd on Friday stuck with its full-year earnings guidance but warned that supply disruptions and weaker demand due to the coronavirus crisis may lead to a revision of its forecast in the second half of 2020.The number five in worldwide container shipping…

Tonnage Slips at Port Houston Amid Pandemic

May 13, 2020

Monthly cargo volumes at Port Houston declined in April as the coronavirus outbreak continued to impact commerce in the U.S. and across the world.Port Houston, the 6th largest container port in the U.S., handled a total of 221,540 twenty-foot equivalent units (TEUs) in April…

CMA CGM Takes $1.1 Bln Loan

May 13, 2020

Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it seeks to bolster its cash position during the coronavirus pandemic, which has hammered international trade.The loan…

Logistics News

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

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Doba crude oil to be imported in greater quantities thanks to new Mediterranean fuel regulation
South Korea's MFG purchases about 67,000 T of corn, traders claim
Sources say that the US Virgin Islands is considering a new registry for ships.