News
HMM Orders 12 Containerships at DSME and Hyundai Heavy
South Korean shipping company HMM has reached shipbuilding agreements for the construction of twelve 13,000 containerships valued at $1.57 billion. ...
UPS’ peak-season surcharges to whack mega-shippers
UPS Inc. (NYSE:UPS) has disclosed its delivery surcharges for the upcoming holiday delivery season, and very big shippers will not be pleased. The ...
Work Starts On Kanal Istanbul
By Daren Butler (Reuters) Turkish President Tayyip Erdogan on Saturday launched a $15 billion canal project intended to relieve pressure on the busy B...
Hapag-Lloyd and ONE join Maersk’s blockchain platform
Two of the largest container carriers in the world, Hapag-Lloyd and Ocean Network Express (ONE), have completed integration onto TradeLens, a blockc...
Carrier schedule reliability 'through the floor' – no normality till Q2 22, earliest
Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight. Widespread port congestion, eq...
