Wan Hai launches new intra-Asia express service
The Taiwanese container carrier Wan Hai Lines will enhance its Asia and East India network with a new weekly service between South China, Vietnam and East India (CI7). Wan Hai...
MSC’s new service to connect Baltic Sea with US East Coast
The largest container line in the world Mediterranean Shipping Company (MSC) has announced the launch of a new weekly service, which will link the ScanBaltic region with the US East...
CMA CGM and SIPG complete China’s first ship-to-ship LNG bunkering
The French shipping group CMA CGM and the Chinese port operator Shanghai International Port Group (SIPG) have achieved China’s first bonded LNG SIMOPS (simultaneous operations) bunkering with the 15,000 TEU...
US government launches supply chain information-sharing initiative
The Biden-Harris Administration and US Department of Transportation have announced the launch of a major supply chain initiative, Freight Logistics Optimization Works (FLOW), aiming to help speed up delivery times...
Maersk sells its stake in Russian operator Global Ports due to Ukraine war
APM Terminals has decided to sell its shares in Russian port operator Global Ports due to Putin's invasion of Ukraine. This move follows Maersk Line's decision to halt all bookings to...
Evergreen profit soars nine times to US$9.5 billion in 2021
Evergreen Marine Corporation’s net profit rocketed nine-fold to US$9.5 billion in 2021 and its president Eric Hsieh said today (15 March) that the company expects to repeat its stellar performance...