Maersk buys Li & Fung’s 200 warehouses for US$3b in cash
HONG KONG's Li & Fung, the world's largest supplier of consumer goods from China, has sold its l...
COSCO’s mega container ship suffers propulsion loss off Portugal
As per reports from Portuguese Maritime Authorities, a COSCO's 20,000 TEU container ship sustained p...
Maersk foresees severe space shortage ahead of Chinese New Year
A.P. Moller – Maersk has said space to remain tight through to Chinese New Year (CNY) due to on-goin...
Evergreen spends nearly US$70 million on more containers and cranes for LA terminal
Evergreen Marine Corporation is going for another round of capital investments as the Taiwanese line...
Hapag-Lloyd stops all Brazil-Venezuela shipments in GS1 service
The German carrier Hapag-Lloyd has decided to halt all shipments from Brazil to the ports La Guaira ...
Chinese Ports’ container volumes rise 7.6% in 2021
The container throughput of Chinese ports for the period between January and November of 2021 stood ...