Wan Hai adds PhilaPort to Asia – US East Coast Service rotation
Wan Hai Lines will expand its Asia to North America coverage by adding Philadephia port to its curre...
Ever Given insurance claims could exceed US$2 billion
French reinsurance company SCOR said that Ever Given claims could amount to more than US$2 billion, ...
HMM, SM Line and Pan Ocean launch first K-Alliance service
HMM, SM Line and Pan Ocean have started the first service under the K-Alliance, a joint South Korea-...
US president Biden signs the Ocean Shipping Reform Act into law
US president Joe Biden signed into law the Ocean Shipping Reform Act (OSRA) on 16 June, which author...
15 shipping companies fined US$64 million for price-fixing
KOREA's Fair Trade Commission (FTC) is fining 15 companies US$64 million for price-fixing, reports H...
Box lines’ profitability remains at record levels with combined Q1 EBIT of US$43.9 billion
Following the "trend" of the last quarters and years, container lines have recorded very strong oper...