Singapore’s PSA International is exploring the sale of its 20% stake in CK Hutchison’s ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in its controversial plans to sell.Tycoon Li Ka-shing’s CK…
https://www.marinelink.com/news/psa-international-considers-selling-stake-524951
Hardest-hit Cosco will need help from Evergreen and CMA CGM to circumvent US port fees, say analysts
TAIWAN’s Evergreen Line has announced the launch of its ‘CIX7’ service, which will expand the company’s network by offering direct connections from Vietnam and Thailand to East India. The service will complement Evergreen Line’s existing East India services by enhancing port coverage and frequency, according to London’s Port Technology International. This service will be jointly operated with Wan Hai Lines, RCL Feeder Pte Ltd, and Bengal Tiger Line, using four vessels with a nominal capacity of...
Για το ειρηνευτικό σχέδιο του Αμερικανού προέδρου Ντόναλντ Τραμπ μίλησε ο πρώην υφυπουργός Εξωτερικών, Δημήτρης Κούρκουλας, στην τηλεόραση της Ναυτεμπορικής και την εκπομπή Rush Hour, με τη Νικόλ Λειβαδάρη και…
Δ. Κούρκουλας στο Naftemporiki TV: O πρόεδρος Τραμπ παραβιάζει ξεδιάντροπα τους κανόνες...
The USTR fees for China-built shipping threaten a “complete destabilisation” of the ocean alliances, as the carriers with box ships exempt from the penalties attempt to insulate themselves.
https://gcaptain.com/trumps-china-built-ship-fees-spark-chaos-in-global-carrier-alliances/
Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world’s two largest economies, a spokesperson for the German container shipping group told Reuters on Wednesday.Instead…
https://www.marinelink.com/news/hapaglloyd-customers-cancel-chinas-us-524953
The maritime landscape has transformed dramatically over the past decade. With the global fleet expanding from approximately 1.7 billion deadweight tonnage in 2014 to roughly 2.4 billion today, a remarkable 40 per cent increase, helicopter-ship…
https://www.marinelink.com/news/ics-updated-guide-helicoptership-524956
Norfolk Southern posted higher profits in the first quarter despite flat revenue and the impact of harsh winter weather.
“There’s a lot to be pleased with this quarter,” CEO Mark George said, including delivering financial results in line with expectations despite a “vicious winter” that included 18 storms.
“Our network resiliency was evident again thanks to great planning and execution by our team,” George told investors and analysts on the railroad’s Wednesday morning earnings call.
Adjusted for...
BIMCO and the Association of Ship Brokers & Agents (USA) Inc. (ASBA) have revised ASBATANKVOY, the only dedicated tanker form not associated with an oil major. The updated version of the voyage charter party addresses changes in the tanker trade…
https://www.marinelink.com/news/bimco-asba-update-oil-tanker-charter-524960