Lawyers initiate first claims against carriers for boxes lost from ONE Apus

Last winter was an exceptional period for cargo losses on the North Pacific trades, with many containers lost in storms – not least from the ONE Apus, which lost more than 1,800 containers.
The 14,000 teu ship was en route to California when a storm dislodged container stacks which toppled into the sea, damaging lower-stacked containers as they fell.
In the first three cases filed with the New York Southern District Court, Navigators …

The post Lawyers initiate first claims against carriers for...

https://theloadstar.com/lawyers-initiate-first-claims-against-carriers-for-boxes-lost-from-one-apus/

Berthing challenge for new transpac carriers arriving on the west coast

Matson and Ocean Alliance member containerships arriving at the heavily congested US west coast hub ports of Los Angeles and Long Beach are getting worked well ahead of their competitors, according to an Alphaliner survey.
Analysis by the consultant of the transit times of 62 import vessels, taken from the last Asian port of loading to berthing at LA and LB terminals during the two-week period from 5-19 November, ranged from …

The post Berthing challenge for new transpac carriers arriving on the...

https://theloadstar.com/berthing-challenge-for-new-transpac-carriers-arriving-on-the-west-coast/

Evergreen Records YOY Revenue Profits In May

  • Evergreen announced its May results.
  • Evergreen Marine’s revenue and profit both hit record highs.

Evergreen Marine’s revenue and profit both hit record highs in May, reports Xinde Marine News.

Year-On-Year Record

On June 8, Evergreen announced its May results. The monthly revenue reached NT$34.442 billion (approximately RMB 7.937 billion), an increase of 145.52% year-on-year; Net profit after tax was NT$17.166 billion (approximately RMB 39.56), an increase of 1312.84% year-on-year, breaking the...

https://mfame.guru/evergreen-records-yoy-revenue-profits-in-may/

KMTC Line moves into East African market

South Korean feeder operator Korea Marine Transport Company (KMTC Line) is diversifying into the East African trades.

From 3 June, KMTC Line will begin purchasing slots on the Mombasa-Far East Express (MFX) service operated by Evergreen Marine Corporation, X-Press Feeders, OOCL and CMA CGM. The South Korean intra-Asia specialist will start loading on the 5,600TEU Ital Unica, which is one of seven vessels assigned to MFX.

The MFX loop is Shanghai, Ningbo-Zhoushan, Shekou, Singapore, Port Klang...

https://container-news.com/kmtc-line-moves-into-east-african-market/