Transpacific routes proved to be crucial for mid-tier shipping lines in 2024, according to Alphaliner.
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https://container-news.com/transpacific-exposure-trumped-bullish-charter-market-in-2024/
Shipping data analysis firm Sea-Intelligence examined the impact of the proposal by the US Trade Representative (USTR) to penalise Chinese shipping lines and non-Chinese shipping lines operating China-related vessels.
“We looked specifically at small independent niche carriers on the Transpacific, as the global carriers might have a larger exposure to this proposal, but their extensive and diverse fleet of vessels gives them a greater degree of flexibility to substitute Chinese-built vessels...
https://container-news.com/us-port-fees-pressure-niche-transpacific-liner-operators/
Israeli ocean carrier ZIM and Hong Kong-based regional carrier TS Lines have joined MSC and Premier Alliance in pulling Transpacific services, as container volumes continue plunging amid the US-China trade war.
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https://container-news.com/zim-and-ts-lines-withdraw-τranspacific-routes/
Alphaliner’s report states there is no clear winner when it comes to decarbonisation efforts among container carriers.
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Martina Li
Asia Correspondent
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The post Taiwanese box lines to work with TIPC to develop methanol storage in...
With Far East-Middle East container volumes seeing double-digit growth year-on-year, several liner operators have added more services to this lane.
Japan’s joint venture Ocean Network Express (ONE) and Taiwanese intra-Asia carrier TS Lines are launching the South China-Middle East Express (SMX) service on 8 November, connecting the southern Chinese ports of Shekou, Da Chan Bay, and Nansha with Jebel Ali and Hamad. TS Lines is assigning a 2,900 TEU ship to SMX, while ONE said it will nominate a...
https://container-news.com/middle-east-trade-surges-leading-box-lines-to-launch-new-services/
Taiwanese regional carrier TS Lines has made a third attempt at an initial public offering on the Hong Kong Stock Exchange. Earlier attempts in 2022 and 2023 stalled as the container shipping market corrected after the Covid-19-enabled boom.
However, having submitted another prospectus on 30 May, TS Lines appears to have been encouraged to try again due to the current renewed bull run.
The company, which has appointed JP Morgan and China Merchants Securities as its listing sponsors, said that...
https://container-news.com/ts-lines-makes-another-attempt-at-ipo/
The 2,778 TEU container ship KMTC Shenzhen experienced a fire off Port Klang in Malaysia on 12 August, according to the UK insurance company WK Webster.
It is reported that at least three fire-fighting tugs were deployed to assist in the fire incident, in conjunction with the local fire brigade, which was brought under control within two hours.
The 2013-built boxship had 18 crew members and 1,189 containers onboard, but no injuries have been reported at the time of writing.
WK Webster noted that...
https://container-news.com/kmtc-container-ship-suffers-fire-off-malaysia/
Τaiwanese intra-Asia carrier TS Lines will step up scrubber installation on its ships, as the price spread between high-sulphur fuel oil (HSFO) and low-sulphur fuel oil (LSFO) widens amid surging oil prices.
Last year, the price spread ranged from US$240 to US$264 per tonne, more than doubling from the spread of US$112 per tonne in 2021 and rocketing from US$92 per tonne in 2020, when the International Maritime Organisation’s global sulphur cap kicked in.
The situation was exacerbated by Russia’s...
https://container-news.com/ts-lines-to-fit-scrubbers-on-more-ships/
Taiwan’s High Court on 19 October overturned an earlier ruling that obliged TS Lines to pay approximately US$5 million in damages to fishermen whose livelihoods were allegedly affected after TS Taipei, one of the company’s boxships, ran aground and broke in two in March 2016.
Marine fuel spilled from the wreckage had allegedly affected fishermen in the area, but TS Lines appealed, saying there was no proof that the accident damaged the fishing industry.
TS Taipei, a 2006-built 1,574 TEU ship, ran...
https://container-news.com/ts-lines-gets-oil-spill-damage-overturned-on-appeal/