REPORT: HANJIN SHIPPING HAS ENOUGH CASH TO COVER OFFLOADING COSTS ( 23 Sep, 2016)
Cash held by Hanjin Shipping, coupled with commitments from the company’s leading shareholder, the leading...
IUMI CALLS FOR MORE ACTION TO TACKLE CONTAINERSHIP FIRES ( 22 Sep, 2016)
Two recent onboard containership fires have fueled concerns from International Union of Marine Insurance (IUMI) over...
U.S. RETAILERS FEAR FOR CARGO ABOARD HANJIN SHIPS (21 Sep, 2016)
The National Retail Federation and the Hardwood Federation have led a coalition of 120 organizations representing...
HAPAG-LLOYD INVESTS IN CONTAINER FLEET ( 20 Sep, 2016)
German shipping major Hapag-Lloyd has ordered a total of 5,750 refrigerated containers (reefers), including five thousand...
MOODY’S: HANJIN’S RIVALS TO BENEFIT FROM HIGHER FREIGHT RATES (19 Sep, 2016)
Image Courtesy: Hanjin Shipping The disruption to cargo services made by South Korea-based Hanjin Shipping...
APL SETS UP ATLANTIC GULF EXPRESS SERVICE (16 Sep, 2016)
Singapore-based container shipping company APL plans to launch a new Transatlantic service, Atlantic Gulf Express...
HANJIN SHIPPING GETS CASH INJECTION FROM PARENT’S CHAIRMAN (15 Sep, 2016)
South Korean container carrier Hanjin Shipping received a cash injection from the head of its parent company,...
BIMCO: LOWEST LEVEL OF NEWBUILDING CONTRACTS IN 20 YEARS (14 Sep, 2016)
Image Courtesy: HHI Shipyards become the next victim of the deteriorating conditions in the dry...
US PORT OF LONG BEACH CEO RESIGNS (13 Sep, 2016)
Image Courtesy: Port of Long Beach US Port of Long Beach’s (POLB) CEO, Jon Slangerup,...
CMA CGM, ENGIE TO PROMOTE LNG AS MARINE FUEL FOR BOXSHIPS( 20 Oct, 2016)
French shipping major CMA CGM has signed a Memorandum of Understanding with French electric utility company ENGIE to promote...