Royal Caribbean axes 5,000 jobs amid prolonged cruise ban (16 APR 2020)

The company revealed the decision on Wednesday saying it would lay off or furlough approximately...

MSC resolves network outage (15 APR 2020)

The company said that all internal systems were fully functional and that all its booking...

Saudi Ports Global inks $1.87 billion deal for King Abdulaziz Port (14 APR 2020)

The SAR 7 billion (USD 1.87 billion) deal makes SGP the sole container terminal operator...

MSC: Terminals, cargo operations not impacted by network outage (13 APR 2020)

“All MSC departments, terminals and depots are serving customers as usual and cargo is flowing...

American Shipping Company closes $305 Mn refinancing for nine ships (10 APR 2020)

As explained, the refinancing is structured in two separate facilities with new and existing lenders....

CargoSmart, Cosco and Tesla in blockchain trial (9 APR 2020)

Apart from COSCO, Shanghai International Port Group (SIPG), and Tesla (Tesla) took part in the...

March imports at US container ports hit five-year low (8 APR 2020)

Imports are projected to remain significantly below normal levels through early summer as the coronavirus...

Pacific Basin puts the breaks on fleet growth plans (7 APR 2020)

Pacific Basin was very vocal about its fleet growth plans and was eager to pursue...

Evergreen orders 1,800 Star Cool reefers from Maersk Container Industry (6 APR 2020)

Scheduled for delivery during the 2nd quarter of 2020, reefer containers Star Cool Integrated combine...

New cluster of coronavirus cases emerges at Keppel Shipyard (03 APR 2020)

At least three people with confirmed infections have been linked to the cluster. According to...