NEWS
22/06
2022
Vietnam’s tuna industry has bounced back strongly post-pandemic as export soared 72 percent year-on-year to 259 million USD in the first quarter of 2022, the highest in five years, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
20/06
2022
Pacific International Lines (PIL) has introduced a new weekly direct service connecting ports in China, South Korea, Thailand, and Vietnam.
20/06
2022
US president Joe Biden signed into law the Ocean Shipping Reform Act (OSRA) on 16 June, which authorizes appropriations for the Federal Maritime Commission (FMC) for fiscal years 2022 through 2025.
10/06
2022
SITC International Holdings has completed the sell-off of its entire bulk carrier fleet. The Hong Kong-based SITC, the parent company of intra-Asia box carrier SITC Container Lines, marks its exit from the dry bulk segment as the group wants to focus on its core container shipping business.
09/06
2022
CMA CGM has spent some $753.3m in prepayments on its aircraft orderbook, up from $723.2m at the end of 2021, following its recent order for two 777 freighters, set to deliver in 2024. Meanwhile, the first of its previous order for two 777Fs joined the fleet on 31 May, with the second “in the process of being delivered”.
09/06
2022
The Danish maritime data analysis company, Sea-Intelligence has measured schedule reliability from the perspective of the cargo being moved.
08/06
2022
As Shanghai springs back to life after two months of lockdown, congestion at the port is almost back to normal, according to the latest data from VesselsValue.
06/06
2022
Bulk carriers are maritime vessels designed to carry loose bulk cargo like grains, cereals, coal, ores, iron, steel, cement etc. Today bulkers comprise 21 per cent of the global shipping fleet and most of them are registered in Panama. A leading builder of bulk carriers is South Korea whose shipyards have produced 80 per cent of the Very Large Ore Carriers.