Hmm In a busy week for HMM’s expansion plans, the South Korean line has tapped Hanwha Ocean to build four 13,000 TEU ships in a deal worth $730 million. The ships will be delivered in 2029. on monday, splash HMM said it has contracted with HD Hyundai to purchase eight dual-fuel LNG containers with a…
ID 5922022 © UnderPlace | Dreamstime.com You should know better what to expect from the unaudited Q3 and Q25 numbers released by Scan Global today if you followed our previous quarterly coverage. “The Good, the Bad and the Ugly” novel, that kind of thing. right For one thing, at the start of the year the…
Global trade growth is starting to lose steam after a strong import increase fueled the first half of 2025, according to the World Trade Organization’s latest measure of goods trade. The report notes that while trade is still expanding, the pace is trending downward as the year enters its final months. Read also: To: AI…
The Suez Canal Authority has been in bullish form this week, suggesting that many shipping companies are ready to abandon the Cape of Good Hope and return to Crossing the Red SeaThis will have a huge impact on shipping rates. Diana Shipping has made the move on New York-listed Genco Shipping & Tradingmakes a cash…
ID 43458035 © Andrecosmin | Dreamstime.com The EU’s new product liability regime – more information here* – doesn’t just target manufacturers; It brings importers, distributors, fulfillment providers and platforms to the front line of strict, error-free claims. For logistics players who thought a “product defect” was someone else’s problem, 2026 now has a very different…
The Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez, said that China has an important role to play in promoting global maritime cooperation and driving the sustainable development of the shipping industry. Dominguez made the remarks in an interview with Xinhua News Agency on Tuesday on the sidelines of the inauguration ceremony of the…
Russia will find out today whether it has secured a return to the regulatory inner circle for shipping – or whether the political freeze is set to continue. Russia is trying to claw its way back into the IMO’s top decision-making body, holding one of the most politically charged council elections in years at the…
Taiwanese regional carrier Interasia Lines continues to ramp up its operations outside India to capitalize on booming intra-Asian trade. The Taipei-based liner has introduced another loop linking the Far East to the east coast of India. CI9 Weekly [China-India Service 9] It has a rotation between Nansha – Shekou – Laem Chabang – Port Klang…