Evergreen orders 11 megamax container ships

Taiwan-listed Evergreen Marine has ordered a series of eleven 24,000 teu LNG dual-fuel containerships split between Chinese and Korean yards. Five of the vessels will be constructed by China’s Guangzhou Shipya...

ONE and HMM set out Transatlantic plans

Ocean Network Express (ONE) is joining together with the members of the Ocean Alliance to cover the Transatlantic as well as a single service with HMM. The Premier Alliance of ONE, HMM and Yang Ming Line set t...

After the Trump bump, caution on US trade prospects

With the impending inauguration of Donald Trump, returning to the White House, there has been considerable attention focused on questions of what might happen to trade flow, particularly into the United States ...
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Wan Hai Lines orders its largest box ships

Container shipping newbuilding orders continue to flood in with Wan Hai the latest with it contracting its largest vessels yet at Korean yards. The Taiwanese company has ordered up to eight 16,000 teu meth...

ONE and SeaLead launch new Red Sea services

While container services Asia – Europe transiting the Red Sea are rerouted due to Houthi attacks, many other shorter connections continue with new routes added. Both global line Ocean Network Express (ONE) and...

Are container freight rates on a year long slide?

Consultancy Linerlytica says it expects container freight rates to fall by 70% over the next 12 months. Nick Savvides | Aug 27, 2024 The analyst commented in its latest report that lines had faile...