Shipping Lines

German international shipping company Hapag-Lloyd has signed a space charter agreement with Maersk and MSC on the Aisa-North Europe trade, according to a 17 January announcement made by the company.

The UK government has released its report after investigating the UK-flagged CMA CGM Washington, which lost 137 containers following the collapse of three container bays in January 2018.

Hyundai Merchant Marine (HMM) is planning to launch the world's largest container ships in April 2020, according to national media.

Ralph Lauren and Puma are among eight major companies that have pledged to not use the Arctic for commercial shipping, according to the Ocean Conservancy.

The Port of Salalah, the biggest port in Oman, has become the latest port to join TradeLens, the blockchain-enabled digital shipping platform.

Under the Ocean Alliance Day 4 product CMA CGM, Cosco Shipping, Evergreen and OOCL have outlined the latest service offering which will begin in April 2020.

Hapag-Lloyd, the fifth largest container shipping line in the world by market share, has announced it will look to grow and develop its presence in Africa with a new Quality Service Center (QSC) in Mauritius.

The fire that broke out on the COSCO Pacific on January 6 2020 was caused by the spontaneous combustion of a lithium ion battery, according to widely reported update from the Chinese carrier.

Plans to build a new container port on the Northern Sea Route (NSR) could be reviewed after the University of Iceland's Institute of Finance and Economic Studies published a report cast doubt on the project's commercial viability.

The Russian government has announced a major infrastructure development plan for the Northern Sea Route (NSR) as part of its efforts to make the Arctic a commercially viable shipping lane.

Despite a ‘sluggish market’ in 2019 South Korean container line Hyundai Merchant Marine (HMM) said it has laid a ‘solid foundation’ to improve mid-to-long term portability in the last 12 months.

The past 12 months have seen significant change in the maritime industry. Shipping has seen major progress in a number of areas including the expansion of the global mega-ship fleet, examination of the Northern Sea Route (NSR) and US-China trade all continuing to affect the fortunes of ports, carriers and stakeholders.