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Coronavirus impairs shipping lines’ revenue by USD1.9bn

Coronavirus impairs shipping lines’ revenue by USD1.9bn

  The impact of the of the coronavirus disease (COVID-19) on container shipping continues to grow, albeit at a slower pace. Copenhagen-based Sea Intelligence said...

Coronavirus: Shipping lines cancel 105 sailings from Asia to North America, Europe 

Coronavirus: Shipping lines cancel 105 sailings from Asia to North America, Europe 

  Ocean carriers canceled about 105 sailings on the routes from Asia to the North America and Europe/Mediterranean regions alone in February 2020, according to the...

Emmanuel Macron

Macron asks shipping lines to shun arctic route 

French President Emmanuel Macron is calling on container lines to avoid using a new Arctic shipping route to protect the environment. Speaking at the start of the Group...

Shipping lines to punish shippers for false declaration 

Shipping lines to punish shippers for false declaration 

Shipping lines are cracking down on rogue shippers by threatening significant financial penalties for misdeclared shipments, following a series of vessel fires....

Shipping lines scrap 201 cargo ships in first half of 2019

Shipping lines scrap 201 cargo ships in first half of 2019

The number of ships sold for demolition in the first half of 2019 fell for almost all sectors, compared to the same period a year before, a VesselsValue scrapping...

Minister of Business Sector Hesham Tawfik

Egypt mulls launching shipping lines 

Minister of Business Sector Hesham Tawfik said that his ministry mulls launching navigation lines within the framework of its strategy to increase trade exchange between...

Shipping lines, terminal operators form blockchain consortium 

Shipping lines, terminal operators form blockchain consortium 

Nine ocean carrier majors and terminal operators signed on Tuesday issued a formal statement of intent for a Memorandum of Understanding (MOU) to form a blockchain...

Frank Ojadi

Shipping lines may not require rotation number at Lekki port – Expert

A logistics expert and lecturer at the Lagos Business School (LBS), Dr. Frank Ojadi, has said that ships that would call at the Lekki deep seaport located at the Lekki...

CMA CGM

CMA CGM joins other shipping lines to hike freight rates

French shipping group CMA CGM said on Friday it would introduce an exceptional surcharge after its first quarter earnings were hit by a sharp rise in bunker fuel prices....

Palletization: Shipping lines to hike freight charges to Nigeria by 40% 

Palletization: Shipping lines to hike freight charges to Nigeria by 40% 

More facts have emerged on the cost implication of the cargo palletization policy introduced late last year by the Federal Government, as a representative of a leading...

Iran’s shipping lines to welcome foreign investment

Iran’s shipping lines to welcome foreign investment

Head of Iran’s national shipping firm described the country as the best opportunity for investment, and said that Iran welcomes foreign investments. Following...

Japanese vessel detention makes shipping lines avoid Hambantota port

Japanese vessel detention makes shipping lines avoid Hambantota port

The recent detention of a Japanese vessel by striking workers at Hambantota port in south Sri Lanka has given international shipping lines yet another reason to avoid...