Maersk has terminated its agreement with DB Schenker after the German company attempted to hijack customers from Damco. DB Schenker confirms the break up to ShippingWatch but does not link...
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Pandemic’s Impact on Global Trade Hit Panama Canal Throughput in FY 2020
Cargo volumes through the Panama Canal grew by a less than expected 1% this year as the COVID-19 pandemic took its toll on global trade, the Panama Canal said Monday.The...
2M Restores Transpacific Capacity
The 2M is the latest container shipping alliance to return more capacity to the transpacific trades. 2M partners Maersk and MSC said today they “continued to see strong demand and...
Mitsubishi Heavy Industries’ scrubbers fitted on 22 ships in 2020
Japanese shipbuilding major Mitsubishi Heavy Industries has installed its in-house produced DIA-SOx marine SOx scrubbers on 22 ships so far this year. The company said that its subsidiary Mitsubishi Shipbuilding...
HHI build’s world’s first very large LNG-fueled boxship
Hyundai Heavy Industries has completed the construction of a 14,800 TEU LNG-fueled very large containership. The vessel built by HHI’s unit Hyundai Samho Heavy Industries (HSHI), recently completed sea trials...