CK Hutchison Launches Arbitration Against Maersk Over Panama Canal Port Dispute
Hong Kong conglomerate CK Hutchison has launched arbitration proceedings against Danish shipping group A.P. Moller-Maersk over the takeover…
COSCO Cancels Container Service at Balboa in Panama
China’s state-owned shipping company COSCO Shipping Lines informed customers in a memorandum dated March 10 that it…
Over 270,000 TEU Stranded as Container Carriers Halt Gulf Cargo Bookings
By Lori Ann LaRocco – Hundreds of thousands of containers are in limbo after ocean carriers suspend cargo…
Containership Giants Move Freight Away From Gulf Hot Spots
Two traditional dhows sail by a Cosco containership in the Strait of Hormuz in May 2023. (Jon Gambrell/Associated…
Maersk tabs new CFO, North American chief in global leadership shakeup
Maersk today announced a raft of changes across senior leadership as rival carriers challenge its dominance in global…
Northern Endeavour leaves Singapore on its way to Denmark
The Northern Endeavour is on its long and slow journey from Singapore to the Danish breakers yard, where…