Maritime Market News

Big newbuilding program sees ZIM overtake Yang Ming

A massive newbuilding program and a string of recent vessel deliveries has pushed the operated fleet of Haifa-based ZIM bast that of Taiwan’s Yang Ming.

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Lotus Link launches a new service to India

Lotus Link has recently announced a new direct service connecting Vietnam and India.

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Emirates, PIL and ASL expand South China-Philippines loop to Vietnam

Emirates Shipping Line (ESL) and Pacific International Lines (PIL) will later this week expand their joint South China- Philippines ‘SCP’ service, which was initially launched in...

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Sinokor and Heung A extend ‘HPS1’ loop to Russian FE

Sinokor Merchant Marine and Heung A Line, both parts of the Sinokor Group, will later this month extend their existing Korea – South China – Northern Vietnam ‘HPS1’ loop to the...

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Matson predicts 90% drop in shipping income for Q1

US-based Matson Inc has announced preliminary operating income for its Ocean Transportation activities of between USD 23-28 M, representing a drop of more than 90% on the same quarter a...

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OCEAN Far East-Europe loop gets new Vietnam call

CMA CGM has added a Cai Mep call to the rotation of its Far East – North Europe service ‘FAL3’, which as also known as the fifth loop (‘NEU5’) of the OCEAN Alliance in this...

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