MSC to track containers in real time

MSC will in the time to come equip thousands of containers with tracking systems. These will provide information about factors such as the containers' actual positions on the voyage.

This is how much state aid HMM could get in 2018

In 2018 alone, liner company HMM will receive a triple-digit million dollar figure from the South Korean state, reports media Pulse. South Korea's state aid for shipping companies and shipbuilders is met with fierce criticism from bodies such as the EU.

OOCL forwards sulfur costs on to customers

OOCL is the latest container carrier which introduces an extra fuel charge to customers as upcoming sulfur regulations are expected to significantly push up the price of fuel.

This is why the UN sees risks in container consolidation

Recent years of consolidation in the container market contains two stories, according to the UN Conference on Trade and Development. For shipowners and shippers, the development is positive, while it could have negative consequences for terminals and ports, warns the organization.

Panama Canal sets new record in 2018

Developments in the fiscal year 2017/2018 have taken management of the Panama Canal by surprise, and it describes the year as a record for the vital waterway.

Maersk secures bunkering deal in Singapore

Yet another major port will become part of Maersk's efforts to secure low-sulfur fuel in preparation for 2020. Maersk Oil Trading has now leased part of a tanking terminal in Singapore.

HMM secures subsidies for major order

South Korean container carrier Hyundai Merchant Marine is set to receive South Korean state subsidies for its major order on a number of new ships, write several media. Among other things, the money will be spent on vessels greater than 20,000 teu.

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