
OOIL suffers TEU slump in the second quarter of 2020
Orient Overseas International Limited (OOIL) suffered a year-on-year (YoY) 4.6% decline in TEU volume in the second quarter of 2020 as the COVID-19 pandemic continues to hurt operations. In a…
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Orient Overseas International Limited (OOIL) suffered a year-on-year (YoY) 4.6% decline in TEU volume in the second quarter of 2020 as the COVID-19 pandemic continues to hurt operations. In a…

Yang Ming Marine Transport will add two new 11,000 TEU container vessels, ‘YM Triumph’ and ‘YM Truth’ to its fleet. Both vessels will join THE Alliance’s Trans-Pacific routes with comprehensive…

Westports Holdings Berhad (Westports) has become the latest major maritime stakeholder to suffer as a result of the COVID-19 pandemic, as its revenue for the second quarter of 2020 declined by 11%…

The Australian Maritime Safety Authority (AMSA) is launching a focused inspection campaign targeting cargo securing arrangements on container ships visiting Australian ports. This inspection campaign…

Shipwaves, a Mumbai-based digital freight forwarder, has joined Maersk-IBM developed TradeLens platform. The association between the blockchain-powered supply chain solution provider and digital…

Carbon dioxide (CO2) emissions from 17 of the world’s leading ocean container carriers continued to fall in 2019, according to a new report from Clean Cargo. Representatives from around 85% of global…

Data released from the Chinese Ministry of Transport shows that TEU traffic at the eight biggest ports in China decreased by 5.4% year-on-year (YoY) between January and June 2020 due to the COVID-19…

A total of seven companies have now secured compliance with the Digital Container Shipping Association’s (DCSA) Internet of Things (IoT) connectivity interface standards for shipping containers. The…

The China State Shipbuilding Corporation (CSSC) has signed a strategic cooperation framework to develop smart ships and other maritime and transportation technologies. In a statement, CSSC it had…

Despite the impact of COVID-19 on the supply chain, the transportation of perishable goods is set to grow in 2020 as plant-based diets become popular, demand for high vitamin products increases and…