by admin | Jun 16, 2022 | Logistics knowledge, News
The Taiwanese container line Yang Ming has received another 11,000 TEU container vessel, namely YM Tranquility. The new boxship, built by Imabari Shipbuilding, was chartered by Shoei Kisen Kaisha and was named after a ceremony held at the Imabari Marugame Shipyard...
by admin | Jun 9, 2022 | Logistics knowledge, News
The United States Federal Maritime Commission has approved a settlement agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd where the ocean carrier will pay a US$2 million civil penalty to address alleged violations related to their detention and...
by admin | May 12, 2022 | Logistics knowledge, News
China’s firm policy on the Covid-19 pandemic has created a climate of port closure and operational restrictions, as seen in both Ningbo and Shanghai, according to the latest Sea-Intelligence report. The Danish analysts said that if we take the Chinese New Year as a...
by admin | May 7, 2022 | Logistics knowledge, News
Cambodia has started the construction of a seaport in its Kampot province with an investment of US$1.5 billion from the private sector. The multipurpose port will help complement the port of Sihanoukville, another major port in that region. With the completion of the...
by admin | Apr 29, 2022 | Logistics knowledge, News
Ocean Network Express (ONE) has achieved a record profit of US$16.75 billion in the financial year 2021, which started on 1 April 2021 and ended on 31 March 2022. The Singapore-based carrier said the huge increase of 381% in profit is mainly due to a continued high...
by admin | Oct 9, 2021 | Logistics knowledge, News
City People’s Committee has just issued Decision 2416 allowing the establishment of Hai Phong Logistics Association. The Association is a socio-professional organization, operating under the Charter approved by the Chairman of the City People’s Committee,...