
Salvage Operation Underway for Container Ship "Solong" After Collision with Oil Tanker
On March 10, the container ship Solong collided with the oil tanker Stena Immaculate. More than two weeks after the devastating in

HMM Takes Delivery of First Methanol-Powered 9,000 TEU Containership "HMM GREEN"
HMM recently took delivery of the 9,000 TEU methanol-powered containership HMM GREEN. This vessel is the first of nine sister ship

Xiamen Port Launches New Direct Southeast Asia Route CPX7 with Breakthrough Innovations
On March 24, the SITC Yokohama smoothly berthed at Haitian Terminal with its first cargo, marking the official launch of Xiamen Po

Freight Rates Plummet to $1 on East Asia Backhaul Routes Amid 20% Volume Drop
Despite a 20% decline in shipping volumes, freight forwarders are offering rates as low as $1 for backhaul routes from East Asia.O

Evergreen Marine Launches New VTS Route, Offering Fastest Direct Shipping from South China to Key Southeast Asian Ports
On April 16, Taiwan-based Evergreen Marine officially launched its new VTS shipping route, which will be one of the fastest direct

NY-NJ Port Authority, APM Terminals Seal 33-Year Lease Renewal with $500M Green Investment to Triple Cargo Capacity
The Port Authority of New York and New Jersey has reached a 33-year lease renewal agreement with APM Terminals, a subsidiary of Ma




