Alphaliner: Third Alliance in the Making?
The eight container carriers left out of the two major alliances, the 2M and Ocean Alliance, could team up under a single arrangement that would represent a serious count… Read More
Hanjin Shipping’s Restructuring Cleared
South Korean shipping company Hanjin Shipping has received approval from creditors to move forward with its voluntary restructuring proceedings, the company said in an… Read More
Gallery: Fire Erupts After Boxship Hits Gantry Crane in Port Said
A fire broke out at Egypt’s Port Said last night after a container ship hit a gantry crane while leaving the Suez Canal Container Terminal (SCCT), a source who wish… Read More
Car Carrier Giants Hit with Another Class Action
Car shipping majors are facing another class action complaint by vehicle shippers who have taken their case before the United States Federal Maritime Commission … Read More
Drewry: Shipowners Forced to Either Cut Rates or Fleet
The current container market downturn is forcing some independent shipowners to either reduce charter rates to help save ailing carriers or opt for idling, selling or scrapping… Read More
World Maritime News Staff