With the collapse in demand and glut of supply in the container vessel segment, analysts may have been fearing the worst for developments in long-term contracted ocean freight rates. However, despite the widespread ramifications of Coronavirus, rates held comparatively steady for the month of May, with the latest XSI® Public… Read more »
Highland transport firm purchases new vessel with £13.5 million HSBC UK funding
A family-owned transport business based in Bonar Bridge, Sutherland, has purchased a new vessel, creating 14 new jobs for the region, following a £13.5 million loan and asset financing deal with HSBC UK. Migdale Transport, which specialises in the transport of live fish across land and sea, has purchased the… Read more »
Theyr Ltd to use AI to define the sustainability of commercial shipping
Theyr Ltd, a premium met-ocean data provider for the marine sector, has signed up to the national SPRINT business support programme. Theyr will collaborate with SPRINT partner, the University of Southampton on the development of an industry-leading marine vessel routing application that will enable a cleaner future for commercial shipping…. Read more »
MSC adds over 5,000 Star Cool CA units to further expands its reefer fleet
Controlled Atmosphere technology slows the ripening of fruit and thus extend its shelf-life. By integrating the Star Cool refrigeration unit directly into the container, MSC is providing a more efficient solution without sacrificing strength or reliability. People around the world are increasingly seeking a healthy lifestyle. Fresh fruit and vegetables… Read more »
THE Alliance unveils expanded service network for 2020
The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming are happy to welcome Hyundai Merchant Marine as a new core member of THE Alliance. With the FMC acceptance of HMM membership, THE Alliance offers an attractive upgraded product package and it will be launched around April 1st,… Read more »
Quality Freight UK delivers megamax cranes into Liverpool2 container terminal
Leading logistics specialist Quality Freight UK has overseen the delivery of three megamax quayside cranes into the Liverpool2 deep-water container terminal. The company’s ships agency managed and coordinated the safe arrival and departure of the ZH25 transporter vessel. The vessel carrying the giant cranes set off from Shanghai on September… Read more »
P&O FERRIES to launch new freight service connecting Calais with Tilbury and London
P&O FERRIES will strengthen its position as the leading enabler of trade flows across the English Channel by launching a new daily ferry service linking Calais with the Port of Tilbury. The new route launches this month and is designed to give freight which is not accompanied by a driver… Read more »
New marine regulations could impact supply chains without proper planning, says Evolution Time Critical
Leading emergency logistics supplier Evolution Time Critical has warned the automotive sector to be extra vigilant with regard to its supply chain reliability in the light of new environmental regulations affecting sea freight transport. The International Maritime Organization (IMO) 2020 Regulations, which cut the maximum allowable sulphur content in fuel… Read more »
ONE orders 14,000 units of Reefer Containers
Ocean Network Express Pte. Ltd. (ONE) has made an investment in its reefer business segment with a new order of 14,000 state of the art, advanced generation refrigerated containers (13,000 x 40 foot and 1,000 x 20 foot units). Of these containers, 2,100units will be equipped with the latest Controlled… Read more »
OOCL advances forward with next phase of OCEAN Alliance products to better serve customers
Following the success of the Day One products introduced earlier this year, OOCL is very pleased to announce the forthcoming launch of the second phase of the OCEAN Alliance products in April 2018, an improved suite of products providing industry-leading services to customers. The emphasis on quality services has long… Read more »
