The 6,763 TEU container ship Hyundai Tokyo hit pier 77 of the port of Kaohsiung in Taiwan on Monday (20 March), causing damage to the quayside of the port. The vessel, which also suff

Global smartphone shipments fell 11 percent from a year earlierAccording to a report by market research firm TechInsights, global smartphone shipments (wholesale) and sales (retail) fell by 11% and 5%

  During the first months of the Covid-19 outbreak, ocean carriers were able to cut capacity in line with the massive demand contraction, according to Danish maritime data analysis firm Sea-

  THE Alliance has stopped rerouting ships around the Cape of Good Hope on the Asia-Europe route. The rerouting was a temporary measure as sailings were blanked in response to falling volume

Drewry’s composite World Container Index decreased by 1% to $1,790.36 per 40ft container this week.      The composite index has decreased by 1% this week, and has

CMA CGM Group's Asian specialist CNC has launched three new services, namely TCC, PLM and SPX. The first product, TCC, will provide direct connectivity from central and southern China to Sihanoukv

  Global retailer Amazon, North American high-end outdoor brand Patagonia, and global coffee producer Tchibo, together with the Aspen Institute, have announced that Establish Zero Emissions

On March 10 local time, Brazilian Vice President Alckmin announced via social media that Brazil will remove tariffs on six kinds of imports starting from March 10. The six items include two diffe