Major privatisation in East Asia 
In South Korea, the government-owned stakeholders have launched a process to privatise HMM, the nation’s major shipping line since the bankruptcy of Hanjin Shipping in 2016. The sellers are the state-owned Korea Development Bank (KDB) and the Korea Ocean Business Corporation... plus
Yang Ming posts historic profit
The Yang Ming Marine Transport Corporation delivered a strong performance in 2022, driven by strong demand and high average freight rates in the container shipping market. During the 382nd board meeting, held on 9 March, the Taiwanese company announced new record revenues of NTD... plus
10 x ONE
Singapore-based Ocean Network Express (ONE) has ordered ten large containerships with a capacity to carry more than 13,700 teu each, to be delivered in 2025 and 2026. This order is in line with the company's medium-term strategy, announced in March 2022, and follows on from... plus
Two prime ministers meet at the Rijeka Gateway
Mette Frederiksen, the prime minister of Denmark, and her opposite number from Croatia, Andrej Plenković, met at the Rijeka Gateway terminal in Croatia on 6 March. According to Koen Benders, the CEO of the Rijeka Gateway, which is under construction, the project is in line with... plus
Christening the new king of capacity
Most of the general managers concerned held speeches welcoming the first ship of the 24,116 teu ultra-large containership series at a christening ceremony which was held on 9 March 2023. Other representatives signed the delivery document. This vessel was built by Bank of... plus
New record for PSA Singapore
PSA Singapore has compared the results of the financial years 2022 and 2021. In 2022, it achieved a new record in container throughput measured in teus since PSA Jurong Island Terminal began operations in 2012. On 31 December 2022, PSA Singapore recorded an annual volume of... plus
Smart Freight Centre Community wins new member
Rhenus has partnered with Smart Freight Centre's (SFC) "Clean Cargo", a buyer-supplier forum for sustainability in the cargo shipping industry, to collaborate and share its best practices with other industry leaders. The global logistics service provider sees this... plus
Zeaborn to implement Shipin's Fleetvision
Zeaborn Ship Management, a third-party ship manager based in Hamburg and Singapore, will use Shipin Systems' patented Fleetvision to enhance its structures, transparency and efficiency, achieve better results and thus improve customer service. Zeaborn's senior vice president... plus
"Boxbay" to be implemented in Busan
Dubai-based DP World has commissioned the "Boxbay" system from German plant technology supplier SMS Group. Group chairman and CEO of DP World Sultan Ahmed Bin Sulayem, and chairman and CEO of SMS Group Burkhard Dahmen signed the contract to this effect in Jebel Ali... plus
Wilson and Seaber ink partnership
Seaber.io, a Finnish maritime software company dedicated to reducing inefficiencies, costs and the environmental impact of bulk and break-bulk shipping, and Norway-based Wilson, European short sea company, have announced their cooperation. The partnership will advance the... plus