New Transpacific container line

The European Commission (EC) has fined several ocean carriers engaged in the transport of finished vehicles and automotive parts and components a total of €546M for anti-competitive practices, including alleged collusion on freight rates.

EST-Floattech’s Green Orca Energy High Energy Storage system has been approved by the Norwegian Maritime Authority

China Cosco Shipping Corp (CCSC) and Yang Ming Line are the latest carriers to put in place deferral strategies for some of their ships. Their moves follow rising concerns that overcapacity in 2018 could have another negative impact on freight rates and stall the liner shipping industry’s recovery of the past 12 months.

Reliable reports emanating from South Korea suggest that the country’s container shipping companies are planning to create a national alliance

Subject to approval by Norway’s competition authorities, Samskip has agreed with the DSD Group to acquire the activities of Nor Lines AS

A new lo-lo shipping service and reorganised rail/ro-ro services will provide environmentally welcome alternatives to long distance driver-accompanied services mostly via the Dover Straits