Zim revises deal with 2M alliance to cut charter hire costs by buying more slots2018-09-18

ISRAELI shipping line Zim's cooperation with 2M partners, Maersk Line and MSC, on the Asia-US east coast route will see six loops consolidated into five, starting from September 12 as the carrier turns its focus to reducing cost and raising average revenu

CIMC warns that high oil prices may dissuade carriers to buy containers2018-09-18

CHINA International Marine Containers (CIMC) achieved steady growth in its key container manufacturing business during the first half of the year driven by growth in world trade and the accompanying rise in container shipping volumes."Customers maint

Sulphur cap by 2020 triggers flurry of scrubber orders for containerships2018-09-18

THE number of orders for scrubbers has risen dramatically as containership owners scramble to meet the requirements of the 0.5 per cent sulphur cap that the International Maritime Organization (IMO) will introduce in 2020.According to analyst Alphaliner,

Panama Canal retains its 'A' rating by Fitch for 3rd year in a row2018-09-18

FITCH Ratings has for the third consecutive year affirmed the Panama Canal Authority's (ACP) 'A' investment grade rating with a stable outlook for its long-term issuer default rating and its senior unsecured notes.The credit rating agency pointed to the c