Cosco to boost box fleet ahead of Trump tariffs and alliance shuffle
Despite the restructuring of the three container shipping alliances, and MSC’s emergence as a solo ...
China United Lines (CULines) is venturing towards larger ships, ordering a pair of 7,000 teu vessels from Shanghai Waigaoqiao Shipbuilding (SWS) on Friday.
CULines co-CEO Raymond Chen and SWS chairman Wang Qi attended a ship construction contract signing ceremony, with delivery expected in H224.
The newbuilding price was not disclosed although VesselsValue estimates the current price of a similar ship at around $78m.
Majority controlled by the Chinese state, CULines started out as an NVOCC before launching intra-Asia liner services with chartered ships, ...
European port congestion now at five-to-six days, and getting worse
Keep our news independent, by supporting The Loadstar
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
New services and reinstated blanked sailings boost transpacific capacity
Legal challenges for tariffs and de minimis, as EU eyes new ecommerce rules
Bottleneck fears as cargo growth outpaces airport infrastructure investment
Air forwarders face financial uncertainty – but 'there are opportunities'
MSC renews lease for terminal operating subsidiary at Port Everglades until 2034
Comment on this article