Indonesia arrests RCL box ship said to be carrying banned palm oil
A containership belonging to Thai liner operator Regional Container Lines (RCL) is detained in Indonesia’s ...
The row in the Horn of Africa between DP World and the government of Djibouti rumbles on, and now appears to be dragging the Chinese government to the courts. The Dubai operator is suing it for the investment of state-owned port operator China Merchants and its role in acquiring a 23.5% stake in Djibouti’s state-owned port authority [PDSA] and subsequent development of an adjacent free trade zone. PDSA has been trying to evict DP World from operating the Doraleh Container Terminal, and now DP World has lodged a case in a Hong Kong court accusing the Chinese government of “unlawfully procuring and inducing the republic of Djibouti to breach various agreements between the African country and DP World”, according to Middle East newswire Vanguard.
Hapag books $4.7bn Q1 profit, but the outlook is uncertain as costs rise
CMA CGM offers cash incentive for returning containers early
Misdeclared Li-Ion battery shipments a rising threat to shipping
One-third of foreign workers look set to leave China this summer
US container imports up 7% in April as coastal shift continues
Inditex lobbies for Maersk to win contract to run new Bangladesh terminal
Lockdowns driving multinational soul-searching on staying in China
Maersk develops alternative Asia-Europe sea-rail service, via Central Asia
Comment on this article