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China tests super dredger to speed island building in South China Sea

CHINA is testing a super dredger to speed land reclamation as the country builds permanent structures in the South China Sea to substantiate controversial territorial claims, Reuters reports. Cit

Cosco, Wan Hai, PIL raise capacity on Asia-USWC service

COSCO, Wan Hai and Pacific International Lines (PIL) are increasing the size vessels deployed on their joint Asia-US west coast SEA/CP1/AC5 service throughout November and December. The vessels o

Cosco new transpac king if regulators approve takeover of OOCL

CONTAINER shipping company rankings will again be upset if the Cosco's buyout of Hong Kong's premier shipping company, Orient Overseas Container Line, meets regulatory approval.The would-be me

Zim deploys 11,000-TEU vessel on Asia-east coast South America

ZIM is now operating the 11,037-TEU Cape Sounio, the largest vessel currently employed by the Israeli shipping line, on its Asia South America East Coast (ASE) service, in order to meet growing market

Expanded Panama Canal celebrates first birthday

THE Expanded Panama Canal celebrated its first birthday on Monday June 26, The Maritime Executive reported.In its first year of operation, over 1,500 Neopanamax vessels have transited the new locks. C

Singapore court gives near-bankrupt Hanjin a break by stalling creditors

SINGAPORE's High Court has granted a temporary reprieve for the near-bankrupt Hanjin Shipping, allowing the Korean carrier's ships to sail into the city-state without fear of being impounded a

China's share of global export value increases from 12.9pc to 14.6pc

CHINA's global export trade value share increase from 12.9 per cent to 14.6 per cent last year, according to International Monetary Fund (IMF) data, reports Bloomberg News.This startling result ca